Settings8H · net · $10k
Funding arb · Price arb /

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0414%/8h= +45.3% APRnext payment +$0.52 per $10,000 · paid last 24h +0.029%
Price spread now: ApeX Omni against gTrade (Gains Network)−0.477%67s7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3073.074% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.097%+$10 on $10k
Price spread, last 4 days (all we have)+0.683%+$68 · spread now −0.477%, 7d avg +0.075%
Together, before fees+0.781%+$78 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.552% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.477% now, against its 7-day average of +0.075%). If the spread goes back, that is −$55 on $10k: about 4.4 days of funding at the current rate (+$12 a day). At the pace of the last 3 days (+0.097% in total) that is about 19 days. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.097% in total (about 10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.3789L +0.0004% / S −0.0010%pay 0.0001% / 1h9m 41s$156K150x
ShortApeX Omni NEARUSDT4.35800.0418get 0.0052% / 1h9m 41s$167K$796K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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

Funding earned
$86.93
Price spread: −0.477% → +0.075%
−$55.24
Slippage, 4 orders
−$287.42
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$275.73
Costs to cover
3.074%
Break-even
29.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 39 min ago; ApeX Omni: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) virtual book (oracle venue), 39 min ago130.02 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.5Kdoesn't fit
Sell ApeX Omni live order book, 39 min ago8.16 bp16.7 bp −$1789.4 bp −$894doesn't fitdoesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3818+0.066%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3820+0.070%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0010%1h4.3789long leg$156K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.433%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3850+0.139%$116K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3827+0.087%$219.4M$421.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3830+0.094%$62.0M$291.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3500−0.660%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3843+0.123%$33.2M$60.8M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3870+0.185%$52.9M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3831+0.096%$71.9M$126.3M75xas long as short
Variational Omni NEAR+0.0100%8h4.3607−0.415%$8.8M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.3575−0.490%$255K$962K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3591−0.451%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3844+0.126%$282K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3839+0.114%$57K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3900+0.253%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3820+0.071%$474K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3830+0.094%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3811+0.050%$32K$60810xas long as short
Aevo NEAR-PERP+0.0112%1h4.3854+0.148%$204K$37K3xas long as short
BingX NEAR-USDT+0.0119%8h4.3850+0.139%$143.5Mas long as short
MEXC NEAR_USDT+0.0125%8h4.3870+0.185%$83.8M$146.1M200xas long as short
Binance NEARUSDT+0.0130%8h4.3887+0.223%$267.1M$1.09B75xas long as short
BloFin NEAR-USDT+0.0245%8h4.3630−0.363%$13.3M$32.1M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3881+0.210%$2.3M$16.3M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0313% / S −0.0201%1h4.3790+0.002%$235K100xas long as short
Kalshi KXNEARPERP+0.0313%8h4.3749−0.091%$1.0M$24.6M2.2xas long as short
Aster NEARUSDT+0.0339%8h4.3860+0.162%$2.8M$5.2M50xas long as short
Nado NEAR-PERP+0.0401%1h4.3850+0.139%$1.7M$3.2M10xas long as short
ApeX Omni NEARUSDTshort+0.0418%1h4.3580−0.477%$167K$796K50x
Extended NEAR-USD+0.0488%1h4.3828+0.089%$3.7M$19.3M25xas long as short
SoDEX NEAR-USD+0.0525%1h4.3825+0.082%$5K$52K10xas long as short
Hyperliquid NEAR+0.0664%1h4.3893+0.238%$360.5M$309.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0688%1h4.3915+0.288%$1.3M$6.6M20xas long as short
01 Exchange NEARUSD+0.0720%1h4.3737−0.119%$13K$7K10xas long as short
Kraken Futures PF_NEARUSD+0.0722%1h4.3806+0.039%$7.4M$39.1M50xas long as short
Arcus NEAR-USD+0.0814%1h4.3720−0.158%$226K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.3865+0.173%$402K$1.4M10xas long as short
Lighter NEAR+0.0912%1h4.3904+0.262%$17.2M$25.2M15xas long as short
Phoenix NEAR+0.1033%1h4.3660−0.295%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1104%1h4.3908+0.272%$1.5M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.3724−0.149%$685K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1297%1h4.3516−0.623%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1417%1h4.3862+0.167%$2.0M$11.9M25xas long as short