NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h +0.003%

Price spread now: dYdX against gTrade (Gains Network)+0.028%7-day average −0.005% · 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−$450as in the Price arb table

costs, in and out, $10k−$4544.535% of the position

Long on gTrade (Gains Network)Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.454%−$45 · spread now +0.028%, 7d avg −0.005%

Together, before fees−0.454%−$45 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.033% dearer against gTrade (Gains Network) than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) NEAR/USD	4.4078	L +0.0004% / S −0.0006%	pay 0.0001% / 1h	11m 39s	$165K	—	150x
Short	dYdX NEAR-USD	4.4091	0	get 0.0000% / 1h	11m 39s	$109K	$69K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee dYdXbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$0.89
Price spread: +0.028% → −0.005%: $3.27
Slippage, 4 orders: −$433.52
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$451.14
Costs to cover: 4.535%
Break-even: never at this rate

Slippage from gTrade (Gains Network): virtual book (oracle venue), 47 min ago; dYdX: live order book, 47 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 gTrade (Gains Network) virtual book (oracle venue), 47 min ago	130.01 bp	135.0 bp −$135	875.9 bp −$8,759	9405.5 bp −$940.5K	doesn't fit
Sell dYdX live order book, 47 min ago	84.80 bp	91.0 bp −$91	134.1 bp −$1,341	138.4 bp −$13.8K	159.1 bp −$79.6K

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	4.4071	−0.017%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4127	+0.110%	$2.2M	$15.5M	50x	as long as short
dYdX NEAR-USDshort	0.0000%	1h	4.4091	+0.028%	$109K	$69K	10x
Kalshi KXNEARPERP	0.0000%	8h	4.4155	+0.174%	$620K	$22.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USDlong	L +0.0004% / S −0.0006%	1h	4.4078	long leg	$165K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.054%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4150	+0.162%	$113K	$517K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4135	+0.128%	$420K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4144	+0.149%	$272.0M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4080	+0.003%	$222.0M	$424.1M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4060	−0.042%	$63.0M	$297.8M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4054	−0.055%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4065	−0.031%	$32.1M	$64.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4130	+0.117%	$75.0M	$150.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4140	+0.140%	$54.9M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4081	+0.006%	$72.4M	$130.0M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4090	+0.026%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4137	+0.133%	$8.6M	$18.1M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4159	+0.183%	$265K	$980K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4070	−0.019%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4090	+0.026%	$170K	$801K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4132	+0.121%	$244K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4109	+0.069%	$56K	$227K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4170	+0.208%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4180	+0.230%	$457K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4150	+0.162%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4085	+0.015%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4130	+0.116%	$205K	$40K	3x	as long as short
SoDEX NEAR-USD	+0.0176%	1h	4.4080	+0.003%	$8K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4170	+0.208%	$13.8M	$32.8M	75x	as long as short
Aster NEARUSDT	+0.0310%	8h	4.4145	+0.150%	$3.0M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0321% / S −0.0190%	1h	4.4080	+0.004%	$234K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0335%	1h	4.4145	+0.151%	$1.3M	$6.5M	20x	as long as short
01 Exchange NEARUSD	+0.0344%	1h	4.4205	+0.287%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0381%	1h	4.4157	+0.177%	$364.2M	$325.0M	10x	as long as short
Extended NEAR-USD	+0.0448%	1h	4.4066	−0.029%	$3.9M	$19.7M	25x	as long as short
Nado NEAR-PERP	+0.0549%	1h	4.4065	−0.031%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4150	+0.162%	$218K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0589%	1h	4.4107	+0.065%	$8.1M	$39.6M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0612%	1h	4.4110	+0.071%	$2.0M	$7.3M	25x	as long as short
Lighter RH NEAR	+0.0688%	1h	4.4187	+0.246%	$1.5M	$7.2M	10x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4173	+0.214%	$1.8M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4150	+0.161%	$593K	$1.4M	10x	as long as short
Lighter NEAR	+0.0976%	1h	4.4203	+0.282%	$17.8M	$26.5M	15x	as long as short
Aftermath Perps NEARUSD	+0.1577%	1h	4.4148	+0.157%	$5K	$12K	10x	as long as short