NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0228%/8h= +24.9% APRnext payment +$0.28 per $10,000 · paid last 24h +0.095%

Price spread now: Kraken Futures against Extended+0.180%7-day average +0.087% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$450.454% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 4 days (all we have)+0.454%+$45 · spread now +0.180%, 7d avg +0.087%

Together, before fees+0.626%+ Points / potential airdropExtended: Active · farm board+$63 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.093% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.087%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NEAR-USD	4.4104	0.0360	pay 0.0045% / 1h	19m 32s	$3.9M	$19.7M	25x
Short	Kraken Futures PF_NEARUSD	4.4183	0.0588	get 0.0073% / 1h	19m 32s	$8.1M	$39.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.180%Rate

Funding earned: $47.84
Price spread: +0.180% → +0.087%: $9.25
Slippage, 4 orders: −$30.37
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $11.72
Costs to cover: 0.454%
Break-even: 5.3 days

Slippage from Extended: live order book, 5 min ago; Kraken Futures: 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 Extended live order book, 5 min ago	0.57 bp	7.1 bp −$7	11.1 bp −$111	819.7 bp −$82.0K	doesn't fit
Sell Kraken Futures live order book, 5 min ago	10.88 bp	16.2 bp −$16	18.1 bp −$181	51.1 bp −$5,113	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	4.4171	+0.151%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4042	−0.141%	$2.3M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4149	+0.102%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4069	−0.079%	$605K	$22.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4052	−0.118%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.108%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4180	+0.172%	$113K	$518K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4180	+0.173%	$420K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4240	+0.308%	$271.7M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4180	+0.172%	$222.2M	$424.4M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4180	+0.172%	$62.9M	$300.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4098	−0.013%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4139	+0.079%	$32.2M	$64.0M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4170	+0.150%	$74.5M	$149.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4150	+0.104%	$54.7M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4174	+0.159%	$72.6M	$130.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4150	+0.104%	—	$147.5M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4057	−0.107%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4206	+0.231%	$265K	$977K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4210	+0.240%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4130	+0.059%	$170K	$802K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4214	+0.249%	$249K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4173	+0.156%	$56K	$227K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4170	+0.150%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4220	+0.263%	$458K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4160	+0.127%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4141	+0.084%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4210	+0.240%	$206K	$40K	3x	as long as short
SoDEX NEAR-USD	+0.0124%	1h	4.4155	+0.116%	$8K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4110	+0.013%	$13.9M	$32.8M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0300%	1h	4.4159	+0.125%	$1.4M	$6.5M	20x	as long as short
Aster NEARUSDT	+0.0305%	8h	4.4169	+0.148%	$3.0M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0190%	1h	4.4046	−0.132%	$233K	—	100x	as long as short
Hyperliquid NEAR	+0.0322%	1h	4.4259	+0.352%	$365.1M	$324.6M	10x	as long as short
01 Exchange NEARUSD	+0.0328%	1h	4.4232	+0.290%	$13K	$7K	10x	as long as short
Extended NEAR-USDlong	+0.0360%	1h	4.4104	long leg	$3.9M	$19.7M	25x
Nado NEAR-PERP	+0.0536%	1h	4.4182	+0.178%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4190	+0.195%	$219K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSDshort	+0.0588%	1h	4.4183	+0.180%	$8.1M	$39.7M	50x
Lighter RH NEAR	+0.0624%	1h	4.4195	+0.206%	$1.5M	$7.2M	10x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4289	+0.419%	$1.8M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4192	+0.199%	$592K	$1.4M	10x	as long as short
Lighter NEAR	+0.0928%	1h	4.4210	+0.240%	$17.8M	$26.5M	15x	as long as short
Aftermath Perps NEARUSD	+0.1551%	1h	4.4114	+0.023%	$5K	$12K	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1585%	1h	4.4230	+0.286%	$2.0M	$7.3M	25x	as long as short