NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against MEXC−0.849%769s7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$5as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$290.287% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.235%+$24 on $10k

Price spread, last 3 days (all we have)+1.003%+$100 · spread now −0.849%, 7d avg +0.023%

Together, before fees+1.239%+$124 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.872% cheaper against MEXC than usual: you would sell low and buy high (spread −0.849% now, against its 7-day average of +0.023%). If the spread goes back, that is −$87 on $10k: about 24 days of funding at the current rate (+$4 a day). The two prices were read 769 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NEAR_USDT	4.3590	0.0100	pay 0.0100% / 8h	6h 36m	$75.7M	$138.1M	200x
Short	BloFin NEAR-USDT	4.3220	0.0220	get 0.0220% / 8h	6h 36m	$13.2M	$27.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.849%Rate

Funding earned: $25.2
Price spread: −0.849% → +0.023%: −$87.22
Slippage, 4 orders: −$16.65
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$90.67
Costs to cover: 0.287%
Break-even: 32.2 days

Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 13 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 MEXC live order book, 3 min ago	1.15 bp	1.5 bp −$2	6.3 bp −$63	46.3 bp −$4,634	94.2 bp −$47.1K
Sell BloFin live order book, 13 min ago	2.31 bp	10.3 bp −$10	15.1 bp −$151	42.3 bp −$4,226	123.3 bp −$61.6K

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	4.3548	−0.096%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3375	−0.493%	$2.2M	$13.6M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3444	−0.336%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3314	−0.633%	$526K	$19.6M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3549	−0.094%	$202K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.001%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0043%	8h	4.3108	−1.105%	$8.2M	$19.1M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3540	−0.115%	$116K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3393	−0.452%	$58K	$161K	20x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3485	−0.241%	$411K	$1.2M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.3553	−0.086%	$260.2M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3531	−0.135%	$221.3M	$419.9M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3560	−0.069%	$61.5M	$282.1M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3560	−0.069%	$206K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3449	−0.323%	$248K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3483	−0.245%	$31.2M	$60.7M	75x	as long as short
MEXC NEAR_USDTlong	+0.0100%	8h	4.3590	long leg	$75.7M	$138.1M	200x
KuCoin NEARUSDTM	+0.0100%	8h	4.3560	−0.069%	$56.0M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3573	−0.039%	$72.2M	$123.6M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3500	−0.206%	—	$142.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3236	−0.812%	$260K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3339	−0.575%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3230	−0.826%	$179K	$775K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3575	−0.034%	$214K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3480	−0.252%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3395	−0.447%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3490	−0.229%	$443K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3400	−0.436%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3465	−0.287%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3474	−0.266%	$3.8M	$17.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3384	−0.473%	$202K	$34K	3x	as long as short
Aster NEARUSDT	+0.0114%	8h	4.3490	−0.229%	$3.0M	$5.8M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0218%	1h	4.3416	−0.398%	$7.6M	$40.2M	50x	as long as short
BloFin NEAR-USDTshort	+0.0220%	8h	4.3220	−0.849%	$13.2M	$27.6M	75x
GMX NEAR/USD [ETH-USDC]	L +0.0360% / S −0.0278%	1h	4.3392	−0.455%	$260K	—	100x	as long as short
01 Exchange NEARUSD	+0.0368%	1h	4.3566	−0.055%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0432%	1h	4.3510	−0.184%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3579	−0.025%	$545K	$1.3M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0580%	1h	4.3420	−0.390%	$1.9M	$4.1M	25x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3434	−0.358%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0672%	1h	4.3526	−0.147%	$1.6M	$6.9M	10x	as long as short
Hyperliquid NEAR	+0.0754%	1h	4.3628	+0.087%	$366.3M	$303.4M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0794%	1h	4.3446	−0.330%	$1.4M	$6.0M	20x	as long as short
Aftermath Perps NEARUSD	+0.1440%	1h	4.3317	−0.627%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1440%	1h	4.3561	−0.066%	$17.4M	$24.7M	15x	as long as short