NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.37 per $10,000 · paid last 24h −0.002%

Price spread now: Bybit against Gate−0.047%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$490.492% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 7 days+0.034%+$3 · spread now −0.047%, 7d avg −0.014%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.032% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.014%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NEAR_USDT	4.2750	0.0100	pay 0.0100% / 8h	22m 56s	$30.7M	$59.9M	75x
Short	Bybit NEARUSDT	4.2730	0.0063	get 0.0063% / 8h	22m 56s	$218.1M	$422.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$7.8
Price spread: −0.047% → −0.014%: −$3.25
Slippage, 4 orders: −$23.23
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$60.27
Costs to cover: 0.492%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 1 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 Gate live order book, 1 min ago	2.58 bp	16.8 bp −$17	24.0 bp −$240	36.4 bp −$3,635	49.8 bp −$24.9K
Sell Bybit live order book, 1 min ago	1.17 bp	7.3 bp −$7	11.1 bp −$111	34.5 bp −$3,450	141.1 bp −$70.5K

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	4.2659	−0.214%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0072%	1h	4.2585	−0.386%	$2.2M	$13.0M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2627	−0.287%	$110K	$62K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2538	−0.496%	$337K	$18.8M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2695	−0.128%	$201K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.135%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0062%	8h	4.2470	−0.655%	$7.9M	$18.4M	—	as long as short
Bybit NEARUSDTshort	+0.0063%	8h	4.2730	−0.047%	$218.1M	$422.0M	75x
01 Exchange NEARUSD	+0.0088%	1h	4.2673	−0.180%	$13K	$7K	10x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2670	−0.187%	$109K	$497K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2621	−0.301%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2760	+0.023%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2638	−0.262%	$399K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2752	+0.005%	$253.1M	$1.08B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2740	−0.023%	$60.8M	$285.9M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2640	−0.257%	$195K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2551	−0.466%	$242K	$2K	10x	as long as short
Gate NEAR_USDTlong	+0.0100%	8h	4.2750	long leg	$30.7M	$59.9M	75x
MEXC NEAR_USDT	+0.0100%	8h	4.2750	0.000%	$78.2M	$141.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2770	+0.047%	$55.6M	$43.4M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2735	−0.035%	$71.0M	$126.0M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2750	0.000%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2470	−0.654%	$242K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2778	+0.066%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2500	−0.585%	$178K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2694	−0.131%	$195K	$3.4M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2721	−0.068%	$57K	$194K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2750	0.000%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2710	−0.094%	$12K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2730	−0.047%	$3.8M	$8.6M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2720	−0.070%	$3.9M	$16.1M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2699	−0.119%	$201K	$66K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0119%	1h	4.2726	−0.056%	$7.4M	$37.3M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2680	−0.164%	$13.1M	$29.3M	75x	as long as short
Lighter RH NEAR	+0.0336%	1h	4.2787	+0.087%	$1.5M	$7.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0375% / S −0.0314%	1h	4.2701	−0.114%	$274K	—	100x	as long as short
RISEx NEAR/USDC	+0.0404%	1h	4.2668	−0.191%	$415K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0448%	1h	4.2793	+0.101%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0463%	1h	4.2601	−0.349%	$1.8M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0709%	1h	4.2645	−0.245%	$1.9M	$3.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0710%	1h	4.2747	−0.007%	$1.9M	$2.5M	25x	as long as short
Hyperliquid NEAR	+0.0739%	1h	4.2800	+0.117%	$367.7M	$298.5M	10x	as long as short
HTX NEAR-USDT	+0.0807%	8h	4.2810	+0.140%	$460K	$3.7M	75x	as long as short
Aftermath Perps NEARUSD	+0.1146%	1h	4.2647	−0.242%	$6K	$11K	10x	as long as short
Lighter NEAR	+0.1696%	1h	4.2833	+0.195%	$16.4M	$23.8M	15x	as long as short