Funding you earn now, next payment 08:00 UTC−0.0338%/8h= −37.0% APRnext payment −$0.42 per $10,000 · paid last 24h −0.111%
Price spread now: Injective against Nado−4.955%7-day average +0.512% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.103%−$10 on $10k
+Price spread, last 4 days (all we have)+6.976%+$698 · spread now −4.955%, 7d avg +0.512%
=Together, before fees+6.873%+ Points / potential airdropNado: Active · farm board+$687 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Injective is 5.467% cheaper against Nado than usual: you would sell low and buy high (−$547 if the spread goes back to its 7-day average of +0.512%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.103% in total (about -10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.42 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 | Nado NEAR-PERP | 4.3569 | 0.0371 | pay 0.0046% / 1h | 3m 05s | $1.7M | $3.2M | 10x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 3m 05s | $578 | $301K | 12x |
Nado NEAR-PERP
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$70.89
- Price spread: −4.955% → +0.512%
- −$546.68
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$624.59
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.
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, 1 min ago | 0.80 bp | 5.6 bp −$6 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.3529 | −0.091% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3462 | −0.245% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3591 | +0.052% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3621 | +0.119% | $7.2M | $38.7M | 50x | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −4.955% | $578 | $301K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3570 | +0.003% | $114K | $499K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3610 | +0.095% | $219.7M | $430.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3610 | +0.095% | $61.6M | $296.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | +0.416% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3609 | +0.092% | $35.9M | $63.2M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3630 | +0.141% | $52.9M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3602 | +0.076% | $72.1M | $127.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3549 | −0.045% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3722 | +0.353% | $253K | $896K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3681 | +0.258% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3680 | +0.255% | $167K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3598 | +0.067% | $274K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3643 | +0.170% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3630 | +0.141% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3625 | +0.129% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3620 | +0.118% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3587 | +0.042% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3605 | +0.082% | $3.6M | $16.4M | 25x | as long as short |
| Aster NEARUSDT | +0.0105% | 8h | 4.3603 | +0.079% | $2.7M | $4.8M | 50x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3630 | +0.141% | $203K | $38K | 3x | as long as short |
| Hyperliquid NEAR | +0.0132% | 1h | 4.3638 | +0.159% | $351.6M | $316.3M | 10x | as long as short |
| Binance NEARUSDT | +0.0144% | 8h | 4.3620 | +0.118% | $263.5M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0146% | 8h | 4.3630 | +0.141% | $89.0M | $154.7M | 200x | as long as short |
| HTX NEAR-USDT | +0.0159% | 8h | 4.3690 | +0.278% | $465K | $3.8M | 75x | as long as short |
| BingX NEAR-USDC | +0.0162% | 8h | 4.3620 | +0.118% | — | $6.6M | — | as long as short |
| Kalshi KXNEARPERP | +0.0169% | 8h | 4.3521 | −0.110% | $940K | $25.1M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0232% | 1h | 4.3587 | +0.042% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0264% | 8h | 4.3630 | +0.141% | $13.4M | $32.1M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0342% / S −0.0242% | 1h | 4.3590 | +0.048% | $253K | — | 100x | as long as short |
| Nado NEAR-PERPlong | +0.0371% | 1h | 4.3569 | long leg | $1.7M | $3.2M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0473% | 1h | 4.3666 | +0.223% | $1.1M | $7.2M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3621 | +0.120% | $2.3M | $17.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0496% | 1h | 4.3675 | +0.244% | $1.5M | $6.8M | 10x | as long as short |
| Lighter NEAR | +0.0560% | 1h | 4.3684 | +0.265% | $17.2M | $25.4M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3580 | +0.026% | $228K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3557 | −0.028% | $411K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3702 | +0.306% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3563 | −0.012% | $604K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1125% | 1h | 4.3624 | +0.126% | $5K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1355% | 1h | 4.3690 | +0.278% | $1.9M | $13.1M | 25x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
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
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
Aevo NEAR-PERP
Hyperliquid NEAR
Binance NEARUSDT
MEXC NEAR_USDT
HTX NEAR-USDT
BingX NEAR-USDC
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Arcus NEAR-USD
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL