NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0338%/8h= +37.0% APRnext payment +$0.42 per $10,000 · paid last 24h +0.045%

Price spread now: RISEx against Kraken Futures+0.140%7-day average +0.008% · 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−$33as in the Price arb table

costs, in and out, $10k−$460.459% of the position

Long on Kraken Futures Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.204%+$20 on $10k

Price spread, last 4 days (all we have)−0.583%−$58 · spread now +0.140%, 7d avg +0.008%

Together, before fees−0.379%−$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and RISEx is 0.132% dearer against Kraken Futures than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_NEARUSD	4.4163	0.0588	pay 0.0074% / 1h	33m 27s	$8.1M	$39.9M	50x
Short	RISEx NEAR/USDC	4.4225	0.0926	get 0.0116% / 1h	33m 27s	$563K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.140%Rate

Funding earned: $70.9
Price spread: +0.140% → +0.008%: $13.19
Slippage, 4 orders: −$29.92
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $38.17
Costs to cover: 0.459%
Break-even: 3.2 days

Slippage from Kraken Futures: live order book, 6 min ago; RISEx: live order book, just now.

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, 6 min ago	11.65 bp	17.2 bp −$17	20.0 bp −$200	55.9 bp −$5,589	6588.1 bp −$3.29M
Sell RISEx live order book, just now	2.63 bp	5.6 bp −$6	14.5 bp −$145	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	4.4190	+0.061%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.3921	−0.548%	$2.2M	$15.3M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4128	−0.079%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3954	−0.474%	$598K	$22.0M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4230	+0.151%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.234%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4190	+0.061%	$117K	$514K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4156	−0.015%	$422K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4266	+0.233%	$271.7M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4239	+0.172%	$222.2M	$424.4M	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	4.4230	+0.151%	$62.7M	$300.3M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3987	−0.398%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4200	+0.084%	$32.1M	$63.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4230	+0.151%	$74.2M	$148.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4220	+0.129%	$55.0M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4207	+0.099%	$72.6M	$130.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4240	+0.174%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3977	−0.421%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4132	−0.070%	$265K	$978K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4140	−0.052%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4140	−0.052%	$170K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4220	+0.129%	$234K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4254	+0.206%	$56K	$217K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4080	−0.188%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4140	−0.052%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4220	+0.129%	$458K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4170	+0.016%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4159	−0.009%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4281	+0.268%	$206K	$40K	3x	as long as short
Hyperliquid NEAR	+0.0174%	1h	4.4237	+0.167%	$364.7M	$325.1M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0220%	1h	4.4191	+0.063%	$1.3M	$6.6M	20x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4180	+0.038%	$13.9M	$32.9M	75x	as long as short
Extended NEAR-USD	+0.0224%	1h	4.4152	−0.026%	$4.0M	$19.6M	25x	as long as short
01 Exchange NEARUSD	+0.0248%	1h	4.4204	+0.093%	$13K	$7K	10x	as long as short
Aster NEARUSDT	+0.0291%	8h	4.4214	+0.114%	$3.0M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0330% / S −0.0206%	1h	4.4218	+0.125%	$240K	—	100x	as long as short
Lighter RH NEAR	+0.0488%	1h	4.4216	+0.120%	$1.5M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0543%	1h	4.4165	+0.004%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4240	+0.174%	$222K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSDlong	+0.0588%	1h	4.4163	long leg	$8.1M	$39.9M	50x
Phoenix NEAR	+0.0794%	1h	4.4203	+0.090%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.0896%	1h	4.4216	+0.121%	$17.8M	$26.3M	15x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0905%	1h	4.4191	+0.063%	$1.9M	$6.9M	25x	as long as short
RISEx NEAR/USDCshort	+0.0926%	1h	4.4225	+0.140%	$563K	$1.4M	10x
Aftermath Perps NEARUSD	+0.1525%	1h	4.4268	+0.238%	$6K	$12K	10x	as long as short