NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0271%/8h= +29.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.151%

Price spread now: Arcus against Reya+0.037%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Arcus is 0.037% dearer against Reya than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya NEARRUSDPERP	4.3704	−0.0171	get 0.0021% / 1h	35m 58s	$2K	—	20x
Short	Arcus NEAR-USD	4.3720	0.0100	get 0.0013% / 1h	35m 58s	$221K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Reya. 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 ReyabpFee ArcusbpOrdersPrice spread, now +0.037%Rate

Funding earned: $56.88
Price spread: +0.037% → 0.000%: $3.69
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $50.07
Costs to cover: 0.105%
Break-even: 0.8 days

Slippage unknown: Reya: no order-book sample; Arcus: live order book, 3 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Arcus live order book, 3 min ago	2.29 bp	5.7 bp −$6	11.7 bp −$117	doesn't fit	doesn't fit

Reya: 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
Kraken Futures PF_NEARUSD	−0.0432%	1h	4.3698	−0.014%	$7.2M	$38.7M	50x	as long as short
Reya NEARRUSDPERPlong	−0.0171%	1h	4.3704	long leg	$2K	—	20x
dYdX NEAR-USD	0.0000%	1h	4.3700	−0.010%	$107K	$66K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3688	−0.037%	$164K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.249%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3690	−0.032%	$119K	$504K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3708	+0.010%	$2.7M	$4.8M	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3719	+0.035%	$220.3M	$427.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3700	−0.009%	$61.6M	$295.5M	50x	as long as short
Arcus NEAR-USDshort	+0.0100%	1h	4.3720	+0.037%	$221K	$1.5M	10x

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3697	−0.016%	$36.5M	$62.1M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3730	+0.060%	$52.6M	$45.5M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3715	+0.025%	$72.1M	$127.8M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3698	−0.014%	$9.0M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3747	+0.099%	$254K	$893K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3650	−0.123%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3740	+0.083%	$165K	$826K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3686	−0.041%	$273K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3723	+0.044%	$56K	$239K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3770	+0.151%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3715	+0.025%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3710	+0.014%	$3.5M	$8.1M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3708	+0.010%	$252K	$3K	10x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3712	+0.018%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3688	−0.035%	$3.6M	$15.7M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3720	+0.037%	$203K	$40K	3x	as long as short
Binance NEARUSDT	+0.0106%	8h	4.3728	+0.056%	$263.9M	$1.09B	75x	as long as short
MEXC NEAR_USDT	+0.0107%	8h	4.3700	−0.009%	$90.6M	$157.2M	200x	as long as short
BingX NEAR-USDT	+0.0118%	8h	4.3700	−0.009%	—	$83.5M	—	as long as short
Kalshi KXNEARPERP	+0.0146%	8h	4.3706	+0.005%	$866K	$25.5M	2.2x	as long as short
Hyperliquid NEAR	+0.0222%	1h	4.3757	+0.122%	$353.6M	$316.2M	10x	as long as short
BloFin NEAR-USDT	+0.0228%	8h	4.3750	+0.106%	$12.5M	$32.4M	75x	as long as short
Nado NEAR-PERP	+0.0276%	1h	4.3690	−0.032%	$1.7M	$3.2M	10x	as long as short
01 Exchange NEARUSD	+0.0320%	1h	4.3724	+0.046%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0352% / S −0.0255%	1h	4.3695	−0.020%	$257K	—	100x	as long as short
HTX NEAR-USDT	+0.0385%	8h	4.3800	+0.220%	$463K	$3.7M	75x	as long as short
Lighter RH NEAR	+0.0448%	1h	4.3767	+0.144%	$1.5M	$6.4M	10x	as long as short
Lighter NEAR	+0.0472%	1h	4.3753	+0.113%	$17.3M	$23.9M	15x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3719	+0.035%	$2.3M	$17.2M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0521%	1h	4.3737	+0.076%	$1.1M	$7.1M	20x	as long as short
RISEx NEAR/USDC	+0.0656%	1h	4.3707	+0.006%	$592K	$1.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0688%	1h	4.3743	+0.090%	$1.9M	$13.1M	25x	as long as short
Pacifica NEAR	+0.0701%	1h	4.3699	−0.011%	$412K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0740%	1h	4.3762	+0.133%	$1.8M	$2.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1054%	1h	4.3779	+0.172%	$5K	$7K	10x	as long as short