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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0266%/8h= +29.1% APRnext payment +$0.33 per $10,000 · paid last 24h +0.084%
Price spread now: Nado against SoDEX+0.087%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Nado is 0.087% dearer against SoDEX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.35570.0100pay 0.0013% / 1h5m 42s$5K$50K10x
ShortNado NEAR-PERP4.35950.0366get 0.0046% / 1h5m 42s$1.7M$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against SoDEX. 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
$55.8
Price spread: +0.087% → 0.000%
$8.72
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$49.53
Costs to cover
0.150%
Break-even
0.8 days
Slippage unknown: SoDEX: no order-book sample; Nado: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Nado live order book, 3 min ago0.91 bp7.5 bp −$817.5 bp −$175doesn't fitdoesn't fit
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3559+0.005%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3527−0.070%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3561+0.009%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3476−0.185%$7.2M$38.6M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.929%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3570+0.030%$114K$499K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3530−0.062%$219.5M$429.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3570+0.030%$61.4M$295.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3750+0.443%$249K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3566+0.021%$35.8M$63.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3560+0.007%$52.8M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3577+0.046%$72.1M$128.0M75xas long as short
Variational Omni NEAR+0.0100%8h4.3549−0.018%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3722+0.380%$253K$896K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3514−0.099%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3440−0.269%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3604+0.108%$275K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3564+0.016%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3630+0.168%$2K$1.3M20xas long as short
SoDEX NEAR-USDlong+0.0100%1h4.3557long leg$5K$50K10x
Phemex NEARUSDT+0.0100%8h4.3500−0.131%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3537−0.047%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3555−0.004%$3.6M$16.5M25xas long as short
Aster NEARUSDT+0.0111%8h4.3540−0.039%$2.7M$4.8M50xas long as short
Aevo NEAR-PERP+0.0120%1h4.3564+0.017%$203K$38K3xas long as short
Hyperliquid NEAR+0.0139%1h4.3574+0.039%$351.2M$316.0M10xas long as short
Binance NEARUSDT+0.0146%8h4.3562+0.011%$263.2M$1.09B75xas long as short
MEXC NEAR_USDT+0.0149%8h4.3600+0.099%$89.1M$154.6M200xas long as short
HTX NEAR-USDT+0.0156%8h4.3640+0.191%$464K$3.8M75xas long as short
BingX NEAR-USDT+0.0162%8h4.3580+0.053%$144.3Mas long as short
Kalshi KXNEARPERP+0.0172%8h4.3535−0.051%$964K$25.1M2.2xas long as short
01 Exchange NEARUSD+0.0232%1h4.3610+0.122%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0272%8h4.3690+0.305%$13.4M$32.2M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0241%1h4.3492−0.149%$253K100xas long as short
Nado NEAR-PERPshort+0.0366%1h4.3595+0.087%$1.7M$3.2M10x
Backpack NEAR_USDC_PERP+0.0466%1h4.3511−0.106%$1.1M$7.2M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3572+0.034%$2.3M$17.0M50xas long as short
Lighter RH NEAR+0.0496%1h4.3594+0.085%$1.5M$6.8M10xas long as short
Lighter NEAR+0.0536%1h4.3581+0.056%$17.2M$25.4M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3610+0.122%$228K$1.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0646%1h4.3580+0.053%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.0949%1h4.3556−0.002%$411K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3865+0.707%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3597+0.091%$604K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1125%1h4.3631+0.171%$5K$7K10xas long as short