Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0337%/8h= −36.9% APRpaid last 24h −0.077%
Price spread now: edgeX against Nado+0.092%62s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.073%−$7 on $10k
Price spread, last 3 days (all we have)+0.329%+$33 · spread now +0.092%, 7d avg +0.027%
Together, before fees+0.255%+ Points / potential airdropNado: Active · edgeX: Active · farm board+$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.065% dearer against Nado than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.027%): +$7 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 3 days (−0.073% in total) that is about 2.9 days. The two prices were read 62 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 3 days it paid -0.073% in total (about -8.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NEAR-PERP4.30220.0437pay 0.0055% / 1h47m 44s$1.9M$3.3M10x
ShortedgeX NEARUSDC4.30620.0100get 0.0050% / 4h3h 47m$267K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Nado. 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

Funding earned
−$70.76
Price spread: +0.092% → +0.027%
$6.52
Slippage, 4 orders
−$19.14
Fee Nado: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$99.38
Costs to cover
0.351%
Break-even
never at this rate
Slippage from Nado: live order book, 1 min ago; edgeX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 1 min ago0.46 bp4.0 bp −$411.5 bp −$115doesn't fitdoesn't fit
Sell edgeX live order book, 1 min ago6.97 bp12.2 bp −$1231.7 bp −$317doesn't fitdoesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NEARUSDT−0.0213%8h4.2970−0.120%$3.8M$8.5M50xas long as short
Bybit NEARUSDT−0.0182%8h4.2893−0.299%$218.8M$418.5M75xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3030+0.018%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.2987−0.081%$7.6M$37.1M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3081+0.138%$2.3M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.3035+0.030%$112K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3069+0.110%$377K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3068+0.108%$204K150xas long as short
01 Exchange NEARUSD+0.0008%1h4.3062+0.094%$13K$7K10xas long as short
Variational Omni NEAR+0.0014%8h4.2988−0.078%$7.9M$18.6Mas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.746%$578$302K12xas long as short
Gate NEAR_USDT+0.0060%8h4.2946−0.176%$31.0M$58.7M75xas long as short
Popdex NEARUSDT+0.0096%1h4.3060+0.089%$112K$478K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3035+0.031%$57K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3013−0.020%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.3002−0.046%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.3042+0.047%$403K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2951−0.164%$255.0M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2890−0.306%$61.1M$279.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3030+0.019%$197K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3050+0.066%$245K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.2970−0.120%$79.7M$138.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2980−0.097%$56.3M$43.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2912−0.255%$71.2M$125.0M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2910−0.260%$6.6Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.3062+0.092%$267K$1.2M20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3082+0.140%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3000−0.051%$180K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3068+0.108%$193K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3070+0.112%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2973−0.113%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3160+0.321%$459K$3.6M75xas long as short
Extended NEAR-USD+0.0104%1h4.2919−0.238%$3.9M$16.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3022+0.001%$200K$28K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3080+0.135%$13.0M$29.3M75xas long as short
Hyperliquid NEAR+0.0303%1h4.2964−0.134%$366.4M$300.1M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0354%1h4.3056+0.080%$1.9M$3.0M25xas long as short
Lighter RH NEAR+0.0368%1h4.3034+0.028%$1.6M$6.8M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0377% / S −0.0313%1h4.3069+0.110%$276K100xas long as short
RISEx NEAR/USDC+0.0428%1h4.3050+0.067%$409K$1.2M10xas long as short
Nado NEAR-PERPlong+0.0437%1h4.3022long leg$1.9M$3.3M10x
Backpack NEAR_USDC_PERP+0.0492%1h4.2984−0.088%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0499%1h4.3171+0.347%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1238%1h4.3054+0.075%$5K$12K10xas long as short
Lighter NEAR+0.2224%1h4.3032+0.024%$17.2M$23.9M15xas long as short