NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0399%/8h= +43.7% APRnext payment +$0.50 per $10,000 · paid last 24h +0.156%

Price spread now: Phoenix against SoDEX−0.539%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Phoenix

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—needs both histories

Funding pays, the price is against you. Phoenix is 0.539% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.539% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$54 on $10k: about 4.5 days of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NEAR-USD	4.3080	0.0100	pay 0.0013% / 1h	53m 09s	$5K	$53K	10x
Short	Phoenix NEAR	4.2848	0.0499	get 0.0062% / 1h	53m 09s	$1.8M	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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

Position, each leg$Hold fordaysFee SoDEXbpFee PhoenixbpOrdersPrice spread, now −0.539%Rate

Funding earned: $83.86
Price spread: −0.539% → 0.000%: −$53.85
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $15.01
Costs to cover: 0.150%
Break-even: 5.7 days

Slippage unknown: SoDEX: no order-book sample; Phoenix: live order book, 5 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 SoDEX no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 5 min ago	0.93 bp	11.8 bp −$12	22.5 bp −$225	doesn't fit	doesn'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 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
Phemex NEARUSDT	−0.1999%	8h	4.3080	0.000%	$3.9M	$8.6M	50x	as long as short
Bybit NEARUSDT	−0.0236%	8h	4.3060	−0.046%	$219.5M	$419.1M	75x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3052	−0.065%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0131%	1h	4.3104	+0.055%	$7.6M	$37.2M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3061	−0.044%	$2.3M	$13.1M	50x	as long as short
01 Exchange NEARUSD	−0.0008%	1h	4.3029	−0.118%	$13K	$7K	10x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3114	+0.078%	$112K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3105	+0.058%	$378K	$18.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3092	+0.028%	$204K	—	150x	as long as short
Variational Omni NEAR	+0.0019%	8h	4.2869	−0.489%	$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	−3.877%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3030	−0.116%	$112K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3100	+0.046%	$57K	$193K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3032	−0.112%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3130	+0.116%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3114	+0.078%	$404K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3100	+0.046%	$255.9M	$1.07B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3080	0.000%	$61.1M	$282.4M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3030	−0.116%	$197K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2646	−1.007%	$243K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3081	+0.002%	$31.1M	$58.5M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3090	+0.023%	$79.7M	$138.4M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3110	+0.070%	$56.3M	$43.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3083	+0.007%	$71.5M	$125.2M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3070	−0.023%	—	$141.1M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2790	−0.674%	$244K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2819	−0.607%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2780	−0.696%	$179K	$794K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3089	+0.021%	$193K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3140	+0.139%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USDlong	+0.0100%	1h	4.3080	long leg	$5K	$53K	10x
Extended NEAR-USD	+0.0104%	1h	4.3056	−0.057%	$3.9M	$16.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3099	+0.043%	$201K	$28K	3x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0144%	1h	4.3116	+0.084%	$1.9M	$2.9M	25x	as long as short
HTX NEAR-USDT	+0.0149%	8h	4.3190	+0.255%	$459K	$3.6M	75x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3090	+0.023%	$13.0M	$29.3M	75x	as long as short
Hyperliquid NEAR	+0.0344%	1h	4.3143	+0.146%	$368.0M	$299.8M	10x	as long as short
Lighter RH NEAR	+0.0360%	1h	4.3144	+0.149%	$1.6M	$6.8M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0376% / S −0.0313%	1h	4.3090	+0.023%	$275K	—	100x	as long as short
Nado NEAR-PERP	+0.0423%	1h	4.3010	−0.162%	$1.9M	$3.4M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3044	−0.084%	$409K	$1.2M	10x	as long as short
Phoenix NEARshort	+0.0499%	1h	4.2848	−0.539%	$1.8M	$2.7M	10x
Backpack NEAR_USDC_PERP	+0.0501%	1h	4.3131	+0.118%	$1.4M	$5.6M	20x	as long as short
Aftermath Perps NEARUSD	+0.1185%	1h	4.2929	−0.350%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.2032%	1h	4.3218	+0.320%	$17.3M	$23.7M	15x	as long as short