NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against KuCoin+0.022%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$450.445% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.230%+$23 on $10k

Price spread, last 4 days (all we have)+0.635%+$64 · spread now +0.022%, 7d avg −0.019%

Together, before fees+0.866%+$87 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.042% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NEARUSDTM	4.4940	0.0100	pay 0.0100% / 8h	5h 25m	$56.3M	$44.6M	75x
Short	BloFin NEAR-USDT	4.4950	0.0220	get 0.0220% / 8h	5h 25m	$13.9M	$32.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.022%Rate

Funding earned: $25.2
Price spread: +0.022% → −0.019%: $4.16
Slippage, 4 orders: −$20.51
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$15.15
Costs to cover: 0.445%
Break-even: 11.2 days

Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 4 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 KuCoin live order book, 4 min ago	3.38 bp	12.3 bp −$12	29.2 bp −$292	103.4 bp −$10.3K	doesn't fit
Sell BloFin live order book, 4 min ago	1.13 bp	7.1 bp −$7	9.6 bp −$96	38.5 bp −$3,846	100.5 bp −$50.3K

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	−0.085%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.4923	−0.038%	$2.2M	$14.9M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4836	−0.231%	$111K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4876	−0.142%	$659K	$20.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.4922	−0.040%	$207K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.855%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4900	−0.089%	$117K	$490K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4834	−0.235%	$423K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4987	+0.104%	$273.9M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4950	+0.022%	$226.5M	$420.1M	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	4.4880	−0.134%	$64.5M	$298.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4421	−1.156%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4918	−0.049%	$32.6M	$63.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4950	+0.022%	$78.2M	$143.6M	200x	as long as short
KuCoin NEARUSDTMlong	+0.0100%	8h	4.4940	long leg	$56.3M	$44.6M	75x
Bitget NEARUSDT	+0.0100%	8h	4.4876	−0.142%	$73.9M	$127.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4890	−0.111%	—	$145.5M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4586	−0.788%	$8.7M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4330	−1.357%	$266K	$985K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4439	−1.114%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4320	−1.380%	$173K	$793K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4943	+0.007%	$223K	$3.7M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4901	−0.087%	$62K	$195K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4960	+0.045%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4910	−0.067%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.5000	+0.134%	$469K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4900	−0.089%	$3.9M	$8.1M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4879	−0.137%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4861	−0.176%	$3.9M	$18.7M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4920	−0.045%	$209K	$34K	3x	as long as short
BloFin NEAR-USDTshort	+0.0220%	8h	4.4950	+0.022%	$13.9M	$32.8M	75x
Aster NEARUSDT	+0.0247%	8h	4.4940	0.000%	$3.1M	$5.4M	50x	as long as short
01 Exchange NEARUSD	+0.0352%	1h	4.4979	+0.087%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0355% / S −0.0246%	1h	4.4916	−0.053%	$265K	—	100x	as long as short
Nado NEAR-PERP	+0.0369%	1h	4.4890	−0.110%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.4970	+0.067%	$214K	$1.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0545%	1h	4.4815	−0.278%	$1.4M	$6.6M	20x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0641%	1h	4.4953	+0.029%	$2.0M	$4.4M	25x	as long as short
Hyperliquid NEAR	+0.0673%	1h	4.4973	+0.073%	$374.3M	$310.2M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0685%	1h	4.4952	+0.027%	$8.3M	$41.0M	50x	as long as short
Lighter RH NEAR	+0.0688%	1h	4.5016	+0.169%	$1.7M	$7.0M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.4889	−0.113%	$1.9M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.4968	+0.062%	$543K	$1.3M	10x	as long as short
Lighter NEAR	+0.1264%	1h	4.5026	+0.190%	$18.0M	$26.0M	15x	as long as short
Aftermath Perps NEARUSD	+0.1573%	1h	4.4432	−1.131%	$6K	$12K	10x	as long as short