NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.024%

Price spread now: Coinbase International against dYdX−0.065%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$268as in the Funding arb table

Net, price: spread back to 7d avg − costs−$271as in the Price arb table

costs, in and out, $10k−$2662.659% of the position

Long on dYdX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 3 days (all we have)+0.445%+$44 · spread now −0.065%, 7d avg −0.013%

Together, before fees+0.426%+$43 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.052% cheaper against dYdX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.013%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX NEAR-USD	4.1189	0	get 0.0000% / 1h	9m 28s	$104K	$54K	10x
Short	Coinbase International NEAR-PERP-INTX	4.1162	−0.0024	pay 0.0003% / 1h	9m 28s	$2.1M	$12.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$5.04
Price spread: −0.065% → −0.013%: −$5.17
Slippage, 4 orders: −$245.94
Fee dYdX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$276.15
Costs to cover: 2.659%
Break-even: never at this rate

Slippage from dYdX: live order book, 14 min ago; 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 dYdX live order book, 14 min ago	112.52 bp	122.3 bp −$122	122.4 bp −$1,224	122.4 bp −$12.2K	125.0 bp −$62.5K
Sell Coinbase International live order book, 5 min ago	5.58 bp	12.0 bp −$12	17.5 bp −$175	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	4.1195	+0.014%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTXshort	−0.0024%	1h	4.1162	−0.065%	$2.1M	$12.6M	50x
dYdX NEAR-USDlong	0.0000%	1h	4.1189	long leg	$104K	$54K	10x
Kalshi KXNEARPERP	0.0000%	8h	4.1089	−0.242%	$395K	$18.4M	2.2x	as long as short
Deribit NEAR_USDC-PERPETUAL	0.0000%	1h	4.1116	−0.177%	$1.8M	$2.1M	25x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1109	−0.193%	$203K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	+0.537%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.1190	+0.003%	$107K	$490K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.1101	−0.213%	$53K	$157K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1186	−0.006%	$30K	$647	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NEARUSDT	+0.0100%	8h	4.1180	−0.021%	$2.9M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.1188	−0.001%	$347K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.1189	0.000%	$234.7M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.1200	+0.027%	$209.6M	$428.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1200	+0.027%	$56.2M	$274.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1150	−0.094%	$234K	$6K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.1198	+0.022%	$29.3M	$58.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.1200	+0.027%	$80.0M	$144.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.1180	−0.021%	$55.6M	$44.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1200	+0.027%	$68.5M	$127.0M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.1180	−0.021%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.1114	−0.182%	$7.6M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1110	−0.192%	$234K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1103	−0.208%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1130	−0.143%	$181K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1220	+0.076%	$199K	$3.1M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.1170	−0.046%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.1086	−0.249%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1090	−0.240%	$3.8M	$8.2M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1187	−0.005%	$3.7M	$14.6M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.1085	−0.252%	$199K	$61K	3x	as long as short
Arcus NEAR-USD	+0.0118%	1h	4.1220	+0.076%	$307K	$1.6M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0151%	1h	4.1110	−0.191%	$7.3M	$36.9M	50x	as long as short
01 Exchange NEARUSD	+0.0168%	1h	4.1210	+0.052%	$12K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.1100	−0.216%	$12.2M	$33.4M	75x	as long as short
Lighter RH NEAR	+0.0256%	1h	4.1198	+0.022%	$1.4M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0366%	1h	4.1166	−0.055%	$1.8M	$3.6M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0372% / S −0.0317%	1h	4.1097	−0.223%	$271K	—	100x	as long as short
RISEx NEAR/USDC	+0.0569%	1h	4.1217	+0.068%	$411K	$1.2M	10x	as long as short
Phoenix NEAR	+0.0582%	1h	4.1233	+0.107%	$1.7M	$2.8M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0740%	1h	4.1138	−0.123%	$1.4M	$5.7M	20x	as long as short
Lighter NEAR	+0.0760%	1h	4.1254	+0.158%	$15.2M	$23.0M	15x	as long as short
Hyperliquid NEAR	+0.0873%	1h	4.1263	+0.180%	$346.3M	$298.8M	10x	as long as short
Aftermath Perps NEARUSD	+0.0929%	1h	4.1231	+0.102%	$5K	$11K	10x	as long as short
HTX NEAR-USDT	+0.1073%	8h	4.1250	+0.149%	$443K	$3.7M	75x	as long as short