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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0538%/8h= +58.9% APRnext payment +$0.67 per $10,000 · paid last 24h +0.059%
Price spread now: Arcus against ApeX Omni−0.254%53s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.349%+$35 on $10k
Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.254%, 7d avg −0.002%
Together, before fees+0.577%+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.252% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.254% now, against its 7-day average of −0.002%). If the spread goes back, that is −$25 on $10k: about 37 hours of funding at the current rate (+$16 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.33300.0100pay 0.0013% / 1h37m 59s$165K$815K50x
ShortArcus NEAR-USD4.32200.0638get 0.0080% / 1h37m 59s$225K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against ApeX Omni. 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
$112.91
Price spread: −0.254% → −0.002%
−$25.17
Slippage, 4 orders
−$26.67
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$46.57
Costs to cover
0.412%
Break-even
4.1 days
Slippage from ApeX Omni: live order book, 66 min ago; Arcus: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 66 min ago6.68 bp16.2 bp −$1678.7 bp −$787doesn't fitdoesn't fit
Sell Arcus live order book, 6 min ago2.32 bp5.7 bp −$618.4 bp −$184doesn't fitdoesn't fit

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%1h4.3165−0.381%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3201−0.297%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3149−0.418%$162K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3089−0.557%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.431%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3180−0.346%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3139−0.441%$217.7M$430.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3140−0.438%$60.6M$291.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3160−0.393%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3097−0.538%$35.1M$62.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3110−0.508%$52.2M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3129−0.464%$71.4M$128.1M75xas long as short
Variational Omni NEAR+0.0100%8h4.3337+0.015%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3338+0.019%$251K$898K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3340+0.023%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.3330long leg$165K$815K50x
Polymarket Perps NEAR-USD+0.0100%1h4.3190−0.323%$282K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3170−0.369%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3230−0.231%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3125−0.473%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3120−0.485%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3228−0.236%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3114−0.498%$3.6M$17.3M25xas long as short
HTX NEAR-USDT+0.0119%8h4.3290−0.092%$462K$3.8M75xas long as short
Aevo NEAR-PERP+0.0128%1h4.3152−0.410%$201K$38K3xas long as short
Kalshi KXNEARPERP+0.0188%8h4.3194−0.314%$938K$25.2M2.2xas long as short
BingX NEAR-USDT+0.0198%8h4.3110−0.508%$145.0Mas long as short
MEXC NEAR_USDT+0.0199%8h4.3130−0.462%$83.1M$150.5M200xas long as short
Binance NEARUSDT+0.0199%8h4.3130−0.462%$261.9M$1.09B75xas long as short
Aster NEARUSDT+0.0202%8h4.3126−0.470%$2.7M$4.8M50xas long as short
Hyperliquid NEAR+0.0244%1h4.3136−0.448%$348.3M$315.0M10xas long as short
01 Exchange NEARUSD+0.0280%1h4.3200−0.300%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0203%1h4.3149−0.417%$232K100xas long as short
BloFin NEAR-USDT+0.0319%8h4.3200−0.300%$13.3M$31.8M75xas long as short
Backpack NEAR_USDC_PERP+0.0395%1h4.3140−0.438%$1.2M$7.0M20xas long as short
Nado NEAR-PERP+0.0470%1h4.3173−0.362%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3265−0.150%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0536%1h4.3160−0.392%$1.5M$6.6M10xas long as short
Arcus NEAR-USDshort+0.0638%1h4.3220−0.254%$225K$1.6M10x
Deribit NEAR_USDC-PERPETUAL+0.0654%1h4.3196−0.309%$1.9M$13.2M25xas long as short
Lighter NEAR+0.0760%1h4.3156−0.402%$17.0M$25.1M15xas long as short
Pacifica NEAR+0.0949%1h4.3227−0.239%$407K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3384+0.125%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3210−0.276%$605K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1251%1h4.3268−0.143%$5K$7K10xas long as short