NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.004%

Price spread now: MEXC against SunX−0.226%7-day average −0.163% · you buy dearer than you sell

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1441.438% of the position

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.952%−$95 · spread now −0.226%, 7d avg −0.163%

Together, before fees−0.980%−$98 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.063% cheaper against SunX than usual: you would sell low and buy high (spread −0.226% now, against its 7-day average of −0.163%). If the spread goes back, that is −$6 on $10k: about 10 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NEAR-USDT	4.4190	0.0100	pay 0.0100% / 8h	7h 47m	$2K	$1.3M	20x
Short	MEXC NEAR_USDT	4.4090	0.0120	get 0.0120% / 8h	7h 47m	$93.5M	$154.1M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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 SunXbpFee MEXCbpOrdersPrice spread, now −0.226%Rate

Funding earned: $4.2
Price spread: −0.226% → −0.163%: −$6.29
Slippage, 4 orders: −$135.81
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$145.91
Costs to cover: 1.438%
Break-even: 250.2 days

Slippage from SunX: live order book, 7 min ago; MEXC: live order book, 2 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 SunX live order book, 7 min ago	30.89 bp	50.8 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.43 bp	4.9 bp −$5	17.7 bp −$177	52.3 bp −$5,234	85.8 bp −$42.9K

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	−0.0905%	8h	4.4100	−0.204%	$3.6M	$8.2M	50x	as long as short
Kraken Futures PF_NEARUSD	−0.0428%	1h	4.4087	−0.234%	$7.3M	$38.7M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.4043	−0.333%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4043	−0.334%	$108K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4100	−0.204%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.291%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4000	−0.430%	$117K	$504K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.4088	−0.230%	$2.8M	$4.8M	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4123	−0.152%	$223.3M	$430.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4090	−0.226%	$62.0M	$299.5M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NEAR-USD	+0.0100%	1h	4.4020	−0.385%	$230K	$1.5M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3750	−0.996%	$252K	$3K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4066	−0.281%	$36.6M	$61.7M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4000	−0.430%	$53.2M	$45.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4106	−0.190%	$72.9M	$127.8M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3688	−1.136%	$9.0M	$18.3M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3658	−1.204%	$253K	$895K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3670	−1.177%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3680	−1.154%	$167K	$816K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4010	−0.407%	$275K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4128	−0.140%	$59K	$235K	20x	as long as short
SunX NEAR-USDTlong	+0.0100%	8h	4.4190	long leg	$2K	$1.3M	20x
SoDEX NEAR-USD	+0.0100%	1h	4.4105	−0.192%	$5K	$50K	10x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3994	−0.444%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4079	−0.252%	$3.7M	$16.0M	25x	as long as short
Aevo NEAR-PERP	+0.0112%	1h	4.4118	−0.163%	$205K	$40K	3x	as long as short
MEXC NEAR_USDTshort	+0.0120%	8h	4.4090	−0.226%	$93.5M	$154.1M	200x
Binance NEARUSDT	+0.0121%	8h	4.4114	−0.171%	$266.2M	$1.09B	75x	as long as short
Hyperliquid NEAR	+0.0125%	1h	4.4040	−0.339%	$354.8M	$317.3M	10x	as long as short
BingX NEAR-USDT	+0.0132%	8h	4.4060	−0.294%	—	$83.2M	—	as long as short
Kalshi KXNEARPERP	+0.0152%	8h	4.4079	−0.251%	$879K	$25.3M	2.2x	as long as short
BloFin NEAR-USDT	+0.0241%	8h	4.4080	−0.249%	$12.7M	$32.6M	75x	as long as short
Nado NEAR-PERP	+0.0264%	1h	4.4003	−0.424%	$1.7M	$3.2M	10x	as long as short
01 Exchange NEARUSD	+0.0272%	1h	4.4014	−0.398%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0348% / S −0.0248%	1h	4.3894	−0.670%	$256K	—	100x	as long as short
Lighter RH NEAR	+0.0352%	1h	4.4151	−0.088%	$1.5M	$6.4M	10x	as long as short
HTX NEAR-USDT	+0.0460%	8h	4.4180	−0.023%	$468K	$3.8M	75x	as long as short
Lighter NEAR	+0.0472%	1h	4.4157	−0.074%	$17.4M	$23.8M	15x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.4186	−0.009%	$2.3M	$17.3M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0572%	1h	4.4024	−0.376%	$1.1M	$7.2M	20x	as long as short
RISEx NEAR/USDC	+0.0656%	1h	4.3811	−0.858%	$594K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0701%	1h	4.4054	−0.308%	$415K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0740%	1h	4.3729	−1.043%	$1.8M	$2.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1084%	1h	4.3741	−1.017%	$5K	$7K	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.2313%	1h	4.4203	+0.029%	$1.9M	$13.1M	25x	as long as short