NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0214%/8h= −23.4% APRnext payment −$0.27 per $10,000 · paid last 24h −0.090%

Price spread now: Coinbase International against Deribit−0.065%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$440.441% of the position

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.525%−$53 on $10k

Price spread, last 3 days (all we have)−0.060%−$6 · spread now −0.065%, 7d avg −0.084%

Together, before fees−0.585%−$59 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NEAR_USDC-PERPETUAL	4.1684	0.0182	pay 0.0023% / 1h	28m 45s	$1.8M	$2.2M	25x
Short	Coinbase International NEAR-PERP-INTX	4.1657	−0.0032	pay 0.0004% / 1h	28m 45s	$2.1M	$12.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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 DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$44.94
Price spread: −0.065% → −0.084%: $1.96
Slippage, 4 orders: −$27.13
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$87.11
Costs to cover: 0.441%
Break-even: never at this rate

Slippage from Deribit: live order book, just now; Coinbase International: live order book, 5 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 Deribit live order book, just now	4.92 bp	8.7 bp −$9	14.7 bp −$147	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	5.74 bp	15.2 bp −$15	24.0 bp −$240	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	4.1631	−0.127%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTXshort	−0.0032%	1h	4.1657	−0.065%	$2.1M	$12.6M	50x
Injective NEAR/USDC PERP	−0.0002%	1h	4.1410	−0.657%	$578	$302K	12x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.1629	−0.132%	$108K	$58K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.1669	−0.036%	$429K	$18.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1662	−0.052%	$206K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0049%	1h	4.1682	−0.005%	$7.6M	$36.8M	50x	as long as short
Lighter RH NEAR	+0.0096%	1h	4.1684	0.000%	$1.5M	$7.0M	10x	as long as short
01 Exchange NEARUSD	+0.0096%	1h	4.1707	+0.055%	$12K	$7K	10x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.1680	−0.010%	$111K	$482K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.1653	−0.074%	$53K	$158K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1676	−0.018%	$30K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.1675	−0.022%	$2.9M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.1696	+0.030%	$360K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.1640	−0.106%	$238.5M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.1676	−0.019%	$212.6M	$423.0M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1610	−0.178%	$57.4M	$275.3M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.1680	−0.010%	$240K	$1.7M	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.1638	−0.110%	$29.8M	$57.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.1630	−0.130%	$81.8M	$141.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.1660	−0.058%	$54.9M	$44.4M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1618	−0.158%	$68.9M	$125.4M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.1630	−0.130%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.1650	−0.082%	$7.7M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1758	+0.178%	$238K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1588	−0.230%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1730	+0.110%	$174K	$793K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1689	+0.012%	$204K	$3.2M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.1730	+0.110%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.1650	−0.082%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1660	−0.058%	$3.8M	$8.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1600	−0.202%	$237K	$2K	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1609	−0.179%	$3.8M	$14.7M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.1648	−0.086%	$201K	$62K	3x	as long as short
Deribit NEAR_USDC-PERPETUALlong	+0.0182%	1h	4.1684	long leg	$1.8M	$2.2M	25x
BloFin NEAR-USDT	+0.0220%	8h	4.1650	−0.082%	$12.3M	$31.6M	75x	as long as short
Hyperliquid NEAR	+0.0342%	1h	4.1697	+0.031%	$352.1M	$298.9M	10x	as long as short
RISEx NEAR/USDC	+0.0364%	1h	4.1701	+0.041%	$410K	$1.2M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0381% / S −0.0328%	1h	4.1656	−0.067%	$281K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0433%	1h	4.1698	+0.034%	$1.2M	$5.7M	20x	as long as short
Phoenix NEAR	+0.0542%	1h	4.1800	+0.278%	$1.7M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0545%	1h	4.1660	−0.058%	$1.8M	$3.5M	10x	as long as short
Lighter NEAR	+0.0552%	1h	4.1725	+0.098%	$15.9M	$23.3M	15x	as long as short
Aftermath Perps NEARUSD	+0.0859%	1h	4.1720	+0.085%	$5K	$11K	10x	as long as short
HTX NEAR-USDT	+0.0972%	8h	4.1770	+0.206%	$447K	$3.6M	75x	as long as short