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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Phemex against SoDEX+0.056%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.056% dearer against SoDEX than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.48150.0100pay 0.0013% / 1h48m 57s$5K$39K10x
ShortPhemex NEARUSDT4.48400.0100get 0.0100% / 8h5h 48m$3.4M$7.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against SoDEX. 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
$0
Price spread: +0.056% → 0.000%
$5.58
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$14.42
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Phemex: 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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Phemex live order book, 3 min ago3.34 bp19.5 bp −$2038.0 bp −$380doesn't fitdoesn't fit
SoDEX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0236%1h4.4788−0.060%$7.4M$36.9M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4859+0.098%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4803−0.026%$110K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4801−0.031%$842K$26.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4768−0.105%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.598%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4840+0.056%$123K$504K50xas long as short
Aster NEARUSDT+0.0100%8h4.4860+0.100%$2.6M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4853+0.085%$272.1M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4858+0.096%$231.5M$427.6M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4870+0.123%$64.1M$298.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4950+0.301%$268K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4833+0.040%$39.8M$62.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4840+0.056%$77.3M$167.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4830+0.033%$53.2M$43.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4838+0.051%$74.4M$126.4M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4850+0.078%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.4874+0.131%$8.9M$16.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4861+0.103%$265K$869K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4810−0.012%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4790−0.056%$167K$823K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4848+0.074%$280K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4774−0.091%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4900+0.190%$2K$1.3M20xas long as short
SoDEX NEAR-USDlong+0.0100%1h4.4815long leg$5K$39K10x
HTX NEAR-USDT+0.0100%8h4.4840+0.056%$465K$3.7M75xas long as short
Phemex NEARUSDTshort+0.0100%8h4.4840+0.056%$3.4M$7.9M50x
Paradex NEAR-USD-PERP+0.0102%8h4.4826+0.025%$33K$24510xas long as short
Extended NEAR-USD+0.0104%1h4.4795−0.044%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4758−0.128%$208K$38K3xas long as short
Lighter NEAR+0.0160%1h4.4879+0.143%$17.5M$23.3M15xas long as short
Nado NEAR-PERP+0.0207%1h4.4830+0.033%$1.7M$3.1M10xas long as short
Hyperliquid NEAR+0.0208%1h4.4873+0.129%$361.5M$314.7M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4820+0.011%$12.9M$32.5M75xas long as short
01 Exchange NEARUSD+0.0224%1h4.4836+0.047%$13K$4K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0226%1h4.4925+0.246%$263K100xas long as short
Arcus NEAR-USD+0.0343%1h4.4870+0.123%$227K$1.4M10xas long as short
Lighter RH NEAR+0.0384%1h4.4884+0.154%$1.6M$5.8M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.4842+0.060%$633K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.4833+0.040%$2.3M$17.6M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0644%1h4.4795−0.045%$1.9M$13.0M25xas long as short
Backpack NEAR_USDC_PERP+0.0659%1h4.4878+0.141%$1.1M$7.1M20xas long as short
Phoenix NEAR+0.0741%1h4.4898+0.185%$1.7M$2.7M10xas long as short
Pacifica NEAR+0.0851%1h4.4840+0.055%$419K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1151%1h4.4857+0.093%$6K$6K10xas long as short