NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.32 per $10,000 · paid last 24h +0.004%

Price spread now: MEXC against Gate−0.032%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$470.467% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 7 days+0.040%+$4 · spread now −0.032%, 7d avg +0.010%

Together, before fees+0.035%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.042% cheaper against Gate than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.010%). If the spread goes back, that is −$4 on $10k: about 4.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NEAR_USDT	4.3684	0.0100	pay 0.0100% / 8h	7h 51m	$36.2M	$61.6M	75x
Short	MEXC NEAR_USDT	4.3670	0.0132	get 0.0132% / 8h	7h 51m	$90.1M	$152.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now −0.032%Rate

Funding earned: $6.72
Price spread: −0.032% → +0.010%: −$4.2
Slippage, 4 orders: −$31.75
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$44.23
Costs to cover: 0.467%
Break-even: 53.1 days

Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 2 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 Gate live order book, 2 min ago	3.78 bp	15.2 bp −$15	24.3 bp −$243	45.1 bp −$4,506	59.8 bp −$29.9K
Sell MEXC live order book, 2 min ago	1.15 bp	3.2 bp −$3	10.4 bp −$104	21.4 bp −$2,139	69.8 bp −$34.9K

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
Kraken Futures PF_NEARUSD	−0.0433%	1h	4.3649	−0.081%	$7.2M	$38.6M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3658	−0.059%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3608	−0.174%	$107K	$67K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3618	−0.151%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.206%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3630	−0.124%	$119K	$500K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3669	−0.034%	$2.7M	$4.8M	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3674	−0.023%	$220.3M	$429.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3680	−0.009%	$61.6M	$296.7M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3690	+0.014%	$229K	$1.5M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bulk NEAR-USD	+0.0100%	1h	4.3688	+0.009%	$252K	$3K	10x	as long as short
Gate NEAR_USDTlong	+0.0100%	8h	4.3684	long leg	$36.2M	$61.6M	75x
KuCoin NEARUSDTM	+0.0100%	8h	4.3700	+0.037%	$52.9M	$45.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3686	+0.005%	$72.2M	$127.6M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3578	−0.243%	$8.9M	$18.5M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3594	−0.206%	$253K	$893K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3697	+0.029%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3570	−0.261%	$166K	$816K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3635	−0.112%	$272K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3685	+0.002%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3670	−0.032%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3660	−0.055%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3690	+0.014%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3600	−0.192%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3654	−0.068%	$3.6M	$16.1M	25x	as long as short
Aevo NEAR-PERP	+0.0112%	1h	4.3675	−0.021%	$203K	$40K	3x	as long as short
Binance NEARUSDT	+0.0129%	8h	4.3680	−0.009%	$263.6M	$1.09B	75x	as long as short
MEXC NEAR_USDTshort	+0.0132%	8h	4.3670	−0.032%	$90.1M	$152.9M	200x
BingX NEAR-USDT	+0.0138%	8h	4.3670	−0.032%	—	$82.9M	—	as long as short
Hyperliquid NEAR	+0.0147%	1h	4.3720	+0.082%	$352.3M	$316.5M	10x	as long as short
Kalshi KXNEARPERP	+0.0156%	8h	4.3664	−0.046%	$925K	$25.1M	2.2x	as long as short
BloFin NEAR-USDT	+0.0252%	8h	4.3650	−0.078%	$13.4M	$32.2M	75x	as long as short
01 Exchange NEARUSD	+0.0304%	1h	4.3647	−0.085%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0327%	1h	4.3645	−0.089%	$1.7M	$3.2M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0346% / S −0.0247%	1h	4.3661	−0.054%	$255K	—	100x	as long as short
Lighter RH NEAR	+0.0376%	1h	4.3710	+0.060%	$1.5M	$6.4M	10x	as long as short
HTX NEAR-USDT	+0.0414%	8h	4.3790	+0.243%	$463K	$3.8M	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3687	+0.007%	$2.3M	$17.0M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0547%	1h	4.3735	+0.117%	$1.1M	$7.2M	20x	as long as short
Lighter NEAR	+0.0648%	1h	4.3727	+0.098%	$17.2M	$23.8M	15x	as long as short
RISEx NEAR/USDC	+0.0656%	1h	4.3632	−0.118%	$592K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0701%	1h	4.3612	−0.164%	$411K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0735%	1h	4.3708	+0.055%	$1.9M	$13.1M	25x	as long as short
Phoenix NEAR	+0.0740%	1h	4.3754	+0.160%	$1.8M	$2.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1102%	1h	4.3681	−0.007%	$5K	$7K	10x	as long as short