NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0482%/8h= −52.7% APRnext payment −$0.60 per $10,000 · paid last 24h −0.002%

Price spread now: gTrade (Gains Network) against Coinbase International−0.016%7-day average +0.013% · 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−$300as in the Price arb table

costs, in and out, $10k−$2972.969% of the position

Long on Coinbase International Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.062%+$6 on $10k

Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.016%, 7d avg +0.013%

Together, before fees+0.090%+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and gTrade (Gains Network) is 0.029% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.062%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.062% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.60 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	Coinbase International NEAR-PERP-INTX	4.3528	0.0488	pay 0.0061% / 1h	20m 45s	$2.3M	$16.9M	50x
Short	gTrade (Gains Network) NEAR/USD	4.3521	L +0.0004% / S −0.0006%	get 0.0001% / 1h	20m 45s	$163K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.016%Rate

Funding earned: −$101.15
Price spread: −0.016% → +0.013%: −$2.87
Slippage, 4 orders: −$276.89
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$400.92
Costs to cover: 2.969%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 18 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	4.95 bp	12.2 bp −$12	20.5 bp −$205	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 18 min ago	130.01 bp	137.7 bp −$138	1007.8 bp −$10.1K	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	4.3503	−0.058%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3523	−0.012%	$107K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USDshort	L +0.0004% / S −0.0006%	1h	4.3521	−0.016%	$163K	—	150x
Kraken Futures PF_NEARUSD	+0.0017%	1h	4.3507	−0.049%	$7.1M	$38.3M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.866%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3520	−0.018%	$113K	$498K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3528	0.000%	$219.8M	$429.0M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3480	−0.110%	$61.1M	$294.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3196	−0.763%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3534	+0.014%	$35.5M	$62.7M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NEARUSDTM	+0.0100%	8h	4.3550	+0.051%	$52.8M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3530	+0.005%	$72.0M	$127.9M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3517	−0.024%	$8.9M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3412	−0.267%	$252K	$899K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3235	−0.673%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3430	−0.225%	$166K	$815K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3531	+0.007%	$279K	$4.2M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3557	+0.067%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3600	+0.165%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3530	+0.005%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3520	−0.018%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3493	−0.081%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3523	−0.010%	$3.6M	$16.9M	25x	as long as short
Aevo NEAR-PERP	+0.0128%	1h	4.3558	+0.069%	$203K	$38K	3x	as long as short
HTX NEAR-USDT	+0.0145%	8h	4.3650	+0.280%	$465K	$3.8M	75x	as long as short
Aster NEARUSDT	+0.0154%	8h	4.3546	+0.042%	$2.7M	$4.8M	50x	as long as short
Hyperliquid NEAR	+0.0165%	1h	4.3569	+0.094%	$351.1M	$315.5M	10x	as long as short
Binance NEARUSDT	+0.0174%	8h	4.3550	+0.051%	$263.8M	$1.09B	75x	as long as short
MEXC NEAR_USDT	+0.0176%	8h	4.3530	+0.005%	$88.2M	$152.6M	200x	as long as short
Kalshi KXNEARPERP	+0.0177%	8h	4.3466	−0.142%	$967K	$25.0M	2.2x	as long as short
BingX NEAR-USDC	+0.0185%	8h	4.3530	+0.005%	—	$6.7M	—	as long as short
01 Exchange NEARUSD	+0.0248%	1h	4.3541	+0.030%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0296%	8h	4.3520	−0.018%	$13.4M	$32.1M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0319% / S −0.0207%	1h	4.3525	−0.006%	$235K	—	100x	as long as short
Nado NEAR-PERP	+0.0394%	1h	4.3500	−0.064%	$1.7M	$3.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0444%	1h	4.3585	+0.131%	$1.0M	$7.1M	20x	as long as short
Coinbase International NEAR-PERP-INTXlong	+0.0488%	1h	4.3528	long leg	$2.3M	$16.9M	50x
Lighter RH NEAR	+0.0552%	1h	4.3592	+0.147%	$1.5M	$6.7M	10x	as long as short
Lighter NEAR	+0.0584%	1h	4.3596	+0.156%	$17.2M	$25.3M	15x	as long as short
Arcus NEAR-USD	+0.0638%	1h	4.3540	+0.028%	$229K	$1.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0922%	1h	4.3571	+0.099%	$1.9M	$13.2M	25x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3548	+0.045%	$410K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3607	+0.181%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3535	+0.016%	$606K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1165%	1h	4.3352	−0.405%	$5K	$7K	10x	as long as short