NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0121%/8h= +13.2% APRnext payment +$0.15 per $10,000 · paid last 24h +0.077%

Price spread now: Kraken Futures against ApeX Omni−0.838%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$590.592% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.146%+$15 on $10k

Price spread, last 3 days (all we have)+0.629%+$63 · spread now −0.838%, 7d avg −0.041%

Together, before fees+0.775%+$77 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.797% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.838% now, against its 7-day average of −0.041%). If the spread goes back, that is −$80 on $10k: about 22 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni NEARUSDT	4.3230	0.0100	pay 0.0013% / 1h	56m 33s	$177K	$776K	50x
Short	Kraken Futures PF_NEARUSD	4.2868	0.0221	get 0.0028% / 1h	56m 33s	$7.8M	$37.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. 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 ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now −0.838%Rate

Funding earned: $25.35
Price spread: −0.838% → −0.041%: −$79.7
Slippage, 4 orders: −$39.23
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$113.58
Costs to cover: 0.592%
Break-even: 38.4 days

Slippage from ApeX Omni: live order book, 12 min ago; Kraken Futures: live order book, 3 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 ApeX Omni live order book, 12 min ago	5.79 bp	14.1 bp −$14	99.5 bp −$995	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	7.06 bp	12.4 bp −$12	13.4 bp −$134	52.8 bp −$5,283	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	4.2914	−0.730%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3146	−0.194%	$2.2M	$13.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2802	−0.991%	$111K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2928	−0.699%	$394K	$18.8M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2881	−0.808%	$156K	—	150x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0007%	1h	4.2892	−0.782%	$1.9M	$4.0M	25x	as long as short
Variational Omni NEAR	+0.0016%	8h	4.2957	−0.630%	$8.2M	$18.8M	—	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.210%	$578	$302K	12x	as long as short
Phemex NEARUSDT	+0.0082%	8h	4.2860	−0.856%	$3.8M	$8.3M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2870	−0.833%	$114K	$475K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.2876	−0.819%	$57K	$162K	20x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2858	−0.860%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2820	−0.948%	$403K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2818	−0.952%	$255.7M	$1.05B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2790	−1.018%	$217.5M	$417.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2780	−1.041%	$60.3M	$274.8M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2840	−0.902%	$203K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3162	−0.157%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2794	−1.009%	$30.7M	$59.8M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2810	−0.972%	$73.2M	$136.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2810	−0.972%	$55.2M	$42.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2797	−1.002%	$70.8M	$122.8M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2810	−0.972%	—	$142.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3195	−0.080%	$259K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3258	+0.066%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDTlong	+0.0100%	1h	4.3230	long leg	$177K	$776K	50x
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2979	−0.581%	$208K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3140	−0.208%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2850	−0.879%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.2910	−0.740%	$448K	$3.7M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2795	−1.007%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2782	−1.037%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2853	−0.872%	$200K	$31K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2890	−0.786%	$13.1M	$27.5M	75x	as long as short
Kraken Futures PF_NEARUSDshort	+0.0221%	1h	4.2868	−0.838%	$7.8M	$37.8M	50x
01 Exchange NEARUSD	+0.0304%	1h	4.2870	−0.833%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0382%	1h	4.2959	−0.627%	$1.9M	$3.1M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0388% / S −0.0329%	1h	4.2874	−0.823%	$286K	—	100x	as long as short
Lighter RH NEAR	+0.0496%	1h	4.2864	−0.847%	$1.6M	$6.9M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3191	−0.090%	$1.8M	$2.5M	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.2833	−0.919%	$425K	$1.2M	10x	as long as short
Hyperliquid NEAR	+0.0699%	1h	4.2850	−0.879%	$362.7M	$302.5M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0752%	1h	4.2867	−0.840%	$1.3M	$5.9M	20x	as long as short
Lighter NEAR	+0.1288%	1h	4.2907	−0.746%	$17.1M	$24.3M	15x	as long as short
Aftermath Perps NEARUSD	+0.1498%	1h	4.3145	−0.197%	$5K	$12K	10x	as long as short