NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0224%/8h= +24.5% APRnext payment +$0.28 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against Popdex−0.114%7-day average −0.075% · 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−$56as in the Price arb table

costs, in and out, $10k−$520.517% of the position

Long on Popdex Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.397%−$40 · spread now −0.114%, 7d avg −0.075%

Together, before fees−0.398%+ Points / potential airdropExtended: Active · farm board−$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.039% cheaper against Popdex than usual: you would sell low and buy high (spread −0.114% now, against its 7-day average of −0.075%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$7 a day).

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex NEARUSDT	4.4190	0.0096	pay 0.0012% / 1h	22m 52s	$113K	$518K	50x
Short	Extended NEAR-USD	4.4139	0.0320	get 0.0040% / 1h	22m 52s	$3.9M	$19.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.114%Rate

Funding earned: $47.04
Price spread: −0.114% → −0.075%: −$3.89
Slippage, 4 orders: −$40.3
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$8.55
Costs to cover: 0.517%
Break-even: 8.3 days

Slippage from Popdex: live order book, 36 min ago; Extended: live order book, 1 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, 36 min ago	12.27 bp	18.7 bp −$19	58.0 bp −$580	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.57 bp	4.5 bp −$5	12.1 bp −$121	1104.9 bp −$110.5K	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	4.4207	+0.039%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4046	−0.326%	$2.3M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4092	−0.223%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4147	−0.097%	$589K	$22.0M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4184	−0.012%	$166K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.291%	$578	$302K	12x	as long as short
Popdex NEARUSDTlong	+0.0096%	1h	4.4190	long leg	$113K	$518K	50x
Pacifica NEAR	+0.0100%	1h	4.4132	−0.132%	$422K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4180	−0.023%	$271.3M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4130	−0.136%	$221.8M	$424.2M	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	4.4140	−0.113%	$62.8M	$299.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4098	−0.208%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4167	−0.052%	$32.0M	$63.9M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4190	0.000%	$74.5M	$149.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4200	+0.023%	$54.9M	$46.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4138	−0.118%	$72.5M	$130.4M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4160	−0.068%	—	$147.3M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3777	−0.935%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4030	−0.361%	$264K	$977K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3860	−0.747%	$1.4M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4050	−0.317%	$169K	$802K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4241	+0.115%	$233K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4189	−0.002%	$56K	$227K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4280	+0.204%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4185	−0.011%	$8K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4290	+0.226%	$459K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4220	+0.068%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4140	−0.112%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4215	+0.057%	$206K	$40K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4260	+0.158%	$13.9M	$32.9M	75x	as long as short
Hyperliquid NEAR	+0.0286%	1h	4.4207	+0.038%	$364.6M	$324.5M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0288%	1h	4.4222	+0.072%	$1.3M	$6.5M	20x	as long as short
Aster NEARUSDT	+0.0299%	8h	4.4200	+0.023%	$3.0M	$5.5M	50x	as long as short
01 Exchange NEARUSD	+0.0312%	1h	4.4245	+0.124%	$13K	$7K	10x	as long as short
Extended NEAR-USDshort	+0.0320%	1h	4.4139	−0.114%	$3.9M	$19.7M	25x
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0190%	1h	4.4192	+0.005%	$234K	—	100x	as long as short
Nado NEAR-PERP	+0.0527%	1h	4.4166	−0.054%	$1.9M	$3.1M	10x	as long as short
Lighter RH NEAR	+0.0576%	1h	4.4246	+0.127%	$1.5M	$7.2M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4230	+0.091%	$219K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0587%	1h	4.4220	+0.067%	$8.1M	$39.7M	50x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4201	+0.025%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.0904%	1h	4.4236	+0.105%	$17.8M	$26.5M	15x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4221	+0.069%	$587K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1108%	1h	4.4228	+0.086%	$2.0M	$7.3M	25x	as long as short
Aftermath Perps NEARUSD	+0.1507%	1h	4.4076	−0.259%	$5K	$12K	10x	as long as short