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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0822%/8h= +90.0% APRnext payment +$1.03 per $10,000 · paid last 24h +0.058%
Price spread now: RISEx against Nado+0.042%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$220.220% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.301%+$30 on $10k
Price spread, last 7 days−0.052%−$5 · spread now +0.042%, 7d avg 0.000%
Together, before fees+0.249%+ Points / potential airdropNado: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and RISEx is 0.043% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NEAR-PERP4.38250.0398pay 0.0050% / 1h9m 37s$1.7M$3.2M10x
ShortRISEx NEAR/USDC4.38440.1220get 0.0153% / 1h9m 37s$687K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$172.61
Price spread: +0.042% → 0.000%
$4.27
Slippage, 4 orders
−$8.95
Fee Nado: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
$154.93
Costs to cover
0.220%
Break-even
0.7 days
Slippage from Nado: live order book, 4 min ago; RISEx: live order book, 4 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, 4 min ago0.46 bp6.5 bp −$713.0 bp −$130doesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago1.15 bp4.1 bp −$49.8 bp −$98doesn'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
Reya NEARRUSDPERP−0.0171%1h4.3804−0.049%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3820−0.012%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0010%1h4.3789−0.082%$156K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.511%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3810−0.034%$116K$497K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3808−0.039%$219.3M$421.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3800−0.057%$62.0M$291.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3500−0.742%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3826+0.002%$33.2M$60.8M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3870+0.103%$52.9M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3805−0.046%$71.9M$126.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.3607−0.497%$8.8M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.3652−0.395%$255K$963K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3834+0.021%$283K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3839+0.032%$57K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3900+0.171%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3820−0.011%$474K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3830+0.011%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3811−0.032%$32K$60810xas long as short
GRVT NEAR_USDT_Perp+0.0102%8h4.3673−0.346%$1.4M$1.5M10xas long as short
Aevo NEAR-PERP+0.0112%1h4.3854+0.066%$204K$37K3xas long as short
BingX NEAR-USDT+0.0119%8h4.3840+0.034%$143.5Mas long as short
MEXC NEAR_USDT+0.0125%8h4.3870+0.103%$83.8M$146.1M200xas long as short
Binance NEARUSDT+0.0130%8h4.3840+0.034%$266.8M$1.09B75xas long as short
BloFin NEAR-USDT+0.0245%8h4.3630−0.445%$13.3M$32.1M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3881+0.128%$2.3M$16.3M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0313% / S −0.0201%1h4.3790−0.081%$235K100xas long as short
Kalshi KXNEARPERP+0.0313%8h4.3749−0.173%$1.0M$24.6M2.2xas long as short
Aster NEARUSDT+0.0339%8h4.3840+0.034%$2.8M$5.2M50xas long as short
Nado NEAR-PERPlong+0.0398%1h4.3825long leg$1.7M$3.2M10x
ApeX Omni NEARUSDT+0.0417%1h4.3640−0.422%$167K$796K50xas long as short
Extended NEAR-USD+0.0488%1h4.3809−0.036%$3.7M$19.3M25xas long as short
SoDEX NEAR-USD+0.0525%1h4.38250.000%$5K$52K10xas long as short
Hyperliquid NEAR+0.0664%1h4.3893+0.155%$360.5M$309.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0688%1h4.3915+0.205%$1.3M$6.6M20xas long as short
01 Exchange NEARUSD+0.0720%1h4.3856+0.071%$13K$7K10xas long as short
Kraken Futures PF_NEARUSD+0.0722%1h4.3806−0.044%$7.4M$39.1M50xas long as short
Arcus NEAR-USD+0.0814%1h4.3850+0.057%$227K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.3865+0.090%$402K$1.4M10xas long as short
Lighter NEAR+0.0912%1h4.3904+0.179%$17.2M$25.2M15xas long as short
Phoenix NEAR+0.1033%1h4.3931+0.242%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1104%1h4.3908+0.189%$1.5M$7.4M10xas long as short
RISEx NEAR/USDCshort+0.1220%1h4.3844+0.042%$687K$1.3M10x
Aftermath Perps NEARUSD+0.1297%1h4.3516−0.705%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1417%1h4.3862+0.084%$2.0M$11.9M25xas long as short