NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.160%

Price spread now: gTrade (Gains Network) against Arcus−0.094%7-day average −0.077% · 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−$289as in the Price arb table

costs, in and out, $10k−$2882.876% of the position

Long on Arcus Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.411%−$41 on $10k

Price spread, last 3 days (all we have)+0.187%+$19 · spread now −0.094%, 7d avg −0.077%

Together, before fees−0.224%−$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NEAR-USD	4.3330	0.0100	pay 0.0013% / 1h	47m 58s	$205K	$1.7M	10x
Short	gTrade (Gains Network) NEAR/USD	4.3289	L +0.0004% / S −0.0004%	get 0.0001% / 1h	47m 58s	$201K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.094%Rate

Funding earned: −$20.12
Price spread: −0.094% → −0.077%: −$1.7
Slippage, 4 orders: −$273.12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$309.44
Costs to cover: 2.876%
Break-even: never at this rate

Slippage from Arcus: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 21 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	3.46 bp	8.0 bp −$8	14.6 bp −$146	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 21 min ago	130.01 bp	137.7 bp −$138	1007.8 bp −$10.1K	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
Reya NEARRUSDPERP	−0.0171%	1h	4.3228	−0.235%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3281	−0.113%	$2.2M	$13.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3291	−0.090%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3319	−0.025%	$487K	$19.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USDshort	L +0.0004% / S −0.0004%	1h	4.3289	−0.094%	$201K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.431%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0034%	8h	4.3248	−0.189%	$8.1M	$19.0M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3340	+0.023%	$116K	$476K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3323	−0.016%	$57K	$162K	20x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3320	−0.024%	$3.0M	$5.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.3308	−0.051%	$409K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3330	0.000%	$257.8M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3308	−0.051%	$220.2M	$418.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3310	−0.046%	$61.0M	$279.5M	50x	as long as short
Arcus NEAR-USDlong	+0.0100%	1h	4.3330	long leg	$205K	$1.7M	10x
Bulk NEAR-USD	+0.0100%	1h	4.3162	−0.387%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3324	−0.014%	$31.1M	$60.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3250	−0.185%	$76.5M	$137.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3240	−0.208%	$55.7M	$42.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3310	−0.046%	$71.7M	$123.3M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3330	0.000%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3139	−0.442%	$259K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3230	−0.231%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3230	−0.231%	$179K	$778K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3354	+0.055%	$206K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3390	+0.138%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3315	−0.035%	$5K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3380	+0.115%	$442K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3310	−0.046%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3289	−0.094%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3291	−0.089%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3333	+0.006%	$202K	$34K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0218%	1h	4.3321	−0.021%	$7.9M	$39.1M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3220	−0.254%	$13.2M	$27.6M	75x	as long as short
Nado NEAR-PERP	+0.0322%	1h	4.3271	−0.135%	$1.9M	$3.0M	10x	as long as short
01 Exchange NEARUSD	+0.0360%	1h	4.3382	+0.120%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0378% / S −0.0309%	1h	4.3283	−0.109%	$277K	—	100x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3381	+0.118%	$450K	$1.2M	10x	as long as short
Lighter RH NEAR	+0.0560%	1h	4.3387	+0.132%	$1.6M	$6.9M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3227	−0.238%	$1.8M	$2.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0651%	1h	4.3343	+0.030%	$1.9M	$4.1M	25x	as long as short
Hyperliquid NEAR	+0.0842%	1h	4.3405	+0.173%	$367.8M	$303.0M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0860%	1h	4.3370	+0.092%	$1.3M	$6.0M	20x	as long as short
Lighter NEAR	+0.1416%	1h	4.3421	+0.209%	$17.3M	$24.5M	15x	as long as short
Aftermath Perps NEARUSD	+0.1441%	1h	4.3164	−0.383%	$5K	$12K	10x	as long as short