NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0503%/8h= +55.1% APRnext payment +$0.63 per $10,000 · paid last 24h +0.072%

Price spread now: RISEx against Deribit+0.015%7-day average −0.025% · 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−$21as in the Price arb table

costs, in and out, $10k−$250.246% of the position

Long on Deribit Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.172%+$17 on $10k

Price spread, last 4 days (all we have)−0.308%−$31 · spread now +0.015%, 7d avg −0.025%

Together, before fees−0.136%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and RISEx is 0.040% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.025%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.172% in total (about 17.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NEAR_USDC-PERPETUAL	4.2930	0.0659	pay 0.0082% / 1h	4m 50s	$1.9M	$9.9M	25x
Short	RISEx NEAR/USDC	4.2937	0.1162	get 0.0145% / 1h	4m 50s	$668K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Deribit. 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 DeribitbpFee RISExbpOrdersPrice spread, now +0.015%Rate

Funding earned: $105.68
Price spread: +0.015% → −0.025%: $3.98
Slippage, 4 orders: −$11.55
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $85.11
Costs to cover: 0.246%
Break-even: 1.4 days

Slippage from Deribit: live order book, 4 min ago; RISEx: 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 Deribit live order book, 4 min ago	2.78 bp	6.3 bp −$6	20.5 bp −$205	doesn't fit	doesn't fit
Sell RISEx live order book, 4 min ago	2.49 bp	5.5 bp −$5	12.2 bp −$122	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	4.2933	+0.007%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2946	+0.038%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.2913	−0.039%	$161K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.541%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.2921	−0.021%	$2.3M	$15.7M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2900	−0.070%	$110K	$501K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3010	+0.186%	$262.7M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2951	+0.049%	$212.8M	$426.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2940	+0.023%	$60.8M	$285.5M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3449	+1.209%	$248K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.2930	0.000%	$31.9M	$62.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2970	+0.093%	$73.5M	$147.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2980	+0.116%	$53.4M	$45.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2940	+0.023%	$71.0M	$127.6M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2930	0.000%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2987	+0.134%	$8.1M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3144	+0.498%	$252K	$948K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3190	+0.606%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3190	+0.606%	$166K	$794K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2947	+0.040%	$269K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2918	−0.028%	$57K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3020	+0.210%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3000	+0.163%	$461K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2950	+0.047%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2889	−0.095%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2938	+0.018%	$200K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2990	+0.140%	$13.4M	$31.7M	75x	as long as short
Kalshi KXNEARPERP	+0.0261%	8h	4.2912	−0.042%	$781K	$23.9M	2.2x	as long as short
Pacifica NEAR	+0.0263%	1h	4.2927	−0.006%	$396K	$1.3M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0322% / S −0.0198%	1h	4.2918	−0.029%	$232K	—	100x	as long as short
SoDEX NEAR-USD	+0.0329%	1h	4.2905	−0.058%	$6K	$53K	10x	as long as short
Aster NEARUSDT	+0.0332%	8h	4.2980	+0.116%	$2.8M	$5.5M	50x	as long as short
01 Exchange NEARUSD	+0.0528%	1h	4.2959	+0.068%	$13K	$7K	10x	as long as short
Extended NEAR-USD	+0.0560%	1h	4.2947	+0.040%	$3.7M	$19.8M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0563%	1h	4.2974	+0.102%	$1.3M	$6.8M	20x	as long as short
Nado NEAR-PERP	+0.0567%	1h	4.2900	−0.070%	$1.8M	$3.1M	10x	as long as short
Hyperliquid NEAR	+0.0574%	1h	4.2954	+0.056%	$351.6M	$313.0M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.2960	+0.070%	$211K	$1.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUALlong	+0.0659%	1h	4.2930	long leg	$1.9M	$9.9M	25x
Kraken Futures PF_NEARUSD	+0.0718%	1h	4.2904	−0.061%	$7.5M	$38.9M	50x	as long as short
Lighter RH NEAR	+0.0920%	1h	4.3008	+0.182%	$1.5M	$7.4M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3300	+0.862%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.1032%	1h	4.3038	+0.252%	$17.4M	$25.1M	15x	as long as short
RISEx NEAR/USDCshort	+0.1162%	1h	4.2937	+0.015%	$668K	$1.3M	10x
Aftermath Perps NEARUSD	+0.1539%	1h	4.3173	+0.566%	$5K	$12K	10x	as long as short