NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.044%

Price spread now: Bulk against Coinbase International+0.179%7-day average +0.013% · 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−$38as in the Price arb table

costs, in and out, $10k−$550.547% of the position

Long on Coinbase International Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.173%+$17 on $10k

Price spread, last 4 days (all we have)−0.235%−$23 · spread now +0.179%, 7d avg +0.013%

Together, before fees−0.062%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bulk is 0.167% dearer against Coinbase International than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NEAR-PERP-INTX	4.3800	0.0056	pay 0.0007% / 1h	57m 51s	$2.2M	$15.6M	50x
Short	Bulk NEAR-USD	4.3879	0.0100	get 0.0013% / 1h	57m 51s	$250K	−$0	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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 BulkbpOrdersPrice spread, now +0.179%Rate

Funding earned: $9.24
Price spread: +0.179% → +0.013%: $16.69
Slippage, 4 orders: −$37.73
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$28.79
Costs to cover: 0.547%
Break-even: 28.8 days

Slippage from Coinbase International: live order book, 1 min ago; Bulk: live order book, 61 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, 1 min ago	4.11 bp	14.3 bp −$14	20.2 bp −$202	406.9 bp −$40.7K	doesn't fit
Sell Bulk live order book, 61 min ago	11.15 bp	14.6 bp −$15	14.6 bp −$146	14.6 bp −$1,465	31.4 bp −$15.7K

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	4.3788	−0.027%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3837	+0.085%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3928	+0.292%	$623K	$22.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3789	−0.025%	$164K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.457%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTXlong	+0.0056%	1h	4.3800	long leg	$2.2M	$15.6M	50x
Popdex NEARUSDT	+0.0096%	1h	4.3840	+0.091%	$113K	$504K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3800	0.000%	$270.4M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3747	−0.121%	$220.7M	$422.7M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3760	−0.091%	$62.6M	$293.4M	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-USDshort	+0.0100%	1h	4.3879	+0.179%	$250K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.3771	−0.066%	$31.9M	$60.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3810	+0.023%	$76.1M	$142.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3830	+0.068%	$54.6M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3758	−0.096%	$71.9M	$129.0M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3760	−0.091%	—	$146.1M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3907	+0.245%	$8.5M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3951	+0.345%	$264K	$966K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3988	+0.430%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3990	+0.434%	$169K	$801K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3846	+0.105%	$244K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3817	+0.039%	$56K	$244K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3940	+0.320%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3880	+0.183%	$454K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3840	+0.091%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3835	+0.080%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3818	+0.042%	$204K	$40K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3910	+0.251%	$13.8M	$32.5M	75x	as long as short
SoDEX NEAR-USD	+0.0249%	1h	4.3780	−0.046%	$8K	$52K	10x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3879	+0.181%	$417K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0313%	8h	4.3800	0.000%	$2.9M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0191%	1h	4.3788	−0.028%	$233K	—	100x	as long as short
Hyperliquid NEAR	+0.0542%	1h	4.3847	+0.107%	$361.2M	$320.3M	10x	as long as short
01 Exchange NEARUSD	+0.0576%	1h	4.3899	+0.226%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0588%	1h	4.3817	+0.039%	$1.3M	$6.3M	20x	as long as short
Extended NEAR-USD	+0.0592%	1h	4.3779	−0.047%	$3.9M	$19.6M	25x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0595%	1h	4.3804	+0.009%	$2.0M	$7.4M	25x	as long as short
Nado NEAR-PERP	+0.0617%	1h	4.3821	+0.049%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3890	+0.205%	$216K	$1.7M	10x	as long as short
Lighter RH NEAR	+0.0672%	1h	4.3856	+0.128%	$1.6M	$7.0M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0704%	1h	4.3794	−0.014%	$7.8M	$39.8M	50x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4008	+0.475%	$1.8M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3890	+0.206%	$603K	$1.4M	10x	as long as short
Lighter NEAR	+0.1368%	1h	4.3872	+0.165%	$17.7M	$24.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.1620%	1h	4.3890	+0.205%	$5K	$12K	10x	as long as short