Settings8H · net · $10k
Funding arb · Price arb /

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against MEXC−0.007%49s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$180.182% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 7 days−0.017%−$2 · spread now −0.007%, 7d avg +0.025%
Together, before fees−0.006%−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.032% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.025%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEAR_USDT4.35900.0100pay 0.0100% / 8h3h 27m$73.3M$145.3M200x
ShortPolymarket Perps NEAR-USD4.35870.0100get 0.0013% / 1h27m 30s$280K$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against MEXC. 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

Funding earned
$0
Price spread: −0.007% → +0.025%
−$3.23
Slippage, 4 orders
−$10.19
Fee MEXC: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$21.42
Costs to cover
0.182%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Polymarket Perps: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago1.15 bp1.1 bp −$13.4 bp −$3412.3 bp −$1,23254.1 bp −$27.1K
Sell Polymarket Perps live order book, 1 min ago3.10 bp7.6 bp −$89.4 bp −$94doesn't fitdoesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3537−0.122%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3529−0.141%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3517−0.168%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.001%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3653+0.145%$2.4M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.35900.000%$110K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3632+0.097%$267.5M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3594+0.009%$216.0M$428.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3600+0.023%$61.8M$293.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3412−0.408%$247K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3559−0.071%$32.3M$61.2M75xas long as short
MEXC NEAR_USDTlong+0.0100%8h4.3590long leg$73.3M$145.3M200x
KuCoin NEARUSDTM+0.0100%8h4.35900.000%$54.0M$46.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3554−0.083%$71.6M$129.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3570−0.046%$145.9Mas long as short
Variational Omni NEAR+0.0100%8h4.3637+0.109%$8.4M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3625+0.081%$255K$946K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3589−0.001%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3600+0.023%$168K$798K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.3587−0.007%$280K$3.9M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.3546−0.101%$58K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3660+0.161%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3690+0.229%$474K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3550−0.092%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3543−0.108%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3558−0.073%$203K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3630+0.092%$13.6M$32.4M75xas long as short
Pacifica NEAR+0.0263%1h4.3583−0.016%$409K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0283%8h4.3581−0.021%$783K$23.3M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0326% / S −0.0203%1h4.3514−0.175%$236K100xas long as short
Aster NEARUSDT+0.0332%8h4.3600+0.023%$2.9M$5.5M50xas long as short
SoDEX NEAR-USD+0.0382%1h4.3519−0.163%$8K$49K10xas long as short
01 Exchange NEARUSD+0.0528%1h4.3642+0.119%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0563%1h4.3573−0.039%$1.3M$6.7M20xas long as short
Nado NEAR-PERP+0.0567%1h4.3580−0.023%$1.8M$3.2M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3610+0.046%$214K$1.6M10xas long as short
Hyperliquid NEAR+0.0640%1h4.3613+0.053%$357.6M$317.7M10xas long as short
Extended NEAR-USD+0.0648%1h4.3542−0.109%$3.8M$20.0M25xas long as short
Kraken Futures PF_NEARUSD+0.0708%1h4.3527−0.144%$7.6M$39.4M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0853%1h4.3549−0.094%$1.9M$9.0M25xas long as short
Lighter RH NEAR+0.0904%1h4.3630+0.092%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3543−0.108%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1120%1h4.3630+0.092%$17.6M$25.0M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3600+0.022%$683K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1549%1h4.3533−0.131%$5K$12K10xas long as short