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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against Popdex−0.159%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 pays, the price is against you. SoDEX is 0.159% cheaper against Popdex than usual: you would sell low and buy high (spread −0.159% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 6.6 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex NEARUSDT4.41500.0096pay 0.0012% / 1h11m 47s$113K$517K50x
ShortSoDEX NEAR-USD4.40800.0176get 0.0022% / 1h11m 47s$8K$52K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Popdex. 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
$16.89
Price spread: −0.159% → 0.000%
−$15.86
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$13.37
Costs to cover
0.144%
Break-even
12.5 days
Slippage unknown: Popdex: live order book, 47 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 Popdex live order book, 47 min ago12.27 bp18.7 bp −$1958.0 bp −$580doesn'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%1h4.4071−0.179%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4127−0.052%$2.2M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4159+0.019%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4155+0.011%$620K$22.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4078−0.162%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.206%$578$302K12xas long as short
Popdex NEARUSDTlong+0.0096%1h4.4150long leg$113K$517K50x
Pacifica NEAR+0.0100%1h4.4188+0.087%$420K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4090−0.136%$271.7M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4080−0.159%$222.0M$424.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4100−0.113%$63.0M$298.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4054−0.217%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4073−0.174%$32.1M$64.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4090−0.136%$74.8M$150.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4090−0.136%$54.9M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4094−0.127%$72.4M$130.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4090−0.136%$147.3Mas long as short
Variational Omni NEAR+0.0100%8h4.4137−0.029%$8.6M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.4159+0.020%$265K$980K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4070−0.181%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4090−0.136%$170K$801K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4132−0.041%$244K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4109−0.093%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4170+0.045%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4180+0.068%$457K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.41500.000%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4154+0.010%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4130−0.046%$205K$40K3xas long as short
SoDEX NEAR-USDshort+0.0176%1h4.4080−0.159%$8K$52K10x
BloFin NEAR-USDT+0.0220%8h4.4170+0.045%$13.8M$32.8M75xas long as short
Aster NEARUSDT+0.0307%8h4.4131−0.042%$3.0M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0321% / S −0.0190%1h4.4080−0.158%$234K100xas long as short
Backpack NEAR_USDC_PERP+0.0335%1h4.4145−0.011%$1.3M$6.5M20xas long as short
01 Exchange NEARUSD+0.0344%1h4.4205+0.125%$13K$7K10xas long as short
Hyperliquid NEAR+0.0381%1h4.4157+0.015%$364.2M$325.0M10xas long as short
Extended NEAR-USD+0.0448%1h4.4082−0.154%$3.9M$19.7M25xas long as short
Nado NEAR-PERP+0.0549%1h4.4065−0.193%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4190+0.091%$218K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0589%1h4.4107−0.097%$8.1M$39.6M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0612%1h4.4110−0.091%$2.0M$7.3M25xas long as short
Lighter RH NEAR+0.0680%1h4.4163+0.029%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4173+0.052%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.4197+0.107%$592K$1.4M10xas long as short
Lighter NEAR+0.0976%1h4.4181+0.070%$17.8M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1577%1h4.4148−0.005%$5K$12K10xas long as short