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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0684%/8h= +74.9% APRnext payment +$0.85 per $10,000 · paid last 24h +0.123%
Price spread now: Deribit against gTrade (Gains Network)+0.092%67s7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2862.859% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.364%+$36 on $10k
Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.092%, 7d avg +0.088%
Together, before fees+0.389%+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.088%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.3703L +0.0004% / S −0.0006%pay 0.0001% / 1h36m 22s$164K150x
ShortDeribit NEAR_USDC-PERPETUAL4.37430.0688get 0.0086% / 1h36m 22s$1.9M$13.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
$143.57
Price spread: +0.092% → +0.088%
$0.36
Slippage, 4 orders
−$268.89
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$141.97
Costs to cover
2.859%
Break-even
13.9 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 62 min ago; Deribit: 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 gTrade (Gains Network) virtual book (oracle venue), 62 min ago130.01 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.6Kdoesn't fit
Sell Deribit live order book, 3 min ago3.09 bp6.6 bp −$713.5 bp −$135doesn't fitdoesn't fit

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
Kraken Futures PF_NEARUSD−0.0432%1h4.3698−0.012%$7.2M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3704+0.002%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3700−0.008%$107K$66K10xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0006%1h4.3703long leg$164K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.247%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3690−0.030%$119K$504K50xas long as short
Aster NEARUSDT+0.0100%8h4.3696−0.017%$2.7M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.3710+0.016%$220.3M$428.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3690−0.030%$61.6M$295.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3720+0.039%$221K$1.5M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3690−0.030%$36.5M$62.1M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3710+0.016%$52.5M$45.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3693−0.023%$72.1M$127.8M75xas long as short
Variational Omni NEAR+0.0100%8h4.3698−0.012%$9.0M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3747+0.101%$254K$893K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3650−0.121%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3740+0.085%$165K$826K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3686−0.039%$273K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3723+0.046%$56K$239K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3770+0.153%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3715+0.027%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3730+0.062%$3.5M$8.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3708+0.012%$252K$3K10xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3712+0.020%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3688−0.033%$3.6M$15.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3720+0.039%$203K$40K3xas long as short
Binance NEARUSDT+0.0106%8h4.3710+0.016%$263.8M$1.09B75xas long as short
MEXC NEAR_USDT+0.0107%8h4.3700−0.007%$90.6M$157.1M200xas long as short
BingX NEAR-USDT+0.0118%8h4.3700−0.007%$83.5Mas long as short
Kalshi KXNEARPERP+0.0147%8h4.3739+0.082%$866K$25.5M2.2xas long as short
Hyperliquid NEAR+0.0217%1h4.3726+0.053%$353.3M$316.2M10xas long as short
BloFin NEAR-USDT+0.0228%8h4.3750+0.108%$12.5M$32.4M75xas long as short
Nado NEAR-PERP+0.0276%1h4.3690−0.030%$1.7M$3.2M10xas long as short
01 Exchange NEARUSD+0.0320%1h4.3724+0.048%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0352% / S −0.0255%1h4.3695−0.018%$257K100xas long as short
HTX NEAR-USDT+0.0378%8h4.3790+0.199%$463K$3.7M75xas long as short
Lighter RH NEAR+0.0448%1h4.3738+0.080%$1.5M$6.4M10xas long as short
Lighter NEAR+0.0472%1h4.3738+0.080%$17.3M$23.9M15xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3820+0.268%$2.3M$17.2M50xas long as short
Backpack NEAR_USDC_PERP+0.0526%1h4.3747+0.101%$1.1M$7.1M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.3707+0.008%$592K$1.5M10xas long as short
Deribit NEAR_USDC-PERPETUALshort+0.0688%1h4.3743+0.092%$1.9M$13.1M25x
Pacifica NEAR+0.0701%1h4.3699−0.009%$412K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3762+0.135%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1054%1h4.3779+0.174%$5K$7K10xas long as short