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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0092%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.028%
Price spread now: Popdex against gTrade (Gains Network)+0.259%50s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2912.910% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.094%+$9 on $10k
Price spread, last 4 days (all we have)−0.369%−$37 · spread now +0.259%, 7d avg +0.013%
Together, before fees−0.275%−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Popdex is 0.246% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.013%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.3108L +0.0004% / S −0.0006%pay 0.0001% / 1h0m 31s$161K150x
ShortPopdex NEARUSDT4.32200.0096get 0.0012% / 1h0m 31s$105K$492K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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

Funding earned
$19.26
Price spread: +0.259% → +0.013%
$24.57
Slippage, 4 orders
−$274.58
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$247.16
Costs to cover
2.910%
Break-even
96.8 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 43 min ago; Popdex: live order book, 43 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 gTrade (Gains Network) virtual book (oracle venue), 43 min ago130.01 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.5Kdoesn't fit
Sell Popdex live order book, 43 min ago3.34 bp7.9 bp −$853.2 bp −$532doesn't fitdoesn't fit

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%1h4.3108−0.001%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3136+0.065%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0006%1h4.3108long leg$161K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.940%$578$301K12xas long as short
Popdex NEARUSDTshort+0.0096%1h4.3220+0.259%$105K$492K50x
Bybit NEARUSDT+0.0100%8h4.3194+0.199%$218.3M$431.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3180+0.166%$60.7M$290.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3150+0.098%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3188+0.185%$35.2M$62.5M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3220+0.259%$52.3M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3191+0.192%$71.5M$128.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.3137+0.068%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3231+0.285%$251K$906K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3225+0.272%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3400+0.677%$163K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3219+0.257%$288K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3142+0.078%$57K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3230+0.282%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3135+0.062%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3250+0.329%$457K$3.8M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3170+0.143%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0103%8h4.3187+0.183%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3206+0.227%$3.6M$17.8M25xas long as short
Aevo NEAR-PERP+0.0136%1h4.3157+0.113%$201K$38K3xas long as short
BingX NEAR-USDT+0.0203%8h4.3210+0.236%$144.8Mas long as short
MEXC NEAR_USDT+0.0212%8h4.3220+0.259%$75.2M$151.2M200xas long as short
Binance NEARUSDT+0.0213%8h4.3233+0.290%$263.0M$1.09B75xas long as short
Kalshi KXNEARPERP+0.0215%8h4.3152+0.101%$945K$25.1M2.2xas long as short
Aster NEARUSDT+0.0250%8h4.3201+0.214%$2.8M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0313% / S −0.0200%1h4.3102−0.014%$230K100xas long as short
BloFin NEAR-USDT+0.0332%8h4.3170+0.143%$13.5M$32.0M75xas long as short
Backpack NEAR_USDC_PERP+0.0394%1h4.3164+0.129%$1.3M$6.9M20xas long as short
Hyperliquid NEAR+0.0423%1h4.3233+0.289%$351.1M$315.0M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.3142+0.078%$2.3M$16.5M50xas long as short
01 Exchange NEARUSD+0.0432%1h4.3253+0.336%$13K$7K10xas long as short
Nado NEAR-PERP+0.0538%1h4.3191+0.192%$1.6M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0677%1h4.3111+0.006%$7.1M$38.3M50xas long as short
Lighter NEAR+0.0728%1h4.3209+0.235%$17.0M$25.6M15xas long as short
Lighter RH NEAR+0.0824%1h4.3196+0.203%$1.5M$6.8M10xas long as short
Arcus NEAR-USD+0.0880%1h4.3260+0.352%$228K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0887%1h4.3150+0.097%$1.9M$13.0M25xas long as short
Phoenix NEAR+0.1003%1h4.3312+0.473%$1.8M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.3166+0.133%$398K$1.4M10xas long as short
RISEx NEAR/USDC+0.1259%1h4.3259+0.350%$655K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1289%1h4.3324+0.500%$5K$12K10xas long as short