NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0651%/8h= −71.3% APRnext payment −$0.81 per $10,000 · paid last 24h −0.156%

Price spread now: SoDEX against Phoenix−0.077%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and SoDEX is 0.077% cheaper against Phoenix than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix NEAR	4.4289	0.0794	pay 0.0099% / 1h	19m 20s	$1.8M	$2.8M	10x
Short	SoDEX NEAR-USD	4.4255	0.0143	get 0.0018% / 1h	19m 20s	$8K	$52K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Phoenix. 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 PhoenixbpFee SoDEXbpOrdersPrice spread, now −0.077%Rate

Funding earned: −$136.76
Price spread: −0.077% → 0.000%: −$7.68
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$159.43
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 4 min ago; SoDEX: no order-book sample. Net counts fees only.

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 Phoenix live order book, 4 min ago	0.90 bp	12.4 bp −$12	51.1 bp −$511	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	4.4171	−0.268%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4146	−0.323%	$2.3M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4149	−0.316%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4069	−0.497%	$605K	$22.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4229	−0.136%	$166K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.500%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4180	−0.246%	$113K	$518K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4180	−0.245%	$420K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4288	−0.002%	$272.0M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4220	−0.156%	$222.4M	$424.5M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4210	−0.178%	$62.9M	$300.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4098	−0.431%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4233	−0.126%	$32.2M	$64.0M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4190	−0.224%	$74.5M	$149.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4210	−0.178%	$54.7M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4248	−0.093%	$72.7M	$130.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4240	−0.111%	—	$147.5M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4057	−0.524%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4206	−0.188%	$265K	$977K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4210	−0.178%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4130	−0.359%	$170K	$802K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4214	−0.169%	$249K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4243	−0.104%	$57K	$227K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4270	−0.043%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4340	+0.115%	$459K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4300	+0.025%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4141	−0.334%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4290	+0.002%	$206K	$40K	3x	as long as short
SoDEX NEAR-USDshort	+0.0143%	1h	4.4255	−0.077%	$8K	$52K	10x
BloFin NEAR-USDT	+0.0220%	8h	4.4110	−0.404%	$13.9M	$32.8M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0300%	1h	4.4159	−0.294%	$1.4M	$6.5M	20x	as long as short
Aster NEARUSDT	+0.0305%	8h	4.4197	−0.209%	$3.0M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0321% / S −0.0190%	1h	4.4227	−0.141%	$234K	—	100x	as long as short
Hyperliquid NEAR	+0.0322%	1h	4.4259	−0.068%	$365.1M	$324.6M	10x	as long as short
01 Exchange NEARUSD	+0.0328%	1h	4.4232	−0.129%	$13K	$7K	10x	as long as short
Extended NEAR-USD	+0.0376%	1h	4.4238	−0.116%	$3.9M	$19.7M	25x	as long as short
Nado NEAR-PERP	+0.0536%	1h	4.4182	−0.240%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4190	−0.224%	$219K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0586%	1h	4.4302	+0.030%	$8.2M	$39.7M	50x	as long as short
Lighter RH NEAR	+0.0624%	1h	4.4195	−0.212%	$1.5M	$7.2M	10x	as long as short
Phoenix NEARlong	+0.0794%	1h	4.4289	long leg	$1.8M	$2.8M	10x
RISEx NEAR/USDC	+0.0926%	1h	4.4192	−0.220%	$592K	$1.4M	10x	as long as short
Lighter NEAR	+0.0928%	1h	4.4210	−0.178%	$17.8M	$26.5M	15x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1084%	1h	4.4281	−0.018%	$2.0M	$7.3M	25x	as long as short
Aftermath Perps NEARUSD	+0.1537%	1h	4.4152	−0.308%	$5K	$12K	10x	as long as short