NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.139%

Price spread now: RISEx against Polymarket Perps−0.025%7-day average +0.012% · 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−$32as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.379%+$38 on $10k

Price spread, last 7 days+0.050%+$5 · spread now −0.025%, 7d avg +0.012%

Together, before fees+0.429%+$43 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.037% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.012%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NEAR-USD	4.2983	0.0100	pay 0.0013% / 1h	5m 29s	$231K	$3.3M	10x
Short	RISEx NEAR/USDC	4.2972	0.0364	get 0.0046% / 1h	5m 29s	$414K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Polymarket Perps. 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 Polymarket PerpsbpFee RISExbpOrdersPrice spread, now −0.025%Rate

Funding earned: $55.46
Price spread: −0.025% → +0.012%: −$3.71
Slippage, 4 orders: −$14.33
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $23.42
Costs to cover: 0.283%
Break-even: 4.0 days

Slippage from Polymarket Perps: live order book, 3 min ago; RISEx: 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 Polymarket Perps live order book, 3 min ago	2.34 bp	6.5 bp −$6	12.0 bp −$120	doesn't fit	doesn't fit
Sell RISEx live order book, 3 min ago	3.19 bp	6.2 bp −$6	17.1 bp −$171	doesn't fit	doesn't fit

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	4.2903	−0.187%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0032%	1h	4.2884	−0.230%	$2.2M	$13.2M	50x	as long as short
Injective NEAR/USDC PERP	−0.0002%	1h	4.1410	−3.660%	$578	$302K	12x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2862	−0.281%	$112K	$59K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2892	−0.212%	$454K	$18.2M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2922	−0.141%	$207K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0047%	1h	4.2919	−0.150%	$7.7M	$36.2M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2940	−0.100%	$107K	$490K	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2878	−0.245%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2990	+0.016%	$3.0M	$5.6M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.2891	−0.215%	$399K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2919	−0.149%	$249.2M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2922	−0.142%	$220.6M	$420.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2940	−0.100%	$60.4M	$284.2M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2910	−0.170%	$197K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2317	−1.549%	$241K	$2K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2925	−0.135%	$30.3M	$59.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2940	−0.100%	$83.9M	$145.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2960	−0.054%	$56.4M	$43.3M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2925	−0.135%	$71.4M	$125.7M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2920	−0.147%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2299	−1.591%	$7.9M	$17.8M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2739	−0.568%	$244K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2644	−0.789%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2740	−0.565%	$179K	$790K	50x	as long as short
Polymarket Perps NEAR-USDlong	+0.0100%	1h	4.2983	long leg	$231K	$3.3M	10x
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2913	−0.163%	$57K	$194K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2950	−0.077%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2890	−0.216%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2890	−0.216%	$3.9M	$8.1M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2913	−0.164%	$4.0M	$14.8M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2899	−0.196%	$207K	$62K	3x	as long as short
01 Exchange NEARUSD	+0.0152%	1h	4.2990	+0.016%	$13K	$7K	10x	as long as short
Lighter RH NEAR	+0.0168%	1h	4.2979	−0.009%	$1.5M	$7.0M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2850	−0.309%	$12.6M	$32.6M	75x	as long as short
RISEx NEAR/USDCshort	+0.0364%	1h	4.2972	−0.025%	$414K	$1.2M	10x
GMX NEAR/USD [ETH-USDC]	L +0.0391% / S −0.0335%	1h	4.2929	−0.126%	$293K	—	100x	as long as short
Nado NEAR-PERP	+0.0469%	1h	4.2914	−0.159%	$1.9M	$3.5M	10x	as long as short
Phoenix NEAR	+0.0542%	1h	4.2890	−0.216%	$1.8M	$2.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0554%	1h	4.2941	−0.098%	$1.3M	$5.5M	20x	as long as short
Hyperliquid NEAR	+0.0658%	1h	4.3041	+0.136%	$371.9M	$297.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0799%	1h	4.2948	−0.081%	$1.9M	$2.3M	25x	as long as short
HTX NEAR-USDT	+0.0927%	8h	4.3020	+0.086%	$461K	$3.6M	75x	as long as short
Lighter NEAR	+0.1000%	1h	4.2993	+0.023%	$16.5M	$23.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.1002%	1h	4.2635	−0.810%	$5K	$11K	10x	as long as short