NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.034%

Price spread now: ApeX Omni against dYdX−0.130%7-day average +0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1421.422% of the position

Long on dYdX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 4 days (all we have)+0.852%+$85 · spread now −0.130%, 7d avg +0.088%

Together, before fees+1.059%+$106 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.219% cheaper against dYdX than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of +0.088%). If the spread goes back, that is −$22 on $10k: about 7.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX NEAR-USD	4.3787	0	get 0.0000% / 1h	27m 16s	$107K	$65K	10x
Short	ApeX Omni NEARUSDT	4.3730	0.0100	get 0.0013% / 1h	27m 16s	$165K	$825K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.130%Rate

Funding earned: $21
Price spread: −0.130% → +0.088%: −$21.88
Slippage, 4 orders: −$122.16
Fee dYdX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$143.03
Costs to cover: 1.422%
Break-even: 54.7 days

Slippage from dYdX: live order book, 7 min ago; ApeX Omni: live order book, 7 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, 7 min ago	50.42 bp	55.4 bp −$55	69.4 bp −$694	172.8 bp −$17.3K	588.2 bp −$294.1K
Sell ApeX Omni live order book, 7 min ago	4.59 bp	17.7 bp −$18	99.1 bp −$991	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
Kraken Futures PF_NEARUSD	−0.0431%	1h	4.3794	+0.015%	$7.2M	$38.6M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3745	−0.097%	$2K	—	20x	as long as short
dYdX NEAR-USDlong	0.0000%	1h	4.3787	long leg	$107K	$65K	10x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3779	−0.018%	$164K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.429%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3740	−0.108%	$120K	$503K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3820	+0.075%	$2.7M	$4.7M	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3810	+0.052%	$264.3M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3795	+0.018%	$220.7M	$427.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3780	−0.016%	$61.8M	$295.1M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NEAR-USD	+0.0100%	1h	4.3770	−0.039%	$222K	$1.5M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3750	−0.085%	$252K	$3K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3789	+0.004%	$36.7M	$62.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3780	−0.016%	$90.7M	$157.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3820	+0.075%	$52.6M	$45.4M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3785	−0.005%	$72.3M	$127.5M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3688	−0.227%	$9.0M	$18.1M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3715	−0.165%	$253K	$896K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3710	−0.176%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDTshort	+0.0100%	1h	4.3730	−0.130%	$165K	$825K	50x
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3750	−0.085%	$273K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3815	+0.064%	$56K	$238K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3880	+0.212%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3880	+0.212%	$5K	$49K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3900	+0.258%	$3.5M	$8.1M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3749	−0.087%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3778	−0.020%	$3.6M	$15.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3822	+0.081%	$204K	$40K	3x	as long as short
BingX NEAR-USDC	+0.0107%	8h	4.3810	+0.052%	—	$6.7M	—	as long as short
Kalshi KXNEARPERP	+0.0140%	8h	4.3751	−0.082%	$868K	$25.4M	2.2x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3790	+0.007%	$12.7M	$32.4M	75x	as long as short
Hyperliquid NEAR	+0.0256%	1h	4.3807	+0.045%	$354.0M	$316.4M	10x	as long as short
Nado NEAR-PERP	+0.0258%	1h	4.3780	−0.016%	$1.7M	$3.2M	10x	as long as short
01 Exchange NEARUSD	+0.0320%	1h	4.3768	−0.044%	$13K	$6K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0354% / S −0.0232%	1h	4.3799	+0.026%	$270K	—	100x	as long as short
Lighter NEAR	+0.0416%	1h	4.3867	+0.182%	$17.3M	$23.9M	15x	as long as short
HTX NEAR-USDT	+0.0435%	8h	4.4010	+0.509%	$465K	$3.7M	75x	as long as short
Lighter RH NEAR	+0.0448%	1h	4.3851	+0.146%	$1.5M	$6.5M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3889	+0.233%	$2.3M	$17.2M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0521%	1h	4.3919	+0.301%	$1.1M	$7.2M	20x	as long as short
RISEx NEAR/USDC	+0.0656%	1h	4.3707	−0.182%	$590K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0701%	1h	4.3826	+0.090%	$413K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0740%	1h	4.3857	+0.160%	$1.8M	$2.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0755%	1h	4.3845	+0.132%	$1.9M	$13.1M	25x	as long as short
Aftermath Perps NEARUSD	+0.1049%	1h	4.3758	−0.067%	$5K	$7K	10x	as long as short