Settings8H · net · $10k
Funding arb · Price arb /

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against Phemex−0.088%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.088% cheaper against Phemex than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex NEARUSDT4.32700.0100pay 0.0100% / 8h6h 37m$3.8M$8.3M50x
ShortSoDEX NEAR-USD4.32320.0100get 0.0013% / 1h37m 37s$5K$51K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Phemex. 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

Funding earned
$0
Price spread: −0.088% → 0.000%
−$8.78
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$28.78
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 6 min ago; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 6 min ago11.57 bp30.0 bp −$3068.4 bp −$684doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3381+0.256%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3313+0.099%$2.1M$13.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.3382+0.258%$108K$69K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3251−0.044%$517K$19.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3241−0.067%$201K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.299%$578$302K12xas long as short
Variational Omni NEAR+0.0043%8h4.3108−0.374%$8.2M$19.1Mas long as short
Popdex NEARUSDT+0.0096%1h4.3430+0.370%$116K$478K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3257−0.030%$57K$161K20xas long as short
Pacifica NEAR+0.0100%1h4.3385+0.266%$410K$1.2M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.3451+0.418%$259.6M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3410+0.324%$220.8M$419.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3400+0.300%$61.3M$281.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3470+0.462%$206K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3300+0.069%$247K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3423+0.354%$31.1M$60.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3410+0.324%$75.8M$137.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3350+0.185%$55.7M$42.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3426+0.361%$72.0M$123.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3430+0.370%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3236−0.078%$260K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3339+0.161%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3230−0.092%$179K$775K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3434+0.379%$214K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3320+0.116%$2K$1.4M20xas long as short
SoDEX NEAR-USDshort+0.0100%1h4.3232−0.088%$5K$51K10x
HTX NEAR-USDT+0.0100%8h4.3440+0.393%$442K$3.9M75xas long as short
Phemex NEARUSDTlong+0.0100%8h4.3270long leg$3.8M$8.3M50x
Paradex NEAR-USD-PERP+0.0100%8h4.3371+0.233%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3419+0.345%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3234−0.084%$201K$34K3xas long as short
Aster NEARUSDT+0.0112%8h4.3409+0.322%$3.0M$5.8M50xas long as short
Kraken Futures PF_NEARUSD+0.0219%1h4.3242−0.066%$7.9M$39.9M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3220−0.116%$13.2M$27.6M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0305%1h4.3257−0.030%$1.9M$4.1M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0360% / S −0.0278%1h4.3250−0.047%$260K100xas long as short
01 Exchange NEARUSD+0.0368%1h4.3475+0.474%$13K$7K10xas long as short
Nado NEAR-PERP+0.0442%1h4.3430+0.370%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0509%1h4.3479+0.483%$544K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.3150−0.277%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0656%1h4.3457+0.432%$1.6M$6.9M10xas long as short
Hyperliquid NEAR+0.0743%1h4.3395+0.289%$364.4M$303.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0790%1h4.3325+0.127%$1.4M$6.0M20xas long as short
Lighter NEAR+0.1432%1h4.3457+0.433%$17.3M$24.7M15xas long as short
Aftermath Perps NEARUSD+0.1438%1h4.3211−0.135%$5K$12K10xas long as short