NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.91 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.117%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$520.523% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

Price spread, last 7 days−0.131%−$13 · spread now +0.117%, 7d avg +0.010%

Together, before fees−0.126%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.107% dearer against Binance than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of +0.010%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NEARUSDT	4.3120	0.0191	pay 0.0191% / 8h	34m 44s	$261.8M	$1.09B	75x
Short	KuCoin NEARUSDTM	4.3170	0.0100	get 0.0100% / 8h	34m 44s	$52.3M	$45.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.117%Rate

Funding earned: −$19.15
Price spread: +0.117% → +0.010%: $10.72
Slippage, 4 orders: −$30.29
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$60.71
Costs to cover: 0.523%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; KuCoin: 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 Binance live order book, 9 min ago	1.16 bp	6.2 bp −$6	9.3 bp −$93	31.2 bp −$3,120	104.6 bp −$52.3K
Sell KuCoin live order book, 4 min ago	2.31 bp	18.8 bp −$19	36.1 bp −$361	105.9 bp −$10.6K	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	4.3147	+0.063%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3109	−0.024%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3148	+0.067%	$161K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0017%	1h	4.3140	+0.047%	$7.1M	$38.3M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.965%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3200	+0.187%	$110K	$496K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3110	−0.022%	$217.7M	$430.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3100	−0.045%	$60.6M	$290.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3160	+0.094%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3115	−0.011%	$35.2M	$62.4M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NEARUSDTMshort	+0.0100%	8h	4.3170	+0.117%	$52.3M	$45.9M	75x
Bitget NEARUSDT	+0.0100%	8h	4.3104	−0.036%	$71.3M	$128.2M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3217	+0.225%	$8.7M	$18.8M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3097	−0.052%	$250K	$899K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3207	+0.203%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3080	−0.092%	$164K	$815K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3214	+0.219%	$283K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3164	+0.103%	$57K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3280	+0.372%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3165	+0.105%	$5K	$53K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3180	+0.140%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.3212	+0.215%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3124	+0.010%	$3.6M	$17.2M	25x	as long as short
HTX NEAR-USDT	+0.0125%	8h	4.3340	+0.511%	$461K	$3.8M	75x	as long as short
Aevo NEAR-PERP	+0.0128%	1h	4.3165	+0.106%	$201K	$38K	3x	as long as short
Kalshi KXNEARPERP	+0.0183%	8h	4.3208	+0.205%	$935K	$25.2M	2.2x	as long as short
Binance NEARUSDTlong	+0.0191%	8h	4.3120	long leg	$261.8M	$1.09B	75x
Aster NEARUSDT	+0.0192%	8h	4.3116	−0.008%	$2.7M	$4.8M	50x	as long as short
MEXC NEAR_USDT	+0.0193%	8h	4.3130	+0.024%	$83.2M	$150.7M	200x	as long as short
BingX NEAR-USDT	+0.0199%	8h	4.3130	+0.024%	—	$145.1M	—	as long as short
Hyperliquid NEAR	+0.0216%	1h	4.3135	+0.036%	$348.0M	$315.4M	10x	as long as short
01 Exchange NEARUSD	+0.0256%	1h	4.3211	+0.212%	$13K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0313%	8h	4.3190	+0.163%	$13.3M	$31.8M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0315% / S −0.0204%	1h	4.3148	+0.065%	$232K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0397%	1h	4.3187	+0.156%	$1.1M	$7.0M	20x	as long as short
Nado NEAR-PERP	+0.0448%	1h	4.3160	+0.094%	$1.7M	$3.2M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3206	+0.200%	$2.3M	$16.8M	50x	as long as short
Lighter RH NEAR	+0.0504%	1h	4.3165	+0.105%	$1.5M	$6.6M	10x	as long as short
Arcus NEAR-USD	+0.0638%	1h	4.3220	+0.233%	$226K	$1.6M	10x	as long as short
Lighter NEAR	+0.0672%	1h	4.3154	+0.079%	$17.0M	$25.1M	15x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0724%	1h	4.3179	+0.138%	$1.9M	$13.2M	25x	as long as short
Pacifica NEAR	+0.0949%	1h	4.3224	+0.243%	$407K	$1.5M	10x	as long as short
Phoenix NEAR	+0.0949%	1h	4.3179	+0.138%	$1.8M	$2.4M	10x	as long as short
RISEx NEAR/USDC	+0.0965%	1h	4.3214	+0.218%	$599K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1247%	1h	4.3230	+0.257%	$5K	$7K	10x	as long as short