NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Popdex against Bulk−0.741%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$690.694% of the position

Long on Bulk Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.972%+$97 · spread now −0.741%, 7d avg +0.013%

Together, before fees+0.967%+$97 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.754% cheaper against Bulk than usual: you would sell low and buy high, −$75 on $10k if it goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk NEAR-USD	4.4550	0.0100	pay 0.0013% / 1h	38m 15s	$254K	−$0	10x
Short	Popdex NEARUSDT	4.4220	0.0096	get 0.0012% / 1h	38m 15s	$117K	$515K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against Bulk. 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 BulkbpFee PopdexbpOrdersPrice spread, now −0.741%Rate

Funding earned: −$0.84
Price spread: −0.741% → +0.013%: −$75.39
Slippage, 4 orders: −$56.01
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$145.64
Costs to cover: 0.694%
Break-even: never at this rate

Slippage from Bulk: live order book, 21 min ago; Popdex: live order book, 21 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 Bulk live order book, 21 min ago	11.15 bp	14.6 bp −$15	14.6 bp −$146	33.3 bp −$3,330	48.2 bp −$24.1K
Sell Popdex live order book, 21 min ago	12.27 bp	21.4 bp −$21	55.2 bp −$552	doesn't fit	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	4.4161	−0.872%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4177	−0.837%	$2.2M	$15.3M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4146	−0.907%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4209	−0.765%	$607K	$22.0M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4149	−0.899%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.048%	$578	$302K	12x	as long as short
Popdex NEARUSDTshort	+0.0096%	1h	4.4220	−0.741%	$117K	$515K	50x
Pacifica NEAR	+0.0100%	1h	4.4136	−0.928%	$422K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4089	−1.034%	$269.6M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4030	−1.167%	$221.2M	$424.3M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4050	−1.122%	$62.7M	$299.0M	50x	as long as short
Bulk NEAR-USDlong	+0.0100%	1h	4.4550	long leg	$254K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.4049	−1.125%	$31.9M	$63.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4090	−1.033%	$74.0M	$148.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4080	−1.055%	$54.8M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4026	−1.176%	$72.3M	$130.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4060	−1.100%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4567	+0.038%	$8.7M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4571	+0.047%	$267K	$976K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4605	+0.124%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4600	+0.112%	$171K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4221	−0.738%	$238K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4122	−0.961%	$56K	$217K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4290	−0.584%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4094	−1.024%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4160	−0.875%	$460K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4130	−0.943%	$3.8M	$8.5M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4196	−0.794%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4143	−0.914%	$205K	$40K	3x	as long as short
Hyperliquid NEAR	+0.0158%	1h	4.4105	−0.999%	$364.0M	$324.5M	10x	as long as short
Extended NEAR-USD	+0.0200%	1h	4.4059	−1.102%	$4.0M	$19.6M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0204%	1h	4.4083	−1.048%	$1.3M	$6.6M	20x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4190	−0.808%	$13.9M	$32.9M	75x	as long as short
01 Exchange NEARUSD	+0.0240%	1h	4.4246	−0.682%	$13K	$7K	10x	as long as short
Aster NEARUSDT	+0.0290%	8h	4.4199	−0.788%	$3.0M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0330% / S −0.0206%	1h	4.4132	−0.939%	$240K	—	100x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0339%	1h	4.4133	−0.936%	$1.9M	$6.8M	25x	as long as short
Lighter RH NEAR	+0.0464%	1h	4.4117	−0.972%	$1.5M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0553%	1h	4.4185	−0.819%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4600	+0.112%	$220K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0589%	1h	4.4103	−1.003%	$8.2M	$39.9M	50x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4453	−0.218%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.0848%	1h	4.4143	−0.914%	$17.8M	$26.3M	15x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4262	−0.645%	$562K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1549%	1h	4.4442	−0.242%	$6K	$12K	10x	as long as short