NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0681%/8h= −74.6% APRnext payment −$0.85 per $10,000 · paid last 24h −0.113%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.067%7-day average −0.037% · 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−$309as in the Price arb table

costs, in and out, $10k−$3063.062% of the position

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.303%−$30 on $10k

Price spread, last 4 days (all we have)−0.055%−$6 · spread now −0.067%, 7d avg −0.037%

Together, before fees−0.358%−$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and gTrade (Gains Network) is 0.031% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.037%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_NEARUSD	4.4952	0.0685	pay 0.0086% / 1h	24m 45s	$8.3M	$41.0M	50x
Short	gTrade (Gains Network) NEAR/USD	4.4922	L +0.0004% / S −0.0004%	get 0.0001% / 1h	24m 45s	$207K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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 Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.067%Rate

Funding earned: −$143.04
Price spread: −0.067% → −0.037%: −$3.07
Slippage, 4 orders: −$286.21
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$452.32
Costs to cover: 3.062%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 39 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 Kraken Futures live order book, 4 min ago	6.77 bp	12.3 bp −$12	14.3 bp −$143	55.4 bp −$5,535	6661.1 bp −$3.33M
Sell gTrade (Gains Network) virtual book (oracle venue), 39 min ago	130.01 bp	137.7 bp −$138	1007.8 bp −$10.1K	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	4.4902	−0.113%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.4923	−0.065%	$2.2M	$14.9M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4974	+0.048%	$111K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4876	−0.170%	$659K	$20.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USDshort	L +0.0004% / S −0.0004%	1h	4.4922	−0.067%	$207K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.880%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4900	−0.116%	$117K	$490K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4992	+0.089%	$425K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.5010	+0.128%	$274.0M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4981	+0.064%	$226.7M	$420.4M	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	4.4940	−0.027%	$64.5M	$299.3M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4421	−1.183%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4957	+0.011%	$32.6M	$63.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4980	+0.062%	$77.6M	$143.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4970	+0.039%	$56.4M	$44.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4939	−0.030%	$74.0M	$127.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4960	+0.017%	—	$145.8M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4586	−0.815%	$8.7M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4330	−1.384%	$266K	$985K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4439	−1.141%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4320	−1.407%	$173K	$793K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4943	−0.021%	$223K	$3.7M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4901	−0.114%	$62K	$195K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4960	+0.017%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4910	−0.094%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.5000	+0.106%	$469K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4900	−0.116%	$3.9M	$8.1M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4879	−0.164%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4922	−0.068%	$3.9M	$18.7M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4920	−0.072%	$209K	$34K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4950	−0.005%	$13.9M	$32.8M	75x	as long as short
Aster NEARUSDT	+0.0259%	8h	4.5027	+0.165%	$3.1M	$5.4M	50x	as long as short
01 Exchange NEARUSD	+0.0352%	1h	4.4979	+0.059%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0355% / S −0.0246%	1h	4.4916	−0.080%	$265K	—	100x	as long as short
Nado NEAR-PERP	+0.0369%	1h	4.4890	−0.137%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.4970	+0.039%	$214K	$1.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0558%	1h	4.5018	+0.146%	$1.4M	$6.6M	20x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0641%	1h	4.4953	+0.002%	$2.0M	$4.4M	25x	as long as short
Hyperliquid NEAR	+0.0669%	1h	4.5016	+0.141%	$374.7M	$309.6M	10x	as long as short
Kraken Futures PF_NEARUSDlong	+0.0685%	1h	4.4952	long leg	$8.3M	$41.0M	50x
Lighter RH NEAR	+0.0696%	1h	4.5032	+0.177%	$1.7M	$7.0M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.4889	−0.141%	$1.9M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.4968	+0.035%	$543K	$1.3M	10x	as long as short
Lighter NEAR	+0.1272%	1h	4.5039	+0.192%	$18.0M	$26.0M	15x	as long as short
Aftermath Perps NEARUSD	+0.1573%	1h	4.4432	−1.158%	$6K	$12K	10x	as long as short