NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0325%/8h= +35.6% APRnext payment +$0.41 per $10,000 · paid last 24h +0.110%

Price spread now: Nado against dYdX+0.169%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$1101.098% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.175%+$17 on $10k

Price spread, last 4 days (all we have)+0.311%+$31 · spread now +0.169%, 7d avg +0.033%

Together, before fees+0.486%+ Points / potential airdropNado: Active · farm board+$49 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Nado is 0.136% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX NEAR-USD	4.3981	0	get 0.0000% / 1h	52m 12s	$108K	$70K	10x
Short	Nado NEAR-PERP	4.4055	0.0325	get 0.0041% / 1h	52m 12s	$1.9M	$3.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee NadobpOrdersPrice spread, now +0.169%Rate

Funding earned: $68.22
Price spread: +0.169% → +0.033%: $13.58
Slippage, 4 orders: −$92.77
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$27.97
Costs to cover: 1.098%
Break-even: 9.9 days

Slippage from dYdX: live order book, 12 min ago; Nado: live order book, 2 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 dYdX live order book, 12 min ago	37.73 bp	42.7 bp −$43	42.7 bp −$427	70.7 bp −$7,066	125.5 bp −$62.8K
Sell Nado live order book, 2 min ago	1.71 bp	6.7 bp −$7	14.4 bp −$144	doesn't fit	doesn't fit

NEAR on 44 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	4.4044	+0.145%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.3764	−0.492%	$2.2M	$14.2M	50x	as long as short
dYdX NEAR-USDlong	0.0000%	1h	4.3981	long leg	$108K	$70K	10x
Kalshi KXNEARPERP	0.0000%	8h	4.3858	−0.279%	$550K	$19.4M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.4046	+0.150%	$199K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.845%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4060	+0.181%	$116K	$488K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3998	+0.039%	$415K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4090	+0.249%	$267.7M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4080	+0.226%	$222.5M	$416.5M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4050	+0.158%	$62.7M	$290.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3657	−0.736%	$249K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4056	+0.172%	$31.7M	$61.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4080	+0.226%	$76.3M	$139.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4100	+0.272%	$54.7M	$43.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4041	+0.137%	$72.3M	$125.9M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4040	+0.135%	—	$144.1M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3808	−0.393%	$8.4M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3659	−0.732%	$267K	$994K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3657	−0.736%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3610	−0.843%	$194K	$777K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4090	+0.249%	$207K	$3.6M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4058	+0.176%	$61K	$190K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4080	+0.226%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4065	+0.192%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4160	+0.408%	$462K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4060	+0.181%	$3.9M	$8.1M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4009	+0.065%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4037	+0.128%	$3.8M	$18.6M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4079	+0.224%	$205K	$34K	3x	as long as short
Aster NEARUSDT	+0.0193%	8h	4.4100	+0.272%	$3.0M	$5.5M	50x	as long as short
Nado NEAR-PERPshort	+0.0325%	1h	4.4055	+0.169%	$1.9M	$3.0M	10x
GMX NEAR/USD [ETH-USDC]	L +0.0349% / S −0.0243%	1h	4.4024	+0.099%	$258K	—	100x	as long as short
01 Exchange NEARUSD	+0.0408%	1h	4.4104	+0.281%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.4070	+0.203%	$210K	$1.7M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0522%	1h	4.4095	+0.260%	$1.9M	$4.3M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0628%	1h	4.3819	−0.367%	$1.4M	$6.4M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0699%	1h	4.4104	+0.281%	$8.2M	$41.0M	50x	as long as short
Lighter RH NEAR	+0.0808%	1h	4.4136	+0.353%	$1.6M	$6.9M	10x	as long as short
Hyperliquid NEAR	+0.0838%	1h	4.4131	+0.342%	$371.6M	$304.0M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.3900	−0.183%	$1.8M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.4073	+0.211%	$556K	$1.3M	10x	as long as short
Lighter NEAR	+0.1008%	1h	4.4171	+0.432%	$17.6M	$25.5M	15x	as long as short
Aftermath Perps NEARUSD	+0.1665%	1h	4.3755	−0.513%	$6K	$12K	10x	as long as short