NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0589%/8h= +64.5% APRnext payment +$0.74 per $10,000 · paid last 24h +0.124%

Price spread now: Kraken Futures against gTrade (Gains Network)−0.017%7-day average +0.038% · 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−$312as in the Price arb table

costs, in and out, $10k−$3063.064% of the position

Long on gTrade (Gains Network)Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.311%+$31 on $10k

Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.017%, 7d avg +0.038%

Together, before fees+0.398%+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.055% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.038%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) NEAR/USD	4.3793	L +0.0004% / S −0.0006%	pay 0.0001% / 1h	9m 51s	$164K	—	150x
Short	Kraken Futures PF_NEARUSD	4.3785	0.0593	get 0.0074% / 1h	9m 51s	$8.0M	$39.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.017%Rate

Funding earned: $123.67
Price spread: −0.017% → +0.038%: −$5.46
Slippage, 4 orders: −$286.43
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$188.22
Costs to cover: 3.064%
Break-even: 17.7 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 49 min ago; Kraken Futures: live order book, 4 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), 49 min ago	130.01 bp	135.0 bp −$135	875.9 bp −$8,759	9405.5 bp −$940.5K	doesn't fit
Sell Kraken Futures live order book, 4 min ago	7.02 bp	18.8 bp −$19	21.6 bp −$216	52.2 bp −$5,224	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	4.3782	−0.024%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.3830	+0.085%	$2.2M	$15.5M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3833	+0.091%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3802	+0.021%	$615K	$22.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USDlong	L +0.0004% / S −0.0006%	1h	4.3793	long leg	$164K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.441%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3820	+0.063%	$112K	$517K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3872	+0.181%	$417K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3872	+0.181%	$270.3M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3820	+0.063%	$220.6M	$424.0M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3880	+0.200%	$62.5M	$296.7M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4054	+0.597%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3818	+0.058%	$31.9M	$64.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3860	+0.154%	$73.2M	$150.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3840	+0.108%	$54.6M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3884	+0.209%	$72.1M	$130.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3830	+0.085%	—	$147.3M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4067	+0.626%	$8.5M	$18.1M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4159	+0.837%	$265K	$980K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4070	+0.633%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4090	+0.679%	$170K	$801K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3826	+0.076%	$244K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3788	−0.011%	$56K	$227K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3860	+0.154%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3880	+0.200%	$454K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3850	+0.131%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3826	+0.076%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3805	+0.028%	$204K	$40K	3x	as long as short
SoDEX NEAR-USD	+0.0178%	1h	4.3770	−0.052%	$8K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3970	+0.405%	$13.8M	$32.6M	75x	as long as short
Aster NEARUSDT	+0.0309%	8h	4.3854	+0.140%	$2.9M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0190%	1h	4.3795	+0.006%	$232K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0331%	1h	4.3839	+0.106%	$1.3M	$6.4M	20x	as long as short
01 Exchange NEARUSD	+0.0352%	1h	4.3874	+0.186%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0388%	1h	4.3882	+0.204%	$361.9M	$325.0M	10x	as long as short
Extended NEAR-USD	+0.0464%	1h	4.3812	+0.045%	$3.9M	$19.7M	25x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0481%	1h	4.3800	+0.017%	$2.0M	$7.3M	25x	as long as short
Nado NEAR-PERP	+0.0565%	1h	4.3808	+0.036%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.3880	+0.200%	$217K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSDshort	+0.0593%	1h	4.3785	−0.017%	$8.0M	$39.7M	50x
Lighter RH NEAR	+0.0688%	1h	4.3885	+0.211%	$1.5M	$7.2M	10x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4173	+0.869%	$1.8M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.3869	+0.175%	$589K	$1.4M	10x	as long as short
Lighter NEAR	+0.0976%	1h	4.3866	+0.168%	$17.7M	$26.5M	15x	as long as short
Aftermath Perps NEARUSD	+0.1611%	1h	4.4074	+0.642%	$5K	$12K	10x	as long as short