NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0465%/8h= −50.9% APRnext payment −$0.58 per $10,000 · paid last 24h +0.086%

Price spread now: Nado against Pacifica+0.053%7-day average +0.019% · 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−$49as in the Price arb table

costs, in and out, $10k−$520.522% of the position

Long on Pacifica Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.094%+$9 on $10k

Price spread, last 7 days+0.025%+$3 · spread now +0.053%, 7d avg +0.019%

Together, before fees+0.119%+ Points / potential airdropPacifica: Active · Nado: Active · farm board+$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.034% dearer against Pacifica than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.019%): +$3 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 3 days funding on this pair paid +0.094%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.094% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.58 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	Pacifica NEAR	4.4412	0.0847	pay 0.0106% / 1h	1m 56s	$407K	$1.4M	10x
Short	Nado NEAR-PERP	4.4435	0.0381	get 0.0048% / 1h	1m 56s	$1.7M	$3.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Pacifica. 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 PacificabpFee NadobpOrdersPrice spread, now +0.053%Rate

Funding earned: −$97.7
Price spread: +0.053% → +0.019%: $3.38
Slippage, 4 orders: −$37.16
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$146.48
Costs to cover: 0.522%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; Nado: live order book, 2 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 Pacifica live order book, 2 min ago	1.02 bp	14.8 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 2 min ago	1.13 bp	7.2 bp −$7	16.2 bp −$162	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	4.4407	−0.012%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4395	−0.039%	$109K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4446	+0.077%	$168K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.759%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4430	+0.041%	$113K	$497K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4410	−0.004%	$223.7M	$424.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4410	−0.004%	$62.7M	$296.5M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4419	+0.017%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4431	+0.043%	$33.9M	$61.4M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4430	+0.041%	$53.5M	$46.0M	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	4.4433	+0.048%	$73.3M	$127.1M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4197	−0.483%	$8.9M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4142	−0.607%	$258K	$965K	20x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4433	+0.048%	$273K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4489	+0.174%	$58K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4540	+0.288%	$1K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4500	+0.198%	$474K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4440	+0.063%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.4360	−0.118%	$32K	$608	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0111%	8h	4.4060	−0.792%	$1.5M	$1.5M	10x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.4505	+0.210%	$207K	$40K	3x	as long as short
BingX NEAR-USDC	+0.0130%	8h	4.4440	+0.063%	—	$6.7M	—	as long as short
MEXC NEAR_USDT	+0.0143%	8h	4.4460	+0.108%	$85.1M	$146.9M	200x	as long as short
Binance NEARUSDT	+0.0147%	8h	4.4460	+0.108%	$270.2M	$1.09B	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.4545	+0.300%	$2.3M	$16.5M	50x	as long as short
BloFin NEAR-USDT	+0.0264%	8h	4.4300	−0.252%	$13.4M	$32.7M	75x	as long as short
Kalshi KXNEARPERP	+0.0312%	8h	4.4459	+0.106%	$1.1M	$24.7M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0315% / S −0.0201%	1h	4.4444	+0.072%	$238K	—	100x	as long as short
Aster NEARUSDT	+0.0345%	8h	4.4460	+0.108%	$2.9M	$5.2M	50x	as long as short
Nado NEAR-PERPshort	+0.0381%	1h	4.4435	+0.053%	$1.7M	$3.2M	10x
Extended NEAR-USD	+0.0448%	1h	4.4432	+0.045%	$3.7M	$19.2M	25x	as long as short
ApeX Omni NEARUSDT	+0.0450%	1h	4.4150	−0.590%	$167K	$803K	50x	as long as short
SoDEX NEAR-USD	+0.0497%	1h	4.4455	+0.097%	$5K	$52K	10x	as long as short
Hyperliquid NEAR	+0.0692%	1h	4.4508	+0.216%	$366.3M	$311.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0702%	1h	4.4493	+0.183%	$1.3M	$6.5M	20x	as long as short
01 Exchange NEARUSD	+0.0704%	1h	4.4494	+0.185%	$13K	$7K	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0711%	1h	4.4456	+0.100%	$7.4M	$39.1M	50x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.4460	+0.108%	$227K	$1.6M	10x	as long as short
Pacifica NEARlong	+0.0847%	1h	4.4412	long leg	$407K	$1.4M	10x
Lighter NEAR	+0.0936%	1h	4.4529	+0.265%	$17.4M	$25.3M	15x	as long as short
Phoenix NEAR	+0.1033%	1h	4.4241	−0.385%	$1.8M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1112%	1h	4.4537	+0.282%	$1.5M	$7.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1122%	1h	4.4508	+0.216%	$2.0M	$12.1M	25x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.4452	+0.089%	$691K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1239%	1h	4.4037	−0.845%	$5K	$12K	10x	as long as short