NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0230%/8h= −25.2% APRnext payment −$2.30 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against KuCoin+0.047%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$640.638% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days−0.042%−$4 · spread now +0.047%, 7d avg −0.027%

Together, before fees−0.039%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.075% dearer against KuCoin than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.027%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 26 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NEARUSDTM	4.2290	0.0100	pay 0.0100% / 8h	7h 36m	$55.3M	$43.0M	75x
Short	Gate NEAR_USDT	4.2310	−0.0130	pay 0.0130% / 8h	7h 36m	$30.4M	$59.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now +0.047%Rate

Funding earned: −$48.3
Price spread: +0.047% → −0.027%: $7.47
Slippage, 4 orders: −$36.79
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$104.62
Costs to cover: 0.638%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 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 KuCoin live order book, 3 min ago	2.34 bp	15.8 bp −$16	36.3 bp −$363	99.1 bp −$9,914	doesn't fit
Sell Gate live order book, 3 min ago	2.58 bp	17.0 bp −$17	31.1 bp −$311	45.4 bp −$4,540	60.9 bp −$30.4K

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	4.2248	−0.100%	$2K	—	20x	as long as short
Bybit NEARUSDT	−0.0170%	8h	4.2160	−0.307%	$214.1M	$417.7M	75x	as long as short
Kraken Futures PF_NEARUSD	−0.0133%	1h	4.2315	+0.059%	$7.2M	$37.4M	50x	as long as short
Gate NEAR_USDTshort	−0.0130%	8h	4.2310	+0.047%	$30.4M	$59.1M	75x
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.2347	+0.135%	$2.2M	$13.0M	50x	as long as short
01 Exchange NEARUSD	−0.0032%	1h	4.2250	−0.095%	$12K	$7K	10x	as long as short
Variational Omni NEAR	−0.0004%	8h	4.2298	+0.020%	$7.9M	$18.8M	—	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2324	+0.080%	$110K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2336	+0.109%	$417K	$18.6M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2338	+0.114%	$200K	—	150x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−2.081%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2240	−0.118%	$110K	$481K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.2397	+0.253%	$56K	$193K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0099%	8h	4.2278	−0.029%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2331	+0.097%	$2.9M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2321	+0.074%	$396K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2247	−0.103%	$251.2M	$1.07B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2180	−0.260%	$60.0M	$274.8M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2280	−0.024%	$194K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2709	+0.992%	$243K	−$0	10x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2320	+0.071%	$76.9M	$139.2M	200x	as long as short
KuCoin NEARUSDTMlong	+0.0100%	8h	4.2290	long leg	$55.3M	$43.0M	75x
Bitget NEARUSDT	+0.0100%	8h	4.2326	+0.085%	$70.3M	$124.9M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2380	+0.213%	—	$141.5M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2741	+1.067%	$275K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2750	+1.088%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2800	+1.206%	$179K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2268	−0.052%	$190K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2410	+0.284%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2330	+0.095%	$5K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.2320	+0.071%	$451K	$3.6M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2321	+0.074%	$3.8M	$17.0M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2350	+0.142%	$197K	$28K	3x	as long as short
Hyperliquid NEAR	+0.0157%	1h	4.2351	+0.144%	$357.1M	$301.5M	10x	as long as short
Phemex NEARUSDT	+0.0212%	8h	4.2310	+0.047%	$3.8M	$8.6M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2470	+0.426%	$13.1M	$28.6M	75x	as long as short
Lighter RH NEAR	+0.0328%	1h	4.2374	+0.199%	$1.6M	$6.9M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0371% / S −0.0308%	1h	4.2351	+0.144%	$269K	—	100x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0387%	1h	4.2414	+0.293%	$1.9M	$3.2M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0412%	1h	4.2492	+0.478%	$1.3M	$5.7M	20x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.2261	−0.069%	$399K	$1.2M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.2790	+1.182%	$1.8M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0536%	1h	4.2245	−0.106%	$1.8M	$3.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1336%	1h	4.2684	+0.933%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1936%	1h	4.2372	+0.195%	$16.9M	$24.0M	15x	as long as short