NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: Popdex against dYdX+0.210%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−$72as in the Price arb table

costs, in and out, $10k−$900.901% of the position

Long on dYdX Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.103%+$10 on $10k

Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.210%, 7d avg +0.034%

Together, before fees+0.039%+$4 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 Popdex is 0.177% dearer against dYdX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX NEAR-USD	4.3109	0	get 0.0000% / 1h	34m 21s	$106K	$68K	10x
Short	Popdex NEARUSDT	4.3200	0.0096	get 0.0012% / 1h	34m 21s	$110K	$496K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against dYdX. 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 dYdXbpFee PopdexbpOrdersPrice spread, now +0.210%Rate

Funding earned: $20.16
Price spread: +0.210% → +0.034%: $17.67
Slippage, 4 orders: −$73.65
Fee dYdX: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$52.23
Costs to cover: 0.901%
Break-even: 25.1 days

Slippage from dYdX: live order book, 4 min ago; Popdex: live order book, 5 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 dYdX live order book, 4 min ago	28.93 bp	40.6 bp −$41	100.1 bp −$1,001	210.3 bp −$21.0K	681.3 bp −$340.6K
Sell Popdex live order book, 5 min ago	2.31 bp	8.1 bp −$8	62.4 bp −$624	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	4.3183	+0.171%	$2K	—	20x	as long as short
dYdX NEAR-USDlong	0.0000%	1h	4.3109	long leg	$106K	$68K	10x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3182	+0.169%	$162K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0017%	1h	4.3140	+0.071%	$7.1M	$38.3M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.942%	$578	$301K	12x	as long as short
Popdex NEARUSDTshort	+0.0096%	1h	4.3200	+0.210%	$110K	$496K	50x
Bybit NEARUSDT	+0.0100%	8h	4.3192	+0.192%	$218.1M	$430.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3190	+0.187%	$60.7M	$291.5M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3160	+0.117%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3178	+0.159%	$35.2M	$62.4M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NEARUSDTM	+0.0100%	8h	4.3190	+0.187%	$52.3M	$45.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3183	+0.171%	$71.5M	$128.1M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3217	+0.249%	$8.7M	$18.8M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3097	−0.028%	$250K	$899K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3207	+0.227%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3080	−0.068%	$164K	$815K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3216	+0.247%	$283K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3205	+0.222%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3280	+0.396%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3165	+0.129%	$5K	$53K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3180	+0.164%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3129	+0.046%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3158	+0.114%	$3.6M	$17.2M	25x	as long as short
HTX NEAR-USDT	+0.0125%	8h	4.3340	+0.535%	$461K	$3.8M	75x	as long as short
Aevo NEAR-PERP	+0.0128%	1h	4.3165	+0.130%	$201K	$38K	3x	as long as short
Kalshi KXNEARPERP	+0.0183%	8h	4.3208	+0.229%	$935K	$25.2M	2.2x	as long as short
Binance NEARUSDT	+0.0191%	8h	4.3204	+0.220%	$262.3M	$1.09B	75x	as long as short
Aster NEARUSDT	+0.0192%	8h	4.3190	+0.187%	$2.7M	$4.8M	50x	as long as short
MEXC NEAR_USDT	+0.0193%	8h	4.3210	+0.233%	$83.4M	$150.7M	200x	as long as short
BingX NEAR-USDT	+0.0199%	8h	4.3190	+0.187%	—	$145.1M	—	as long as short
Hyperliquid NEAR	+0.0222%	1h	4.3226	+0.271%	$348.7M	$315.4M	10x	as long as short
01 Exchange NEARUSD	+0.0248%	1h	4.3214	+0.243%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0313%	8h	4.3190	+0.187%	$13.3M	$31.8M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0315% / S −0.0204%	1h	4.3148	+0.089%	$232K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0397%	1h	4.3187	+0.180%	$1.1M	$7.0M	20x	as long as short
Nado NEAR-PERP	+0.0441%	1h	4.3190	+0.186%	$1.7M	$3.2M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3206	+0.224%	$2.3M	$16.8M	50x	as long as short
Lighter RH NEAR	+0.0504%	1h	4.3165	+0.129%	$1.5M	$6.6M	10x	as long as short
Arcus NEAR-USD	+0.0638%	1h	4.3200	+0.210%	$226K	$1.6M	10x	as long as short
Lighter NEAR	+0.0672%	1h	4.3154	+0.103%	$17.0M	$25.1M	15x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0724%	1h	4.3179	+0.162%	$1.9M	$13.2M	25x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3118	+0.019%	$406K	$1.5M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3179	+0.162%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3199	+0.208%	$599K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1246%	1h	4.3216	+0.247%	$5K	$7K	10x	as long as short