NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.13 per $10,000 · paid last 24h +0.040%

Price spread now: Deribit against Aevo+0.110%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$790.786% of the position

Long on Aevo Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.301%+$30 on $10k

Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.110%, 7d avg +0.062%

Together, before fees+0.233%+$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.047% dearer against Aevo than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NEAR-PERP	4.1204	0.0104	pay 0.0013% / 1h	20m 15s	$200K	$65K	3x
Short	Deribit NEAR_USDC-PERPETUAL	4.1249	0.0211	get 0.0026% / 1h	20m 15s	$1.8M	$2.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.110%Rate

Funding earned: $22.47
Price spread: +0.110% → +0.062%: $4.75
Slippage, 4 orders: −$55.58
Fee Aevo: 8 bp × 2 orders: −$16
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$51.36
Costs to cover: 0.786%
Break-even: 23.0 days

Slippage from Aevo: live order book, 4 min ago; Deribit: live order book, 4 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, 4 min ago	19.39 bp	32.1 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell Deribit live order book, 4 min ago	4.72 bp	8.4 bp −$8	13.6 bp −$136	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	4.1192	−0.030%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0024%	1h	4.1220	+0.039%	$2.1M	$12.6M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.1169	−0.085%	$103K	$54K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.1185	−0.046%	$410K	$19.0M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1212	+0.021%	$204K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	+0.500%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.1160	−0.106%	$108K	$489K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.1216	+0.029%	$53K	$159K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1154	−0.121%	$30K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.1201	−0.006%	$2.9M	$5.9M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.1160	−0.107%	$364K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.1230	+0.063%	$234.9M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.1220	+0.039%	$209.7M	$428.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1240	+0.088%	$56.3M	$275.4M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1200	−0.009%	$235K	$6K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.1195	−0.022%	$29.3M	$58.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.1190	−0.034%	$80.7M	$144.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.1170	−0.082%	$55.6M	$45.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1207	+0.008%	$68.5M	$127.2M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.1190	−0.034%	—	$136.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.1083	−0.294%	$7.7M	$18.5M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1292	+0.214%	$235K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1258	+0.132%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1290	+0.209%	$181K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1226	+0.054%	$205K	$3.1M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.1250	+0.112%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.1215	+0.027%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1230	+0.063%	$3.8M	$8.3M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1195	−0.020%	$3.7M	$14.6M	25x	as long as short
Aevo NEAR-PERPlong	+0.0104%	1h	4.1204	long leg	$200K	$65K	3x
Arcus NEAR-USD	+0.0118%	1h	4.1180	−0.058%	$305K	$1.6M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0150%	1h	4.1236	+0.077%	$7.0M	$36.5M	50x	as long as short
01 Exchange NEARUSD	+0.0200%	1h	4.1168	−0.087%	$12K	$7K	10x	as long as short
Deribit NEAR_USDC-PERPETUALshort	+0.0211%	1h	4.1249	+0.110%	$1.8M	$2.1M	25x
BloFin NEAR-USDT	+0.0220%	8h	4.1120	−0.204%	$12.3M	$33.5M	75x	as long as short
Lighter RH NEAR	+0.0288%	1h	4.1280	+0.185%	$1.4M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0363%	1h	4.1170	−0.082%	$1.8M	$3.6M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0372% / S −0.0317%	1h	4.1209	+0.013%	$271K	—	100x	as long as short
RISEx NEAR/USDC	+0.0569%	1h	4.1184	−0.048%	$411K	$1.2M	10x	as long as short
Phoenix NEAR	+0.0582%	1h	4.1304	+0.243%	$1.7M	$2.8M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0766%	1h	4.1216	+0.029%	$1.4M	$5.7M	20x	as long as short
Lighter NEAR	+0.0816%	1h	4.1290	+0.209%	$15.2M	$23.0M	15x	as long as short
Hyperliquid NEAR	+0.0954%	1h	4.1258	+0.131%	$346.3M	$299.6M	10x	as long as short
Aftermath Perps NEARUSD	+0.0994%	1h	4.1317	+0.274%	$5K	$11K	10x	as long as short
HTX NEAR-USDT	+0.1096%	8h	4.1300	+0.233%	$444K	$3.7M	75x	as long as short