NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Bulk against Aevo−0.317%7-day average −0.007% · 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−$106as in the Price arb table

costs, in and out, $10k−$750.753% of the position

Long on Aevo Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.002%$0 · spread now −0.317%, 7d avg −0.007%

Together, before fees−0.002%$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.310% cheaper against Aevo than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NEAR-PERP	4.4190	0.0104	pay 0.0013% / 1h	24m 44s	$206K	$34K	3x
Short	Bulk NEAR-USD	4.4050	0.0100	get 0.0013% / 1h	24m 44s	$251K	−$0	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against Aevo. 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 AevobpFee BulkbpOrdersPrice spread, now −0.317%Rate

Funding earned: −$0.84
Price spread: −0.317% → −0.007%: −$30.96
Slippage, 4 orders: −$52.33
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$107.12
Costs to cover: 0.753%
Break-even: never at this rate

Slippage from Aevo: live order book, 44 min ago; Bulk: live order book, 44 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 Aevo live order book, 44 min ago	10.43 bp	24.0 bp −$24	91.7 bp −$917	doesn't fit	doesn't fit
Sell Bulk live order book, 44 min ago	11.59 bp	15.1 bp −$15	15.1 bp −$151	25.1 bp −$2,507	44.6 bp −$22.3K

NEAR on 44 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	4.4130	−0.136%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.4139	−0.115%	$2.3M	$14.2M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4207	+0.039%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4126	−0.145%	$622K	$19.4M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.4169	−0.048%	$200K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.291%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0072%	8h	4.3998	−0.435%	$8.6M	$18.6M	—	as long as short
Phemex NEARUSDT	+0.0076%	8h	4.4170	−0.045%	$3.9M	$8.2M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4190	0.000%	$113K	$482K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4222	+0.073%	$418K	$1.2M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.4248	+0.131%	$267.0M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4031	−0.360%	$223.6M	$419.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4040	−0.339%	$62.9M	$287.8M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.4180	−0.023%	$209K	$1.8M	10x	as long as short
Bulk NEAR-USDshort	+0.0100%	1h	4.4050	−0.317%	$251K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.4232	+0.095%	$32.0M	$61.7M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4050	−0.317%	$76.5M	$140.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4230	+0.091%	$56.5M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4201	+0.025%	$73.3M	$124.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4250	+0.136%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4063	−0.287%	$272K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4048	−0.322%	$1.5M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3860	−0.747%	$182K	$767K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4189	−0.002%	$218K	$3.5M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4180	−0.023%	$61K	$189K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4240	+0.113%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4175	−0.034%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4270	+0.181%	$459K	$3.9M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4110	−0.182%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4228	+0.086%	$3.8M	$18.4M	25x	as long as short
Aevo NEAR-PERPlong	+0.0104%	1h	4.4190	long leg	$206K	$34K	3x
Aster NEARUSDT	+0.0162%	8h	4.4240	+0.113%	$3.1M	$5.7M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0214%	1h	4.4220	+0.068%	$8.1M	$40.4M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0356% / S −0.0267%	1h	4.4167	−0.051%	$259K	—	100x	as long as short
Nado NEAR-PERP	+0.0397%	1h	4.4161	−0.067%	$1.9M	$3.1M	10x	as long as short
01 Exchange NEARUSD	+0.0408%	1h	4.4221	+0.070%	$13K	$7K	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.4217	+0.061%	$561K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.4147	−0.097%	$1.8M	$2.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0633%	1h	4.4227	+0.084%	$1.9M	$4.2M	25x	as long as short
Lighter RH NEAR	+0.0832%	1h	4.4288	+0.222%	$1.6M	$7.0M	10x	as long as short
Hyperliquid NEAR	+0.0869%	1h	4.4288	+0.222%	$374.8M	$305.8M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0923%	1h	4.4244	+0.122%	$1.4M	$6.0M	20x	as long as short
Aftermath Perps NEARUSD	+0.1488%	1h	4.3970	−0.497%	$6K	$12K	10x	as long as short
Lighter NEAR	+0.1672%	1h	4.4333	+0.322%	$17.7M	$25.2M	15x	as long as short