NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.14 per $10,000 · paid last 24h −0.077%

Price spread now: Aevo against Kraken Futures+0.056%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$750.745% of the position

Long on Kraken Futures Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.145%−$14 on $10k

Price spread, last 3 days (all we have)−0.079%−$8 · spread now +0.056%, 7d avg −0.028%

Together, before fees−0.224%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aevo is 0.083% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.028%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_NEARUSD	4.3396	0.0218	pay 0.0027% / 1h	45m 12s	$7.7M	$39.6M	50x
Short	Aevo NEAR-PERP	4.3420	0.0104	get 0.0013% / 1h	45m 12s	$202K	$34K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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 Kraken FuturesbpFee AevobpOrdersPrice spread, now +0.056%Rate

Funding earned: −$23.95
Price spread: +0.056% → −0.028%: $8.33
Slippage, 4 orders: −$48.51
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$90.12
Costs to cover: 0.745%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; Aevo: live order book, 24 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 Kraken Futures live order book, 4 min ago	5.54 bp	13.7 bp −$14	14.7 bp −$147	55.0 bp −$5,503	5520.4 bp −$2.76M
Sell Aevo live order book, 24 min ago	10.43 bp	21.1 bp −$21	87.6 bp −$876	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	−0.106%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3415	+0.044%	$2.2M	$13.5M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3451	+0.128%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3475	+0.183%	$521K	$19.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3409	+0.030%	$201K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.576%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0040%	8h	4.3438	+0.098%	$8.2M	$19.1M	—	as long as short
Phemex NEARUSDT	+0.0089%	8h	4.3340	−0.128%	$3.8M	$8.3M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3420	+0.056%	$116K	$477K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3430	+0.079%	$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	4.3485	+0.205%	$411K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3370	−0.059%	$258.1M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3380	−0.036%	$220.7M	$418.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3380	−0.036%	$61.4M	$280.6M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3500	+0.240%	$206K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3300	−0.221%	$247K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3392	−0.009%	$31.2M	$60.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3390	−0.013%	$76.9M	$137.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3420	+0.056%	$55.8M	$42.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3411	+0.035%	$71.9M	$123.4M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3400	+0.010%	—	$142.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3320	−0.175%	$260K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3229	−0.384%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3310	−0.198%	$179K	$778K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3434	+0.088%	$206K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3480	+0.194%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3395	−0.002%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3460	+0.148%	$442K	$3.9M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3454	+0.134%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0103%	8h	4.3456	+0.139%	$3.0M	$5.8M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3382	−0.031%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERPshort	+0.0104%	1h	4.3420	+0.056%	$202K	$34K	3x
Kraken Futures PF_NEARUSDlong	+0.0218%	1h	4.3396	long leg	$7.7M	$39.6M	50x
BloFin NEAR-USDT	+0.0220%	8h	4.3220	−0.405%	$13.2M	$27.6M	75x	as long as short
Nado NEAR-PERP	+0.0334%	1h	4.3356	−0.091%	$1.9M	$3.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0359% / S −0.0277%	1h	4.3391	−0.010%	$260K	—	100x	as long as short
01 Exchange NEARUSD	+0.0384%	1h	4.3479	+0.192%	$13K	$7K	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3463	+0.154%	$541K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3533	+0.316%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0760%	1h	4.3423	+0.063%	$1.6M	$6.9M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0764%	1h	4.3440	+0.102%	$1.9M	$4.1M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0854%	1h	4.3485	+0.206%	$1.4M	$6.0M	20x	as long as short
Hyperliquid NEAR	+0.0861%	1h	4.3458	+0.143%	$368.6M	$303.3M	10x	as long as short
Lighter NEAR	+0.1432%	1h	4.3482	+0.199%	$17.3M	$24.6M	15x	as long as short
Aftermath Perps NEARUSD	+0.1437%	1h	4.3308	−0.202%	$5K	$12K	10x	as long as short