NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0573%/8h= +62.7% APRnext payment +$0.72 per $10,000 · paid last 24h +0.179%

Price spread now: RISEx against Coinbase International+0.383%7-day average +0.061% · 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−$9as in the Price arb table

costs, in and out, $10k−$410.415% of the position

Long on Coinbase International Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.554%+$55 on $10k

Price spread, last 3 days (all we have)−0.403%−$40 · spread now +0.383%, 7d avg +0.061%

Together, before fees+0.152%+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and RISEx is 0.322% dearer against Coinbase International than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NEAR-PERP-INTX	4.3313	−0.0064	get 0.0008% / 1h	37m 17s	$2.1M	$13.5M	50x
Short	RISEx NEAR/USDC	4.3479	0.0509	get 0.0064% / 1h	37m 17s	$544K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.383%Rate

Funding earned: $120.27
Price spread: +0.383% → +0.061%: $32.25
Slippage, 4 orders: −$25.49
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $111.03
Costs to cover: 0.415%
Break-even: 0.5 days

Slippage from Coinbase International: live order book, 2 min ago; RISEx: live order book, 1 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, 2 min ago	6.12 bp	15.0 bp −$15	22.8 bp −$228	632.1 bp −$63.2K	doesn't fit
Sell RISEx live order book, 1 min ago	4.59 bp	7.6 bp −$8	16.2 bp −$162	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	4.3381	+0.157%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTXlong	−0.0064%	1h	4.3313	long leg	$2.1M	$13.5M	50x
dYdX NEAR-USD	0.0000%	1h	4.3382	+0.158%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3251	−0.143%	$517K	$19.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3399	+0.200%	$201K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.394%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0043%	8h	4.3108	−0.473%	$8.2M	$19.1M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3430	+0.270%	$116K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3393	+0.185%	$58K	$161K	20x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3385	+0.166%	$410K	$1.2M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.3420	+0.247%	$259.4M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3385	+0.166%	$220.7M	$419.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3380	+0.155%	$61.2M	$281.2M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3470	+0.362%	$206K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3300	−0.030%	$247K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3403	+0.208%	$31.2M	$60.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3400	+0.201%	$75.7M	$137.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3440	+0.293%	$55.8M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3382	+0.159%	$71.9M	$123.7M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3390	+0.178%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3236	−0.177%	$260K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3339	+0.061%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3230	−0.192%	$179K	$775K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3434	+0.279%	$214K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3480	+0.386%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3232	−0.187%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3440	+0.293%	$442K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3270	−0.099%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3371	+0.134%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3419	+0.246%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3384	+0.164%	$202K	$34K	3x	as long as short
Aster NEARUSDT	+0.0112%	8h	4.3482	+0.389%	$3.0M	$5.8M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0219%	1h	4.3242	−0.165%	$7.9M	$39.9M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3220	−0.215%	$13.2M	$27.6M	75x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0305%	1h	4.3257	−0.129%	$1.9M	$4.1M	25x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0360% / S −0.0278%	1h	4.3392	+0.182%	$260K	—	100x	as long as short
01 Exchange NEARUSD	+0.0368%	1h	4.3475	+0.374%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0442%	1h	4.3430	+0.270%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDCshort	+0.0509%	1h	4.3479	+0.383%	$544K	$1.3M	10x
Phoenix NEAR	+0.0592%	1h	4.3434	+0.279%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0656%	1h	4.3457	+0.332%	$1.6M	$6.9M	10x	as long as short
Hyperliquid NEAR	+0.0742%	1h	4.3467	+0.356%	$364.9M	$303.4M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0790%	1h	4.3325	+0.028%	$1.4M	$6.0M	20x	as long as short
Lighter NEAR	+0.1432%	1h	4.3457	+0.333%	$17.3M	$24.7M	15x	as long as short
Aftermath Perps NEARUSD	+0.1439%	1h	4.3261	−0.119%	$5K	$12K	10x	as long as short