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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0312%/8h= −34.2% APRnext payment $0.39 per $10,000 · paid last 24h −0.026%
Price spread now: dYdX against Extended+0.015%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1961.965% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.185%−$19 on $10k
Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.015%, 7d avg +0.047%
Together, before fees−0.160%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and dYdX is 0.033% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.40160.0312pay 0.0039% / 1h24m 12s$3.9M$19.7M25x
ShortdYdX NEAR-USD4.40220get 0.0000% / 1h24m 12s$109K$70K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$65.52
Price spread: +0.015% → +0.047%
−$3.26
Slippage, 4 orders
−$181.47
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$265.25
Costs to cover
1.965%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; dYdX: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 5 min ago4.11 bp7.8 bp −$810.4 bp −$104949.4 bp −$94.9Kdoesn't fit
Sell dYdX live order book, 35 min ago84.80 bp91.0 bp −$91134.1 bp −$1,341138.4 bp −$13.8K159.1 bp −$79.6K

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%1h4.4062+0.105%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4046+0.069%$2.3M$15.4M50xas long as short
dYdX NEAR-USDshort0.0000%1h4.4022+0.015%$109K$70K10x
Kalshi KXNEARPERP0.0000%8h4.4084+0.155%$587K$22.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4039+0.053%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.920%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4090+0.169%$113K$517K50xas long as short
Pacifica NEAR+0.0100%1h4.4087+0.163%$421K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4110+0.214%$270.8M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4080+0.146%$221.6M$424.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4070+0.123%$62.6M$299.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4098+0.187%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4057+0.094%$32.0M$63.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4090+0.169%$74.3M$149.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4070+0.123%$54.8M$46.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4125+0.248%$72.5M$130.4M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4060+0.101%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3777−0.543%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3892−0.282%$263K$976K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3860−0.354%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3820−0.445%$168K$801K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4113+0.221%$234K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4063+0.107%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4180+0.373%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4065+0.112%$8K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4180+0.373%$458K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4100+0.192%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4018+0.005%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4088+0.165%$205K$40K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.4040+0.055%$13.9M$32.8M75xas long as short
Hyperliquid NEAR+0.0260%1h4.4132+0.264%$363.9M$324.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0271%1h4.4080+0.146%$1.3M$6.5M20xas long as short
Aster NEARUSDT+0.0291%8h4.4120+0.237%$3.0M$5.6M50xas long as short
01 Exchange NEARUSD+0.0304%1h4.4151+0.307%$13K$7K10xas long as short
Extended NEAR-USDlong+0.0312%1h4.4016long leg$3.9M$19.7M25x
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0191%1h4.4038+0.052%$232K100xas long as short
Nado NEAR-PERP+0.0532%1h4.4085+0.157%$1.9M$3.1M10xas long as short
Lighter RH NEAR+0.0568%1h4.4130+0.260%$1.5M$7.2M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4150+0.305%$218K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0589%1h4.4099+0.188%$8.1M$39.8M50xas long as short
Phoenix NEAR+0.0794%1h4.3965−0.115%$1.8M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0795%1h4.4080+0.146%$2.0M$7.3M25xas long as short
Lighter NEAR+0.0896%1h4.4122+0.241%$17.8M$26.5M15xas long as short
RISEx NEAR/USDC+0.0926%1h4.4144+0.292%$585K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1512%1h4.4047+0.071%$5K$12K10xas long as short