NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.026%

Price spread now: dYdX against Bulk−0.082%7-day average −0.027% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1231.233% of the position

Long on Bulk Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.101%−$10 on $10k

Price spread, last 4 days (all we have)−0.197%−$20 · spread now −0.082%, 7d avg −0.027%

Together, before fees−0.298%−$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.055% cheaper against Bulk than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.027%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk NEAR-USD	4.4421	0.0100	pay 0.0013% / 1h	33m 35s	$253K	−$0	10x
Short	dYdX NEAR-USD	4.4384	0	get 0.0000% / 1h	33m 35s	$109K	$70K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Bulk. 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 BulkbpFee dYdXbpOrdersPrice spread, now −0.082%Rate

Funding earned: −$21
Price spread: −0.082% → −0.027%: −$5.53
Slippage, 4 orders: −$106.32
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$149.86
Costs to cover: 1.233%
Break-even: never at this rate

Slippage from Bulk: live order book, 30 min ago; dYdX: live order book, 30 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 Bulk live order book, 30 min ago	11.45 bp	15.0 bp −$15	15.0 bp −$150	26.3 bp −$2,628	54.7 bp −$27.4K
Sell dYdX live order book, 30 min ago	37.73 bp	50.7 bp −$51	86.1 bp −$861	114.4 bp −$11.4K	160.7 bp −$80.4K

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	4.4469	+0.109%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.4482	+0.138%	$2.2M	$14.5M	50x	as long as short
dYdX NEAR-USDshort	0.0000%	1h	4.4384	−0.082%	$109K	$70K	10x
Kalshi KXNEARPERP	0.0000%	8h	4.4474	+0.120%	$656K	$19.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.4439	+0.041%	$201K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.778%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4490	+0.156%	$116K	$488K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4420	−0.002%	$419K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4467	+0.104%	$269.6M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4510	+0.201%	$224.2M	$418.8M	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	4.4370	−0.114%	$63.4M	$293.7M	50x	as long as short
Bulk NEAR-USDlong	+0.0100%	1h	4.4421	long leg	$253K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.4392	−0.065%	$32.1M	$62.5M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4450	+0.066%	$77.2M	$142.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4400	−0.047%	$56.0M	$44.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4442	+0.048%	$73.2M	$126.7M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4430	+0.021%	—	$144.9M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4296	−0.280%	$8.7M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4438	+0.038%	$266K	$988K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4485	+0.144%	$1.5M	$1.4M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4526	+0.237%	$213K	$3.7M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4472	+0.116%	$61K	$195K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4540	+0.269%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4472	+0.116%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4580	+0.359%	$464K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4450	+0.066%	$3.9M	$8.1M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4416	−0.011%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4414	−0.014%	$3.8M	$18.6M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4484	+0.143%	$207K	$34K	3x	as long as short
ApeX Omni NEARUSDT	+0.0186%	1h	4.4450	+0.066%	$172K	$793K	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4560	+0.314%	$13.8M	$31.6M	75x	as long as short
Aster NEARUSDT	+0.0238%	8h	4.4491	+0.158%	$3.0M	$5.4M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0352% / S −0.0245%	1h	4.4435	+0.032%	$261K	—	100x	as long as short
Nado NEAR-PERP	+0.0384%	1h	4.4399	−0.049%	$1.9M	$3.1M	10x	as long as short
01 Exchange NEARUSD	+0.0408%	1h	4.4514	+0.210%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.4500	+0.179%	$212K	$1.7M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0492%	1h	4.4486	+0.147%	$2.0M	$4.4M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0687%	1h	4.4521	+0.226%	$1.4M	$6.6M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0692%	1h	4.4490	+0.157%	$8.3M	$41.0M	50x	as long as short
Hyperliquid NEAR	+0.0809%	1h	4.4439	+0.041%	$374.1M	$305.1M	10x	as long as short
Lighter RH NEAR	+0.0848%	1h	4.4449	+0.064%	$1.6M	$6.9M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.4143	−0.625%	$1.8M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.4494	+0.165%	$563K	$1.3M	10x	as long as short
Lighter NEAR	+0.1448%	1h	4.4475	+0.122%	$17.8M	$25.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.1696%	1h	4.4151	−0.608%	$6K	$12K	10x	as long as short