NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.5% APRnext payment −$0.09 per $10,000 · paid last 24h −0.018%

Price spread now: Coinbase International against gTrade (Gains Network)+0.015%7-day average −0.018% · 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−$296as in the Price arb table

costs, in and out, $10k−$2992.989% of the position

Long on gTrade (Gains Network)Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.077%−$8 on $10k

Price spread, last 3 days (all we have)−0.027%−$3 · spread now +0.015%, 7d avg −0.018%

Together, before fees−0.104%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.032% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.018%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) NEAR/USD	4.3409	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	44m 48s	$201K	—	150x
Short	Coinbase International NEAR-PERP-INTX	4.3415	−0.0064	pay 0.0008% / 1h	44m 48s	$2.2M	$13.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee Coinbase InternationalbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$14.33
Price spread: +0.015% → −0.018%: $3.22
Slippage, 4 orders: −$278.85
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$309.96
Costs to cover: 2.989%
Break-even: never at this rate

Slippage from gTrade (Gains Network): virtual book (oracle venue), 24 min ago; Coinbase International: live order book, 4 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 gTrade (Gains Network) virtual book (oracle venue), 24 min ago	130.01 bp	135.0 bp −$135	875.9 bp −$8,759	9405.5 bp −$940.6K	doesn't fit
Sell Coinbase International live order book, 4 min ago	5.31 bp	13.9 bp −$14	20.8 bp −$208	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	4.3350	−0.136%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTXshort	−0.0064%	1h	4.3415	+0.015%	$2.2M	$13.5M	50x
dYdX NEAR-USD	0.0000%	1h	4.3256	−0.351%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3475	+0.153%	$521K	$19.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USDlong	L +0.0004% / S −0.0004%	1h	4.3409	long leg	$201K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.604%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0040%	8h	4.3438	+0.068%	$8.2M	$19.1M	—	as long as short
Phemex NEARUSDT	+0.0089%	8h	4.3340	−0.158%	$3.8M	$8.3M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3420	+0.026%	$116K	$477K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3430	+0.049%	$58K	$161K	20x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.3308	−0.233%	$409K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3304	−0.241%	$259.2M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3240	−0.389%	$220.1M	$419.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3230	−0.412%	$61.3M	$279.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3500	+0.210%	$206K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3300	−0.250%	$247K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3281	−0.294%	$31.1M	$60.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3260	−0.343%	$76.5M	$137.4M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3340	−0.158%	$55.7M	$42.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3319	−0.207%	$71.8M	$123.4M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3310	−0.227%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3320	−0.205%	$260K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3229	−0.414%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3310	−0.227%	$179K	$778K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3434	+0.058%	$206K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3480	+0.164%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3395	−0.032%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3460	+0.118%	$442K	$3.9M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3225	−0.424%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0102%	8h	4.3280	−0.296%	$3.0M	$5.8M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3214	−0.449%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3420	+0.026%	$202K	$34K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0218%	1h	4.3396	−0.030%	$7.7M	$39.6M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3220	−0.435%	$13.2M	$27.6M	75x	as long as short
Nado NEAR-PERP	+0.0334%	1h	4.3356	−0.121%	$1.9M	$3.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0359% / S −0.0277%	1h	4.3391	−0.040%	$260K	—	100x	as long as short
01 Exchange NEARUSD	+0.0384%	1h	4.3479	+0.162%	$13K	$7K	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3463	+0.124%	$541K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3533	+0.286%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0760%	1h	4.3356	−0.121%	$1.6M	$6.9M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0764%	1h	4.3440	+0.072%	$1.9M	$4.1M	25x	as long as short
Hyperliquid NEAR	+0.0844%	1h	4.3383	−0.059%	$365.8M	$304.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0849%	1h	4.3435	+0.061%	$1.3M	$6.0M	20x	as long as short
Aftermath Perps NEARUSD	+0.1437%	1h	4.3308	−0.232%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1456%	1h	4.3394	−0.034%	$17.3M	$24.6M	15x	as long as short