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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0631%/8h= −69.1% APRnext payment $0.79 per $10,000 · paid last 24h −0.092%
Price spread now: gTrade (Gains Network) against Arcus−0.120%46s7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2842.842% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.453%−$45 on $10k
Price spread, last 4 days (all we have)+0.212%+$21 · spread now −0.120%, 7d avg −0.078%
Together, before fees−0.241%−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and gTrade (Gains Network) is 0.042% cheaper against Arcus than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.078%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus NEAR-USD4.32000.0638pay 0.0080% / 1h34m 31s$226K$1.6M10x
ShortgTrade (Gains Network) NEAR/USD4.3148L +0.0004% / S −0.0006%get 0.0001% / 1h34m 31s$161K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Arcus. 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
−$132.59
Price spread: −0.120% → −0.078%
−$4.15
Slippage, 4 orders
−$269.66
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$420.9
Costs to cover
2.842%
Break-even
never at this rate
Slippage from Arcus: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 4 min ago2.31 bp4.6 bp −$59.0 bp −$90doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 4 min ago130.01 bp137.7 bp −$1381007.8 bp −$10.1Kdoesn't fitdoesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3147−0.124%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3109−0.210%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDshortL +0.0004% / S −0.0006%1h4.3148−0.120%$161K150x
Kraken Futures PF_NEARUSD+0.0017%1h4.3140−0.139%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.144%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.32000.000%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3180−0.046%$218.0M$430.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3180−0.046%$60.7M$291.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3160−0.093%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3122−0.181%$35.2M$62.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3110−0.208%$52.2M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3119−0.188%$71.4M$128.1M75xas long as short
Variational Omni NEAR+0.0100%8h4.3217+0.038%$8.7M$18.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.3097−0.238%$250K$899K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3207+0.016%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3080−0.278%$164K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3214+0.032%$283K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3164−0.083%$57K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3280+0.185%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3165−0.081%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3180−0.046%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3129−0.164%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3158−0.096%$3.6M$17.2M25xas long as short
HTX NEAR-USDT+0.0125%8h4.3340+0.324%$461K$3.8M75xas long as short
Aevo NEAR-PERP+0.0128%1h4.3165−0.080%$201K$38K3xas long as short
Kalshi KXNEARPERP+0.0183%8h4.3208+0.019%$935K$25.2M2.2xas long as short
Binance NEARUSDT+0.0191%8h4.3194−0.015%$262.2M$1.09B75xas long as short
Aster NEARUSDT+0.0192%8h4.3188−0.028%$2.7M$4.8M50xas long as short
MEXC NEAR_USDT+0.0193%8h4.3120−0.185%$83.2M$150.7M200xas long as short
BingX NEAR-USDT+0.0199%8h4.3150−0.116%$145.1Mas long as short
Hyperliquid NEAR+0.0216%1h4.3135−0.150%$348.0M$315.4M10xas long as short
01 Exchange NEARUSD+0.0248%1h4.3214+0.032%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0313%8h4.3190−0.023%$13.3M$31.8M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0204%1h4.3148−0.121%$232K100xas long as short
Backpack NEAR_USDC_PERP+0.0397%1h4.3187−0.030%$1.1M$7.0M20xas long as short
Nado NEAR-PERP+0.0448%1h4.3160−0.093%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3206+0.014%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0504%1h4.3165−0.081%$1.5M$6.6M10xas long as short
Arcus NEAR-USDlong+0.0638%1h4.3200long leg$226K$1.6M10x
Lighter NEAR+0.0672%1h4.3154−0.107%$17.0M$25.1M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0724%1h4.3179−0.049%$1.9M$13.2M25xas long as short
Pacifica NEAR+0.0949%1h4.3118−0.191%$406K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3179−0.049%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3199−0.002%$599K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1247%1h4.3230+0.070%$5K$7K10xas long as short