NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0712%/8h= −78.0% APRnext payment −$0.89 per $10,000 · paid last 24h −0.125%

Price spread now: gTrade (Gains Network) against Kraken Futures+0.022%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$297as in the Price arb table

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

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.319%−$32 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.022%, 7d avg −0.037%

Together, before fees−0.378%−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. gTrade (Gains Network) is 0.059% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.037%): +$6 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 3 days (−0.319% in total) that is about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_NEARUSD	4.2904	0.0718	pay 0.0090% / 1h	4m 42s	$7.5M	$38.9M	50x
Short	gTrade (Gains Network) NEAR/USD	4.2913	L +0.0004% / S −0.0006%	get 0.0001% / 1h	4m 42s	$161K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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 Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.022%Rate

Funding earned: −$149.52
Price spread: +0.022% → −0.037%: $5.92
Slippage, 4 orders: −$282.58
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$446.18
Costs to cover: 3.026%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 49 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 Kraken Futures live order book, 4 min ago	5.67 bp	10.7 bp −$11	14.3 bp −$143	41.6 bp −$4,156	5232.1 bp −$2.62M
Sell gTrade (Gains Network) virtual book (oracle venue), 49 min ago	130.02 bp	137.7 bp −$138	1007.8 bp −$10.1K	doesn't fit	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	4.2933	+0.068%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2946	+0.099%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USDshort	L +0.0004% / S −0.0006%	1h	4.2913	+0.022%	$161K	—	150x
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.482%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.2921	+0.040%	$2.3M	$15.7M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2900	−0.009%	$110K	$501K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3010	+0.247%	$262.7M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2951	+0.110%	$212.8M	$426.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2940	+0.085%	$60.8M	$285.5M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3449	+1.271%	$248K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.2930	+0.061%	$31.9M	$62.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2970	+0.155%	$73.5M	$147.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2980	+0.178%	$53.4M	$45.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2940	+0.085%	$71.0M	$127.6M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2930	+0.061%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2987	+0.195%	$8.1M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3144	+0.560%	$252K	$948K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3190	+0.667%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3190	+0.667%	$166K	$794K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2947	+0.101%	$269K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2918	+0.033%	$57K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3020	+0.271%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3000	+0.224%	$461K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2950	+0.108%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2889	−0.034%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2938	+0.079%	$200K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2990	+0.201%	$13.4M	$31.7M	75x	as long as short
Kalshi KXNEARPERP	+0.0261%	8h	4.2912	+0.019%	$781K	$23.9M	2.2x	as long as short
Pacifica NEAR	+0.0263%	1h	4.2927	+0.055%	$396K	$1.3M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0322% / S −0.0198%	1h	4.2918	+0.033%	$232K	—	100x	as long as short
SoDEX NEAR-USD	+0.0329%	1h	4.2905	+0.003%	$6K	$53K	10x	as long as short
Aster NEARUSDT	+0.0332%	8h	4.2980	+0.178%	$2.8M	$5.5M	50x	as long as short
01 Exchange NEARUSD	+0.0528%	1h	4.2959	+0.129%	$13K	$7K	10x	as long as short
Extended NEAR-USD	+0.0560%	1h	4.2947	+0.101%	$3.7M	$19.8M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0563%	1h	4.2974	+0.164%	$1.3M	$6.8M	20x	as long as short
Nado NEAR-PERP	+0.0567%	1h	4.2900	−0.009%	$1.8M	$3.1M	10x	as long as short
Hyperliquid NEAR	+0.0574%	1h	4.2954	+0.117%	$351.6M	$313.0M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.2960	+0.131%	$211K	$1.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0659%	1h	4.2930	+0.061%	$1.9M	$9.9M	25x	as long as short
Kraken Futures PF_NEARUSDlong	+0.0718%	1h	4.2904	long leg	$7.5M	$38.9M	50x
Lighter RH NEAR	+0.0920%	1h	4.3008	+0.243%	$1.5M	$7.4M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3300	+0.924%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.1032%	1h	4.3038	+0.313%	$17.4M	$25.1M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.2937	+0.077%	$668K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1539%	1h	4.3173	+0.628%	$5K	$12K	10x	as long as short