NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0473%/8h= +51.8% APRnext payment +$0.59 per $10,000 · paid last 24h −0.107%

Price spread now: Popdex against Kraken Futures−0.037%7-day average −0.022% · 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−$48as in the Price arb table

costs, in and out, $10k−$460.463% of the position

Long on Kraken Futures Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.214%−$21 on $10k

Price spread, last 4 days (all we have)−0.131%−$13 · spread now −0.037%, 7d avg −0.022%

Together, before fees−0.346%−$35 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.214%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_NEARUSD	4.5287	−0.0377	get 0.0047% / 1h	29m 00s	$7.3M	$36.7M	50x
Short	Popdex NEARUSDT	4.5270	0.0096	get 0.0012% / 1h	29m 00s	$120K	$525K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.037%Rate

Funding earned: $99.25
Price spread: −0.037% → −0.022%: −$1.5
Slippage, 4 orders: −$29.9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: $51.45
Costs to cover: 0.463%
Break-even: 3.4 days

Slippage from Kraken Futures: live order book, 3 min ago; Popdex: live order book, 13 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, 3 min ago	8.52 bp	13.5 bp −$14	18.0 bp −$180	40.3 bp −$4,031	7254.9 bp −$3.63M
Sell Popdex live order book, 13 min ago	3.28 bp	8.9 bp −$9	59.6 bp −$596	doesn't fit	doesn't fit

NEAR on 45 exchanges

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_NEARUSDlong	−0.0377%	1h	4.5287	long leg	$7.3M	$36.7M	50x
Reya NEARRUSDPERP	−0.0171%	1h	4.5282	−0.011%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.5181	−0.233%	$111K	$53K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.5180	−0.236%	$876K	$27.4M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0007%	1h	4.5275	−0.027%	$169K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−8.561%	$578	$301K	12x	as long as short
Popdex NEARUSDTshort	+0.0096%	1h	4.5270	−0.037%	$120K	$525K	50x
Aster NEARUSDT	+0.0100%	8h	4.5290	+0.007%	$2.6M	$5.2M	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.5279	−0.017%	$270.3M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.5292	+0.012%	$234.0M	$430.3M	75x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.5280	−0.015%	$64.8M	$309.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.5800	+1.133%	$282K	$25K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.5280	−0.015%	$42.0M	$64.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.5290	+0.007%	$76.9M	$175.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.5300	+0.029%	$54.7M	$44.5M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.5259	−0.061%	$75.5M	$129.0M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.5300	+0.029%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.5242	−0.099%	$8.8M	$15.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.5236	−0.112%	$255K	$879K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.5130	−0.346%	$1.5M	$1.9M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.5311	+0.053%	$199K	$4.2M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.5275	−0.026%	$56K	$254K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.5350	+0.140%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.5305	+0.040%	$6K	$36K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.5340	+0.117%	$470K	$3.8M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.5330	+0.095%	$3.2M	$8.5M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.5248	−0.086%	$33K	$389	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.5253	−0.076%	$3.8M	$15.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.5275	−0.026%	$211K	$34K	3x	as long as short
ApeX Omni NEARUSDT	+0.0106%	1h	4.5260	−0.059%	$171K	$821K	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0188% / S +0.0010%	1h	4.5287	+0.001%	$218K	—	100x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.5270	−0.037%	$13.2M	$32.4M	75x	as long as short
Arcus NEAR-USD	+0.0253%	1h	4.5290	+0.007%	$229K	$1.4M	10x	as long as short
Lighter RH NEAR	+0.0272%	1h	4.5366	+0.175%	$1.6M	$5.9M	10x	as long as short
01 Exchange NEARUSD	+0.0344%	1h	4.5306	+0.042%	$13K	$4K	10x	as long as short
Nado NEAR-PERP	+0.0354%	1h	4.5315	+0.062%	$1.8M	$3.2M	10x	as long as short
Hyperliquid NEAR	+0.0381%	1h	4.5328	+0.091%	$364.4M	$313.7M	10x	as long as short
RISEx NEAR/USDC	+0.0478%	1h	4.5292	+0.012%	$548K	$1.8M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0544%	1h	4.5282	−0.011%	$2.3M	$17.9M	50x	as long as short
Pacifica NEAR	+0.0687%	1h	4.5171	−0.256%	$427K	$1.2M	10x	as long as short
Lighter NEAR	+0.0704%	1h	4.5399	+0.247%	$17.9M	$26.7M	15x	as long as short
Phoenix NEAR	+0.0733%	1h	4.5235	−0.114%	$1.8M	$2.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0854%	1h	4.5323	+0.080%	$2.0M	$13.0M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0870%	1h	4.5353	+0.146%	$1.1M	$7.2M	20x	as long as short
Aftermath Perps NEARUSD	+0.0980%	1h	4.5360	+0.161%	$6K	$6K	10x	as long as short