NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.025%

Price spread now: dYdX against Popdex−0.135%7-day average −0.031% · 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−$138as in the Price arb table

costs, in and out, $10k−$1281.278% of the position

Long on Popdex Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.100%−$10 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.135%, 7d avg −0.031%

Together, before fees−0.089%−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.104% cheaper against Popdex than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex NEARUSDT	4.2970	0.0096	pay 0.0012% / 1h	30m 17s	$113K	$501K	50x
Short	dYdX NEAR-USD	4.2912	0	get 0.0000% / 1h	30m 17s	$106K	$68K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$20.16
Price spread: −0.135% → −0.031%: −$10.38
Slippage, 4 orders: −$111.41
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$158.35
Costs to cover: 1.278%
Break-even: never at this rate

Slippage from Popdex: live order book, 19 min ago; dYdX: live order book, 19 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, 19 min ago	2.33 bp	7.2 bp −$7	66.7 bp −$667	doesn't fit	doesn't fit
Sell dYdX live order book, 19 min ago	43.23 bp	65.8 bp −$66	147.0 bp −$1,470	161.2 bp −$16.1K	360.4 bp −$180.2K

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	4.2995	+0.058%	$2K	—	20x	as long as short
dYdX NEAR-USDshort	0.0000%	1h	4.2912	−0.135%	$106K	$68K	10x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.2937	−0.078%	$161K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.630%	$578	$301K	12x	as long as short
Popdex NEARUSDTlong	+0.0096%	1h	4.2970	long leg	$113K	$501K	50x
Binance NEARUSDT	+0.0100%	8h	4.3000	+0.070%	$262.8M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2950	−0.047%	$214.1M	$420.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2960	−0.023%	$60.5M	$285.1M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2997	+0.064%	$245K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2966	−0.009%	$32.4M	$60.0M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NEAR_USDT	+0.0100%	8h	4.3020	+0.116%	$76.1M	$143.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3020	+0.116%	$52.0M	$45.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2967	−0.007%	$71.1M	$127.2M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2960	−0.023%	—	$143.4M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2878	−0.213%	$8.1M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2962	−0.018%	$259K	$958K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2949	−0.049%	$1.4M	$1.5M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3006	+0.084%	$262K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2995	+0.058%	$56K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3090	+0.279%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3100	+0.303%	$466K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3000	+0.070%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.2941	−0.068%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3015	+0.105%	$200K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2960	−0.023%	$13.2M	$31.6M	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.3035	+0.151%	$2.3M	$15.8M	50x	as long as short
Kalshi KXNEARPERP	+0.0262%	8h	4.2967	−0.007%	$869K	$24.6M	2.2x	as long as short
ApeX Omni NEARUSDT	+0.0263%	1h	4.2960	−0.023%	$165K	$795K	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0311% / S −0.0198%	1h	4.2931	−0.090%	$232K	—	100x	as long as short
Aster NEARUSDT	+0.0335%	8h	4.2996	+0.062%	$2.8M	$5.3M	50x	as long as short
Nado NEAR-PERP	+0.0372%	1h	4.2985	+0.035%	$1.7M	$3.2M	10x	as long as short
Extended NEAR-USD	+0.0528%	1h	4.2961	−0.021%	$3.7M	$19.7M	25x	as long as short
SoDEX NEAR-USD	+0.0567%	1h	4.2975	+0.012%	$6K	$53K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0650%	1h	4.2964	−0.014%	$1.3M	$6.7M	20x	as long as short
Hyperliquid NEAR	+0.0692%	1h	4.3037	+0.156%	$351.8M	$310.3M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0736%	1h	4.2958	−0.028%	$7.4M	$38.9M	50x	as long as short
01 Exchange NEARUSD	+0.0752%	1h	4.3039	+0.161%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.3000	+0.070%	$216K	$1.6M	10x	as long as short
Pacifica NEAR	+0.0847%	1h	4.2967	−0.008%	$394K	$1.3M	10x	as long as short
Lighter NEAR	+0.0936%	1h	4.3038	+0.159%	$16.8M	$25.1M	15x	as long as short
Phoenix NEAR	+0.1033%	1h	4.3089	+0.277%	$1.8M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1112%	1h	4.3036	+0.154%	$1.5M	$7.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1171%	1h	4.3000	+0.070%	$1.9M	$11.0M	25x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.3005	+0.081%	$684K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1349%	1h	4.2958	−0.029%	$5K	$12K	10x	as long as short