NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0264%/8h= −28.9% APRnext payment −$0.33 per $10,000 · paid last 24h −0.139%

Price spread now: Polymarket Perps against RISEx+0.036%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on RISEx Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.379%−$38 on $10k

Price spread, last 7 days−0.061%−$6 · spread now +0.036%, 7d avg −0.012%

Together, before fees−0.440%−$44 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.048% dearer against RISEx than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.012%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx NEAR/USDC	4.2785	0.0364	pay 0.0046% / 1h	7m 55s	$412K	$1.2M	10x
Short	Polymarket Perps NEAR-USD	4.2800	0.0100	get 0.0013% / 1h	7m 55s	$230K	$3.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$55.46
Price spread: +0.036% → −0.012%: $4.8
Slippage, 4 orders: −$14.33
Fee RISEx: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$78.98
Costs to cover: 0.283%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 min ago; Polymarket Perps: 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 RISEx live order book, 1 min ago	3.19 bp	6.2 bp −$6	14.7 bp −$147	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	2.34 bp	9.5 bp −$9	17.7 bp −$177	doesn't fit	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	4.2774	−0.025%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0032%	1h	4.2705	−0.186%	$2.2M	$13.1M	50x	as long as short
Injective NEAR/USDC PERP	−0.0002%	1h	4.1410	−3.213%	$578	$302K	12x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2787	+0.004%	$111K	$59K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2750	−0.081%	$477K	$18.2M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2700	−0.198%	$207K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0047%	1h	4.2695	−0.210%	$7.7M	$36.2M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2740	−0.105%	$105K	$489K	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2796	+0.026%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2750	−0.082%	$3.0M	$5.6M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.2811	+0.061%	$398K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2690	−0.221%	$246.6M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2650	−0.315%	$219.1M	$420.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2630	−0.362%	$59.7M	$281.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2760	−0.058%	$200K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2317	−1.093%	$241K	$2K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2669	−0.270%	$30.0M	$59.0M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2680	−0.245%	$82.9M	$144.4M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2690	−0.221%	$56.1M	$43.3M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2656	−0.301%	$70.7M	$125.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2670	−0.268%	—	$137.0M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2299	−1.135%	$7.9M	$17.8M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2295	−1.145%	$247K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2168	−1.442%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2150	−1.484%	$176K	$793K	50x	as long as short
Polymarket Perps NEAR-USDshort	+0.0100%	1h	4.2800	+0.036%	$230K	$3.2M	10x
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2720	−0.151%	$57K	$194K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2730	−0.128%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2660	−0.292%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2690	−0.221%	$3.9M	$8.1M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2641	−0.336%	$4.0M	$14.8M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2682	−0.240%	$206K	$62K	3x	as long as short
01 Exchange NEARUSD	+0.0136%	1h	4.2809	+0.057%	$13K	$7K	10x	as long as short
Lighter RH NEAR	+0.0160%	1h	4.2726	−0.137%	$1.5M	$7.0M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2660	−0.292%	$12.6M	$32.3M	75x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0312%	1h	4.2715	−0.163%	$1.9M	$2.3M	25x	as long as short
RISEx NEAR/USDClong	+0.0364%	1h	4.2785	long leg	$412K	$1.2M	10x
GMX NEAR/USD [ETH-USDC]	L +0.0390% / S −0.0335%	1h	4.2706	−0.185%	$292K	—	100x	as long as short
Nado NEAR-PERP	+0.0467%	1h	4.2794	+0.023%	$1.9M	$3.5M	10x	as long as short
Phoenix NEAR	+0.0542%	1h	4.2316	−1.096%	$1.8M	$2.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0552%	1h	4.2714	−0.165%	$1.3M	$5.5M	20x	as long as short
Hyperliquid NEAR	+0.0599%	1h	4.2765	−0.046%	$367.3M	$295.0M	10x	as long as short
HTX NEAR-USDT	+0.0930%	8h	4.2740	−0.105%	$462K	$3.6M	75x	as long as short
Aftermath Perps NEARUSD	+0.0980%	1h	4.2366	−0.978%	$5K	$11K	10x	as long as short
Lighter NEAR	+0.0992%	1h	4.2759	−0.061%	$16.4M	$23.8M	15x	as long as short