NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.142%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.152%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−$314as in the Price arb table

costs, in and out, $10k−$3033.029% of the position

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.345%−$34 on $10k

Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.152%, 7d avg −0.038%

Together, before fees−0.199%−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and gTrade (Gains Network) is 0.114% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.038%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_NEARUSD	4.3180	0.0017	pay 0.0002% / 1h	35m 30s	$7.1M	$38.3M	50x
Short	gTrade (Gains Network) NEAR/USD	4.3114	L +0.0004% / S −0.0006%	get 0.0001% / 1h	35m 30s	$161K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.152%Rate

Funding earned: −$2.18
Price spread: −0.152% → −0.038%: −$11.43
Slippage, 4 orders: −$282.86
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$316.47
Costs to cover: 3.029%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 3 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	7.41 bp	12.6 bp −$13	14.1 bp −$141	41.5 bp −$4,148	5815.4 bp −$2.91M
Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago	130.01 bp	137.7 bp −$138	1007.8 bp −$10.1K	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	4.3147	−0.077%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3189	+0.020%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USDshort	L +0.0004% / S −0.0006%	1h	4.3114	−0.152%	$161K	—	150x
Kraken Futures PF_NEARUSDlong	+0.0017%	1h	4.3180	long leg	$7.1M	$38.3M	50x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.099%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3200	+0.046%	$110K	$496K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3166	−0.033%	$217.9M	$430.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3150	−0.070%	$60.7M	$291.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3160	−0.047%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3200	+0.046%	$35.2M	$62.4M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NEARUSDTM	+0.0100%	8h	4.3230	+0.116%	$52.3M	$45.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3148	−0.074%	$71.4M	$128.2M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3217	+0.085%	$8.7M	$18.8M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3097	−0.192%	$250K	$899K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3207	+0.063%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3080	−0.232%	$164K	$815K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3214	+0.079%	$283K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3207	+0.062%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3210	+0.069%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3201	+0.049%	$5K	$53K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3240	+0.139%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.3212	+0.074%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3193	+0.030%	$3.6M	$17.2M	25x	as long as short
HTX NEAR-USDT	+0.0122%	8h	4.3190	+0.023%	$460K	$3.8M	75x	as long as short
Aevo NEAR-PERP	+0.0128%	1h	4.3217	+0.087%	$201K	$38K	3x	as long as short
Kalshi KXNEARPERP	+0.0185%	8h	4.3079	−0.234%	$935K	$25.2M	2.2x	as long as short
MEXC NEAR_USDT	+0.0193%	8h	4.3210	+0.069%	$83.4M	$150.7M	200x	as long as short
Binance NEARUSDT	+0.0193%	8h	4.3216	+0.082%	$262.3M	$1.09B	75x	as long as short
Aster NEARUSDT	+0.0195%	8h	4.3202	+0.051%	$2.7M	$4.8M	50x	as long as short
BingX NEAR-USDT	+0.0199%	8h	4.3200	+0.046%	—	$145.1M	—	as long as short
Hyperliquid NEAR	+0.0219%	1h	4.3228	+0.111%	$348.8M	$315.4M	10x	as long as short
01 Exchange NEARUSD	+0.0256%	1h	4.3211	+0.072%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0315% / S −0.0204%	1h	4.3121	−0.136%	$232K	—	100x	as long as short
BloFin NEAR-USDT	+0.0316%	8h	4.3110	−0.162%	$13.2M	$31.8M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0390%	1h	4.3262	+0.190%	$1.1M	$7.0M	20x	as long as short
Nado NEAR-PERP	+0.0448%	1h	4.3160	−0.046%	$1.7M	$3.2M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3137	−0.100%	$2.3M	$16.8M	50x	as long as short
Lighter RH NEAR	+0.0512%	1h	4.3262	+0.190%	$1.5M	$6.6M	10x	as long as short
Arcus NEAR-USD	+0.0638%	1h	4.3220	+0.093%	$226K	$1.6M	10x	as long as short
Lighter NEAR	+0.0704%	1h	4.3262	+0.190%	$17.0M	$25.1M	15x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3224	+0.103%	$407K	$1.5M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3179	−0.002%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3214	+0.078%	$599K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1093%	1h	4.3239	+0.137%	$1.9M	$13.2M	25x	as long as short
Aftermath Perps NEARUSD	+0.1248%	1h	4.3207	+0.063%	$5K	$7K	10x	as long as short