NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against OKX−0.469%103s7-day average +0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$400.404% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 3 days (all we have)+0.606%+$61 · spread now −0.469%, 7d avg +0.045%

Together, before fees+0.814%+$81 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.514% cheaper against OKX than usual: you would sell low and buy high (spread −0.469% now, against its 7-day average of +0.045%). If the spread goes back, that is −$51 on $10k: about 14 days of funding at the current rate (+$4 a day). The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NEAR-USDT-SWAP	4.2640	0.0100	pay 0.0100% / 8h	23m 29s	$60.6M	$285.2M	50x
Short	BloFin NEAR-USDT	4.2440	0.0220	get 0.0220% / 8h	23m 29s	$13.0M	$29.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now −0.469%Rate

Funding earned: $25.2
Price spread: −0.469% → +0.045%: −$51.43
Slippage, 4 orders: −$18.36
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$66.59
Costs to cover: 0.404%
Break-even: 25.5 days

Slippage from OKX: live order book, 6 min ago; BloFin: live order book, 6 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 OKX live order book, 6 min ago	1.17 bp	7.9 bp −$8	15.2 bp −$152	42.7 bp −$4,273	doesn't fit
Sell BloFin live order book, 6 min ago	5.86 bp	11.9 bp −$12	17.1 bp −$171	42.5 bp −$4,254	129.3 bp −$64.6K

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	4.2659	+0.044%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0072%	1h	4.2459	−0.424%	$2.2M	$13.0M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2627	−0.030%	$110K	$62K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2505	−0.317%	$331K	$18.8M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2695	+0.130%	$201K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−2.885%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0062%	8h	4.2470	−0.398%	$7.9M	$18.4M	—	as long as short
Bybit NEARUSDT	+0.0063%	8h	4.2677	+0.087%	$217.9M	$422.0M	75x	as long as short
01 Exchange NEARUSD	+0.0088%	1h	4.2673	+0.077%	$13K	$7K	10x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2670	+0.070%	$109K	$497K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2621	−0.044%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2670	+0.070%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2638	−0.004%	$399K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2692	+0.121%	$252.8M	$1.08B	75x	as long as short
OKX NEAR-USDT-SWAPlong	+0.0100%	8h	4.2640	long leg	$60.6M	$285.2M	50x
Arcus NEAR-USD	+0.0100%	1h	4.2640	0.000%	$195K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2551	−0.209%	$242K	$2K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2671	+0.073%	$30.6M	$59.9M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2680	+0.094%	$77.8M	$141.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2690	+0.117%	$55.5M	$43.4M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2662	+0.052%	$70.8M	$126.0M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2690	+0.117%	—	$140.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2470	−0.398%	$242K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2778	+0.324%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2500	−0.328%	$178K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2694	+0.127%	$195K	$3.4M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2721	+0.190%	$57K	$194K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2590	−0.117%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2470	−0.399%	$12K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2500	−0.328%	$3.8M	$8.6M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2601	−0.092%	$3.9M	$16.1M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2474	−0.389%	$200K	$66K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0119%	1h	4.2492	−0.348%	$7.3M	$37.3M	50x	as long as short
BloFin NEAR-USDTshort	+0.0220%	8h	4.2440	−0.469%	$13.0M	$29.2M	75x
Deribit NEAR_USDC-PERPETUAL	+0.0268%	1h	4.2516	−0.291%	$1.8M	$2.5M	25x	as long as short
Lighter RH NEAR	+0.0328%	1h	4.2638	−0.005%	$1.5M	$7.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0375% / S −0.0314%	1h	4.2701	+0.144%	$274K	—	100x	as long as short
RISEx NEAR/USDC	+0.0404%	1h	4.2668	+0.066%	$415K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0442%	1h	4.2568	−0.169%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0463%	1h	4.2601	−0.091%	$1.8M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0709%	1h	4.2645	+0.012%	$1.9M	$3.4M	10x	as long as short
Hyperliquid NEAR	+0.0740%	1h	4.2738	+0.230%	$367.1M	$298.5M	10x	as long as short
HTX NEAR-USDT	+0.0810%	8h	4.2590	−0.117%	$458K	$3.7M	75x	as long as short
Aftermath Perps NEARUSD	+0.1146%	1h	4.2647	+0.016%	$6K	$11K	10x	as long as short
Lighter NEAR	+0.1720%	1h	4.2719	+0.186%	$16.4M	$23.8M	15x	as long as short