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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0621%/8h= −68.0% APRnext payment $0.78 per $10,000 · paid last 24h −0.133%
Price spread now: gTrade (Gains Network) against Arcus−0.373%46s7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2852.853% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.425%−$42 on $10k
Price spread, last 4 days (all we have)+0.682%+$68 · spread now −0.373%, 7d avg −0.081%
Together, before fees+0.258%+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and gTrade (Gains Network) is 0.292% cheaper against Arcus than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.081%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus NEAR-USD4.32900.0627pay 0.0078% / 1h44m 42s$212K$1.6M10x
ShortgTrade (Gains Network) NEAR/USD4.3129L +0.0004% / S −0.0006%get 0.0001% / 1h44m 42s$162K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Arcus. 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
−$130.45
Price spread: −0.373% → −0.081%
−$29.17
Slippage, 4 orders
−$270.75
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$444.87
Costs to cover
2.853%
Break-even
never at this rate
Slippage from Arcus: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 4 min ago3.43 bp5.7 bp −$68.6 bp −$86doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 9 min ago130.02 bp137.7 bp −$1381007.8 bp −$10.1Kdoesn't fitdoesn't fit

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%1h4.3095−0.450%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3146−0.333%$106K$69K10xas long as short
gTrade (Gains Network) NEAR/USDshortL +0.0004% / S −0.0006%1h4.3129−0.373%$162K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.343%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3101−0.437%$2.2M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3250−0.092%$107K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3201−0.206%$265.6M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3180−0.254%$215.6M$428.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3190−0.231%$61.4M$290.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3771+1.111%$249K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3190−0.231%$31.6M$60.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3200−0.208%$71.9M$144.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3170−0.277%$53.7M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3229−0.141%$71.0M$128.9M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3230−0.139%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3397+0.248%$8.4M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3444+0.355%$254K$950K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3580+0.670%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3430+0.323%$167K$799K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3115−0.404%$260K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3206−0.194%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3270−0.046%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3130−0.370%$458K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3190−0.231%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3194−0.221%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3226−0.148%$201K$40K3xas long as short
Kalshi KXNEARPERP+0.0131%8h4.3220−0.162%$640K$23.1M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.3260−0.069%$13.7M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3163−0.294%$410K$1.2M10xas long as short
Aster NEARUSDT+0.0306%8h4.3160−0.300%$2.9M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0194%1h4.3111−0.413%$231K100xas long as short
SoDEX NEAR-USD+0.0404%1h4.3204−0.199%$8K$52K10xas long as short
Backpack NEAR_USDC_PERP+0.0477%1h4.3204−0.199%$1.3M$6.5M20xas long as short
01 Exchange NEARUSD+0.0520%1h4.3286−0.009%$13K$7K10xas long as short
Hyperliquid NEAR+0.0562%1h4.3174−0.268%$354.5M$319.9M10xas long as short
Arcus NEAR-USDlong+0.0627%1h4.3290long leg$212K$1.6M10x
Extended NEAR-USD+0.0656%1h4.3213−0.178%$3.8M$19.8M25xas long as short
Kraken Futures PF_NEARUSD+0.0713%1h4.3212−0.180%$7.6M$39.8M50xas long as short
Nado NEAR-PERP+0.0775%1h4.3097−0.446%$1.8M$3.1M10xas long as short
Lighter RH NEAR+0.0928%1h4.3197−0.215%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3717+0.986%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.1162%1h4.3293+0.007%$625K$1.4M10xas long as short
Lighter NEAR+0.1176%1h4.3243−0.108%$17.4M$24.9M15xas long as short
Aftermath Perps NEARUSD+0.1585%1h4.3477+0.432%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.2368%1h4.3281−0.021%$1.9M$8.7M25xas long as short