NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0384%/8h= +42.0% APRnext payment +$0.48 per $10,000 · paid last 24h −0.049%

Price spread now: Coinbase International against Extended+0.046%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 4 days (all we have)+0.159%+$16 · spread now +0.046%, 7d avg +0.036%

Together, before fees−0.061%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.220%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.220% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.48 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	Extended NEAR-USD	4.3210	0.0104	pay 0.0013% / 1h	56m 44s	$3.6M	$17.7M	25x
Short	Coinbase International NEAR-PERP-INTX	4.3230	0.0488	get 0.0061% / 1h	56m 44s	$2.3M	$16.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now +0.046%Rate

Funding earned: $80.64
Price spread: +0.046% → +0.036%: $1.03
Slippage, 4 orders: −$19.17
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $47.51
Costs to cover: 0.342%
Break-even: 2.9 days

Slippage from Extended: live order book, 2 min ago; Coinbase International: live order book, 2 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 Extended live order book, 2 min ago	0.46 bp	3.9 bp −$4	9.4 bp −$94	572.7 bp −$57.3K	doesn't fit
Sell Coinbase International live order book, 2 min ago	4.40 bp	9.6 bp −$10	14.8 bp −$148	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	−0.063%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3189	−0.048%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3178	−0.073%	$162K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0017%	1h	4.3187	−0.053%	$7.1M	$38.3M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.166%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3210	0.000%	$105K	$492K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3197	−0.030%	$218.4M	$431.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3180	−0.069%	$60.7M	$290.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3150	−0.138%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3210	0.000%	$35.2M	$61.5M	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	4.3240	+0.070%	$52.4M	$45.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3209	−0.002%	$71.5M	$128.6M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3137	−0.168%	$8.6M	$18.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3174	−0.084%	$250K	$896K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3153	−0.131%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3150	−0.139%	$163K	$804K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3210	0.000%	$278K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3211	+0.002%	$58K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3300	+0.208%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3215	+0.012%	$5K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3310	+0.232%	$458K	$3.8M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3230	+0.046%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.3187	−0.053%	$31K	$585	10x	as long as short
Extended NEAR-USDlong	+0.0104%	1h	4.3210	long leg	$3.6M	$17.7M	25x
Aevo NEAR-PERP	+0.0136%	1h	4.3223	+0.031%	$201K	$38K	3x	as long as short
BingX NEAR-USDT	+0.0202%	8h	4.3210	0.000%	—	$144.8M	—	as long as short
Kalshi KXNEARPERP	+0.0209%	8h	4.3234	+0.056%	$937K	$25.1M	2.2x	as long as short
MEXC NEAR_USDT	+0.0213%	8h	4.3220	+0.023%	$76.8M	$148.0M	200x	as long as short
Binance NEARUSDT	+0.0215%	8h	4.3200	−0.023%	$262.5M	$1.09B	75x	as long as short
Aster NEARUSDT	+0.0243%	8h	4.3198	−0.027%	$2.7M	$4.8M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0313% / S −0.0201%	1h	4.3173	−0.087%	$231K	—	100x	as long as short
Nado NEAR-PERP	+0.0314%	1h	4.3224	+0.033%	$1.6M	$3.2M	10x	as long as short
BloFin NEAR-USDT	+0.0334%	8h	4.3240	+0.070%	$13.5M	$32.0M	75x	as long as short
01 Exchange NEARUSD	+0.0392%	1h	4.3246	+0.083%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0424%	1h	4.3244	+0.079%	$1.3M	$7.0M	20x	as long as short
Hyperliquid NEAR	+0.0463%	1h	4.3255	+0.104%	$351.2M	$315.2M	10x	as long as short
Coinbase International NEAR-PERP-INTXshort	+0.0488%	1h	4.3230	+0.046%	$2.3M	$16.6M	50x
Arcus NEAR-USD	+0.0638%	1h	4.3250	+0.093%	$228K	$1.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0699%	1h	4.3229	+0.044%	$1.9M	$13.0M	25x	as long as short
Lighter NEAR	+0.0728%	1h	4.3279	+0.159%	$17.0M	$24.8M	15x	as long as short
Lighter RH NEAR	+0.0728%	1h	4.3246	+0.083%	$1.5M	$6.6M	10x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3202	−0.018%	$407K	$1.5M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3221	+0.026%	$656K	$1.4M	10x	as long as short
Phoenix NEAR	+0.1003%	1h	4.3206	−0.009%	$1.8M	$2.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1279%	1h	4.3258	+0.111%	$5K	$12K	10x	as long as short