Funding arb · Price arb / Crypto

NEAR

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LONGApeX Omni▾Kraken Futures −0.0337%Lighter RH −0.0224%Phemex −0.0132%N1 −0.0080%RISEx −0.0064%Orderly −0.0050%OKX −0.0038%Bybit −0.0029%Binance −0.0022%MEXC −0.0021%dYdX 0.0000%Kalshi 0.0000%Deribit 0.0000%gTrade (Gains Network) +0.0004%Gate +0.0005%Variational Omni +0.0031%Injective +0.0033%Paradex +0.0049%Polymarket Perps +0.0058%Aevo +0.0072%Lighter +0.0096%Popdex +0.0096%BloFin +0.0099%Nado +0.0100%Hyperliquid +0.0100%Aster +0.0100%Pacifica +0.0100%KuCoin +0.0100%Bitget +0.0100%BingX +0.0100%edgeX +0.0100%GRVT +0.0100%ApeX Omni +0.0100%SunX +0.0100%SoDEX +0.0100%HTX +0.0100%Arcus +0.0102%Extended +0.0104%Backpack +0.0177%Phoenix +0.0232%GMX +0.0260%Coinbase International +0.0264%Aftermath Perps +0.0483%

⇄⇅

SHORTBullet▾Aftermath Perps +0.0483%Coinbase International +0.0264%Phoenix +0.0232%GMX −0.0185%Backpack +0.0177%Extended +0.0104%Arcus +0.0102%Hyperliquid +0.0100%Aster +0.0100%Pacifica +0.0100%KuCoin +0.0100%Bitget +0.0100%BingX +0.0100%edgeX +0.0100%GRVT +0.0100%SunX +0.0100%SoDEX +0.0100%HTX +0.0100%Nado +0.0100%BloFin +0.0099%Popdex +0.0096%Lighter +0.0096%Aevo +0.0072%Polymarket Perps +0.0058%Paradex +0.0049%Injective +0.0033%Variational Omni +0.0031%Gate +0.0005%gTrade (Gains Network) −0.0002%dYdX 0.0000%Kalshi 0.0000%Deribit 0.0000%MEXC −0.0021%Binance −0.0022%Bybit −0.0029%OKX −0.0038%Orderly −0.0050%RISEx −0.0064%N1 −0.0080%Phemex −0.0132%Bullet −0.0186%Lighter RH −0.0224%Kraken Futures −0.0337%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ApeX OmniNEARUSDT	4.9710	+0.0100	pay 0.0013% / 1h	43m 15s	$105K	$930K	50x	Long ApeX Omni5% off
SHORT	BulletNEAR-USD	4.9640	−0.0186	pay 0.0023% / 1h	43m 15s	$66K	$160K	20x	Short Bullet

Price gap−0.141%

Funding gap−0.0286% /8h

Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.121% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 6 days it paid −0.147% in total, about −0.0082%/8h on average.

Funding history

SpreadBoth legsCumulative

24H3D7D14D30D90D

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Spread %Both prices

24H3D7D14D30D90D

Bullet price against ApeX Omninow

RANGE STATS · 7D

Now−0.141%

Average—

Range—

Wider than now—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

ApeX OmniBullet

NEAR on 44 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

• !
  Watch: Large against open interest14.1 / 6.0 bp

  $10k is over 10% of Bullet’s open interest.
• i
  Note: Margin at max leverage$200 + $500

  ApeX Omni 50x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long ApeX Omni · 1h−$3.00

  Short Bullet · 1h−$5.58

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$8.58Long ApeX Omni: 24 payments, −$3.00; short Bullet: 24 payments, −$5.58.
• !
  Watch: Gap narrower than usual−0.141% vs −0.020%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Short leg is thinner$66K vs $105K OI

  Bullet sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• ✓
  OK: No KYC on either legApeX Omni No · Bullet No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0082%/8h × 21 periods−$17.31

Price spread−0.141% → −0.020% (7d avg)−$12.06

Slippage, 4 orderslive order books−$25.44

Fee ApeX Omni bp × 2 orders−$10.00

Fee Bullet bp × 2 orders−$8.00

Net · 7 days · $10k−$72.81

Costs to cover0.434%Break-evennever at this rate

Slippage: ApeX Omni: live order book, 51 min ago; Bullet: live order book, 51 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGApeX Omni6.0714.1 bp−$1469.1 bp−$691doesn’t fitdoesn’t fit

SELL · SHORTBullet1.526.0 bp−$69.3 bp−$93doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

NEAR news

posts that mention NEAR, from every exchangeSearch all news →

09-30 02:45	MEXC	Other	Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗
09-30 01:05	Reya	Listing	NEARRUSDPERP no longer reported ($NEAR) seen by our collector
09-29 11:00	Bulk	Listing	NEAR-USD no longer reported ($NEAR) seen by our collector
09-28 18:50	Aevo	Other	bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-28 14:46	RISEx	Other	This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗
09-28 03:00	MEXC	Other	NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗