NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.24 per $10,000 · paid last 24h −0.047%

Price spread now: Coinbase International against Bulk−0.899%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$560.558% of the position

Long on Bulk Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.168%−$17 on $10k

Price spread, last 3 days (all we have)+1.300%+$130 · spread now −0.899%, 7d avg −0.019%

Together, before fees+1.132%+$113 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Coinbase International is 0.880% cheaper against Bulk than usual: you would sell low and buy high (−$88 if the spread goes back to its 7-day average of −0.019%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk NEAR-USD	4.3243	0.0100	pay 0.0013% / 1h	0m 58s	$246K	−$0	10x
Short	Coinbase International NEAR-PERP-INTX	4.2854	−0.0096	pay 0.0012% / 1h	0m 58s	$2.1M	$13.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee BulkbpFee Coinbase InternationalbpOrdersPrice spread, now −0.899%Rate

Funding earned: −$41.16
Price spread: −0.899% → −0.019%: −$87.96
Slippage, 4 orders: −$38.84
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$184.96
Costs to cover: 0.558%
Break-even: never at this rate

Slippage from Bulk: live order book, 8 min ago; Coinbase International: live order book, 3 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 Bulk live order book, 8 min ago	11.59 bp	15.1 bp −$15	22.9 bp −$229	39.8 bp −$3,984	76.4 bp −$38.2K
Sell Coinbase International live order book, 3 min ago	3.24 bp	11.4 bp −$11	18.3 bp −$183	doesn't fit	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	4.2973	−0.624%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0131%	1h	4.2897	−0.799%	$7.9M	$38.0M	50x	as long as short
Coinbase International NEAR-PERP-INTXshort	−0.0096%	1h	4.2854	−0.899%	$2.1M	$13.1M	50x
Kalshi KXNEARPERP	0.0000%	8h	4.2977	−0.614%	$379K	$18.8M	2.2x	as long as short
dYdX NEAR-USD	+0.0004%	1h	4.3117	−0.290%	$112K	$64K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2982	−0.603%	$157K	—	150x	as long as short
Variational Omni NEAR	+0.0016%	8h	4.2957	−0.659%	$8.2M	$18.8M	—	as long as short
Phemex NEARUSDT	+0.0018%	8h	4.2910	−0.769%	$3.8M	$8.4M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.238%	$578	$302K	12x	as long as short
01 Exchange NEARUSD	+0.0056%	1h	4.3120	−0.284%	$13K	$7K	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex NEARUSDT	+0.0096%	1h	4.3070	−0.399%	$115K	$473K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.2978	−0.612%	$57K	$162K	20x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2970	−0.630%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3108	−0.312%	$401K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2931	−0.720%	$256.3M	$1.05B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2925	−0.735%	$219.7M	$416.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2940	−0.700%	$60.6M	$275.6M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3110	−0.307%	$204K	$1.7M	10x	as long as short
Bulk NEAR-USDlong	+0.0100%	1h	4.3243	long leg	$246K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.2914	−0.760%	$30.7M	$61.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2900	−0.792%	$73.3M	$142.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2900	−0.792%	$55.5M	$42.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2882	−0.834%	$71.0M	$122.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2910	−0.769%	—	$141.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3202	−0.094%	$257K	$1.1M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3356	+0.262%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3200	−0.099%	$177K	$777K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3074	−0.390%	$203K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2980	−0.607%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2900	−0.792%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.2980	−0.607%	$453K	$3.6M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3080	−0.376%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2886	−0.825%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2952	−0.672%	$200K	$31K	3x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0216%	1h	4.2981	−0.605%	$1.9M	$3.9M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2890	−0.815%	$13.1M	$27.5M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0376% / S −0.0308%	1h	4.2968	−0.635%	$275K	—	100x	as long as short
Nado NEAR-PERP	+0.0426%	1h	4.3034	−0.481%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3122	−0.279%	$410K	$1.2M	10x	as long as short
Hyperliquid NEAR	+0.0466%	1h	4.2988	−0.589%	$364.3M	$302.0M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0494%	1h	4.2955	−0.665%	$1.3M	$5.9M	20x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3191	−0.119%	$1.8M	$2.7M	10x	as long as short
Lighter RH NEAR	+0.0520%	1h	4.2984	−0.598%	$1.6M	$7.0M	10x	as long as short
Aftermath Perps NEARUSD	+0.1478%	1h	4.3199	−0.100%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1776%	1h	4.2994	−0.576%	$17.2M	$24.8M	15x	as long as short