Settings8H · net · $10k
Funding arb · Price arb /

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0267%/8h= +29.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.080%
Price spread now: Popdex against Reya+0.075%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno 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 Popdex is 0.075% dearer against Reya than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.4806−0.0171get 0.0021% / 1h48m 21s$2K20x
ShortPopdex NEARUSDT4.48400.0096get 0.0012% / 1h48m 21s$110K$499K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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

Funding earned
$56.04
Price spread: +0.075% → 0.000%
$7.49
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
$51.13
Costs to cover
0.124%
Break-even
0.6 days
Slippage unknown: Reya: no order-book sample; Popdex: live order book, 61 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Popdex live order book, 61 min ago2.33 bp6.6 bp −$761.3 bp −$613doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERPlong−0.0171%1h4.4806long leg$2K20x
dYdX NEAR-USD0.0000%1h4.4787−0.043%$110K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4789−0.038%$169K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.580%$578$301K12xas long as short
Popdex NEARUSDTshort+0.0096%1h4.4840+0.075%$110K$499K50x
Bybit NEARUSDT+0.0100%8h4.4840+0.075%$230.6M$428.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4810+0.008%$63.2M$299.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4366−0.983%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4808+0.003%$34.9M$59.9M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4850+0.097%$53.5M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4818+0.026%$74.2M$126.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.4568−0.533%$8.9M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4503−0.677%$260K$964K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4869+0.140%$280K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4834+0.062%$58K$233K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4880+0.164%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4900+0.209%$469K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4810+0.008%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0107%8h4.4829+0.049%$32K$58510xas long as short
Aevo NEAR-PERP+0.0120%1h4.4855+0.108%$209K$40K3xas long as short
GRVT NEAR_USDT_Perp+0.0122%8h4.4641−0.369%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0132%1h4.4470−0.751%$168K$803K50xas long as short
BingX NEAR-USDT+0.0165%8h4.4830+0.053%$143.8Mas long as short
MEXC NEAR_USDT+0.0175%8h4.4840+0.075%$86.4M$144.9M200xas long as short
Binance NEARUSDT+0.0181%8h4.4834+0.061%$272.2M$1.09B75xas long as short
SoDEX NEAR-USD+0.0279%1h4.4825+0.041%$5K$52K10xas long as short
BloFin NEAR-USDT+0.0296%8h4.4950+0.320%$13.7M$33.2M75xas long as short
Kalshi KXNEARPERP+0.0302%8h4.4837+0.068%$1.1M$24.9M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0316% / S −0.0201%1h4.4797−0.021%$240K100xas long as short
Aster NEARUSDT+0.0344%8h4.4840+0.075%$2.9M$5.0M50xas long as short
Extended NEAR-USD+0.0368%1h4.4813+0.014%$3.7M$19.0M25xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.5100+0.655%$2.3M$16.6M50xas long as short
Nado NEAR-PERP+0.0496%1h4.4815+0.019%$1.8M$3.2M10xas long as short
01 Exchange NEARUSD+0.0544%1h4.4828+0.048%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0626%1h4.4987+0.403%$1.4M$6.5M20xas long as short
Kraken Futures PF_NEARUSD+0.0651%1h4.4808+0.003%$7.4M$38.3M50xas long as short
Hyperliquid NEAR+0.0717%1h4.4868+0.137%$369.4M$307.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0866%1h4.4855+0.108%$2.0M$12.3M25xas long as short
Arcus NEAR-USD+0.0880%1h4.4890+0.186%$228K$1.6M10xas long as short
Lighter NEAR+0.0976%1h4.4889+0.184%$17.6M$24.7M15xas long as short
Phoenix NEAR+0.1003%1h4.5001+0.434%$1.9M$2.5M10xas long as short
Lighter RH NEAR+0.1056%1h4.4886+0.178%$1.5M$6.6M10xas long as short
Pacifica NEAR+0.1187%1h4.4830+0.052%$413K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1197%1h4.4609−0.440%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4862+0.124%$682K$1.4M10xas long as short