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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0304%/8h= −33.3% APRnext payment $0.38 per $10,000 · paid last 24h −0.045%
Price spread now: dYdX against Extended+0.039%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1471.467% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.200%−$20 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.039%, 7d avg +0.041%
Together, before fees−0.161%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.200% in total (about -10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.49050.0304pay 0.0038% / 1h41m 19s$3.7M$18.8M25x
ShortdYdX NEAR-USD4.49230get 0.0000% / 1h41m 19s$111K$68K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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
−$63.84
Price spread: +0.039% → +0.041%
−$0.21
Slippage, 4 orders
−$131.67
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$210.72
Costs to cover
1.467%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; dYdX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago0.45 bp5.3 bp −$511.3 bp −$113443.7 bp −$44.4Kdoesn't fit
Sell dYdX live order book, 3 min ago63.44 bp68.4 bp −$6868.4 bp −$684149.0 bp −$14.9K508.3 bp −$254.1K

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%1h4.4988+0.184%$2K20xas long as short
dYdX NEAR-USDshort0.0000%1h4.4923+0.039%$111K$68K10x
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4911+0.013%$169K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.784%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5030+0.278%$112K$494K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4930+0.055%$231.3M$429.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4900−0.012%$63.7M$301.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5008+0.229%$256K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4985+0.177%$35.1M$60.2M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5000+0.211%$53.8M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4913+0.017%$74.5M$127.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.4687−0.486%$9.0M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4779−0.281%$262K$967K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4740−0.368%$168K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5034+0.286%$284K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4952+0.104%$59K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4990+0.188%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4870−0.079%$469K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4750−0.346%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0107%8h4.4931+0.056%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0124%8h4.4854−0.115%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4955+0.111%$209K$40K3xas long as short
BingX NEAR-USDT+0.0185%8h4.4950+0.099%$144.0Mas long as short
MEXC NEAR_USDT+0.0187%8h4.4980+0.166%$86.2M$145.7M200xas long as short
Binance NEARUSDT+0.0190%8h4.4970+0.144%$273.8M$1.09B75xas long as short
SoDEX NEAR-USD+0.0194%1h4.4915+0.021%$5K$53K10xas long as short
Kalshi KXNEARPERP+0.0292%8h4.4833−0.161%$1.1M$25.0M2.2xas long as short
Extended NEAR-USDlong+0.0304%1h4.4905long leg$3.7M$18.8M25x
BloFin NEAR-USDT+0.0310%8h4.4790−0.257%$13.6M$33.0M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0336% / S −0.0229%1h4.4916+0.025%$258K100xas long as short
Aster NEARUSDT+0.0338%8h4.4980+0.166%$2.9M$5.0M50xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4871−0.077%$2.3M$16.6M50xas long as short
01 Exchange NEARUSD+0.0480%1h4.5025+0.266%$13K$7K10xas long as short
Nado NEAR-PERP+0.0538%1h4.5020+0.255%$1.8M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0582%1h4.4959+0.119%$1.3M$6.5M20xas long as short
Hyperliquid NEAR+0.0589%1h4.5045+0.311%$371.3M$311.0M10xas long as short
Kraken Futures PF_NEARUSD+0.0650%1h4.4891−0.032%$7.4M$38.3M50xas long as short
Arcus NEAR-USD+0.0880%1h4.5040+0.300%$229K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0908%1h4.4955+0.111%$2.0M$12.3M25xas long as short
Lighter RH NEAR+0.0984%1h4.4900−0.012%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.5134+0.509%$1.9M$2.5M10xas long as short
Lighter NEAR+0.1040%1h4.4816−0.199%$17.5M$24.8M15xas long as short
Pacifica NEAR+0.1187%1h4.4953+0.107%$414K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1241%1h4.4809−0.214%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.5021+0.258%$675K$1.4M10xas long as short