Funding arb · Price arb / Crypto

NEAR

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LONGgTrade (Gains Network)▾Kraken Futures −0.0173%Injective −0.0131%RISEx −0.0108%Phemex −0.0042%dYdX 0.0000%Kalshi 0.0000%Deribit +0.0032%Orderly +0.0047%BingX +0.0080%Lighter +0.0096%Lighter RH +0.0096%Popdex +0.0096%Paradex +0.0098%Nado +0.0100%Hyperliquid +0.0100%Aster +0.0100%Pacifica +0.0100%Binance +0.0100%Bybit +0.0100%OKX +0.0100%Arcus +0.0100%Gate +0.0100%MEXC +0.0100%KuCoin +0.0100%Bitget +0.0100%Variational Omni +0.0100%edgeX +0.0100%GRVT +0.0100%ApeX Omni +0.0100%Polymarket Perps +0.0100%SunX +0.0100%SoDEX +0.0100%HTX +0.0100%Extended +0.0104%N1 +0.0104%Aevo +0.0104%Avantis +0.0146%GMX +0.0175%BloFin +0.0220%Phoenix +0.0274%Backpack +0.0372%gTrade (Gains Network) +0.0415%Aftermath Perps +0.0925%Coinbase International +0.8824%

⇄⇅

SHORTBullet▾Coinbase International +0.8824%Aftermath Perps +0.0925%Backpack +0.0372%Phoenix +0.0274%BloFin +0.0220%Extended +0.0104%N1 +0.0104%Aevo +0.0104%Hyperliquid +0.0100%Aster +0.0100%Pacifica +0.0100%Binance +0.0100%Bybit +0.0100%OKX +0.0100%Arcus +0.0100%Gate +0.0100%MEXC +0.0100%KuCoin +0.0100%Bitget +0.0100%Variational Omni +0.0100%edgeX +0.0100%GRVT +0.0100%ApeX Omni +0.0100%Polymarket Perps +0.0100%SunX +0.0100%SoDEX +0.0100%HTX +0.0100%Nado +0.0100%Paradex +0.0098%Popdex +0.0096%Lighter +0.0096%Lighter RH +0.0096%GMX −0.0082%BingX +0.0080%Bullet +0.0066%Avantis −0.0059%Orderly +0.0047%Deribit +0.0032%dYdX 0.0000%Kalshi 0.0000%Phemex −0.0042%RISEx −0.0108%Injective −0.0131%Kraken Futures −0.0173%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	gTrade (Gains Network)NEAR/USD	5.3277	L +0.0415S −0.0106	pay 0.0052% / 1h	48m 46s	$49K	$132K	150x	Long gTrade (Gains Network)
SHORT	BulletNEAR-USD	5.3256	+0.0066	get 0.0008% / 1h	48m 46s	$53K	$197K	20x	Short Bullet

Price gap−0.038%

Funding gap−0.0349% /8h

Both sides work against this direction now: funding costs $10 a day on $10k and the gap is 0.031% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.011% in total, about +0.0006%/8h on average.

Price and funding

Price spreadPricesFundingLeg ratesP&L

1m5m15m

1h · loading 5m…

24H3D7D14D30D90D

Price spread?

Prices?

Funding?per 8h

P&L?

PRICE SPREAD · 7D

Now−0.038%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

gTrade (Gains Network)Bullet

NEAR on 45 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

• !
  Watch: Thin at this size135.0 / 5.9 bp

  At $10k entering gTrade (Gains Network) costs 135.0 bp, fee and slippage, 23.0× Bullet’s.
• i
  Note: Margin at max leverage$67 + $500

  gTrade (Gains Network) 150x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long gTrade (Gains Network) · 1h−$12.44

  Short Bullet · 1h+$1.98

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$10.46Long gTrade (Gains Network): 24 payments, −$12.44; short Bullet: 24 payments, +$1.98.
• !
  Watch: Gap narrower than usual−0.038% vs −0.007%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Long leg is thinner$49K vs $53K OI

  gTrade (Gains Network) sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• ✓
  OK: No KYC on either leggTrade (Gains Network) No · Bullet No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0006%/8h × 21 periods+$1.21

Price spread−0.038% → −0.007% (7d avg)−$3.12

Slippage, 4 orderslive order books−$266.22

Fee gTrade (Gains Network) bp × 2 orders−$10.00

Fee Bullet bp × 2 orders−$8.00

Net · 7 days · $10k−$286.13

Costs to cover2.842%Break-even1662.1 days

Slippage: gTrade (Gains Network): virtual book (oracle exchange), 14 min ago; Bullet: live order book, 14 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGgTrade (Gains Network)130.01135.0 bp−$135875.9 bp−$8,7599405.5 bp−$940.5Kdoesn’t fit

SELL · SHORTBullet1.135.9 bp−$69.0 bp−$90doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

NEAR news

posts that mention NEAR, from every exchangeSearch all news →

09-30 02:45	MEXC	Other	Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗
09-30 01:05	Reya	Listing	NEARRUSDPERP no longer reported ($NEAR) seen by our collector
09-29 11:00	Bulk	Listing	NEAR-USD no longer reported ($NEAR) seen by our collector
09-28 18:50	Aevo	Other	bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-28 14:46	RISEx	Other	This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗
09-28 03:00	MEXC	Other	NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗