Funding you earn now, next payment 02:00 UTC−0.0307%/8h= −33.6% APRpaid last 24h −0.080%
Price spread now: Gate against Nado−0.401%7-day average −0.050% · 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−$84as in the Price arb table
costs, in and out, $10k−$490.488% of the position
Funding, last 3 days (all we have)−0.081%−$8 on $10k
+Price spread, last 7 days+0.366%+$37 · spread now −0.401%, 7d avg −0.050%
=Together, before fees+0.285%+ Points / potential airdropNado: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.351% cheaper against Nado than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.081% in total (about -9.0% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NEAR-PERP | 4.3860 | 0.0407 | pay 0.0051% / 1h | 15m 09s | $1.9M | $3.1M | 10x |
| Short | Gate NEAR_USDT | 4.3684 | 0.0100 | get 0.0100% / 8h | 6h 15m | $31.5M | $62.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Nado. 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
- −$64.45
- Price spread: −0.401% → −0.050%
- −$35.12
- Slippage, 4 orders
- −$26.85
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$148.42
- Costs to cover
- 0.488%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; Gate: live order book, 4 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 Nado live order book, 4 min ago | 1.46 bp | 6.9 bp −$7 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.28 bp | 14.1 bp −$14 | 19.9 bp −$199 | 39.0 bp −$3,900 | 60.5 bp −$30.2K |
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 | 4.3857 | −0.006% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3882 | +0.050% | $2.2M | $14.3M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3762 | −0.224% | $108K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3803 | −0.130% | $591K | $20.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3840 | −0.046% | $194K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.586% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0088% | 8h | 4.3887 | +0.061% | $8.5M | $18.5M | — | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3820 | −0.091% | $112K | $495K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3815 | −0.103% | $412K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3774 | −0.195% | $265.7M | $1.08B | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | +0.0100% | 8h | 4.3652 | −0.474% | $221.2M | $420.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3640 | −0.502% | $62.3M | $289.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3890 | +0.068% | $209K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3850 | −0.023% | $250K | −$0 | 10x | as long as short |
| Gate NEAR_USDTshort | +0.0100% | 8h | 4.3684 | −0.401% | $31.5M | $62.7M | 75x | |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3670 | −0.433% | $74.7M | $143.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3860 | 0.000% | $53.8M | $43.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3682 | −0.406% | $71.8M | $126.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3720 | −0.319% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4564 | +1.605% | $281K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4520 | +1.505% | $1.5M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4540 | +1.550% | $183K | $765K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3888 | +0.064% | $210K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3836 | −0.055% | $60K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3900 | +0.091% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3835 | −0.057% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3850 | −0.023% | $453K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3750 | −0.251% | $3.9M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3783 | −0.177% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3810 | −0.115% | $3.8M | $18.5M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3855 | −0.011% | $204K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0176% | 8h | 4.3841 | −0.043% | $3.0M | $5.8M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0216% | 1h | 4.3835 | −0.058% | $8.0M | $40.8M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0343% | 1h | 4.3862 | +0.005% | $1.9M | $4.2M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0347% / S −0.0242% | 1h | 4.3833 | −0.061% | $255K | — | 100x | as long as short |
| Nado NEAR-PERPlong | +0.0407% | 1h | 4.3860 | long leg | $1.9M | $3.1M | 10x | |
| 01 Exchange NEARUSD | +0.0416% | 1h | 4.3859 | −0.002% | $13K | $7K | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3860 | 0.000% | $554K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.4150 | +0.661% | $1.8M | $2.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0784% | 1h | 4.3778 | −0.187% | $1.6M | $7.0M | 10x | as long as short |
| Hyperliquid NEAR | +0.0901% | 1h | 4.3737 | −0.280% | $368.4M | $309.4M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0912% | 1h | 4.3715 | −0.331% | $1.5M | $6.3M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.1638% | 1h | 4.4124 | +0.601% | $6K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1760% | 1h | 4.3886 | +0.058% | $17.6M | $25.7M | 15x | as long as short |
Gate NEAR_USDT
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Variational Omni NEAR
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
RISEx NEAR/USDC
Phoenix NEAR
Lighter RH NEAR
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD
Lighter NEAR