NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0151%/8h= −16.5% APRnext payment −$1.51 per $10,000 · paid last 24h −0.138%

Price spread now: Bybit against HTX−0.551%7-day average −0.285% · you buy dearer than you sell

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$560.560% of the position

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.632%−$63 on $10k

Price spread, last 3 days (all we have)+0.200%+$20 · spread now −0.551%, 7d avg −0.285%

Together, before fees−0.432%−$43 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.267% cheaper against HTX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.285%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NEAR-USDT	4.2990	0.0100	pay 0.0100% / 8h	7h 28m	$461K	$3.6M	75x
Short	Bybit NEARUSDT	4.2753	−0.0051	pay 0.0051% / 8h	7h 28m	$216.0M	$416.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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 HTXbpFee BybitbpOrdersPrice spread, now −0.551%Rate

Funding earned: −$31.72
Price spread: −0.551% → −0.285%: −$26.68
Slippage, 4 orders: −$33.01
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$114.41
Costs to cover: 0.560%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; Bybit: live order book, 5 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 HTX live order book, 5 min ago	11.78 bp	19.7 bp −$20	57.1 bp −$571	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.18 bp	8.9 bp −$9	16.0 bp −$160	37.1 bp −$3,712	180.4 bp −$90.2K

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	4.2780	−0.489%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0132%	1h	4.2728	−0.610%	$7.2M	$37.4M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.2777	−0.495%	$2.2M	$12.9M	50x	as long as short
Bybit NEARUSDTshort	−0.0051%	8h	4.2753	−0.551%	$216.0M	$416.1M	75x
01 Exchange NEARUSD	−0.0024%	1h	4.2901	−0.207%	$13K	$7K	10x	as long as short
Variational Omni NEAR	−0.0005%	8h	4.2608	−0.888%	$8.0M	$18.7M	—	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2858	−0.307%	$111K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2838	−0.354%	$416K	$18.5M	2.2x	as long as short
Gate NEAR_USDT	+0.0003%	8h	4.2772	−0.507%	$30.7M	$59.5M	75x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2751	−0.555%	$203K	—	150x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.675%	$578	$302K	12x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0054%	1h	4.2712	−0.647%	$1.9M	$3.4M	25x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2890	−0.233%	$114K	$482K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.2700	−0.675%	$57K	$193K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0099%	8h	4.2862	−0.298%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2816	−0.404%	$2.9M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2849	−0.329%	$396K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2769	−0.515%	$253.2M	$1.06B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2770	−0.512%	$60.1M	$278.4M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2900	−0.209%	$197K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2709	−0.653%	$243K	−$0	10x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2780	−0.488%	$77.0M	$140.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2780	−0.488%	$56.1M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2784	−0.479%	$70.9M	$124.6M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2750	−0.558%	—	$141.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2606	−0.893%	$254K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2603	−0.901%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2320	−1.559%	$177K	$788K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2835	−0.361%	$206K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2860	−0.302%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2700	−0.675%	$5K	$52K	10x	as long as short
HTX NEAR-USDTlong	+0.0100%	8h	4.2990	long leg	$461K	$3.6M	75x
Phemex NEARUSDT	+0.0100%	8h	4.2720	−0.628%	$3.8M	$8.6M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2751	−0.556%	$3.8M	$16.9M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2685	−0.709%	$199K	$28K	3x	as long as short
Hyperliquid NEAR	+0.0159%	1h	4.2839	−0.351%	$359.2M	$304.9M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2730	−0.605%	$13.0M	$28.1M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0372% / S −0.0306%	1h	4.2745	−0.569%	$272K	—	100x	as long as short
Lighter RH NEAR	+0.0376%	1h	4.2770	−0.512%	$1.6M	$6.9M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0409%	1h	4.2813	−0.412%	$1.3M	$5.8M	20x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.2921	−0.160%	$407K	$1.2M	10x	as long as short
Nado NEAR-PERP	+0.0459%	1h	4.2812	−0.415%	$1.9M	$3.2M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.2669	−0.747%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1313%	1h	4.2608	−0.888%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1904%	1h	4.2835	−0.361%	$17.1M	$24.2M	15x	as long as short