NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0583%/8h= +63.8% APRnext payment +$0.73 per $10,000 · paid last 24h +0.124%

Price spread now: Kraken Futures against gTrade (Gains Network)−0.140%7-day average +0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$327as in the Price arb table

costs, in and out, $10k−$3103.097% of the position

Long on gTrade (Gains Network)Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.311%+$31 on $10k

Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.140%, 7d avg +0.038%

Together, before fees+0.521%+$52 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.178% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of +0.038%). If the spread goes back, that is −$18 on $10k: about 24 hours of funding at the current rate (+$17 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) NEAR/USD	4.4299	L +0.0004% / S −0.0006%	pay 0.0001% / 1h	40m 13s	$166K	—	150x
Short	Kraken Futures PF_NEARUSD	4.4237	0.0587	get 0.0073% / 1h	40m 13s	$8.2M	$39.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.140%Rate

Funding earned: $122.4
Price spread: −0.140% → +0.038%: −$17.76
Slippage, 4 orders: −$289.67
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$205.03
Costs to cover: 3.097%
Break-even: 18.7 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 19 min ago; Kraken Futures: 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), 19 min ago	130.01 bp	135.0 bp −$135	875.9 bp −$8,759	9405.5 bp −$940.5K	doesn't fit
Sell Kraken Futures live order book, 4 min ago	11.08 bp	20.4 bp −$20	24.0 bp −$240	55.8 bp −$5,583	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	4.4284	−0.034%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4428	+0.291%	$2.2M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4566	+0.603%	$110K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4524	+0.508%	$623K	$21.9M	2.2x	as long as short
gTrade (Gains Network) NEAR/USDlong	L +0.0004% / S −0.0006%	1h	4.4299	long leg	$166K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.521%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4480	+0.409%	$117K	$516K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4565	+0.602%	$426K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4345	+0.104%	$271.2M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4281	−0.040%	$222.7M	$424.2M	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	4.4260	−0.088%	$63.2M	$300.3M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4550	+0.567%	$254K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4315	+0.036%	$32.1M	$63.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4360	+0.138%	$74.6M	$148.0M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4390	+0.206%	$55.1M	$46.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4261	−0.086%	$72.8M	$130.1M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4320	+0.048%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4567	+0.605%	$8.7M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4571	+0.614%	$267K	$976K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4375	+0.171%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4230	−0.156%	$170K	$793K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4331	+0.072%	$239K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4314	+0.034%	$56K	$229K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4390	+0.206%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4242	−0.128%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4340	+0.093%	$461K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4270	−0.065%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4529	+0.518%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4315	+0.036%	$206K	$40K	3x	as long as short
Hyperliquid NEAR	+0.0182%	1h	4.4366	+0.151%	$366.4M	$327.1M	10x	as long as short
Extended NEAR-USD	+0.0200%	1h	4.4268	−0.070%	$4.0M	$19.6M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4590	+0.657%	$14.1M	$33.3M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0224%	1h	4.4619	+0.723%	$1.4M	$6.6M	20x	as long as short
01 Exchange NEARUSD	+0.0240%	1h	4.4538	+0.540%	$13K	$7K	10x	as long as short
Aster NEARUSDT	+0.0300%	8h	4.4559	+0.588%	$3.1M	$5.5M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0314%	1h	4.4320	+0.048%	$2.0M	$6.8M	25x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0330% / S −0.0217%	1h	4.4309	+0.022%	$248K	—	100x	as long as short
Lighter RH NEAR	+0.0472%	1h	4.4282	−0.038%	$1.5M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0517%	1h	4.4278	−0.048%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4670	+0.838%	$221K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSDshort	+0.0587%	1h	4.4237	−0.140%	$8.2M	$39.9M	50x
Phoenix NEAR	+0.0794%	1h	4.4521	+0.501%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.0824%	1h	4.4315	+0.036%	$17.8M	$26.2M	15x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4523	+0.506%	$565K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1555%	1h	4.4580	+0.634%	$6K	$12K	10x	as long as short