NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0518%/8h= +56.7% APRnext payment +$0.65 per $10,000 · paid last 24h +0.101%

Price spread now: Kraken Futures against ApeX Omni+0.963%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs+$37as in the Price arb table

costs, in and out, $10k−$630.630% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.180%+$18 on $10k

Price spread, last 4 days (all we have)−1.172%−$117 · spread now +0.963%, 7d avg −0.038%

Together, before fees−0.993%−$99 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Kraken Futures is 1.001% dearer against ApeX Omni than usual: you sell high and buy low: +$100 more if the spread goes back to its 7-day average of −0.038%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.180% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni NEARUSDT	4.4470	0.0132	pay 0.0016% / 1h	48m 35s	$168K	$803K	50x
Short	Kraken Futures PF_NEARUSD	4.4898	0.0650	get 0.0081% / 1h	48m 35s	$7.4M	$38.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.963%Rate

Funding earned: $108.76
Price spread: +0.963% → −0.038%: $100.12
Slippage, 4 orders: −$43
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $145.88
Costs to cover: 0.630%
Break-even: from the start

Slippage from ApeX Omni: live order book, 60 min ago; Kraken Futures: live order book, 6 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 ApeX Omni live order book, 60 min ago	8.16 bp	18.0 bp −$18	120.5 bp −$1,205	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 6 min ago	5.97 bp	13.9 bp −$14	24.1 bp −$241	58.4 bp −$5,838	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	4.4849	+0.852%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4787	+0.714%	$110K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4919	+1.011%	$169K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.881%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4870	+0.899%	$110K	$494K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4770	+0.675%	$230.2M	$428.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4780	+0.697%	$63.2M	$299.3M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4366	−0.234%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4787	+0.713%	$34.9M	$59.9M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4860	+0.877%	$53.9M	$45.8M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.4791	+0.722%	$74.1M	$126.2M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4568	+0.220%	$8.9M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4503	+0.075%	$260K	$964K	20x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4871	+0.902%	$282K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4949	+1.077%	$59K	$233K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4980	+1.147%	$1K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4990	+1.169%	$470K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4910	+0.989%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0107%	8h	4.4829	+0.806%	$32K	$585	10x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.4925	+1.023%	$209K	$40K	3x	as long as short
GRVT NEAR_USDT_Perp	+0.0122%	8h	4.4641	+0.385%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDTlong	+0.0132%	1h	4.4470	long leg	$168K	$803K	50x
BingX NEAR-USDT	+0.0165%	8h	4.4830	+0.810%	—	$143.8M	—	as long as short
MEXC NEAR_USDT	+0.0175%	8h	4.4780	+0.697%	$86.2M	$144.8M	200x	as long as short
Binance NEARUSDT	+0.0181%	8h	4.4822	+0.792%	$272.1M	$1.09B	75x	as long as short
BloFin NEAR-USDT	+0.0296%	8h	4.4950	+1.079%	$13.7M	$33.2M	75x	as long as short
Kalshi KXNEARPERP	+0.0302%	8h	4.4837	+0.825%	$1.1M	$24.9M	2.2x	as long as short
SoDEX NEAR-USD	+0.0310%	1h	4.4945	+1.068%	$5K	$52K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0316% / S −0.0201%	1h	4.4901	+0.968%	$240K	—	100x	as long as short
Aster NEARUSDT	+0.0344%	8h	4.4822	+0.792%	$2.9M	$5.0M	50x	as long as short
Extended NEAR-USD	+0.0368%	1h	4.4783	+0.704%	$3.7M	$19.0M	25x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.4934	+1.043%	$2.3M	$16.5M	50x	as long as short
Nado NEAR-PERP	+0.0533%	1h	4.4465	−0.011%	$1.7M	$3.2M	10x	as long as short
01 Exchange NEARUSD	+0.0536%	1h	4.4932	+1.039%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0626%	1h	4.4987	+1.163%	$1.4M	$6.5M	20x	as long as short
Kraken Futures PF_NEARUSDshort	+0.0650%	1h	4.4898	+0.963%	$7.4M	$38.7M	50x
Hyperliquid NEAR	+0.0728%	1h	4.4867	+0.893%	$369.3M	$307.7M	10x	as long as short
Arcus NEAR-USD	+0.0880%	1h	4.4890	+0.944%	$228K	$1.6M	10x	as long as short
Lighter NEAR	+0.0968%	1h	4.4897	+0.959%	$17.6M	$24.7M	15x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0997%	1h	4.4952	+1.084%	$2.0M	$12.3M	25x	as long as short
Phoenix NEAR	+0.1003%	1h	4.5001	+1.194%	$1.9M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1056%	1h	4.4886	+0.935%	$1.5M	$6.6M	10x	as long as short
Aftermath Perps NEARUSD	+0.1180%	1h	4.4504	+0.077%	$6K	$12K	10x	as long as short
Pacifica NEAR	+0.1187%	1h	4.4830	+0.809%	$413K	$1.4M	10x	as long as short
RISEx NEAR/USDC	+0.1259%	1h	4.4862	+0.881%	$682K	$1.4M	10x	as long as short