NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0168%/8h= −18.4% APRnext payment −$1.68 per $10,000 · paid last 24h −0.009%

Price spread now: Bybit against OKX+0.023%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$360.365% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 7 days−0.037%−$4 · spread now +0.023%, 7d avg 0.000%

Together, before fees−0.086%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.024% dearer against OKX than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of 0.000%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.049% in total) that is about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NEAR-USDT-SWAP	4.3120	0.0100	pay 0.0100% / 8h	7h 50m	$61.3M	$282.4M	50x
Short	Bybit NEARUSDT	4.3130	−0.0068	pay 0.0068% / 8h	7h 50m	$219.8M	$418.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$35.25
Price spread: +0.023% → 0.000%: $2.37
Slippage, 4 orders: −$15.48
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$69.37
Costs to cover: 0.365%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 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 OKX live order book, 4 min ago	1.16 bp	10.2 bp −$10	20.4 bp −$204	38.8 bp −$3,885	doesn't fit
Sell Bybit live order book, 4 min ago	1.16 bp	7.1 bp −$7	11.5 bp −$115	34.8 bp −$3,478	169.5 bp −$84.7K

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
Phemex NEARUSDT	−0.0665%	8h	4.3020	−0.232%	$3.9M	$8.6M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3115	−0.012%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0131%	1h	4.3066	−0.126%	$7.6M	$37.1M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.2957	−0.378%	$2.3M	$13.0M	50x	as long as short
Bybit NEARUSDTshort	−0.0068%	8h	4.3130	+0.023%	$219.8M	$418.9M	75x
dYdX NEAR-USD	0.0000%	1h	4.3138	+0.041%	$112K	$64K	10x	as long as short
01 Exchange NEARUSD	0.0000%	1h	4.3173	+0.123%	$13K	$7K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3033	−0.202%	$377K	$18.4M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3004	−0.269%	$204K	—	150x	as long as short
Variational Omni NEAR	+0.0014%	8h	4.2988	−0.305%	$7.9M	$18.6M	—	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	−3.966%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3160	+0.093%	$112K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3006	−0.264%	$57K	$193K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3131	+0.025%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3160	+0.094%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3137	+0.039%	$404K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3160	+0.094%	$256.3M	$1.07B	75x	as long as short
OKX NEAR-USDT-SWAPlong	+0.0100%	8h	4.3120	long leg	$61.3M	$282.4M	50x
Arcus NEAR-USD	+0.0100%	1h	4.3170	+0.116%	$198K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2646	−1.099%	$243K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3150	+0.070%	$31.1M	$58.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3130	+0.023%	$80.1M	$138.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3170	+0.116%	$56.5M	$43.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3136	+0.037%	$71.6M	$125.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3130	+0.023%	—	$141.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3062	−0.136%	$267K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3082	−0.089%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3080	−0.093%	$180K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3165	+0.104%	$194K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3080	−0.093%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3020	−0.232%	$5K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3070	−0.116%	$458K	$3.6M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3129	+0.021%	$3.9M	$16.5M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3023	−0.226%	$200K	$28K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3040	−0.186%	$13.0M	$29.2M	75x	as long as short
Hyperliquid NEAR	+0.0326%	1h	4.3205	+0.198%	$368.5M	$300.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0376% / S −0.0313%	1h	4.2997	−0.285%	$275K	—	100x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0378%	1h	4.3033	−0.202%	$1.9M	$2.9M	25x	as long as short
Nado NEAR-PERP	+0.0387%	1h	4.3126	+0.013%	$1.9M	$3.3M	10x	as long as short
Lighter RH NEAR	+0.0424%	1h	4.3167	+0.109%	$1.6M	$6.8M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3179	+0.137%	$410K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0481%	1h	4.3107	−0.030%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3136	+0.037%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1215%	1h	4.3001	−0.276%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.2232%	1h	4.3251	+0.305%	$17.3M	$23.9M	15x	as long as short