NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h +0.018%

Price spread now: gTrade (Gains Network) against Coinbase International+0.776%7-day average +0.018% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$222as in the Price arb table

costs, in and out, $10k−$2972.973% of the position

Long on Coinbase International Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.075%+$8 on $10k

Price spread, last 3 days (all we have)−0.765%−$77 · spread now +0.776%, 7d avg +0.018%

Together, before fees−0.690%−$69 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.758% dearer against Coinbase International than usual: you sell high and buy low: +$76 more if the spread goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NEAR-PERP-INTX	4.2779	−0.0096	get 0.0012% / 1h	23m 55s	$2.2M	$12.9M	50x
Short	gTrade (Gains Network) NEAR/USD	4.3111	L +0.0004% / S −0.0004%	get 0.0001% / 1h	23m 55s	$205K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Coinbase International. 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 Coinbase InternationalbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.776%Rate

Funding earned: $21.04
Price spread: +0.776% → +0.018%: $75.78
Slippage, 4 orders: −$277.33
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$200.5
Costs to cover: 2.973%
Break-even: 73.7 days

Slippage from Coinbase International: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 50 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 Coinbase International live order book, 5 min ago	4.79 bp	12.4 bp −$12	19.2 bp −$192	374.4 bp −$37.4K	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 50 min ago	130.01 bp	137.7 bp −$138	1007.8 bp −$10.1K	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	4.3088	+0.722%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0132%	1h	4.2722	−0.133%	$7.2M	$37.3M	50x	as long as short
Coinbase International NEAR-PERP-INTXlong	−0.0096%	1h	4.2779	long leg	$2.2M	$12.9M	50x
Phemex NEARUSDT	−0.0055%	8h	4.2770	−0.021%	$3.8M	$8.5M	50x	as long as short
01 Exchange NEARUSD	−0.0016%	1h	4.3065	+0.669%	$13K	$7K	10x	as long as short
Variational Omni NEAR	−0.0004%	8h	4.2668	−0.260%	$7.9M	$18.8M	—	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3099	+0.748%	$112K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3006	+0.531%	$339K	$19.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USDshort	L +0.0004% / S −0.0004%	1h	4.3111	+0.776%	$205K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.200%	$578	$302K	12x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NEARUSDT	+0.0048%	8h	4.2870	+0.213%	$217.4M	$417.5M	75x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0077%	1h	4.2882	+0.241%	$1.9M	$3.5M	25x	as long as short
Gate NEAR_USDT	+0.0095%	8h	4.2817	+0.089%	$30.8M	$59.9M	75x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3070	+0.680%	$114K	$482K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.2848	+0.161%	$57K	$191K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0099%	8h	4.3084	+0.713%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2943	+0.384%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3084	+0.712%	$398K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2848	+0.162%	$255.4M	$1.06B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2880	+0.236%	$60.5M	$279.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3080	+0.704%	$197K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2789	+0.024%	$244K	−$0	10x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2810	+0.072%	$76.4M	$140.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2860	+0.189%	$55.9M	$42.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2895	+0.271%	$71.0M	$124.7M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2800	+0.049%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2780	+0.002%	$255K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2745	−0.079%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2800	+0.049%	$179K	$782K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3097	+0.743%	$202K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3200	+0.984%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2760	−0.044%	$5K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.2850	+0.166%	$454K	$3.7M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2812	+0.078%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2804	+0.058%	$199K	$28K	3x	as long as short
Hyperliquid NEAR	+0.0163%	1h	4.2958	+0.418%	$360.7M	$301.0M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3080	+0.704%	$12.9M	$28.3M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0373% / S −0.0306%	1h	4.3113	+0.781%	$274K	—	100x	as long as short
Lighter RH NEAR	+0.0392%	1h	4.2787	+0.019%	$1.6M	$6.9M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3086	+0.717%	$408K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0445%	1h	4.2935	+0.365%	$1.3M	$5.9M	20x	as long as short
Nado NEAR-PERP	+0.0464%	1h	4.3085	+0.715%	$1.9M	$3.2M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.2669	−0.257%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1334%	1h	4.2876	+0.226%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1888%	1h	4.2839	+0.139%	$17.1M	$24.5M	15x	as long as short