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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.264%
Price spread now: Arcus against Bulk−0.073%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$440.444% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.318%+$32 on $10k
Price spread, last 4 days (all we have)+0.617%+$62 · spread now −0.073%, 7d avg +0.062%
Together, before fees+0.935%+$94 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.134% cheaper against Bulk than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk NEAR-USD4.13500.0100pay 0.0013% / 1h32m 23s$236K$6K10x
ShortArcus NEAR-USD4.13200.0100get 0.0013% / 1h32m 23s$306K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Bulk. 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
$0
Price spread: −0.073% → +0.062%
−$13.43
Slippage, 4 orders
−$32.92
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$57.85
Costs to cover
0.444%
Break-even
never at this rate
Slippage from Bulk: live order book, 17 min ago; Arcus: live order book, 2 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 Bulk live order book, 17 min ago12.21 bp15.7 bp −$1615.7 bp −$15715.7 bp −$1,57132.1 bp −$16.0K
Sell Arcus live order book, 2 min ago3.64 bp7.1 bp −$711.0 bp −$110doesn'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%1h4.1249−0.245%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.1321−0.070%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1367+0.041%$312K$19.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1254−0.232%$200K150xas long as short
Coinbase International NEAR-PERP-INTX+0.0008%1h4.1268−0.198%$2.1M$12.9M50xas long as short
Kraken Futures PF_NEARUSD+0.0013%1h4.1363+0.031%$7.2M$35.0M50xas long as short
Extended NEAR-USD+0.0048%1h4.1259−0.220%$3.6M$14.6M25xas long as short
Injective NEAR/USDC PERP+0.0081%1h4.1150−0.484%$574$186K12xas long as short
Popdex NEARUSDT+0.0096%1h4.1280−0.169%$107K$489K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1265−0.205%$30K$2K10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.1319−0.075%$2.8M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.1342−0.019%$422K$1.1M10xas long as short
Binance NEARUSDT+0.0100%8h4.1269−0.195%$237.3M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1240−0.266%$210.3M$428.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1270−0.193%$56.9M$281.7M50xas long as short
Arcus NEAR-USDshort+0.0100%1h4.1320−0.073%$306K$1.6M10x
Gate NEAR_USDT+0.0100%8h4.1256−0.227%$29.6M$56.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1260−0.218%$81.6M$145.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1290−0.145%$56.0M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1268−0.198%$69.2M$129.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1250−0.242%$135.1Mas long as short
Variational Omni NEAR+0.0100%8h4.1236−0.277%$7.5M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.1246−0.253%$259K$1.3M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1320−0.073%$1.4M$1.2M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1160−0.459%$179K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1296−0.131%$230K$3.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1336−0.034%$52K$179K20xas long as short
SunX NEAR-USDT+0.0100%8h4.1360+0.024%$2K$1.5M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1320−0.073%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1360+0.024%$3.8M$8.4M50xas long as short
Bulk NEAR-USDlong+0.0100%1h4.1350long leg$236K$6K10x
Aevo NEAR-PERP+0.0104%1h4.1320−0.073%$200K$64K3xas long as short
Lighter RH NEAR+0.0144%1h4.1375+0.060%$1.5M$7.3M10xas long as short
01 Exchange NEARUSD+0.0200%1h4.1316−0.082%$12K$8K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1320−0.073%$12.4M$33.2M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0355%1h4.1353+0.007%$1.8M$2.0M25xas long as short
RISEx NEAR/USDC+0.0365%1h4.1307−0.105%$393K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0371% / S −0.0316%1h4.1245−0.254%$272K100xas long as short
Nado NEAR-PERP+0.0392%1h4.1260−0.218%$1.8M$4.0M10xas long as short
Phoenix NEAR+0.0474%1h4.1297−0.128%$1.7M$2.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0556%1h4.1451+0.244%$1.4M$4.9M20xas long as short
Lighter NEAR+0.0976%1h4.1422+0.173%$15.4M$22.4M15xas long as short
Aftermath Perps NEARUSD+0.1147%1h4.1215−0.327%$5K$11K10xas long as short
HTX NEAR-USDT+0.1196%8h4.1480+0.314%$443K$3.9M75xas long as short
Hyperliquid NEAR+0.1346%1h4.1372+0.053%$350.6M$306.3M10xas long as short