NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0352%/8h= −38.5% APRnext payment −$0.44 per $10,000 · paid last 24h −0.213%

Price spread now: SoDEX against Backpack+0.028%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. SoDEX is 0.028% dearer against Backpack than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack NEAR_USDC_PERP	4.2863	0.0452	pay 0.0057% / 1h	48m 08s	$1.3M	$5.6M	20x
Short	SoDEX NEAR-USD	4.2875	0.0100	get 0.0013% / 1h	48m 08s	$5K	$46K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Backpack. 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 BackpackbpFee SoDEXbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$73.93
Price spread: +0.028% → 0.000%: $2.8
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$89.13
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 1 min ago; SoDEX: no order-book sample. Net counts fees only.

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 Backpack live order book, 1 min ago	0.12 bp	5.1 bp −$5	16.5 bp −$165	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	4.2817	−0.107%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0072%	1h	4.2964	+0.236%	$2.2M	$13.1M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2801	−0.144%	$111K	$59K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2877	+0.033%	$392K	$18.4M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2852	−0.025%	$204K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.390%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2810	−0.124%	$109K	$496K	50x	as long as short
Bybit NEARUSDT	+0.0099%	8h	4.2791	−0.168%	$219.9M	$421.5M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2816	−0.110%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2872	+0.020%	$3.0M	$5.6M	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	4.2839	−0.056%	$403K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2841	−0.051%	$253.7M	$1.07B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2800	−0.147%	$61.1M	$285.7M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2810	−0.124%	$197K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3000	+0.320%	$245K	$2K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2816	−0.110%	$30.2M	$58.8M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2820	−0.100%	$79.2M	$140.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2850	−0.030%	$56.2M	$43.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2812	−0.119%	$71.2M	$126.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2840	−0.054%	—	$138.3M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3020	+0.365%	$8.0M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3021	+0.369%	$269K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2980	+0.273%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2990	+0.296%	$180K	$788K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2862	−0.002%	$219K	$3.3M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2866	+0.007%	$57K	$194K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2940	+0.180%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USDshort	+0.0100%	1h	4.2875	+0.028%	$5K	$46K	10x
Phemex NEARUSDT	+0.0100%	8h	4.2830	−0.077%	$3.9M	$8.2M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2833	−0.071%	$4.0M	$15.9M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2861	−0.004%	$206K	$62K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0118%	1h	4.2909	+0.106%	$7.5M	$36.9M	50x	as long as short
01 Exchange NEARUSD	+0.0216%	1h	4.2829	−0.079%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2970	+0.250%	$13.0M	$30.8M	75x	as long as short
Lighter RH NEAR	+0.0328%	1h	4.2899	+0.084%	$1.5M	$7.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0375% / S −0.0314%	1h	4.2852	−0.025%	$275K	—	100x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0403%	1h	4.2888	+0.058%	$1.9M	$2.3M	25x	as long as short
RISEx NEAR/USDC	+0.0404%	1h	4.2832	−0.072%	$413K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERPlong	+0.0452%	1h	4.2863	long leg	$1.3M	$5.6M	20x
Phoenix NEAR	+0.0463%	1h	4.3418	+1.295%	$1.8M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0852%	1h	4.2800	−0.147%	$1.9M	$3.4M	10x	as long as short
HTX NEAR-USDT	+0.0884%	8h	4.2920	+0.133%	$458K	$3.7M	75x	as long as short
Aftermath Perps NEARUSD	+0.1214%	1h	4.3048	+0.433%	$5K	$11K	10x	as long as short
Hyperliquid NEAR	+0.1223%	1h	4.2897	+0.079%	$369.7M	$297.9M	10x	as long as short
Lighter NEAR	+0.1952%	1h	4.2973	+0.256%	$16.5M	$23.7M	15x	as long as short