NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0160%/8h= −17.5% APRnext payment −$0.20 per $10,000 · paid last 24h +0.038%

Price spread now: Popdex against Coinbase International+0.136%7-day average +0.034% · 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−$34as in the Price arb table

costs, in and out, $10k−$440.441% of the position

Long on Coinbase International Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.167%+$17 on $10k

Price spread, last 4 days (all we have)−0.276%−$28 · spread now +0.136%, 7d avg +0.034%

Together, before fees−0.109%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Popdex is 0.101% dearer against Coinbase International than usual: you sell high and buy low (spread +0.136% now, against its 7-day average of +0.034%): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 4 days funding on this pair paid +0.167%, 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	Coinbase International NEAR-PERP-INTX	4.2732	0.0256	pay 0.0032% / 1h	44m 35s	$2.3M	$15.7M	50x
Short	Popdex NEARUSDT	4.2790	0.0096	get 0.0012% / 1h	44m 35s	$111K	$500K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now +0.136%Rate

Funding earned: −$33.6
Price spread: +0.136% → +0.034%: $10.12
Slippage, 4 orders: −$27.68
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$67.56
Costs to cover: 0.441%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; Popdex: live order book, 4 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	8.86 bp	14.8 bp −$15	22.5 bp −$225	doesn't fit	doesn't fit
Sell Popdex live order book, 4 min ago	2.33 bp	6.6 bp −$7	61.3 bp −$613	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	4.2772	+0.094%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2768	+0.083%	$105K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.2703	−0.068%	$160K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.094%	$578	$301K	12x	as long as short
Popdex NEARUSDTshort	+0.0096%	1h	4.2790	+0.136%	$111K	$500K	50x
Binance NEARUSDT	+0.0100%	8h	4.2830	+0.229%	$261.7M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2773	+0.096%	$212.6M	$421.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2800	+0.159%	$60.3M	$284.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2835	+0.242%	$244K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2776	+0.103%	$32.0M	$59.7M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NEAR_USDT	+0.0100%	8h	4.2830	+0.229%	$70.5M	$142.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2820	+0.206%	$52.9M	$45.5M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2774	+0.098%	$70.7M	$127.4M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2790	+0.136%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2678	−0.127%	$8.1M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2781	+0.114%	$250K	$950K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2766	+0.080%	$1.4M	$1.5M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2802	+0.164%	$262K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2755	+0.054%	$56K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2830	+0.229%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.2840	+0.253%	$458K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2770	+0.089%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2775	+0.100%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2749	+0.039%	$199K	$37K	3x	as long as short
ApeX Omni NEARUSDT	+0.0148%	1h	4.2790	+0.136%	$164K	$794K	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2780	+0.112%	$13.2M	$31.5M	75x	as long as short
Kalshi KXNEARPERP	+0.0253%	8h	4.2761	+0.068%	$842K	$24.5M	2.2x	as long as short
Coinbase International NEAR-PERP-INTXlong	+0.0256%	1h	4.2732	long leg	$2.3M	$15.7M	50x
GMX NEAR/USD [ETH-USDC]	L +0.0322% / S −0.0198%	1h	4.2701	−0.073%	$231K	—	100x	as long as short
Aster NEARUSDT	+0.0335%	8h	4.2816	+0.196%	$2.8M	$5.4M	50x	as long as short
Nado NEAR-PERP	+0.0341%	1h	4.2778	+0.107%	$1.7M	$3.2M	10x	as long as short
Extended NEAR-USD	+0.0528%	1h	4.2777	+0.106%	$3.7M	$19.9M	25x	as long as short
SoDEX NEAR-USD	+0.0563%	1h	4.2745	+0.030%	$6K	$53K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0635%	1h	4.2754	+0.051%	$1.3M	$6.8M	20x	as long as short
Hyperliquid NEAR	+0.0677%	1h	4.2827	+0.222%	$349.9M	$311.6M	10x	as long as short
01 Exchange NEARUSD	+0.0728%	1h	4.2842	+0.257%	$13K	$7K	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0740%	1h	4.2740	+0.018%	$7.5M	$38.7M	50x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.2820	+0.206%	$210K	$1.6M	10x	as long as short
Pacifica NEAR	+0.0847%	1h	4.2810	+0.183%	$392K	$1.3M	10x	as long as short
Lighter NEAR	+0.0856%	1h	4.2843	+0.261%	$16.8M	$25.0M	15x	as long as short
Lighter RH NEAR	+0.1024%	1h	4.2832	+0.234%	$1.5M	$7.3M	10x	as long as short
Phoenix NEAR	+0.1033%	1h	4.2961	+0.536%	$1.8M	$2.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1108%	1h	4.2775	+0.101%	$1.9M	$11.0M	25x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.2817	+0.200%	$687K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1463%	1h	4.2769	+0.086%	$5K	$12K	10x	as long as short