NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Bulk against Popdex+0.284%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$440.440% of the position

Long on Popdex Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.284%, 7d avg −0.002%

Together, before fees−0.074%−$7 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: Bulk is 0.287% dearer against Popdex than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex NEARUSDT	4.3120	0.0096	pay 0.0012% / 1h	6m 09s	$115K	$474K	50x
Short	Bulk NEAR-USD	4.3243	0.0100	get 0.0013% / 1h	6m 09s	$246K	−$0	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against Popdex. 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 PopdexbpFee BulkbpOrdersPrice spread, now +0.284%Rate

Funding earned: $0.84
Price spread: +0.284% → −0.002%: $28.69
Slippage, 4 orders: −$30.62
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$14.49
Costs to cover: 0.440%
Break-even: 127.8 days

Slippage from Popdex: live order book, 3 min ago; Bulk: 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 Popdex live order book, 3 min ago	1.16 bp	7.5 bp −$7	60.0 bp −$600	doesn't fit	doesn't fit
Sell Bulk live order book, 3 min ago	11.59 bp	15.1 bp −$15	15.1 bp −$151	25.1 bp −$2,507	44.6 bp −$22.3K

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	4.3095	−0.058%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0130%	1h	4.3153	+0.076%	$7.9M	$38.0M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3119	−0.002%	$2.2M	$13.0M	50x	as long as short
Phemex NEARUSDT	−0.0049%	8h	4.3150	+0.070%	$3.8M	$8.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3117	−0.007%	$112K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3132	+0.028%	$345K	$18.6M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3090	−0.070%	$159K	—	150x	as long as short
Variational Omni NEAR	+0.0010%	8h	4.3057	−0.146%	$8.2M	$18.8M	—	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.966%	$578	$302K	12x	as long as short
01 Exchange NEARUSD	+0.0040%	1h	4.3111	−0.021%	$13K	$7K	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex NEARUSDTlong	+0.0096%	1h	4.3120	long leg	$115K	$474K	50x
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3108	−0.028%	$57K	$162K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3090	−0.069%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3158	+0.087%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3158	+0.087%	$402K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3146	+0.060%	$257.5M	$1.05B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3130	+0.023%	$218.2M	$413.7M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3130	+0.023%	$60.8M	$276.3M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3150	+0.070%	$204K	$1.7M	10x	as long as short
Bulk NEAR-USDshort	+0.0100%	1h	4.3243	+0.284%	$246K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.3088	−0.074%	$31.0M	$61.0M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3150	+0.070%	$75.5M	$141.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3160	+0.093%	$56.0M	$42.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3142	+0.051%	$71.8M	$122.0M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3090	−0.070%	—	$141.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3251	+0.304%	$258K	$1.1M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3241	+0.280%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3290	+0.394%	$181K	$775K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3126	+0.014%	$201K	$3.4M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3190	+0.162%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3130	+0.023%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3210	+0.209%	$456K	$3.7M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3081	−0.090%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3113	−0.017%	$201K	$31K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3250	+0.301%	$13.1M	$27.7M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0375% / S −0.0308%	1h	4.3088	−0.074%	$275K	—	100x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0376%	1h	4.3125	+0.012%	$1.9M	$3.9M	25x	as long as short
Hyperliquid NEAR	+0.0416%	1h	4.3198	+0.181%	$366.7M	$301.1M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3140	+0.047%	$402K	$1.2M	10x	as long as short
Nado NEAR-PERP	+0.0437%	1h	4.3099	−0.049%	$1.9M	$3.1M	10x	as long as short
Lighter RH NEAR	+0.0488%	1h	4.3192	+0.167%	$1.6M	$7.0M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0490%	1h	4.3260	+0.325%	$1.3M	$5.9M	20x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3397	+0.642%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1510%	1h	4.3223	+0.238%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1792%	1h	4.3239	+0.277%	$17.3M	$24.7M	15x	as long as short