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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0353%/8h= −38.7% APRnext payment $0.44 per $10,000 · paid last 24h −0.040%
Price spread now: SoDEX against Deribit−0.112%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SoDEX is 0.112% cheaper against Deribit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit NEAR_USDC-PERPETUAL4.26990.0453pay 0.0057% / 1h36m 30s$1.9M$2.3M25x
ShortSoDEX NEAR-USD4.26510.0100get 0.0013% / 1h36m 30s$13K$50K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
−$74.13
Price spread: −0.112% → 0.000%
−$11.24
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$100.37
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 3 min ago; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 3 min ago2.92 bp7.1 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.2608−0.213%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2655−0.103%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2615−0.196%$110K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2690−0.021%$420K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2673−0.062%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.019%$578$302K12xas long as short
Bybit NEARUSDT+0.0078%8h4.2598−0.237%$218.2M$421.9M75xas long as short
Variational Omni NEAR+0.0087%8h4.2660−0.092%$7.8M$18.2Mas long as short
Popdex NEARUSDT+0.0096%1h4.2630−0.162%$109K$495K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2618−0.190%$31K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.2662−0.086%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2656−0.101%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2620−0.185%$252.8M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2620−0.185%$60.7M$284.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2630−0.162%$201K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2674−0.058%$243K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2633−0.155%$30.0M$59.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2620−0.185%$78.0M$141.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2690−0.021%$55.8M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2614−0.199%$70.8M$126.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2640−0.138%$138.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.2730+0.072%$244K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2670−0.068%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2750+0.119%$179K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2645−0.126%$198K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2666−0.077%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2690−0.021%$2K$1.4M20xas long as short
SoDEX NEAR-USDshort+0.0100%1h4.2651−0.112%$13K$50K10x
Phemex NEARUSDT+0.0100%8h4.2690−0.021%$3.9M$8.4M50xas long as short
Extended NEAR-USD+0.0104%1h4.2628−0.167%$4.0M$15.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2650−0.115%$205K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2694−0.012%$7.6M$37.2M50xas long as short
01 Exchange NEARUSD+0.0128%1h4.2638−0.143%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2610−0.208%$12.9M$30.1M75xas long as short
Lighter RH NEAR+0.0368%1h4.2723+0.056%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0375% / S −0.0314%1h4.2672−0.064%$273K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2658−0.097%$415K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0452%1h4.2724+0.059%$1.4M$5.6M20xas long as short
Deribit NEAR_USDC-PERPETUALlong+0.0453%1h4.2699long leg$1.9M$2.3M25x
Phoenix NEAR+0.0463%1h4.2717+0.042%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0768%1h4.2619−0.187%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0847%8h4.2780+0.190%$458K$3.7M75xas long as short
Hyperliquid NEAR+0.0924%1h4.2717+0.042%$366.9M$298.2M10xas long as short
Aftermath Perps NEARUSD+0.1182%1h4.2738+0.092%$5K$11K10xas long as short
Lighter NEAR+0.1720%1h4.2773+0.173%$16.4M$23.7M15xas long as short