Funding you earn now, next payment 10:00 UTC+0.0537%/8h= +58.8% APRnext payment +$0.67 per $10,000 · paid last 24h −0.026%
Price spread now: Nado against Kraken Futures−0.212%46s7-day average −0.045% · 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—prices read too far apart to compare
costs, in and out, $10k−$420.422% of the position
Funding, last 4 days (all we have)−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)−0.423%−$42 · spread now −0.212%, 7d avg −0.045%
=Together, before fees−0.537%+ Points / potential airdropNado: Active · farm board−$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.167% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.212% now, against its 7-day average of −0.045%). If the spread goes back, that is −$17 on $10k: about 25 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 4 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.114% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.67 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NEARUSD | 4.5096 | −0.0140 | get 0.0018% / 1h | 7m 23s | $7.5M | $37.9M | 50x |
| Short | Nado NEAR-PERP | 4.5000 | 0.0397 | get 0.0050% / 1h | 7m 23s | $1.7M | $3.2M | 10x |
Kraken Futures PF_NEARUSD
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Kraken Futures. 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
- $112.83
- Price spread: −0.212% → −0.045%
- −$16.69
- Slippage, 4 orders
- −$25.17
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $53.97
- Costs to cover
- 0.422%
- Break-even
- 3.7 days
Slippage from Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago | 8.03 bp | 15.5 bp −$15 | 18.6 bp −$186 | 49.4 bp −$4,942 | 5795.8 bp −$2.90M |
| Sell Nado live order book, 5 min ago | 0.56 bp | 6.1 bp −$6 | 15.5 bp −$155 | doesn't fit | doesn't fit |
NEAR on 45 exchanges
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 | 4.5004 | −0.203% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSDlong | −0.0140% | 1h | 4.5096 | long leg | $7.5M | $37.9M | 50x | |
| dYdX NEAR-USD | +0.0002% | 1h | 4.5017 | −0.175% | $110K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5076 | −0.044% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.173% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5010 | −0.190% | $124K | $522K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5074 | −0.048% | $2.7M | $4.8M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5070 | −0.056% | $274.1M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5061 | −0.077% | $233.4M | $433.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5060 | −0.079% | $64.4M | $309.8M | 50x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.5030 | −0.145% | $227K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5102 | +0.014% | $269K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5052 | −0.097% | $40.0M | $63.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5040 | −0.123% | $77.5M | $172.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5050 | −0.101% | $53.4M | $45.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5071 | −0.054% | $74.8M | $130.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.5060 | −0.079% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4825 | −0.600% | $8.9M | $17.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5029 | −0.147% | $266K | $868K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4829 | −0.592% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4850 | −0.545% | $167K | $827K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5027 | −0.152% | $282K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5079 | −0.037% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5200 | +0.232% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5125 | +0.065% | $5K | $40K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5200 | +0.232% | $469K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5090 | −0.012% | $3.4M | $7.9M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0103% | 8h | 4.5029 | −0.149% | $33K | $51 | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0103% | 8h | 4.5111 | +0.034% | $813K | $26.3M | 2.2x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4986 | −0.243% | $3.8M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5054 | −0.093% | $209K | $38K | 3x | as long as short |
| 01 Exchange NEARUSD | +0.0176% | 1h | 4.5019 | −0.170% | $13K | $5K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5070 | −0.057% | $13.0M | $32.9M | 75x | as long as short |
| Hyperliquid NEAR | +0.0289% | 1h | 4.5053 | −0.094% | $363.5M | $318.0M | 10x | as long as short |
| Lighter NEAR | +0.0304% | 1h | 4.5098 | +0.005% | $17.6M | $23.9M | 15x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0342% / S −0.0235% | 1h | 4.5106 | +0.023% | $260K | — | 100x | as long as short |
| Nado NEAR-PERPshort | +0.0397% | 1h | 4.5000 | −0.212% | $1.7M | $3.2M | 10x | |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5142 | +0.103% | $2.3M | $17.8M | 50x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5013 | −0.183% | $642K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0648% | 1h | 4.5105 | +0.021% | $1.6M | $6.1M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0703% | 1h | 4.5145 | +0.110% | $1.9M | $13.1M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0706% | 1h | 4.5116 | +0.045% | $1.1M | $7.0M | 20x | as long as short |
| Phoenix NEAR | +0.0851% | 1h | 4.5214 | +0.263% | $1.7M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.5060 | −0.080% | $419K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1188% | 1h | 4.5055 | −0.090% | $6K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
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
Kalshi KXNEARPERP
Extended NEAR-USD
Aevo NEAR-PERP
01 Exchange NEARUSD
BloFin NEAR-USDT
Hyperliquid NEAR
Lighter NEAR
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
RISEx NEAR/USDC
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD