NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0388%/8h= −42.5% APRnext payment −$0.48 per $10,000 · paid last 24h +0.090%

Price spread now: Arcus against Coinbase International+0.106%7-day average +0.091% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$380.378% of the position

Long on Coinbase International Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.516%+$52 on $10k

Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.106%, 7d avg +0.091%

Together, before fees+0.331%+$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.091%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.516%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NEAR-PERP-INTX	4.3594	0.0488	pay 0.0061% / 1h	55m 56s	$2.3M	$17.0M	50x
Short	Arcus NEAR-USD	4.3640	0.0100	get 0.0013% / 1h	55m 56s	$228K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Coinbase International. 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 Coinbase InternationalbpFee ArcusbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$81.48
Price spread: +0.106% → +0.091%: $1.45
Slippage, 4 orders: −$23.32
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$117.85
Costs to cover: 0.378%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 3 min ago; Arcus: live order book, 3 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 Coinbase International live order book, 3 min ago	6.63 bp	11.6 bp −$12	25.7 bp −$257	doesn't fit	doesn't fit
Sell Arcus live order book, 3 min ago	2.29 bp	6.8 bp −$7	9.5 bp −$95	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
Kraken Futures PF_NEARUSD	−0.0433%	1h	4.3576	−0.041%	$7.2M	$38.7M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3560	−0.078%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3543	−0.116%	$107K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3589	−0.011%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.010%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3610	+0.037%	$115K	$500K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3554	−0.093%	$2.7M	$4.8M	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3515	−0.181%	$219.5M	$429.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3510	−0.193%	$61.4M	$295.5M	50x	as long as short
Arcus NEAR-USDshort	+0.0100%	1h	4.3640	+0.106%	$228K	$1.5M	10x

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk NEAR-USD	+0.0100%	1h	4.3688	+0.215%	$252K	$3K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3528	−0.151%	$36.0M	$61.6M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3540	−0.124%	$52.7M	$45.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3519	−0.172%	$71.9M	$127.6M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3578	−0.037%	$8.9M	$18.5M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3729	+0.310%	$253K	$892K	20x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3710	+0.266%	$167K	$815K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3607	+0.030%	$272K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3630	+0.083%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3650	+0.128%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3585	−0.021%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3570	−0.055%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3578	−0.038%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3503	−0.208%	$3.6M	$16.2M	25x	as long as short
Aevo NEAR-PERP	+0.0112%	1h	4.3599	+0.011%	$203K	$40K	3x	as long as short
Binance NEARUSDT	+0.0136%	8h	4.3537	−0.131%	$262.7M	$1.09B	75x	as long as short
MEXC NEAR_USDT	+0.0138%	8h	4.3540	−0.124%	$90.0M	$152.7M	200x	as long as short
BingX NEAR-USDT	+0.0144%	8h	4.3520	−0.170%	—	$83.0M	—	as long as short
Kalshi KXNEARPERP	+0.0161%	8h	4.3603	+0.021%	$911K	$25.1M	2.2x	as long as short
GRVT NEAR_USDT_Perp	+0.0250%	8h	4.3771	+0.407%	$1.4M	$1.6M	10x	as long as short
BloFin NEAR-USDT	+0.0258%	8h	4.3640	+0.106%	$13.2M	$32.2M	75x	as long as short
Hyperliquid NEAR	+0.0296%	1h	4.3572	−0.050%	$351.4M	$317.3M	10x	as long as short
01 Exchange NEARUSD	+0.0312%	1h	4.3643	+0.112%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0317%	1h	4.3575	−0.044%	$1.7M	$3.2M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0344% / S −0.0245%	1h	4.3584	−0.024%	$254K	—	100x	as long as short
HTX NEAR-USDT	+0.0355%	8h	4.3690	+0.220%	$462K	$3.8M	75x	as long as short
Coinbase International NEAR-PERP-INTXlong	+0.0488%	1h	4.3594	long leg	$2.3M	$17.0M	50x
Lighter RH NEAR	+0.0552%	1h	4.3608	+0.032%	$1.5M	$6.4M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0555%	1h	4.3574	−0.046%	$1.1M	$7.2M	20x	as long as short
RISEx NEAR/USDC	+0.0656%	1h	4.3623	+0.066%	$596K	$1.4M	10x	as long as short
Lighter NEAR	+0.0664%	1h	4.3610	+0.038%	$17.2M	$23.7M	15x	as long as short
Pacifica NEAR	+0.0701%	1h	4.3595	+0.002%	$411K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0759%	1h	4.3632	+0.087%	$1.9M	$13.1M	25x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3666	+0.165%	$1.8M	$2.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1091%	1h	4.3641	+0.108%	$5K	$7K	10x	as long as short