NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Polymarket Perps against gTrade (Gains Network)−0.028%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$292as in the Price arb table

costs, in and out, $10k−$2882.877% of the position

Long on gTrade (Gains Network)Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.094%+$9 on $10k

Price spread, last 4 days (all we have)−0.305%−$31 · spread now −0.028%, 7d avg +0.017%

Together, before fees−0.211%−$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.045% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.017%). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) NEAR/USD	4.3166	L +0.0004% / S −0.0006%	pay 0.0001% / 1h	41m 13s	$162K	—	150x
Short	Polymarket Perps NEAR-USD	4.3154	0.0100	get 0.0013% / 1h	41m 13s	$271K	$3.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.028%Rate

Funding earned: $20.11
Price spread: −0.028% → +0.017%: −$4.51
Slippage, 4 orders: −$269.68
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$272.09
Costs to cover: 2.877%
Break-even: 101.7 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 13 min ago; Polymarket Perps: live order book, 3 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), 13 min ago	130.02 bp	135.0 bp −$135	875.9 bp −$8,759	9405.5 bp −$940.5K	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	2.42 bp	7.7 bp −$8	9.9 bp −$99	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	4.3170	+0.010%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3091	−0.174%	$106K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USDlong	L +0.0004% / S −0.0006%	1h	4.3166	long leg	$162K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.069%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3316	+0.347%	$2.3M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3150	−0.038%	$107K	$501K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3310	+0.333%	$265.7M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3252	+0.199%	$215.2M	$428.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3240	+0.171%	$61.4M	$291.6M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3400	+0.541%	$247K	−$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	4.3188	+0.050%	$31.8M	$60.9M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3260	+0.217%	$73.1M	$144.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3200	+0.078%	$53.6M	$46.3M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3202	+0.083%	$71.1M	$128.9M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3200	+0.078%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3397	+0.535%	$8.4M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3357	+0.441%	$254K	$947K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3214	+0.111%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3400	+0.541%	$167K	$799K	50x	as long as short
Polymarket Perps NEAR-USDshort	+0.0100%	1h	4.3154	−0.028%	$271K	$3.9M	10x
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3231	+0.150%	$57K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3280	+0.263%	$1K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3360	+0.449%	$470K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3300	+0.310%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3084	−0.190%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3244	+0.180%	$201K	$37K	3x	as long as short
Kalshi KXNEARPERP	+0.0145%	8h	4.3047	−0.276%	$724K	$23.5M	2.2x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3280	+0.263%	$13.7M	$32.1M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3117	−0.115%	$409K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0312%	8h	4.3175	+0.020%	$2.9M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0194%	1h	4.3172	+0.014%	$231K	—	100x	as long as short
SoDEX NEAR-USD	+0.0406%	1h	4.3272	+0.245%	$8K	$49K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0501%	1h	4.3095	−0.165%	$1.4M	$6.6M	20x	as long as short
01 Exchange NEARUSD	+0.0520%	1h	4.3174	+0.018%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0598%	1h	4.3198	+0.073%	$354.4M	$321.0M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3160	−0.015%	$211K	$1.6M	10x	as long as short
Nado NEAR-PERP	+0.0671%	1h	4.3147	−0.045%	$1.8M	$3.1M	10x	as long as short
Extended NEAR-USD	+0.0680%	1h	4.3259	+0.216%	$3.8M	$19.8M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0712%	1h	4.3314	+0.342%	$7.6M	$39.3M	50x	as long as short
Lighter RH NEAR	+0.0872%	1h	4.3366	+0.463%	$1.5M	$7.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0908%	1h	4.3235	+0.159%	$1.9M	$8.9M	25x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3302	+0.314%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.1152%	1h	4.3366	+0.463%	$17.5M	$24.9M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3155	−0.026%	$654K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1576%	1h	4.3318	+0.351%	$5K	$12K	10x	as long as short