NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0130%/8h= −14.3% APRnext payment −$0.16 per $10,000 · paid last 24h +0.103%

Price spread now: Kraken Futures against dYdX+0.392%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$268as in the Funding arb table

Net, price: spread back to 7d avg − costs−$267as in the Price arb table

costs, in and out, $10k−$3023.024% of the position

Long on dYdX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.348%+$35 on $10k

Price spread, last 3 days (all we have)−0.232%−$23 · spread now +0.392%, 7d avg +0.041%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.351% dearer against dYdX than usual: you sell high and buy low (spread +0.392% now, against its 7-day average of +0.041%): +$35 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 9.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.348%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX NEAR-USD	4.3008	0	get 0.0000% / 1h	21m 41s	$111K	$64K	10x
Short	Kraken Futures PF_NEARUSD	4.3176	−0.0130	pay 0.0016% / 1h	21m 41s	$7.3M	$37.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.392%Rate

Funding earned: −$27.36
Price spread: +0.392% → +0.041%: $35.13
Slippage, 4 orders: −$282.45
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$294.68
Costs to cover: 3.024%
Break-even: never at this rate

Slippage from dYdX: live order book, 52 min ago; Kraken Futures: live order book, 2 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, 52 min ago	73.01 bp	193.3 bp −$193	193.4 bp −$1,934	193.4 bp −$19.3K	193.8 bp −$96.9K
Sell Kraken Futures live order book, 2 min ago	8.99 bp	17.1 bp −$17	22.3 bp −$223	57.0 bp −$5,702	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	4.3180	+0.401%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSDshort	−0.0130%	1h	4.3176	+0.392%	$7.3M	$37.3M	50x
Phemex NEARUSDT	−0.0119%	8h	4.3140	+0.308%	$3.8M	$8.5M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3167	+0.370%	$2.3M	$13.1M	50x	as long as short
01 Exchange NEARUSD	−0.0008%	1h	4.3183	+0.408%	$13K	$7K	10x	as long as short
Variational Omni NEAR	−0.0004%	8h	4.2668	−0.790%	$7.9M	$18.8M	—	as long as short
dYdX NEAR-USDlong	0.0000%	1h	4.3008	long leg	$111K	$64K	10x
Kalshi KXNEARPERP	0.0000%	8h	4.3139	+0.305%	$378K	$19.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3201	+0.449%	$205K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.715%	$578	$302K	12x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex NEARUSDT	+0.0096%	1h	4.3190	+0.424%	$115K	$484K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3191	+0.426%	$57K	$191K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0099%	8h	4.2999	−0.019%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3153	+0.339%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2979	−0.067%	$397K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2955	−0.122%	$256.1M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2901	−0.248%	$217.7M	$417.7M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2960	−0.111%	$60.9M	$280.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3030	+0.052%	$197K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2789	−0.508%	$244K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3083	+0.175%	$31.0M	$60.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2930	−0.181%	$76.9M	$141.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3050	+0.098%	$56.2M	$43.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2980	−0.064%	$71.2M	$124.7M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3000	−0.018%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3008	+0.001%	$256K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3032	+0.057%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2800	−0.483%	$179K	$782K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3206	+0.461%	$193K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3260	+0.587%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3177	+0.394%	$5K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3260	+0.587%	$458K	$3.7M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3114	+0.248%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3197	+0.441%	$201K	$28K	3x	as long as short
Hyperliquid NEAR	+0.0198%	1h	4.3116	+0.252%	$363.2M	$301.9M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3130	+0.284%	$12.9M	$28.2M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0375% / S −0.0307%	1h	4.3200	+0.448%	$275K	—	100x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0398%	1h	4.3221	+0.496%	$1.9M	$3.6M	25x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3216	+0.485%	$409K	$1.2M	10x	as long as short
Lighter RH NEAR	+0.0432%	1h	4.3110	+0.238%	$1.6M	$7.0M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0462%	1h	4.3226	+0.508%	$1.3M	$5.9M	20x	as long as short
Nado NEAR-PERP	+0.0464%	1h	4.3153	+0.338%	$1.9M	$3.2M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3141	+0.310%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1366%	1h	4.2946	−0.143%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1912%	1h	4.3055	+0.109%	$17.2M	$24.6M	15x	as long as short