NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0508%/8h= +55.6% APRnext payment +$0.64 per $10,000 · paid last 24h 0.000%

Price spread now: Extended against Bulk−0.562%7-day average −0.064% · 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−$88as in the Price arb table

costs, in and out, $10k−$380.385% of the position

Long on Bulk Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.005%−$1 on $10k

Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.562%, 7d avg −0.064%

Together, before fees+0.277%+ Points / potential airdropExtended: Active · farm board+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.499% cheaper against Bulk than usual: you would sell low and buy high (spread −0.562% now, against its 7-day average of −0.064%). If the spread goes back, that is −$50 on $10k: about 3.3 days of funding at the current rate (+$15 a day).

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.005% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk NEAR-USD	4.3879	0.0100	pay 0.0013% / 1h	56m 50s	$250K	−$0	10x
Short	Extended NEAR-USD	4.3632	0.0608	get 0.0076% / 1h	56m 50s	$3.9M	$19.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.562%Rate

Funding earned: $106.68
Price spread: −0.562% → −0.064%: −$49.87
Slippage, 4 orders: −$26.45
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $18.36
Costs to cover: 0.385%
Break-even: 5.8 days

Slippage from Bulk: live order book, 62 min ago; Extended: 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 Bulk live order book, 62 min ago	11.15 bp	14.6 bp −$15	14.6 bp −$146	33.3 bp −$3,330	48.2 bp −$24.1K
Sell Extended live order book, 2 min ago	0.46 bp	4.6 bp −$5	10.5 bp −$105	doesn't fit	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	4.3654	−0.513%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3709	−0.388%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3579	−0.683%	$651K	$22.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3641	−0.542%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.626%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3520	−0.817%	$2.3M	$15.6M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3670	−0.475%	$112K	$498K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3616	−0.598%	$269.2M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3566	−0.712%	$220.2M	$423.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3560	−0.726%	$62.2M	$293.0M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk NEAR-USDlong	+0.0100%	1h	4.3879	long leg	$250K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.3572	−0.699%	$31.8M	$60.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3680	−0.453%	$74.9M	$143.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3660	−0.498%	$54.4M	$45.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3577	−0.687%	$71.6M	$129.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3580	−0.681%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3907	+0.065%	$8.5M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3935	+0.129%	$264K	$939K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3900	+0.049%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3920	+0.094%	$169K	$800K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3682	−0.448%	$244K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3544	−0.763%	$56K	$244K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3580	−0.681%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3760	−0.270%	$453K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3600	−0.635%	$3.7M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3697	−0.414%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3504	−0.855%	$202K	$40K	3x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0164%	1h	4.3508	−0.845%	$1.9M	$7.4M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3570	−0.703%	$13.7M	$32.2M	75x	as long as short
SoDEX NEAR-USD	+0.0230%	1h	4.3513	−0.833%	$8K	$52K	10x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3745	−0.304%	$416K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0312%	8h	4.3605	−0.624%	$2.9M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0319% / S −0.0191%	1h	4.3609	−0.615%	$232K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0463%	1h	4.3569	−0.706%	$1.3M	$6.4M	20x	as long as short
Hyperliquid NEAR	+0.0546%	1h	4.3633	−0.560%	$359.4M	$320.6M	10x	as long as short
01 Exchange NEARUSD	+0.0584%	1h	4.3743	−0.309%	$13K	$7K	10x	as long as short
Extended NEAR-USDshort	+0.0608%	1h	4.3632	−0.562%	$3.9M	$19.6M	25x
Arcus NEAR-USD	+0.0627%	1h	4.3720	−0.361%	$215K	$1.6M	10x	as long as short
Nado NEAR-PERP	+0.0667%	1h	4.3669	−0.477%	$1.9M	$3.1M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0709%	1h	4.3489	−0.888%	$7.8M	$39.7M	50x	as long as short
Phoenix NEAR	+0.0794%	1h	4.3982	+0.236%	$1.8M	$2.8M	10x	as long as short
Lighter RH NEAR	+0.0920%	1h	4.3573	−0.697%	$1.6M	$7.0M	10x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3727	−0.345%	$600K	$1.4M	10x	as long as short
Lighter NEAR	+0.1448%	1h	4.3700	−0.406%	$17.6M	$24.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.1633%	1h	4.3862	−0.039%	$5K	$12K	10x	as long as short