Settings8H · net · $10k
Funding arb · Price arb /

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0519%/8h= −56.8% APRnext payment $0.65 per $10,000 · paid last 24h −0.074%
Price spread now: SoDEX against Deribit−0.065%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and SoDEX is 0.065% cheaper against Deribit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit NEAR_USDC-PERPETUAL4.29330.1079pay 0.0135% / 1h30m 55s$1.9M$11.0M25x
ShortSoDEX NEAR-USD4.29050.0560get 0.0070% / 1h30m 55s$6K$53K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
−$108.89
Price spread: −0.065% → 0.000%
−$6.52
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$130.41
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 3 min ago; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 3 min ago2.68 bp6.2 bp −$616.7 bp −$167doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.2916−0.040%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2857−0.177%$105K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2893−0.093%$161K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.547%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2900−0.077%$113K$500K50xas long as short
Binance NEARUSDT+0.0100%8h4.2975+0.098%$262.6M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2951+0.042%$214.1M$420.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2970+0.086%$60.4M$285.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2997+0.150%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2916−0.040%$32.3M$60.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.2970+0.086%$75.9M$143.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3010+0.179%$51.9M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2984+0.119%$71.0M$127.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2940+0.016%$143.4Mas long as short
Variational Omni NEAR+0.0100%8h4.2878−0.127%$8.1M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.2962+0.068%$259K$958K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2949+0.037%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2929−0.009%$262K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2943+0.023%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2990+0.133%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3020+0.203%$463K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2930−0.007%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.2886−0.108%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.2935+0.005%$200K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2960+0.063%$13.2M$31.6M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.2982+0.114%$2.3M$15.8M50xas long as short
ApeX Omni NEARUSDT+0.0263%1h4.2960+0.063%$165K$795K50xas long as short
Kalshi KXNEARPERP+0.0266%8h4.2947+0.033%$867K$24.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0311% / S −0.0198%1h4.2896−0.086%$232K100xas long as short
Aster NEARUSDT+0.0336%8h4.2955+0.050%$2.8M$5.3M50xas long as short
Nado NEAR-PERP+0.0375%1h4.2878−0.129%$1.7M$3.2M10xas long as short
Extended NEAR-USD+0.0520%1h4.2982+0.115%$3.7M$19.7M25xas long as short
SoDEX NEAR-USDshort+0.0560%1h4.2905−0.065%$6K$53K10x
Backpack NEAR_USDC_PERP+0.0650%1h4.2964+0.072%$1.3M$6.7M20xas long as short
Hyperliquid NEAR+0.0693%1h4.2977+0.102%$351.2M$310.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0737%1h4.2893−0.092%$7.4M$38.9M50xas long as short
01 Exchange NEARUSD+0.0752%1h4.2961+0.065%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.2940+0.016%$216K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.2906−0.064%$393K$1.3M10xas long as short
Lighter NEAR+0.0928%1h4.2965+0.073%$16.8M$25.1M15xas long as short
Phoenix NEAR+0.1033%1h4.3089+0.363%$1.8M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUALlong+0.1079%1h4.2933long leg$1.9M$11.0M25x
Lighter RH NEAR+0.1112%1h4.2961+0.065%$1.5M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.2926−0.016%$685K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1358%1h4.2945+0.029%$5K$12K10xas long as short