Funding you earn now, next payment 03:00 UTC+0.0381%/8h= +41.7% APRnext payment +$0.48 per $10,000 · paid last 24h +0.084%
Price spread now: Nado against Bulk−0.301%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$470.468% of the position
Funding, last 3 days (all we have)+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+2.601%+$260 · spread now −0.301%, 7d avg +0.005%
=Together, before fees+2.686%+ Points / potential airdropNado: Active · farm board+$269 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.306% cheaper against Bulk than usual: you would sell low and buy high (spread −0.301% now, against its 7-day average of +0.005%). If the spread goes back, that is −$31 on $10k: about 2.7 days of funding at the current rate (+$11 a day). At the pace of the last 3 days (+0.085% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.085% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk NEAR-USD | 4.4470 | 0.0100 | pay 0.0013% / 1h | 3m 54s | $253K | −$0 | 10x |
| Short | Nado NEAR-PERP | 4.4336 | 0.0481 | get 0.0060% / 1h | 3m 54s | $1.9M | $3.2M | 10x |
Bulk NEAR-USD
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bulk. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $79.97
- Price spread: −0.301% → +0.005%
- −$30.58
- Slippage, 4 orders
- −$32.75
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $2.64
- Costs to cover
- 0.468%
- Break-even
- 6.8 days
Slippage from Bulk: live order book, 60 min ago; Nado: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bulk live order book, 60 min ago | 11.45 bp | 15.0 bp −$15 | 15.0 bp −$150 | 26.3 bp −$2,628 | 54.7 bp −$27.4K |
| Sell Nado live order book, 5 min ago | 3.64 bp | 8.7 bp −$9 | 19.8 bp −$198 | doesn't fit | doesn't fit |
NEAR on 45 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4362 | −0.242% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4520 | +0.113% | $2.2M | $15.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4468 | −0.004% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4513 | +0.097% | $563K | $21.9M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4416 | −0.120% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.880% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4380 | −0.202% | $115K | $516K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4495 | +0.056% | $425K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4608 | +0.312% | $273.7M | $1.12B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4587 | +0.264% | $223.4M | $429.0M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4620 | +0.338% | $63.6M | $305.9M | 50x | as long as short |
| Bulk NEAR-USDlong | +0.0100% | 1h | 4.4470 | long leg | $253K | −$0 | 10x | |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4587 | +0.264% | $32.3M | $65.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4760 | +0.653% | $75.6M | $150.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4620 | +0.338% | $55.3M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4685 | +0.484% | $73.6M | $131.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4710 | +0.540% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4486 | +0.037% | $8.6M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4994 | +1.180% | $270K | $977K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5311 | +1.892% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5320 | +1.912% | $174K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4400 | −0.157% | $256K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4436 | −0.076% | $57K | $237K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4510 | +0.091% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4478 | +0.019% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4620 | +0.338% | $457K | $4.1M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4600 | +0.293% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4425 | −0.100% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4470 | +0.001% | $207K | $40K | 3x | as long as short |
| Extended NEAR-USD | +0.0200% | 1h | 4.4674 | +0.459% | $4.0M | $19.5M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4500 | +0.068% | $14.0M | $33.4M | 75x | as long as short |
| Aster NEARUSDT | +0.0281% | 8h | 4.4447 | −0.052% | $3.1M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0235% | 1h | 4.4411 | −0.133% | $266K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0384% | 1h | 4.4405 | −0.146% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4480 | +0.023% | $215K | $1.8M | 10x | as long as short |
| Nado NEAR-PERPshort | +0.0481% | 1h | 4.4336 | −0.301% | $1.9M | $3.2M | 10x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0493% | 1h | 4.4458 | −0.026% | $1.9M | $4.5M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0533% | 1h | 4.4588 | +0.266% | $1.4M | $6.7M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0691% | 1h | 4.4563 | +0.209% | $8.3M | $41.3M | 50x | as long as short |
| Lighter RH NEAR | +0.0704% | 1h | 4.4648 | +0.401% | $1.5M | $7.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0760% | 1h | 4.4627 | +0.354% | $370.8M | $325.8M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.5453 | +2.211% | $1.9M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4432 | −0.086% | $570K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.1120% | 1h | 4.4645 | +0.394% | $17.9M | $27.1M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1646% | 1h | 4.4963 | +1.110% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Extended NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD