NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%

Price spread now: KuCoin against BloFin+0.047%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$560.563% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.230%−$23 on $10k

Price spread, last 3 days (all we have)−0.266%−$27 · spread now +0.047%, 7d avg +0.019%

Together, before fees−0.496%−$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.028% dearer against BloFin than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of +0.019%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NEAR-USDT	4.2710	0.0220	pay 0.0220% / 8h	45m 13s	$13.0M	$30.6M	75x
Short	KuCoin NEARUSDTM	4.2730	0.0100	get 0.0100% / 8h	45m 13s	$56.0M	$43.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$25.2
Price spread: +0.047% → +0.019%: $2.82
Slippage, 4 orders: −$32.27
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$78.65
Costs to cover: 0.563%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 4 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 BloFin live order book, 4 min ago	1.17 bp	8.1 bp −$8	13.8 bp −$138	47.3 bp −$4,731	doesn't fit
Sell KuCoin live order book, 4 min ago	2.33 bp	16.6 bp −$17	30.1 bp −$301	87.3 bp −$8,729	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	4.2681	−0.067%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0072%	1h	4.2743	+0.077%	$2.2M	$13.0M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2746	+0.085%	$111K	$59K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2746	+0.084%	$395K	$18.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2693	−0.041%	$203K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.044%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2710	0.000%	$108K	$498K	50x	as long as short
Bybit NEARUSDT	+0.0096%	8h	4.2655	−0.129%	$219.1M	$421.4M	75x	as long as short
Variational Omni NEAR	+0.0098%	8h	4.2670	−0.094%	$7.8M	$18.0M	—	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2753	+0.100%	$31K	$647	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NEARUSDT	+0.0100%	8h	4.2727	+0.039%	$3.0M	$5.6M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2749	+0.091%	$402K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2690	−0.047%	$252.8M	$1.07B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2670	−0.094%	$60.9M	$284.8M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2750	+0.094%	$202K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3000	+0.679%	$245K	$2K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2682	−0.066%	$30.1M	$58.9M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2700	−0.023%	$78.4M	$140.5M	200x	as long as short
KuCoin NEARUSDTMshort	+0.0100%	8h	4.2730	+0.047%	$56.0M	$43.5M	75x
Bitget NEARUSDT	+0.0100%	8h	4.2678	−0.075%	$70.9M	$126.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2670	−0.094%	—	$138.5M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2986	+0.647%	$245K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2963	+0.593%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2710	0.000%	$178K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2738	+0.066%	$209K	$3.4M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2708	−0.005%	$57K	$194K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2730	+0.047%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2681	−0.068%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2700	−0.023%	$3.9M	$8.2M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2681	−0.068%	$4.0M	$15.9M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2705	−0.012%	$206K	$62K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0119%	1h	4.2703	−0.016%	$7.4M	$36.9M	50x	as long as short
01 Exchange NEARUSD	+0.0200%	1h	4.2729	+0.044%	$13K	$7K	10x	as long as short
BloFin NEAR-USDTlong	+0.0220%	8h	4.2710	long leg	$13.0M	$30.6M	75x
Lighter RH NEAR	+0.0368%	1h	4.2753	+0.101%	$1.5M	$7.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0374% / S −0.0314%	1h	4.2693	−0.040%	$274K	—	100x	as long as short
RISEx NEAR/USDC	+0.0404%	1h	4.2743	+0.078%	$412K	$1.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0429%	1h	4.2738	+0.066%	$1.9M	$2.3M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0439%	1h	4.2727	+0.040%	$1.3M	$5.5M	20x	as long as short
Phoenix NEAR	+0.0463%	1h	4.2919	+0.489%	$1.8M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0808%	1h	4.2685	−0.058%	$1.9M	$3.4M	10x	as long as short
HTX NEAR-USDT	+0.0874%	8h	4.2790	+0.187%	$457K	$3.7M	75x	as long as short
Hyperliquid NEAR	+0.1128%	1h	4.2763	+0.124%	$368.6M	$298.2M	10x	as long as short
Aftermath Perps NEARUSD	+0.1181%	1h	4.2914	+0.477%	$5K	$11K	10x	as long as short
Lighter NEAR	+0.1856%	1h	4.2807	+0.227%	$16.5M	$23.7M	15x	as long as short