NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0525%/8h= −57.5% APRnext payment −$0.66 per $10,000 · paid last 24h −0.120%

Price spread now: Reya against Deribit−0.061%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Reya

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Reya is 0.061% cheaper against Deribit than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NEAR_USDC-PERPETUAL	4.3056	0.0354	pay 0.0044% / 1h	47m 57s	$1.9M	$3.0M	25x
Short	Reya NEARRUSDPERP	4.3030	−0.0171	pay 0.0021% / 1h	47m 57s	$2K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Deribit. 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 DeribitbpFee ReyabpOrdersPrice spread, now −0.061%Rate

Funding earned: −$110.22
Price spread: −0.061% → 0.000%: −$6.11
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: −$129.33
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 1 min ago; Reya: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 1 min ago	5.92 bp	9.4 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NEARUSDT	−0.0213%	8h	4.2970	−0.200%	$3.8M	$8.5M	50x	as long as short
Bybit NEARUSDT	−0.0182%	8h	4.2950	−0.246%	$219.1M	$418.5M	75x	as long as short
Reya NEARRUSDPERPshort	−0.0171%	1h	4.3030	−0.061%	$2K	—	20x
Kraken Futures PF_NEARUSD	−0.0131%	1h	4.2987	−0.161%	$7.6M	$37.1M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3081	+0.058%	$2.3M	$13.0M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3035	−0.050%	$112K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3069	+0.030%	$377K	$18.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3068	+0.028%	$204K	—	150x	as long as short
01 Exchange NEARUSD	+0.0008%	1h	4.3062	+0.014%	$13K	$7K	10x	as long as short
Variational Omni NEAR	+0.0014%	8h	4.2988	−0.157%	$7.9M	$18.6M	—	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.823%	$578	$302K	12x	as long as short
Gate NEAR_USDT	+0.0060%	8h	4.2946	−0.255%	$31.0M	$58.6M	75x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3060	+0.009%	$112K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3035	−0.049%	$57K	$193K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3013	−0.099%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3017	−0.092%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3042	−0.033%	$403K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2980	−0.177%	$255.2M	$1.07B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2930	−0.293%	$61.1M	$279.7M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3030	−0.060%	$197K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3050	−0.014%	$245K	−$0	10x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2970	−0.200%	$79.7M	$138.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2980	−0.177%	$56.3M	$43.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2943	−0.262%	$71.3M	$125.0M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2930	−0.293%	—	$140.8M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3062	+0.013%	$267K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3082	+0.060%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3000	−0.130%	$180K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3068	+0.028%	$193K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3070	+0.033%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2973	−0.193%	$5K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3160	+0.242%	$459K	$3.6M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2919	−0.317%	$3.9M	$16.7M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3022	−0.079%	$200K	$28K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3080	+0.056%	$13.0M	$29.3M	75x	as long as short
Hyperliquid NEAR	+0.0310%	1h	4.3005	−0.118%	$366.7M	$300.1M	10x	as long as short
Deribit NEAR_USDC-PERPETUALlong	+0.0354%	1h	4.3056	long leg	$1.9M	$3.0M	25x
Lighter RH NEAR	+0.0368%	1h	4.3034	−0.051%	$1.6M	$6.8M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0377% / S −0.0313%	1h	4.3069	+0.030%	$276K	—	100x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3050	−0.013%	$409K	$1.2M	10x	as long as short
Nado NEAR-PERP	+0.0437%	1h	4.3022	−0.080%	$1.9M	$3.3M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0492%	1h	4.2984	−0.167%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3171	+0.267%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1238%	1h	4.3054	−0.004%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.2224%	1h	4.3101	+0.104%	$17.2M	$23.9M	15x	as long as short