NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.031%

Price spread now: Aevo against dYdX−0.015%7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$166as in the Funding arb table

Net, price: spread back to 7d avg − costs−$191as in the Price arb table

costs, in and out, $10k−$1871.867% of the position

Long on dYdX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.204%+$20 on $10k

Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.015%, 7d avg +0.027%

Together, before fees+0.306%+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.043% cheaper against dYdX than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.027%). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX NEAR-USD	4.3201	0	get 0.0000% / 1h	38m 37s	$106K	$68K	10x
Short	Aevo NEAR-PERP	4.3195	0.0128	get 0.0016% / 1h	38m 37s	$201K	$38K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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 dYdXbpFee AevobpOrdersPrice spread, now −0.015%Rate

Funding earned: $26.88
Price spread: −0.015% → +0.027%: −$4.26
Slippage, 4 orders: −$160.69
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$164.07
Costs to cover: 1.867%
Break-even: 49.7 days

Slippage from dYdX: live order book, just now; Aevo: live order book, 65 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 dYdX live order book, just now	28.93 bp	40.6 bp −$41	100.1 bp −$1,001	210.3 bp −$21.0K	681.3 bp −$340.6K
Sell Aevo live order book, 65 min ago	10.03 bp	56.1 bp −$56	doesn't fit	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	4.3165	−0.084%	$2K	—	20x	as long as short
dYdX NEAR-USDlong	0.0000%	1h	4.3201	long leg	$106K	$68K	10x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3189	−0.029%	$162K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0017%	1h	4.3187	−0.033%	$7.1M	$38.3M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.146%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3180	−0.049%	$110K	$496K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3150	−0.119%	$217.7M	$430.0M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3150	−0.119%	$60.8M	$291.1M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3160	−0.096%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3186	−0.035%	$35.2M	$62.3M	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	4.3220	+0.043%	$52.4M	$45.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3156	−0.105%	$71.5M	$128.1M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3337	+0.313%	$8.6M	$18.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3338	+0.317%	$251K	$898K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3340	+0.321%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3330	+0.298%	$165K	$815K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3190	−0.026%	$282K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3217	+0.036%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3210	+0.020%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3200	−0.003%	$5K	$53K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3200	−0.003%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.3228	+0.061%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3177	−0.056%	$3.6M	$17.3M	25x	as long as short
HTX NEAR-USDT	+0.0118%	8h	4.3280	+0.182%	$463K	$3.8M	75x	as long as short
Aevo NEAR-PERPshort	+0.0128%	1h	4.3195	−0.015%	$201K	$38K	3x
Kalshi KXNEARPERP	+0.0192%	8h	4.3177	−0.056%	$938K	$25.2M	2.2x	as long as short
BingX NEAR-USDT	+0.0198%	8h	4.3200	−0.003%	—	$145.0M	—	as long as short
MEXC NEAR_USDT	+0.0199%	8h	4.3200	−0.003%	$83.2M	$150.4M	200x	as long as short
Binance NEARUSDT	+0.0199%	8h	4.3184	−0.039%	$262.2M	$1.09B	75x	as long as short
Aster NEARUSDT	+0.0202%	8h	4.3196	−0.013%	$2.7M	$4.8M	50x	as long as short
Hyperliquid NEAR	+0.0261%	1h	4.3253	+0.120%	$349.2M	$315.0M	10x	as long as short
01 Exchange NEARUSD	+0.0280%	1h	4.3200	−0.003%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0315% / S −0.0203%	1h	4.3194	−0.016%	$232K	—	100x	as long as short
BloFin NEAR-USDT	+0.0319%	8h	4.3200	−0.003%	$13.3M	$31.8M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0393%	1h	4.3222	+0.048%	$1.2M	$7.0M	20x	as long as short
Nado NEAR-PERP	+0.0470%	1h	4.3173	−0.065%	$1.7M	$3.2M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3272	+0.164%	$2.3M	$16.8M	50x	as long as short
Lighter RH NEAR	+0.0536%	1h	4.3271	+0.161%	$1.5M	$6.6M	10x	as long as short
Arcus NEAR-USD	+0.0638%	1h	4.3220	+0.043%	$225K	$1.6M	10x	as long as short
Lighter NEAR	+0.0760%	1h	4.3290	+0.205%	$17.1M	$25.0M	15x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3227	+0.059%	$407K	$1.5M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3384	+0.423%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3210	+0.021%	$605K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1163%	1h	4.3245	+0.101%	$1.9M	$13.2M	25x	as long as short
Aftermath Perps NEARUSD	+0.1262%	1h	4.3284	+0.192%	$5K	$7K	10x	as long as short