NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0644%/8h= +70.5% APRnext payment +$0.80 per $10,000 · paid last 24h −0.076%

Price spread now: Pacifica against Nado+0.105%7-day average −0.021% · 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−$26as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on Nado Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.088%−$9 on $10k

Price spread, last 7 days−0.272%−$27 · spread now +0.105%, 7d avg −0.021%

Together, before fees−0.360%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$36 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Pacifica is 0.126% dearer against Nado than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.021%. Mind the row above: over the last 3 days funding on this pair cost −0.088%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.088% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.80 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	4.3498	0.0543	pay 0.0068% / 1h	10m 25s	$1.7M	$3.2M	10x
Short	Pacifica NEAR	4.3543	0.1187	get 0.0148% / 1h	10m 25s	$416K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee NadobpFee PacificabpOrdersPrice spread, now +0.105%Rate

Funding earned: $135.14
Price spread: +0.105% → −0.021%: $12.56
Slippage, 4 orders: −$23.12
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $109.58
Costs to cover: 0.381%
Break-even: 1.3 days

Slippage from Nado: live order book, 3 min ago; Pacifica: 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, 3 min ago	0.46 bp	7.5 bp −$7	18.2 bp −$182	doesn't fit	doesn't fit
Sell Pacifica live order book, 4 min ago	1.25 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit

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	4.3550	+0.121%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3524	+0.061%	$107K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3817	+0.734%	$164K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.800%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3490	−0.018%	$110K	$485K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3489	−0.020%	$220.1M	$431.0M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3480	−0.041%	$61.2M	$291.6M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3565	+0.155%	$248K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3473	−0.057%	$35.2M	$62.3M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3500	+0.005%	$52.7M	$45.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.3483	−0.034%	$72.1M	$128.4M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3567	+0.159%	$8.7M	$18.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3862	+0.837%	$256K	$903K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3800	+0.695%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3850	+0.810%	$165K	$804K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3511	+0.030%	$288K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3574	+0.175%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3630	+0.304%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3640	+0.327%	$456K	$3.8M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3600	+0.235%	$3.6M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0103%	8h	4.3476	−0.051%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3465	−0.075%	$3.6M	$18.1M	25x	as long as short
SoDEX NEAR-USD	+0.0109%	1h	4.3555	+0.132%	$5K	$53K	10x	as long as short
Aevo NEAR-PERP	+0.0136%	1h	4.3576	+0.180%	$203K	$38K	3x	as long as short
BingX NEAR-USDT	+0.0203%	8h	4.3480	−0.041%	—	$144.3M	—	as long as short
Binance NEARUSDT	+0.0212%	8h	4.3512	+0.032%	$264.3M	$1.08B	75x	as long as short
MEXC NEAR_USDT	+0.0213%	8h	4.3520	+0.051%	$77.5M	$150.3M	200x	as long as short
Kalshi KXNEARPERP	+0.0232%	8h	4.3584	+0.198%	$968K	$25.0M	2.2x	as long as short
Aster NEARUSDT	+0.0276%	8h	4.3490	−0.019%	$2.8M	$4.8M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0313% / S −0.0200%	1h	4.3538	+0.093%	$232K	—	100x	as long as short
BloFin NEAR-USDT	+0.0333%	8h	4.3630	+0.304%	$13.5M	$32.2M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0401%	1h	4.3563	+0.150%	$1.3M	$7.0M	20x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.3613	+0.265%	$2.3M	$16.6M	50x	as long as short
01 Exchange NEARUSD	+0.0464%	1h	4.3524	+0.060%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0487%	1h	4.3511	+0.030%	$354.9M	$314.5M	10x	as long as short
Nado NEAR-PERPlong	+0.0543%	1h	4.3498	long leg	$1.7M	$3.2M	10x
Kraken Futures PF_NEARUSD	+0.0670%	1h	4.3540	+0.097%	$7.2M	$38.3M	50x	as long as short
Lighter NEAR	+0.0768%	1h	4.3599	+0.233%	$17.1M	$25.4M	15x	as long as short
Lighter RH NEAR	+0.0864%	1h	4.3595	+0.224%	$1.5M	$6.8M	10x	as long as short
Arcus NEAR-USD	+0.0880%	1h	4.3520	+0.051%	$224K	$1.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0898%	1h	4.3587	+0.205%	$1.9M	$13.1M	25x	as long as short
Phoenix NEAR	+0.1003%	1h	4.4110	+1.408%	$1.8M	$2.5M	10x	as long as short
Pacifica NEARshort	+0.1187%	1h	4.3543	+0.105%	$416K	$1.4M	10x
RISEx NEAR/USDC	+0.1259%	1h	4.3518	+0.047%	$657K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1326%	1h	4.3836	+0.778%	$5K	$12K	10x	as long as short