NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0393%/8h= +43.0% APRnext payment +$0.49 per $10,000 · paid last 24h +0.079%

Price spread now: RISEx against Deribit+0.015%7-day average −0.029% · 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−$25as in the Price arb table

costs, in and out, $10k−$290.290% of the position

Long on Deribit Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.185%+$18 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.015%, 7d avg −0.029%

Together, before fees+0.069%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and RISEx is 0.044% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NEAR_USDC-PERPETUAL	4.4855	0.0866	pay 0.0108% / 1h	48m 03s	$2.0M	$12.3M	25x
Short	RISEx NEAR/USDC	4.4862	0.1259	get 0.0157% / 1h	48m 03s	$682K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.015%Rate

Funding earned: $82.55
Price spread: +0.015% → −0.029%: $4.44
Slippage, 4 orders: −$15.98
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $58.01
Costs to cover: 0.290%
Break-even: 2.1 days

Slippage from Deribit: live order book, 1 min ago; RISEx: live order book, 1 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, 1 min ago	4.12 bp	7.6 bp −$8	190.8 bp −$1,908	doesn't fit	doesn't fit
Sell RISEx live order book, 1 min ago	1.64 bp	4.6 bp −$5	11.2 bp −$112	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	4.4806	−0.108%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4787	−0.151%	$110K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4789	−0.147%	$169K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.680%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4840	−0.033%	$110K	$499K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4830	−0.056%	$230.5M	$428.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4790	−0.145%	$63.2M	$299.5M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4366	−1.090%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4797	−0.129%	$34.9M	$60.0M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4850	−0.011%	$53.5M	$45.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.4794	−0.136%	$74.2M	$126.2M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4568	−0.641%	$8.9M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4503	−0.784%	$260K	$964K	20x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4869	+0.031%	$280K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4834	−0.047%	$58K	$233K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4880	+0.056%	$1K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4900	+0.100%	$469K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4810	−0.100%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0107%	8h	4.4829	−0.059%	$32K	$585	10x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.4855	0.000%	$209K	$40K	3x	as long as short
GRVT NEAR_USDT_Perp	+0.0122%	8h	4.4641	−0.476%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0132%	1h	4.4470	−0.858%	$168K	$803K	50x	as long as short
BingX NEAR-USDC	+0.0165%	8h	4.4820	−0.078%	—	$6.6M	—	as long as short
MEXC NEAR_USDT	+0.0175%	8h	4.4830	−0.056%	$86.4M	$144.9M	200x	as long as short
Binance NEARUSDT	+0.0181%	8h	4.4837	−0.040%	$272.2M	$1.09B	75x	as long as short
SoDEX NEAR-USD	+0.0279%	1h	4.4825	−0.067%	$5K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0296%	8h	4.4950	+0.212%	$13.7M	$33.2M	75x	as long as short
Kalshi KXNEARPERP	+0.0303%	8h	4.4855	0.000%	$1.1M	$24.9M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0316% / S −0.0201%	1h	4.4797	−0.129%	$240K	—	100x	as long as short
Aster NEARUSDT	+0.0344%	8h	4.4830	−0.056%	$2.9M	$5.0M	50x	as long as short
Extended NEAR-USD	+0.0368%	1h	4.4813	−0.094%	$3.7M	$19.0M	25x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.5100	+0.546%	$2.3M	$16.6M	50x	as long as short
Nado NEAR-PERP	+0.0496%	1h	4.4815	−0.089%	$1.8M	$3.2M	10x	as long as short
01 Exchange NEARUSD	+0.0544%	1h	4.4828	−0.060%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0617%	1h	4.4832	−0.051%	$1.3M	$6.5M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0651%	1h	4.4808	−0.105%	$7.4M	$38.3M	50x	as long as short
Hyperliquid NEAR	+0.0706%	1h	4.4844	−0.025%	$369.3M	$307.8M	10x	as long as short
Deribit NEAR_USDC-PERPETUALlong	+0.0866%	1h	4.4855	long leg	$2.0M	$12.3M	25x
Arcus NEAR-USD	+0.0880%	1h	4.4890	+0.078%	$228K	$1.6M	10x	as long as short
Lighter NEAR	+0.0976%	1h	4.4889	+0.075%	$17.6M	$24.7M	15x	as long as short
Phoenix NEAR	+0.1003%	1h	4.5001	+0.325%	$1.9M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1040%	1h	4.4886	+0.069%	$1.5M	$6.6M	10x	as long as short
Pacifica NEAR	+0.1187%	1h	4.4830	−0.056%	$413K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1197%	1h	4.4609	−0.548%	$6K	$12K	10x	as long as short
RISEx NEAR/USDCshort	+0.1259%	1h	4.4862	+0.015%	$682K	$1.4M	10x