NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.99 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against BingX+0.046%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$490.489% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days−0.060%−$6 · spread now +0.046%, 7d avg +0.028%

Together, before fees−0.009%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX NEAR-USDT	4.3170	0.0199	pay 0.0199% / 8h	33m 48s	—	$145.1M	—
Short	KuCoin NEARUSDTM	4.3190	0.0100	get 0.0100% / 8h	33m 48s	$52.3M	$45.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$20.79
Price spread: +0.046% → +0.028%: $1.79
Slippage, 4 orders: −$26.85
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$67.85
Costs to cover: 0.489%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 5 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 BingX live order book, 5 min ago	1.16 bp	6.2 bp −$6	7.5 bp −$75	17.8 bp −$1,780	43.6 bp −$21.8K
Sell KuCoin live order book, 5 min ago	2.31 bp	18.8 bp −$19	36.1 bp −$361	105.9 bp −$10.6K	doesn't fit

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	4.3183	+0.030%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3109	−0.140%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3182	+0.028%	$162K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0017%	1h	4.3165	−0.011%	$7.1M	$38.3M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.077%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3200	+0.069%	$110K	$496K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3170	0.000%	$218.0M	$430.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3170	0.000%	$60.7M	$291.4M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3160	−0.023%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3167	−0.007%	$35.2M	$62.4M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NEARUSDTMshort	+0.0100%	8h	4.3190	+0.046%	$52.3M	$45.9M	75x
Bitget NEARUSDT	+0.0100%	8h	4.3170	0.000%	$71.4M	$128.1M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3217	+0.108%	$8.7M	$18.8M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3097	−0.169%	$250K	$899K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3207	+0.086%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3080	−0.208%	$164K	$815K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3216	+0.107%	$283K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3205	+0.081%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3280	+0.255%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3195	+0.058%	$5K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3210	+0.093%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3129	−0.094%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3153	−0.039%	$3.6M	$17.2M	25x	as long as short
HTX NEAR-USDT	+0.0123%	8h	4.3270	+0.232%	$461K	$3.8M	75x	as long as short
Aevo NEAR-PERP	+0.0128%	1h	4.3202	+0.074%	$201K	$38K	3x	as long as short
Kalshi KXNEARPERP	+0.0183%	8h	4.3183	+0.030%	$938K	$25.2M	2.2x	as long as short
Binance NEARUSDT	+0.0191%	8h	4.3190	+0.046%	$262.2M	$1.09B	75x	as long as short
Aster NEARUSDT	+0.0192%	8h	4.3176	+0.015%	$2.7M	$4.8M	50x	as long as short
MEXC NEAR_USDT	+0.0193%	8h	4.3190	+0.046%	$83.3M	$150.7M	200x	as long as short
BingX NEAR-USDTlong	+0.0199%	8h	4.3170	long leg	—	$145.1M	—
Hyperliquid NEAR	+0.0221%	1h	4.3208	+0.088%	$348.6M	$315.4M	10x	as long as short
01 Exchange NEARUSD	+0.0248%	1h	4.3214	+0.102%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0313%	8h	4.3190	+0.046%	$13.3M	$31.8M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0316% / S −0.0204%	1h	4.3175	+0.012%	$233K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0398%	1h	4.3216	+0.107%	$1.1M	$7.0M	20x	as long as short
Nado NEAR-PERP	+0.0441%	1h	4.3190	+0.045%	$1.7M	$3.2M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3199	+0.067%	$2.3M	$16.8M	50x	as long as short
Lighter RH NEAR	+0.0544%	1h	4.3244	+0.171%	$1.5M	$6.6M	10x	as long as short
Arcus NEAR-USD	+0.0638%	1h	4.3200	+0.069%	$226K	$1.6M	10x	as long as short
Lighter NEAR	+0.0672%	1h	4.3251	+0.188%	$17.0M	$25.1M	15x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3118	−0.121%	$406K	$1.5M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3179	+0.021%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3199	+0.067%	$599K	$1.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0978%	1h	4.3228	+0.134%	$1.9M	$13.2M	25x	as long as short
Aftermath Perps NEARUSD	+0.1246%	1h	4.3216	+0.106%	$5K	$7K	10x	as long as short