NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0388%/8h= +42.5% APRnext payment +$0.48 per $10,000 · paid last 24h −0.089%

Price spread now: Coinbase International against Arcus−0.151%7-day average −0.091% · 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−$44as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on Arcus Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.516%−$52 on $10k

Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.151%, 7d avg −0.091%

Together, before fees−0.285%−$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.060% cheaper against Arcus than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of −0.091%). If the spread goes back, that is −$6 on $10k: about 12 hours of funding at the current rate (+$12 a day). Mind the row above: over the last 4 days funding on this pair cost −0.516%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NEAR-USD	4.3700	0.0100	pay 0.0013% / 1h	53m 46s	$229K	$1.5M	10x
Short	Coinbase International NEAR-PERP-INTX	4.3634	0.0488	get 0.0061% / 1h	53m 46s	$2.3M	$17.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.151%Rate

Funding earned: $81.48
Price spread: −0.151% → −0.091%: −$6
Slippage, 4 orders: −$23.35
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $37.63
Costs to cover: 0.379%
Break-even: 3.8 days

Slippage from Arcus: live order book, just now; Coinbase International: live order book, 5 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, just now	3.44 bp	6.8 bp −$7	16.1 bp −$161	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	6.63 bp	13.7 bp −$14	19.6 bp −$196	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
Phemex NEARUSDT	−0.0628%	8h	4.3620	−0.183%	$3.5M	$8.2M	50x	as long as short
Kraken Futures PF_NEARUSD	−0.0433%	1h	4.3628	−0.165%	$7.2M	$38.6M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3638	−0.142%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3728	+0.064%	$108K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3618	−0.187%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.240%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3700	0.000%	$115K	$500K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3652	−0.109%	$2.7M	$4.8M	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3650	−0.114%	$220.2M	$429.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3630	−0.160%	$61.6M	$296.4M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NEAR-USDlong	+0.0100%	1h	4.3700	long leg	$229K	$1.5M	10x
Bulk NEAR-USD	+0.0100%	1h	4.3688	−0.028%	$252K	$3K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3638	−0.142%	$36.1M	$61.6M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3650	−0.114%	$52.9M	$45.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3632	−0.156%	$72.1M	$127.6M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3578	−0.280%	$8.9M	$18.5M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3672	−0.064%	$253K	$892K	20x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3710	+0.023%	$167K	$815K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3666	−0.078%	$272K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3646	−0.124%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3720	+0.046%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3640	−0.137%	$5K	$50K	10x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3690	−0.023%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3592	−0.248%	$3.6M	$16.2M	25x	as long as short
Aevo NEAR-PERP	+0.0112%	1h	4.3644	−0.129%	$203K	$40K	3x	as long as short
MEXC NEAR_USDT	+0.0132%	8h	4.3640	−0.137%	$90.2M	$152.8M	200x	as long as short
Binance NEARUSDT	+0.0133%	8h	4.3666	−0.078%	$263.5M	$1.09B	75x	as long as short
BingX NEAR-USDC	+0.0144%	8h	4.3670	−0.069%	—	$6.7M	—	as long as short
Kalshi KXNEARPERP	+0.0159%	8h	4.3703	+0.007%	$911K	$25.1M	2.2x	as long as short
Hyperliquid NEAR	+0.0226%	1h	4.3692	−0.018%	$352.2M	$316.4M	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0250%	8h	4.3771	+0.163%	$1.4M	$1.6M	10x	as long as short
BloFin NEAR-USDT	+0.0253%	8h	4.3670	−0.069%	$13.4M	$32.2M	75x	as long as short
01 Exchange NEARUSD	+0.0312%	1h	4.3709	+0.021%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0329%	1h	4.3645	−0.125%	$1.7M	$3.2M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0345% / S −0.0246%	1h	4.3651	−0.112%	$255K	—	100x	as long as short
Lighter RH NEAR	+0.0376%	1h	4.3674	−0.059%	$1.5M	$6.4M	10x	as long as short
HTX NEAR-USDT	+0.0436%	8h	4.3770	+0.160%	$463K	$3.8M	75x	as long as short
Coinbase International NEAR-PERP-INTXshort	+0.0488%	1h	4.3634	−0.151%	$2.3M	$17.0M	50x
Backpack NEAR_USDC_PERP	+0.0570%	1h	4.3648	−0.119%	$1.1M	$7.2M	20x	as long as short
RISEx NEAR/USDC	+0.0656%	1h	4.3691	−0.021%	$594K	$1.5M	10x	as long as short
Lighter NEAR	+0.0680%	1h	4.3693	−0.016%	$17.2M	$23.8M	15x	as long as short
Pacifica NEAR	+0.0701%	1h	4.3728	+0.065%	$412K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0759%	1h	4.3667	−0.076%	$1.9M	$13.1M	25x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3754	+0.124%	$1.8M	$2.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1098%	1h	4.3686	−0.031%	$5K	$7K	10x	as long as short