NEAR

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BackpackNEAR_USDC_PERP	4.9335	+0.0217	pay 0.0027% / 1h	51m 56s	$1.3M	$2.6M	20x	Long Backpack
SHORT	BulletNEAR-USD	4.9343	−0.0169	pay 0.0021% / 1h	51m 56s	$64K	$159K	20x	Short Bullet

Price gap+0.017%

Funding gap−0.0386% /8h

The gap pays +$12 on $10k if it goes back to its 7d average, but funding costs $12 a day and eats that in about 24 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$75−0.0386% /8h now · paid −0.749% over the last 6 days (all we have)

Price+$12spread +0.017% now, avg −0.099% → +0.116% if it goes back

Costs−$260.265% of $10k · taker + slippage, in and out

Result−$90−0.90%no pointsWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Bullet price against Backpacknow

RANGE STATS · 7D

Now+0.017%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NEAR on 44 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Large against open interest6.8 / 6.0 bp
$10k is over 10% of Bullet’s open interest.
Note: Margin at max leverage$500 + $500
Backpack 20x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$11.57Long Backpack: 24 payments, −$6.50; short Bullet: 24 payments, −$5.07.
OK: Entry gap works for you+0.017% vs −0.099%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$64K vs $1.3M OI
Bullet sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBackpack Yes · Bullet No
KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0422%/8h × 21 periods−$88.53

Price spread+0.017% → −0.099% (7d avg)+$11.64

Slippage, 4 orderslive order books−$8.45

Fee Backpack bp × 2 orders−$10.00

Fee Bullet bp × 2 orders−$8.00

Net · 7 days · $10k−$103.34

Costs to cover0.265%Break-evennever at this rate

Slippage: Backpack: live order book, 2 min ago; Bullet: live order book, 42 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBackpack1.026.8 bp−$714.9 bp−$149doesn’t fitdoesn’t fit

SELL · SHORTBullet1.526.0 bp−$69.3 bp−$93doesn’t fitdoesn’t fit

Closing costs about the same again.

NEAR news

posts that mention NEAR, from every exchangeSearch all news →

09-30 02:45	MEXC	Other	Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗
09-30 01:05	Reya	Listing	NEARRUSDPERP no longer reported ($NEAR) seen by our collector
09-29 11:00	Bulk	Listing	NEAR-USD no longer reported ($NEAR) seen by our collector
09-28 18:50	Aevo	Other	bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-28 14:46	RISEx	Other	This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗
09-28 03:00	MEXC	Other	NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗