NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0880%/8h= −96.3% APRnext payment −$1.10 per $10,000 · paid last 24h −0.117%

Price spread now: dYdX against Arcus−0.285%7-day average −0.089% · 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−$146as in the Price arb table

costs, in and out, $10k−$1261.264% of the position

Long on Arcus Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.440%−$44 on $10k

Price spread, last 4 days (all we have)+0.155%+$15 · spread now −0.285%, 7d avg −0.089%

Together, before fees−0.285%−$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and dYdX is 0.196% cheaper against Arcus than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.089%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NEAR-USD	4.4470	0.0880	pay 0.0110% / 1h	58m 05s	$223K	$1.6M	10x
Short	dYdX NEAR-USD	4.4343	0	get 0.0000% / 1h	58m 05s	$109K	$68K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.285%Rate

Funding earned: −$184.76
Price spread: −0.285% → −0.089%: −$19.62
Slippage, 4 orders: −$111.91
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$330.79
Costs to cover: 1.264%
Break-even: never at this rate

Slippage from Arcus: live order book, 1 min ago; dYdX: live order book, 51 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, 1 min ago	3.38 bp	6.8 bp −$7	13.5 bp −$135	doesn't fit	doesn't fit
Sell dYdX live order book, 51 min ago	43.23 bp	65.8 bp −$66	147.0 bp −$1,470	161.2 bp −$16.1K	360.4 bp −$180.2K

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	4.4468	−0.004%	$2K	—	20x	as long as short
dYdX NEAR-USDshort	0.0000%	1h	4.4343	−0.285%	$109K	$68K	10x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4421	−0.110%	$168K	—	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	4.4470	0.000%	$113K	$501K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4427	−0.097%	$224.9M	$423.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4430	−0.090%	$62.6M	$296.7M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4419	−0.114%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4430	−0.090%	$34.1M	$59.1M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4470	0.000%	$53.6M	$46.0M	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	4.4426	−0.099%	$73.4M	$126.9M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4347	−0.277%	$9.0M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4424	−0.103%	$259K	$967K	20x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4440	−0.067%	$58K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4510	+0.090%	$1K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4560	+0.202%	$461K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4450	−0.045%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0103%	8h	4.4345	−0.281%	$32K	$608	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0119%	8h	4.4330	−0.315%	$1.5M	$1.5M	10x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.4466	−0.009%	$207K	$40K	3x	as long as short
BingX NEAR-USDC	+0.0144%	8h	4.4450	−0.045%	—	$6.6M	—	as long as short
MEXC NEAR_USDT	+0.0154%	8h	4.4430	−0.090%	$85.0M	$143.1M	200x	as long as short
Binance NEARUSDT	+0.0159%	8h	4.4470	0.000%	$269.7M	$1.09B	75x	as long as short
BloFin NEAR-USDT	+0.0274%	8h	4.4390	−0.180%	$13.3M	$32.8M	75x	as long as short
Kalshi KXNEARPERP	+0.0305%	8h	4.4361	−0.245%	$1.1M	$24.6M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0315% / S −0.0201%	1h	4.4439	−0.069%	$238K	—	100x	as long as short
Polymarket Perps NEAR-USD	+0.0326%	1h	4.4478	+0.018%	$277K	$4.0M	10x	as long as short
Aster NEARUSDT	+0.0344%	8h	4.4487	+0.038%	$2.9M	$5.1M	50x	as long as short
SoDEX NEAR-USD	+0.0353%	1h	4.4469	−0.002%	$5K	$52K	10x	as long as short
Nado NEAR-PERP	+0.0379%	1h	4.4450	−0.045%	$1.7M	$3.2M	10x	as long as short
ApeX Omni NEARUSDT	+0.0394%	1h	4.4450	−0.045%	$168K	$803K	50x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.4497	+0.061%	$2.3M	$16.4M	50x	as long as short
Extended NEAR-USD	+0.0432%	1h	4.4432	−0.085%	$3.7M	$19.1M	25x	as long as short
01 Exchange NEARUSD	+0.0504%	1h	4.4510	+0.090%	$13K	$7K	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0656%	1h	4.4447	−0.051%	$7.4M	$39.1M	50x	as long as short
Lighter NEAR	+0.0816%	1h	4.4531	+0.138%	$17.4M	$24.6M	15x	as long as short
Arcus NEAR-USDlong	+0.0880%	1h	4.4470	long leg	$223K	$1.6M	10x
Backpack NEAR_USDC_PERP	+0.0917%	1h	4.4466	−0.009%	$1.3M	$6.6M	20x	as long as short
Hyperliquid NEAR	+0.0930%	1h	4.4491	+0.047%	$366.2M	$312.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0966%	1h	4.4480	+0.022%	$1.9M	$12.2M	25x	as long as short
Lighter RH NEAR	+0.0976%	1h	4.4525	+0.124%	$1.5M	$6.6M	10x	as long as short
Phoenix NEAR	+0.1033%	1h	4.4593	+0.277%	$1.8M	$2.4M	10x	as long as short
Pacifica NEAR	+0.1187%	1h	4.4388	−0.185%	$408K	$1.4M	10x	as long as short
RISEx NEAR/USDC	+0.1259%	1h	4.4482	+0.027%	$692K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1268%	1h	4.4182	−0.648%	$6K	$12K	10x	as long as short