Funding you earn now, next payment 04:00 UTC−0.0383%/8h= −41.9% APRnext payment −$0.48 per $10,000 · paid last 24h −0.066%
Price spread now: Nado against Phoenix−0.291%7-day average −0.162% · 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−$50as in the Price arb table
costs, in and out, $10k−$370.372% of the position
Funding, last 3 days (all we have)−0.341%−$34 on $10k
+Price spread, last 7 days+0.187%+$19 · spread now −0.291%, 7d avg −0.162%
=Together, before fees−0.154%+ Points / potential airdropNado: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Nado is 0.129% cheaper against Phoenix than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.162%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NEAR | 4.3602 | 0.0941 | pay 0.0118% / 1h | 17m 07s | $1.8M | $2.8M | 10x |
| Short | Nado NEAR-PERP | 4.3475 | 0.0558 | get 0.0070% / 1h | 17m 07s | $1.8M | $3.1M | 10x |
Phoenix NEAR
Nado NEAR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Phoenix. 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
- −$80.39
- Price spread: −0.291% → −0.162%
- −$12.91
- Slippage, 4 orders
- −$23.21
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$130.52
- Costs to cover
- 0.372%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 1 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 Phoenix live order book, 1 min ago | 0.92 bp | 12.3 bp −$12 | 51.1 bp −$511 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 0.81 bp | 5.8 bp −$6 | 15.1 bp −$151 | 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 | 4.3492 | −0.252% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3461 | −0.323% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3479 | −0.283% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.027% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3516 | −0.197% | $2.3M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3500 | −0.234% | $111K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3545 | −0.131% | $266.3M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3503 | −0.227% | $215.2M | $425.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3510 | −0.211% | $61.6M | $289.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3250 | −0.807% | $246K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3491 | −0.255% | $32.2M | $61.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3530 | −0.165% | $74.2M | $146.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3520 | −0.188% | $54.0M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3486 | −0.266% | $71.7M | $127.7M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3510 | −0.211% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3327 | −0.630% | $8.2M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3370 | −0.532% | $253K | $949K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3370 | −0.532% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3460 | −0.326% | $167K | $796K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3520 | −0.188% | $275K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3540 | −0.142% | $58K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3590 | −0.028% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3640 | +0.087% | $473K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3550 | −0.119% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3446 | −0.358% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3543 | −0.136% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3600 | −0.005% | $13.6M | $32.3M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3487 | −0.265% | $402K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0284% | 8h | 4.3496 | −0.243% | $873K | $23.4M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0324% / S −0.0198% | 1h | 4.3491 | −0.254% | $235K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0324% | 8h | 4.3530 | −0.165% | $2.9M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0367% | 1h | 4.3515 | −0.200% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0520% | 1h | 4.3553 | −0.112% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERPshort | +0.0558% | 1h | 4.3475 | −0.291% | $1.8M | $3.1M | 10x | |
| Hyperliquid NEAR | +0.0590% | 1h | 4.3540 | −0.142% | $356.5M | $314.3M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0595% | 1h | 4.3540 | −0.142% | $1.3M | $6.7M | 20x | as long as short |
| Extended NEAR-USD | +0.0600% | 1h | 4.3503 | −0.227% | $3.8M | $20.0M | 25x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3540 | −0.142% | $214K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0708% | 1h | 4.3542 | −0.138% | $7.6M | $39.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0912% | 1h | 4.3576 | −0.060% | $1.5M | $7.4M | 10x | as long as short |
| Phoenix NEARlong | +0.0941% | 1h | 4.3602 | long leg | $1.8M | $2.8M | 10x | |
| Deribit NEAR_USDC-PERPETUAL | +0.1015% | 1h | 4.3544 | −0.133% | $1.9M | $9.5M | 25x | as long as short |
| Lighter NEAR | +0.1104% | 1h | 4.3583 | −0.043% | $17.6M | $25.1M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3530 | −0.165% | $687K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1576% | 1h | 4.3502 | −0.230% | $5K | $13K | 10x | as long as short |
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Pacifica NEAR
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
SoDEX NEAR-USD
01 Exchange NEARUSD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Extended NEAR-USD
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD