Settings8H · net · $10k
Funding arb · Price arb /

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against MEXC−0.247%49s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$170.171% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 7 days+0.222%+$22 · spread now −0.247%, 7d avg +0.025%
Together, before fees+0.234%+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.272% cheaper against MEXC than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.025%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEAR_USDT4.33600.0100pay 0.0100% / 8h3h 43m$73.7M$144.4M200x
ShortPolymarket Perps NEAR-USD4.32530.0100get 0.0013% / 1h43m 47s$260K$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$0
Price spread: −0.247% → +0.025%
−$27.22
Slippage, 4 orders
−$9.07
Fee MEXC: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$44.29
Costs to cover
0.171%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Polymarket Perps: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago1.15 bp1.1 bp −$13.6 bp −$3616.7 bp −$1,67069.3 bp −$34.6K
Sell Polymarket Perps live order book, 5 min ago1.95 bp5.9 bp −$68.1 bp −$81doesn't fitdoesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.3195−0.380%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3308−0.121%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3139−0.509%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.497%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3225−0.311%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3250−0.254%$107K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3350−0.023%$265.9M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3316−0.101%$216.0M$427.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3350−0.023%$61.3M$291.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3771+0.948%$249K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3270−0.208%$31.7M$60.8M75xas long as short
MEXC NEAR_USDTlong+0.0100%8h4.3360long leg$73.7M$144.4M200x
KuCoin NEARUSDTM+0.0100%8h4.3350−0.023%$53.9M$46.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3306−0.125%$71.1M$128.9M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3310−0.115%$146.3Mas long as short
Variational Omni NEAR+0.0100%8h4.3397+0.086%$8.4M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3444+0.193%$254K$950K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3580+0.507%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3430+0.161%$167K$799K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.3253−0.247%$260K$3.9M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.3186−0.401%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3240−0.277%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3290−0.161%$459K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3230−0.300%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3306−0.125%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3198−0.373%$201K$37K3xas long as short
Kalshi KXNEARPERP+0.0138%8h4.3184−0.406%$652K$23.1M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.3260−0.231%$13.7M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3342−0.042%$412K$1.2M10xas long as short
Aster NEARUSDT+0.0309%8h4.3295−0.149%$2.9M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0194%1h4.3140−0.506%$231K100xas long as short
SoDEX NEAR-USD+0.0408%1h4.3165−0.450%$8K$49K10xas long as short
Backpack NEAR_USDC_PERP+0.0485%1h4.3294−0.152%$1.3M$6.5M20xas long as short
01 Exchange NEARUSD+0.0520%1h4.3286−0.171%$13K$7K10xas long as short
Hyperliquid NEAR+0.0603%1h4.3369+0.021%$356.1M$320.1M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3290−0.161%$212K$1.6M10xas long as short
Extended NEAR-USD+0.0664%1h4.3318−0.097%$3.8M$19.8M25xas long as short
Kraken Futures PF_NEARUSD+0.0714%1h4.3160−0.461%$7.6M$39.8M50xas long as short
Nado NEAR-PERP+0.0729%1h4.3240−0.276%$1.8M$3.1M10xas long as short
Lighter RH NEAR+0.0856%1h4.3387+0.062%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3717+0.823%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1144%1h4.3402+0.098%$17.5M$24.9M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3293−0.155%$625K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1583%1h4.3419+0.137%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1929%1h4.3241−0.274%$2.0M$8.8M25xas long as short