NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1023%/8h= +112.0% APRnext payment +$1.28 per $10,000 · paid last 24h +0.155%

Price spread now: Deribit 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 Deribit

What this pair did over the last

the charts below follow

Funding, last 3 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 +$31 a day on $10k at the current rate, and Deribit 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	4.3589	−0.0171	get 0.0021% / 1h	25m 56s	$2K	—	20x
Short	Deribit NEAR_USDC-PERPETUAL	4.3605	0.0852	get 0.0106% / 1h	25m 56s	$1.9M	$9.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.037%Rate

Funding earned: $214.8
Price spread: +0.037% → 0.000%: $3.74
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $205.54
Costs to cover: 0.130%
Break-even: 0.3 days

Slippage unknown: Reya: no order-book sample; Deribit: 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 Deribit live order book, 3 min ago	3.10 bp	7.5 bp −$8	14.2 bp −$142	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
Reya NEARRUSDPERPlong	−0.0171%	1h	4.3589	long leg	$2K	—	20x
dYdX NEAR-USD	0.0000%	1h	4.3565	−0.054%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3608	+0.044%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.998%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3638	+0.113%	$2.4M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3600	+0.026%	$110K	$501K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3603	+0.033%	$267.2M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3548	−0.093%	$215.5M	$428.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3550	−0.089%	$61.8M	$292.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3412	−0.405%	$247K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3566	−0.052%	$32.3M	$61.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3610	+0.049%	$73.5M	$145.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3590	+0.003%	$54.0M	$46.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3558	−0.070%	$71.6M	$129.0M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3570	−0.043%	—	$145.9M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3627	+0.088%	$8.4M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3625	+0.084%	$255K	$946K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3589	+0.002%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3600	+0.026%	$168K	$798K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3642	+0.122%	$279K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3593	+0.010%	$58K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3690	+0.232%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3730	+0.324%	$474K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3600	+0.026%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3566	−0.053%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3615	+0.060%	$203K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3660	+0.164%	$13.6M	$32.4M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3603	+0.032%	$409K	$1.3M	10x	as long as short
Kalshi KXNEARPERP	+0.0284%	8h	4.3572	−0.038%	$783K	$23.3M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0326% / S −0.0203%	1h	4.3611	+0.052%	$236K	—	100x	as long as short
Aster NEARUSDT	+0.0333%	8h	4.3590	+0.003%	$2.9M	$5.5M	50x	as long as short
SoDEX NEAR-USD	+0.0377%	1h	4.3577	−0.027%	$6K	$53K	10x	as long as short
01 Exchange NEARUSD	+0.0528%	1h	4.3642	+0.122%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0566%	1h	4.3584	−0.010%	$1.8M	$3.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0579%	1h	4.3618	+0.067%	$1.3M	$6.7M	20x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3630	+0.095%	$214K	$1.6M	10x	as long as short
Hyperliquid NEAR	+0.0640%	1h	4.3606	+0.040%	$357.6M	$317.8M	10x	as long as short
Extended NEAR-USD	+0.0648%	1h	4.3546	−0.098%	$3.8M	$20.0M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0707%	1h	4.3584	−0.010%	$7.6M	$39.3M	50x	as long as short
Deribit NEAR_USDC-PERPETUALshort	+0.0852%	1h	4.3605	+0.037%	$1.9M	$9.0M	25x
Lighter RH NEAR	+0.0912%	1h	4.3641	+0.120%	$1.5M	$7.4M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3666	+0.177%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.1120%	1h	4.3651	+0.143%	$17.6M	$25.0M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3625	+0.083%	$684K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1541%	1h	4.3568	−0.046%	$5K	$12K	10x	as long as short