NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0508%/8h= −55.6% APRnext payment −$0.64 per $10,000 · paid last 24h 0.000%

Price spread now: Bulk against Extended+0.566%7-day average +0.064% · 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+$12as in the Price arb table

costs, in and out, $10k−$380.385% of the position

Long on Extended Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.005%+$1 on $10k

Price spread, last 4 days (all we have)−0.286%−$29 · spread now +0.566%, 7d avg +0.064%

Together, before fees−0.281%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bulk is 0.502% dearer against Extended than usual: you sell high and buy low (spread +0.566% now, against its 7-day average of +0.064%): +$50 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 3.3 days.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.005% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NEAR-USD	4.3632	0.0608	pay 0.0076% / 1h	56m 49s	$3.9M	$19.6M	25x
Short	Bulk NEAR-USD	4.3879	0.0100	get 0.0013% / 1h	56m 49s	$250K	−$0	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against Extended. 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 ExtendedbpFee BulkbpOrdersPrice spread, now +0.566%Rate

Funding earned: −$106.68
Price spread: +0.566% → +0.064%: $50.18
Slippage, 4 orders: −$26.45
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$94.95
Costs to cover: 0.385%
Break-even: from the start

Slippage from Extended: live order book, 2 min ago; Bulk: live order book, 62 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 Extended live order book, 2 min ago	0.46 bp	4.5 bp −$5	8.7 bp −$87	615.5 bp −$61.6K	doesn't fit
Sell Bulk live order book, 62 min ago	11.15 bp	14.6 bp −$15	14.6 bp −$146	14.6 bp −$1,465	31.4 bp −$15.7K

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	4.3654	+0.050%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3709	+0.176%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3579	−0.121%	$651K	$22.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3641	+0.020%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.092%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3520	−0.256%	$2.3M	$15.6M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3670	+0.087%	$112K	$498K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3616	−0.036%	$269.2M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3566	−0.151%	$220.2M	$423.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3560	−0.165%	$62.2M	$293.0M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk NEAR-USDshort	+0.0100%	1h	4.3879	+0.566%	$250K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.3572	−0.137%	$31.8M	$60.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3680	+0.110%	$74.9M	$143.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3660	+0.065%	$54.4M	$45.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3577	−0.126%	$71.6M	$129.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3580	−0.119%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3907	+0.631%	$8.5M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3935	+0.695%	$264K	$939K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3900	+0.615%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3920	+0.660%	$169K	$800K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3682	+0.115%	$244K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3544	−0.201%	$56K	$244K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3580	−0.119%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3760	+0.294%	$453K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3600	−0.073%	$3.7M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3697	+0.149%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3504	−0.294%	$202K	$40K	3x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0164%	1h	4.3508	−0.284%	$1.9M	$7.4M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3570	−0.142%	$13.7M	$32.2M	75x	as long as short
SoDEX NEAR-USD	+0.0230%	1h	4.3513	−0.272%	$8K	$52K	10x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3745	+0.260%	$416K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0312%	8h	4.3605	−0.062%	$2.9M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0319% / S −0.0191%	1h	4.3609	−0.053%	$232K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0463%	1h	4.3569	−0.144%	$1.3M	$6.4M	20x	as long as short
Hyperliquid NEAR	+0.0546%	1h	4.3633	+0.003%	$359.4M	$320.6M	10x	as long as short
01 Exchange NEARUSD	+0.0584%	1h	4.3743	+0.255%	$13K	$7K	10x	as long as short
Extended NEAR-USDlong	+0.0608%	1h	4.3632	long leg	$3.9M	$19.6M	25x
Arcus NEAR-USD	+0.0627%	1h	4.3720	+0.202%	$215K	$1.6M	10x	as long as short
Nado NEAR-PERP	+0.0667%	1h	4.3669	+0.086%	$1.9M	$3.1M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0709%	1h	4.3489	−0.328%	$7.8M	$39.7M	50x	as long as short
Phoenix NEAR	+0.0794%	1h	4.3982	+0.802%	$1.8M	$2.8M	10x	as long as short
Lighter RH NEAR	+0.0920%	1h	4.3573	−0.135%	$1.6M	$7.0M	10x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3727	+0.219%	$600K	$1.4M	10x	as long as short
Lighter NEAR	+0.1448%	1h	4.3700	+0.157%	$17.6M	$24.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.1633%	1h	4.3862	+0.527%	$5K	$12K	10x	as long as short