NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0328%/8h= −36.0% APRnext payment −$0.41 per $10,000 · paid last 24h −0.135%

Price spread now: Bulk against RISEx−0.316%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−$70as in the Price arb table

costs, in and out, $10k−$410.412% of the position

Long on RISEx Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.377%−$38 on $10k

Price spread, last 4 days (all we have)+0.548%+$55 · spread now −0.316%, 7d avg −0.031%

Together, before fees+0.172%+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bulk is 0.285% cheaper against RISEx than usual: you would sell low and buy high (−$29 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	RISEx NEAR/USDC	4.2781	0.0428	pay 0.0054% / 1h	54m 54s	$418K	$1.2M	10x
Short	Bulk NEAR-USD	4.2646	0.0100	get 0.0013% / 1h	54m 54s	$243K	−$0	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against RISEx. 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 RISExbpFee BulkbpOrdersPrice spread, now −0.316%Rate

Funding earned: −$68.96
Price spread: −0.316% → −0.031%: −$28.52
Slippage, 4 orders: −$28.21
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$138.68
Costs to cover: 0.412%
Break-even: never at this rate

Slippage from RISEx: live order book, 4 min ago; Bulk: 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 RISEx live order book, 4 min ago	2.38 bp	5.4 bp −$5	11.9 bp −$119	doesn't fit	doesn't fit
Sell Bulk live order book, 19 min ago	11.72 bp	15.2 bp −$15	15.2 bp −$152	33.8 bp −$3,381	58.9 bp −$29.4K

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
Bybit NEARUSDT	−0.0265%	8h	4.2940	+0.370%	$218.6M	$419.9M	75x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.2742	−0.092%	$2K	—	20x	as long as short
Phemex NEARUSDT	−0.0167%	8h	4.2810	+0.067%	$3.8M	$8.5M	50x	as long as short
Kraken Futures PF_NEARUSD	−0.0131%	1h	4.2851	+0.163%	$7.6M	$37.3M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.2762	−0.046%	$2.2M	$13.0M	50x	as long as short
01 Exchange NEARUSD	−0.0008%	1h	4.2753	−0.067%	$13K	$7K	10x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2784	+0.005%	$111K	$62K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2760	−0.050%	$386K	$18.7M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2786	+0.010%	$203K	—	150x	as long as short
Variational Omni NEAR	+0.0019%	8h	4.2869	+0.205%	$7.9M	$18.5M	—	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.206%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2780	−0.003%	$111K	$483K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.2792	+0.025%	$57K	$194K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2737	−0.104%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2900	+0.278%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2792	+0.025%	$401K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2958	+0.412%	$254.8M	$1.07B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2970	+0.441%	$60.9M	$282.7M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2760	−0.050%	$196K	$1.8M	10x	as long as short
Bulk NEAR-USDshort	+0.0100%	1h	4.2646	−0.316%	$243K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.2944	+0.380%	$31.0M	$58.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2900	+0.277%	$79.3M	$138.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2920	+0.324%	$56.0M	$43.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2973	+0.448%	$71.3M	$125.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2960	+0.417%	—	$141.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2790	+0.019%	$244K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2819	+0.087%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2780	−0.003%	$179K	$794K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2783	+0.004%	$194K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2830	+0.113%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2815	+0.078%	$4K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.2880	+0.230%	$456K	$3.6M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2869	+0.205%	$3.9M	$16.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2788	+0.016%	$199K	$28K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2820	+0.090%	$13.0M	$29.3M	75x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0264%	1h	4.2816	+0.081%	$1.9M	$2.9M	25x	as long as short
Lighter RH NEAR	+0.0344%	1h	4.2883	+0.237%	$1.6M	$6.8M	10x	as long as short
Hyperliquid NEAR	+0.0351%	1h	4.3033	+0.588%	$366.7M	$299.5M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0375% / S −0.0313%	1h	4.2786	+0.009%	$274K	—	100x	as long as short
RISEx NEAR/USDClong	+0.0428%	1h	4.2781	long leg	$418K	$1.2M	10x
Backpack NEAR_USDC_PERP	+0.0431%	1h	4.2854	+0.169%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0463%	1h	4.2848	+0.155%	$1.8M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0493%	1h	4.2750	−0.074%	$1.9M	$3.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1175%	1h	4.2834	+0.122%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1712%	1h	4.2948	+0.389%	$16.9M	$23.4M	15x	as long as short