NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0271%/8h= −29.7% APRnext payment −$0.34 per $10,000 · paid last 24h −0.162%

Price spread now: Phoenix against Aftermath Perps+0.242%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps 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

The price spread pays, funding is against you. Phoenix is 0.242% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.242% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps NEARUSD	4.4228	0.1274	pay 0.0159% / 1h	23m 22s	$5K	$12K	10x
Short	Phoenix NEAR	4.4335	0.1003	get 0.0125% / 1h	23m 22s	$1.8M	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Aftermath Perps. 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 Aftermath PerpsbpFee PhoenixbpOrdersPrice spread, now +0.242%Rate

Funding earned: −$56.91
Price spread: +0.242% → 0.000%: $24.17
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$48.74
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Aftermath Perps: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 5 min ago	0.91 bp	11.7 bp −$12	28.7 bp −$287	doesn't fit	doesn't fit

Aftermath Perps: 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
Reya NEARRUSDPERP	−0.0171%	1h	4.4176	−0.118%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4162	−0.148%	$109K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4186	−0.096%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.372%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4190	−0.086%	$112K	$484K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4187	−0.093%	$223.9M	$430.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4190	−0.086%	$62.5M	$296.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4350	+0.276%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4186	−0.095%	$35.5M	$61.7M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4210	−0.041%	$53.5M	$45.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.4175	−0.120%	$72.5M	$127.6M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4187	−0.092%	$8.8M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4030	−0.448%	$257K	$915K	20x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4010	−0.493%	$166K	$805K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4213	−0.034%	$291K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4213	−0.034%	$59K	$236K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4260	+0.072%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4330	+0.230%	$465K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4250	+0.050%	$3.6M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0104%	8h	4.4179	−0.111%	$32K	$585	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0108%	8h	4.4030	−0.449%	$1.5M	$1.5M	10x	as long as short
Aevo NEAR-PERP	+0.0136%	1h	4.4205	−0.052%	$206K	$38K	3x	as long as short
Extended NEAR-USD	+0.0168%	1h	4.4175	−0.121%	$3.7M	$18.3M	25x	as long as short
SoDEX NEAR-USD	+0.0190%	1h	4.4265	+0.083%	$5K	$52K	10x	as long as short
BingX NEAR-USDT	+0.0200%	8h	4.4200	−0.064%	—	$144.0M	—	as long as short
MEXC NEAR_USDT	+0.0208%	8h	4.4210	−0.041%	$80.5M	$149.0M	200x	as long as short
Binance NEARUSDT	+0.0208%	8h	4.4224	−0.009%	$269.9M	$1.08B	75x	as long as short
Kalshi KXNEARPERP	+0.0252%	8h	4.4273	+0.102%	$1.0M	$25.0M	2.2x	as long as short
Aster NEARUSDT	+0.0304%	8h	4.4210	−0.041%	$2.8M	$4.9M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0315% / S −0.0198%	1h	4.4250	+0.049%	$235K	—	100x	as long as short
BloFin NEAR-USDT	+0.0325%	8h	4.4330	+0.230%	$13.8M	$32.8M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0421%	1h	4.4223	−0.012%	$1.3M	$6.9M	20x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.4344	+0.262%	$2.3M	$16.8M	50x	as long as short
01 Exchange NEARUSD	+0.0456%	1h	4.4229	+0.002%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0479%	1h	4.4238	+0.022%	$360.9M	$312.6M	10x	as long as short
Nado NEAR-PERP	+0.0568%	1h	4.4176	−0.118%	$1.7M	$3.2M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0659%	1h	4.4268	+0.090%	$7.3M	$38.3M	50x	as long as short
Lighter NEAR	+0.0824%	1h	4.4248	+0.045%	$17.4M	$25.3M	15x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0835%	1h	4.4301	+0.165%	$1.9M	$13.1M	25x	as long as short
Arcus NEAR-USD	+0.0880%	1h	4.4240	+0.027%	$228K	$1.6M	10x	as long as short
Lighter RH NEAR	+0.0920%	1h	4.4247	+0.043%	$1.5M	$6.7M	10x	as long as short
Phoenix NEARshort	+0.1003%	1h	4.4335	+0.242%	$1.8M	$2.5M	10x
Pacifica NEAR	+0.1187%	1h	4.4205	−0.052%	$422K	$1.4M	10x	as long as short
RISEx NEAR/USDC	+0.1259%	1h	4.4216	−0.028%	$665K	$1.4M	10x	as long as short
Aftermath Perps NEARUSDlong	+0.1274%	1h	4.4228	long leg	$5K	$12K	10x