NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%

Price spread now: Bulk against dYdX−0.085%7-day average +0.030% · 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−$178as in the Price arb table

costs, in and out, $10k−$1661.662% of the position

Long on dYdX Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.106%+$11 on $10k

Price spread, last 4 days (all we have)+0.438%+$44 · spread now −0.085%, 7d avg +0.030%

Together, before fees+0.544%+$54 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bulk is 0.115% cheaper against dYdX than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of +0.030%). If the spread goes back, that is −$12 on $10k: about 3.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX NEAR-USD	4.4187	0	get 0.0000% / 1h	21m 12s	$109K	$68K	10x
Short	Bulk NEAR-USD	4.4150	0.0100	get 0.0013% / 1h	21m 12s	$252K	−$0	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against dYdX. 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 dYdXbpFee BulkbpOrdersPrice spread, now −0.085%Rate

Funding earned: $21
Price spread: −0.085% → +0.030%: −$11.53
Slippage, 4 orders: −$149.17
Fee dYdX: 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$156.7
Costs to cover: 1.662%
Break-even: 59.2 days

Slippage from dYdX: live order book, 23 min ago; Bulk: live order book, 23 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 dYdX live order book, 23 min ago	63.44 bp	68.4 bp −$68	68.4 bp −$684	113.0 bp −$11.3K	474.4 bp −$237.2K
Sell Bulk live order book, 23 min ago	11.15 bp	14.6 bp −$15	14.6 bp −$146	16.4 bp −$1,644	40.5 bp −$20.2K

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	4.4096	−0.208%	$2K	—	20x	as long as short
dYdX NEAR-USDlong	0.0000%	1h	4.4187	long leg	$109K	$68K	10x
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4100	−0.198%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.286%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4110	−0.175%	$112K	$485K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4108	−0.180%	$223.6M	$429.9M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4100	−0.198%	$62.4M	$295.0M	50x	as long as short
Bulk NEAR-USDshort	+0.0100%	1h	4.4150	−0.085%	$252K	−$0	10x
Gate NEAR_USDT	+0.0100%	8h	4.4148	−0.089%	$35.7M	$61.8M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4120	−0.153%	$53.4M	$45.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.4156	−0.071%	$72.6M	$127.5M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4187	0.000%	$8.8M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4205	+0.039%	$258K	$916K	20x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4210	+0.051%	$167K	$805K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4137	−0.114%	$292K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4132	−0.126%	$59K	$236K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4210	+0.051%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4190	+0.006%	$462K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4130	−0.130%	$3.6M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0104%	8h	4.4166	−0.048%	$32K	$585	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0110%	8h	4.4181	−0.014%	$1.5M	$1.5M	10x	as long as short
Aevo NEAR-PERP	+0.0136%	1h	4.4140	−0.107%	$205K	$38K	3x	as long as short
Extended NEAR-USD	+0.0144%	1h	4.4092	−0.216%	$3.7M	$18.3M	25x	as long as short
SoDEX NEAR-USD	+0.0169%	1h	4.4095	−0.209%	$5K	$52K	10x	as long as short
BingX NEAR-USDC	+0.0193%	8h	4.4160	−0.062%	—	$6.7M	—	as long as short
MEXC NEAR_USDT	+0.0209%	8h	4.4150	−0.085%	$79.9M	$149.3M	200x	as long as short
Binance NEARUSDT	+0.0211%	8h	4.4137	−0.114%	$269.2M	$1.08B	75x	as long as short
Kalshi KXNEARPERP	+0.0248%	8h	4.4108	−0.180%	$1.0M	$24.9M	2.2x	as long as short
Aster NEARUSDT	+0.0300%	8h	4.4120	−0.153%	$2.8M	$4.9M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0315% / S −0.0199%	1h	4.4088	−0.225%	$235K	—	100x	as long as short
BloFin NEAR-USDT	+0.0331%	8h	4.4150	−0.085%	$13.7M	$32.6M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0423%	1h	4.4185	−0.006%	$1.3M	$6.9M	20x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.4274	+0.196%	$2.3M	$16.8M	50x	as long as short
01 Exchange NEARUSD	+0.0448%	1h	4.4132	−0.126%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0488%	1h	4.4227	+0.089%	$360.9M	$312.7M	10x	as long as short
Nado NEAR-PERP	+0.0565%	1h	4.4093	−0.214%	$1.7M	$3.2M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0662%	1h	4.4090	−0.221%	$7.3M	$38.2M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0793%	1h	4.4140	−0.107%	$1.9M	$13.0M	25x	as long as short
Lighter NEAR	+0.0800%	1h	4.4162	−0.059%	$17.4M	$25.3M	15x	as long as short
Arcus NEAR-USD	+0.0880%	1h	4.4180	−0.017%	$227K	$1.6M	10x	as long as short
Lighter RH NEAR	+0.0904%	1h	4.4172	−0.035%	$1.5M	$6.7M	10x	as long as short
Phoenix NEAR	+0.1003%	1h	4.4318	+0.295%	$1.8M	$2.5M	10x	as long as short
Pacifica NEAR	+0.1187%	1h	4.4198	+0.023%	$422K	$1.4M	10x	as long as short
RISEx NEAR/USDC	+0.1259%	1h	4.4146	−0.095%	$669K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1291%	1h	4.4180	−0.017%	$5K	$12K	10x	as long as short