NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0515%/8h= +56.4% APRnext payment +$0.64 per $10,000 · paid last 24h +0.015%

Price spread now: RISEx against Arcus+0.322%59s7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$220.216% of the position

Long on Arcus Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.071%+$7 on $10k

Price spread, last 7 days−0.255%−$26 · spread now +0.322%, 7d avg +0.002%

Together, before fees−0.184%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and RISEx is 0.321% dearer against Arcus than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.002%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.071% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.64 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	Arcus NEAR-USD	4.4560	0.0410	pay 0.0051% / 1h	5m 40s	$215K	$1.8M	10x
Short	RISEx NEAR/USDC	4.4704	0.0924	get 0.0116% / 1h	5m 40s	$571K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.322%Rate

Funding earned: $108.11
Price spread: +0.322% → +0.002%: $32.06
Slippage, 4 orders: −$11.05
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee RISEx: 3 bp × 2 orders: −$6
Net: $118.62
Costs to cover: 0.216%
Break-even: from the start

Slippage from Arcus: live order book, 3 min ago; RISEx: live order book, 3 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, 3 min ago	3.31 bp	5.6 bp −$6	9.8 bp −$98	doesn't fit	doesn't fit
Sell RISEx live order book, 3 min ago	1.67 bp	4.7 bp −$5	13.6 bp −$136	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	4.4497	−0.141%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.4511	−0.110%	$2.2M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4480	−0.180%	$110K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4675	+0.258%	$561K	$21.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4504	−0.125%	$167K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.069%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4620	+0.135%	$112K	$513K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4503	−0.128%	$425K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4508	−0.117%	$273.1M	$1.12B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4432	−0.287%	$223.3M	$429.3M	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	4.4430	−0.292%	$63.7M	$304.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.5467	+2.034%	$259K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4494	−0.148%	$32.3M	$65.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4490	−0.157%	$76.7M	$149.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4490	−0.157%	$55.0M	$45.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4460	−0.224%	$73.4M	$130.9M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4530	−0.067%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4486	−0.165%	$8.6M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.5326	+1.719%	$272K	$976K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.5311	+1.685%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.5320	+1.706%	$174K	$797K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4627	+0.150%	$247K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4441	−0.267%	$57K	$237K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4530	−0.067%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4502	−0.130%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4550	−0.022%	$460K	$4.1M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4540	−0.045%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.4433	−0.284%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4465	−0.213%	$207K	$40K	3x	as long as short
Extended NEAR-USD	+0.0192%	1h	4.4424	−0.305%	$4.1M	$19.4M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4890	+0.741%	$14.2M	$33.7M	75x	as long as short
Aster NEARUSDT	+0.0284%	8h	4.4470	−0.202%	$3.1M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0353% / S −0.0238%	1h	4.4537	−0.051%	$265K	—	100x	as long as short
01 Exchange NEARUSD	+0.0384%	1h	4.4703	+0.321%	$13K	$7K	10x	as long as short
Arcus NEAR-USDlong	+0.0410%	1h	4.4560	long leg	$215K	$1.8M	10x
Nado NEAR-PERP	+0.0467%	1h	4.4521	−0.087%	$1.9M	$3.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0540%	1h	4.4633	+0.164%	$1.4M	$6.8M	20x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0583%	1h	4.4449	−0.249%	$1.9M	$4.5M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0691%	1h	4.4572	+0.027%	$8.3M	$41.3M	50x	as long as short
Lighter RH NEAR	+0.0696%	1h	4.4507	−0.119%	$1.6M	$7.2M	10x	as long as short
Hyperliquid NEAR	+0.0776%	1h	4.4529	−0.070%	$370.5M	$325.3M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.5453	+2.004%	$1.9M	$2.7M	10x	as long as short
RISEx NEAR/USDCshort	+0.0924%	1h	4.4704	+0.322%	$571K	$1.4M	10x
Lighter NEAR	+0.1120%	1h	4.4535	−0.055%	$17.9M	$27.1M	15x	as long as short
Aftermath Perps NEARUSD	+0.1638%	1h	4.5215	+1.470%	$6K	$12K	10x	as long as short