NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%

Price spread now: OKX against BloFin−0.290%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$420.418% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.207%−$21 on $10k

Price spread, last 4 days (all we have)−0.368%−$37 · spread now −0.290%, 7d avg −0.048%

Together, before fees−0.575%−$58 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.242% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.048%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NEAR-USDT	4.4890	0.0220	pay 0.0220% / 8h	5h 07m	$14.2M	$33.7M	75x
Short	OKX NEAR-USDT-SWAP	4.4760	0.0100	get 0.0100% / 8h	5h 07m	$64.4M	$305.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.290%Rate

Funding earned: −$25.2
Price spread: −0.290% → −0.048%: −$24.16
Slippage, 4 orders: −$19.81
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$91.17
Costs to cover: 0.418%
Break-even: never at this rate

Slippage from BloFin: live order book, 7 min ago; OKX: live order book, 2 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, 7 min ago	5.47 bp	11.5 bp −$11	13.5 bp −$135	36.9 bp −$3,686	106.8 bp −$53.4K
Sell OKX live order book, 2 min ago	1.11 bp	9.8 bp −$10	20.9 bp −$209	49.4 bp −$4,937	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	4.4874	−0.035%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.4860	−0.067%	$2.2M	$15.5M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.5041	+0.337%	$111K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.5042	+0.339%	$538K	$21.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4959	+0.153%	$168K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.752%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4960	+0.156%	$113K	$513K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.5048	+0.352%	$430K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4885	−0.011%	$275.4M	$1.11B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4860	−0.067%	$225.0M	$426.0M	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-SWAPshort	+0.0100%	8h	4.4760	−0.290%	$64.4M	$305.3M	50x
Bulk NEAR-USD	+0.0100%	1h	4.5467	+1.284%	$259K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4848	−0.094%	$32.6M	$65.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4890	0.000%	$79.5M	$149.0M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4810	−0.178%	$55.4M	$45.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4717	−0.385%	$73.7M	$130.3M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4730	−0.356%	—	$146.9M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.5696	+1.796%	$8.8M	$18.3M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.5326	+0.971%	$272K	$976K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.5311	+0.938%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.5320	+0.958%	$174K	$797K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4862	−0.062%	$222K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4923	+0.074%	$57K	$237K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4980	+0.200%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4900	+0.022%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4920	+0.067%	$464K	$4.1M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4890	0.000%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.5031	+0.315%	$33K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4945	+0.123%	$209K	$40K	3x	as long as short
Extended NEAR-USD	+0.0184%	1h	4.4869	−0.046%	$4.1M	$19.3M	25x	as long as short
BloFin NEAR-USDTlong	+0.0220%	8h	4.4890	long leg	$14.2M	$33.7M	75x
Aster NEARUSDT	+0.0299%	8h	4.4921	+0.069%	$3.1M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0358% / S −0.0247%	1h	4.4925	+0.078%	$270K	—	100x	as long as short
01 Exchange NEARUSD	+0.0392%	1h	4.5060	+0.379%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.5120	+0.512%	$218K	$1.8M	10x	as long as short
Nado NEAR-PERP	+0.0433%	1h	4.4850	−0.089%	$1.9M	$3.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0530%	1h	4.4925	+0.078%	$2.0M	$4.5M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0553%	1h	4.4817	−0.163%	$1.4M	$6.7M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0686%	1h	4.4926	+0.079%	$8.3M	$41.3M	50x	as long as short
Lighter RH NEAR	+0.0704%	1h	4.4923	+0.074%	$1.6M	$7.2M	10x	as long as short
Hyperliquid NEAR	+0.0789%	1h	4.4833	−0.127%	$374.3M	$322.8M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.5453	+1.254%	$1.9M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.5077	+0.416%	$576K	$1.4M	10x	as long as short
Lighter NEAR	+0.1136%	1h	4.4943	+0.118%	$18.0M	$27.0M	15x	as long as short
Aftermath Perps NEARUSD	+0.1601%	1h	4.5331	+0.982%	$6K	$12K	10x	as long as short