NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0501%/8h= −54.9% APRnext payment −$0.63 per $10,000 · paid last 24h −0.305%

Price spread now: Reya against Backpack+0.161%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 0.161% dearer against Backpack than usual: you sell high and buy low (spread +0.161% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack NEAR_USDC_PERP	4.4089	0.0331	pay 0.0041% / 1h	13m 21s	$1.3M	$6.5M	20x
Short	Reya NEARRUSDPERP	4.4160	−0.0171	pay 0.0021% / 1h	13m 21s	$2K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Backpack. 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 BackpackbpFee ReyabpOrdersPrice spread, now +0.161%Rate

Funding earned: −$105.29
Price spread: +0.161% → 0.000%: $16.12
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$105.17
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Backpack: live order book, 1 min ago; Reya: no order-book sample. 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 Backpack live order book, 1 min ago	3.28 bp	8.5 bp −$8	16.7 bp −$167	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 NEARRUSDPERPshort	−0.0171%	1h	4.4160	+0.161%	$2K	—	20x
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4141	+0.118%	$2.2M	$15.5M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4210	+0.274%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4187	+0.222%	$620K	$22.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4168	+0.179%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.076%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4190	+0.229%	$113K	$518K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4202	+0.257%	$420K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4160	+0.161%	$271.6M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4100	+0.025%	$222.1M	$424.1M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4100	+0.025%	$63.0M	$298.5M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4054	−0.079%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4177	+0.200%	$32.2M	$64.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4200	+0.252%	$75.0M	$150.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4220	+0.297%	$55.0M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4138	+0.111%	$72.5M	$130.2M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4180	+0.206%	—	$147.2M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4137	+0.109%	$8.6M	$18.1M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4159	+0.159%	$265K	$980K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4070	−0.043%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4090	+0.002%	$170K	$801K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4219	+0.295%	$244K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4186	+0.220%	$56K	$227K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4340	+0.569%	$1K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4240	+0.342%	$458K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4170	+0.184%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4205	+0.263%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4185	+0.218%	$205K	$40K	3x	as long as short
SoDEX NEAR-USD	+0.0172%	1h	4.4145	+0.127%	$8K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4170	+0.184%	$13.8M	$32.8M	75x	as long as short
Aster NEARUSDT	+0.0307%	8h	4.4200	+0.252%	$3.0M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0321% / S −0.0190%	1h	4.4167	+0.178%	$234K	—	100x	as long as short
Backpack NEAR_USDC_PERPlong	+0.0331%	1h	4.4089	long leg	$1.3M	$6.5M	20x
01 Exchange NEARUSD	+0.0344%	1h	4.4249	+0.363%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0374%	1h	4.4257	+0.381%	$365.1M	$324.9M	10x	as long as short
Extended NEAR-USD	+0.0432%	1h	4.4124	+0.080%	$3.9M	$19.7M	25x	as long as short
Nado NEAR-PERP	+0.0549%	1h	4.4197	+0.246%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4250	+0.365%	$218K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0588%	1h	4.4160	+0.162%	$8.1M	$39.7M	50x	as long as short
Lighter RH NEAR	+0.0680%	1h	4.4194	+0.238%	$1.5M	$7.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0747%	1h	4.4186	+0.220%	$2.0M	$7.3M	25x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4173	+0.191%	$1.8M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4253	+0.372%	$592K	$1.4M	10x	as long as short
Lighter NEAR	+0.0968%	1h	4.4225	+0.309%	$17.8M	$26.5M	15x	as long as short
Aftermath Perps NEARUSD	+0.1574%	1h	4.4205	+0.264%	$5K	$12K	10x	as long as short