NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.068%

Price spread now: Aevo against Arcus−0.102%7-day average −0.058% · 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−$67as in the Price arb table

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

Long on Arcus Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.355%−$36 on $10k

Price spread, last 4 days (all we have)+1.161%+$116 · spread now −0.102%, 7d avg −0.058%

Together, before fees+0.806%+$81 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: Aevo is 0.044% cheaper against Arcus than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NEAR-USD	4.5020	0.0100	pay 0.0013% / 1h	8m 57s	$235K	$1.4M	10x
Short	Aevo NEAR-PERP	4.4974	0.0104	get 0.0013% / 1h	8m 57s	$209K	$38K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Arcus. 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 ArcusbpFee AevobpOrdersPrice spread, now −0.102%Rate

Funding earned: $0.84
Price spread: −0.102% → −0.058%: −$4.44
Slippage, 4 orders: −$42.48
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$66.58
Costs to cover: 0.630%
Break-even: 561.9 days

Slippage from Arcus: live order book, 5 min ago; Aevo: live order book, 25 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 Arcus live order book, 5 min ago	3.34 bp	5.6 bp −$6	9.5 bp −$95	doesn't fit	doesn't fit
Sell Aevo live order book, 25 min ago	10.34 bp	26.2 bp −$26	doesn't fit	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
Kraken Futures PF_NEARUSD	−0.0420%	1h	4.4970	−0.112%	$7.4M	$38.5M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.4918	−0.227%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4914	−0.235%	$109K	$53K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4898	−0.270%	$168K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−8.019%	$578	$301K	12x	as long as short
Phemex NEARUSDT	+0.0065%	8h	4.4940	−0.178%	$3.6M	$7.7M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.5000	−0.044%	$117K	$510K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.5020	0.000%	$2.7M	$4.6M	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.5055	+0.077%	$272.3M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.5047	+0.060%	$229.7M	$427.4M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.5030	+0.022%	$63.3M	$305.4M	50x	as long as short
Arcus NEAR-USDlong	+0.0100%	1h	4.5020	long leg	$235K	$1.4M	10x
Gate NEAR_USDT	+0.0100%	8h	4.4995	−0.056%	$38.4M	$63.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.5020	0.000%	$88.9M	$164.0M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.5000	−0.044%	$53.3M	$45.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4984	−0.080%	$74.3M	$127.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.5020	0.000%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4878	−0.316%	$9.4M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4886	−0.298%	$265K	$898K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4899	−0.268%	$1.5M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4750	−0.600%	$168K	$826K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4945	−0.167%	$280K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4893	−0.282%	$57K	$239K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.5060	+0.089%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4975	−0.100%	$5K	$49K	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4787	−0.517%	$258K	$3K	10x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4970	−0.110%	$32K	$413	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4983	−0.081%	$3.8M	$15.1M	25x	as long as short
Aevo NEAR-PERPshort	+0.0104%	1h	4.4974	−0.102%	$209K	$38K	3x
Kalshi KXNEARPERP	+0.0132%	8h	4.4956	−0.142%	$919K	$25.4M	2.2x	as long as short
Nado NEAR-PERP	+0.0218%	1h	4.4930	−0.200%	$1.7M	$3.2M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4930	−0.200%	$12.7M	$33.1M	75x	as long as short
01 Exchange NEARUSD	+0.0352%	1h	4.5047	+0.060%	$13K	$6K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0361% / S −0.0262%	1h	4.4903	−0.259%	$264K	—	100x	as long as short
Hyperliquid NEAR	+0.0424%	1h	4.4985	−0.079%	$365.9M	$316.8M	10x	as long as short
HTX NEAR-USDT	+0.0451%	8h	4.5010	−0.022%	$474K	$3.7M	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.5031	+0.024%	$2.3M	$17.7M	50x	as long as short
Lighter NEAR	+0.0504%	1h	4.5030	+0.023%	$17.7M	$24.1M	15x	as long as short
Lighter RH NEAR	+0.0560%	1h	4.5019	−0.002%	$1.6M	$6.5M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0608%	1h	4.4981	−0.087%	$1.1M	$7.1M	20x	as long as short
RISEx NEAR/USDC	+0.0656%	1h	4.4909	−0.246%	$618K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0701%	1h	4.4935	−0.189%	$423K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0740%	1h	4.4971	−0.109%	$1.9M	$2.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1150%	1h	4.4757	−0.585%	$6K	$7K	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1264%	1h	4.4986	−0.076%	$1.9M	$13.1M	25x	as long as short