NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Bulk against gTrade (Gains Network)−0.457%7-day average −0.010% · 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−$347as in the Price arb table

costs, in and out, $10k−$3033.026% of the position

Long on gTrade (Gains Network)Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.096%+$10 on $10k

Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.457%, 7d avg −0.010%

Together, before fees+0.272%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bulk is 0.447% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.457% now, against its 7-day average of −0.010%). If the spread goes back, that is −$45 on $10k: about 16 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	gTrade (Gains Network) NEAR/USD	4.3449	L +0.0004% / S −0.0006%	pay 0.0001% / 1h	16m 18s	$163K	—	150x
Short	Bulk NEAR-USD	4.3250	0.0100	get 0.0013% / 1h	16m 18s	$246K	−$0	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BulkbpOrdersPrice spread, now −0.457%Rate

Funding earned: $20.1
Price spread: −0.457% → −0.010%: −$44.7
Slippage, 4 orders: −$285.65
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$327.24
Costs to cover: 3.026%
Break-even: 120.9 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 38 min ago; Bulk: live order book, 38 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 gTrade (Gains Network) virtual book (oracle venue), 38 min ago	130.02 bp	135.0 bp −$135	875.9 bp −$8,759	9405.5 bp −$940.5K	doesn't fit
Sell Bulk live order book, 38 min ago	11.45 bp	15.0 bp −$15	15.0 bp −$150	32.8 bp −$3,279	63.3 bp −$31.7K

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	4.3459	+0.025%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3473	+0.057%	$107K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USDlong	L +0.0004% / S −0.0006%	1h	4.3449	long leg	$163K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.692%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3516	+0.155%	$2.3M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3460	+0.026%	$110K	$502K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3490	+0.095%	$266.0M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3460	+0.026%	$215.0M	$425.9M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3480	+0.072%	$61.5M	$289.7M	50x	as long as short
Bulk NEAR-USDshort	+0.0100%	1h	4.3250	−0.457%	$246K	−$0	10x

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3469	+0.047%	$32.2M	$61.8M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3530	+0.187%	$74.2M	$146.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3500	+0.118%	$53.9M	$45.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3476	+0.063%	$71.7M	$127.7M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3470	+0.049%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3327	−0.279%	$8.2M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3370	−0.181%	$253K	$949K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3370	−0.181%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3460	+0.026%	$167K	$796K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3492	+0.100%	$274K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3505	+0.130%	$58K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3560	+0.256%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3640	+0.440%	$473K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3550	+0.233%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3476	+0.063%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3515	+0.153%	$202K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3600	+0.348%	$13.6M	$32.3M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3504	+0.127%	$402K	$1.3M	10x	as long as short
Kalshi KXNEARPERP	+0.0284%	8h	4.3496	+0.109%	$873K	$23.4M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0324% / S −0.0198%	1h	4.3447	−0.005%	$235K	—	100x	as long as short
Aster NEARUSDT	+0.0336%	8h	4.3490	+0.095%	$2.8M	$5.5M	50x	as long as short
SoDEX NEAR-USD	+0.0367%	1h	4.3515	+0.153%	$6K	$53K	10x	as long as short
01 Exchange NEARUSD	+0.0520%	1h	4.3532	+0.192%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0559%	1h	4.3453	+0.009%	$1.8M	$3.1M	10x	as long as short
Hyperliquid NEAR	+0.0587%	1h	4.3512	+0.146%	$356.3M	$314.3M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0595%	1h	4.3540	+0.210%	$1.3M	$6.7M	20x	as long as short
Extended NEAR-USD	+0.0600%	1h	4.3476	+0.062%	$3.8M	$20.0M	25x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3520	+0.164%	$214K	$1.6M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0709%	1h	4.3495	+0.106%	$7.6M	$39.0M	50x	as long as short
Lighter RH NEAR	+0.0912%	1h	4.3560	+0.256%	$1.5M	$7.4M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3602	+0.353%	$1.8M	$2.8M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0946%	1h	4.3528	+0.183%	$2.0M	$9.6M	25x	as long as short
Lighter NEAR	+0.1104%	1h	4.3538	+0.206%	$17.6M	$25.1M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3502	+0.123%	$687K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1578%	1h	4.3494	+0.103%	$5K	$13K	10x	as long as short