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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against OKX−0.141%53s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2912.911% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.096%−$10 on $10k
Price spread, last 4 days (all we have)+0.485%+$48 · spread now −0.141%, 7d avg +0.040%
Together, before fees+0.388%+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.181% cheaper against OKX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.040%). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NEAR-USDT-SWAP4.38500.0100pay 0.0100% / 8h4h 05m$62.7M$295.8M50x
ShortgTrade (Gains Network) NEAR/USD4.3788L +0.0004% / S −0.0006%get 0.0001% / 1h5m 35s$164K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Funding earned
−$19.69
Price spread: −0.141% → +0.040%
−$18.09
Slippage, 4 orders
−$271.05
Fee OKX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$328.84
Costs to cover
2.911%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 53 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 OKX live order book, 3 min ago1.14 bp10.1 bp −$1016.7 bp −$16731.8 bp −$3,183doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 53 min ago130.01 bp137.7 bp −$1381007.8 bp −$10.1Kdoesn'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%1h4.3771−0.179%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.3886+0.082%$2.2M$15.6M50xas long as short
Kalshi KXNEARPERP0.0000%8h4.38500.000%$615K$22.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDshortL +0.0004% / S −0.0006%1h4.3788−0.141%$164K150x
dYdX NEAR-USD+0.0008%1h4.3815−0.080%$108K$69K10xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.564%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3870+0.046%$113K$514K50xas long as short
Pacifica NEAR+0.0100%1h4.3850−0.001%$417K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3908+0.132%$270.8M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3839−0.025%$220.7M$423.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAPlong+0.0100%8h4.3850long leg$62.7M$295.8M50x
Bulk NEAR-USD+0.0100%1h4.4054+0.466%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3880+0.068%$31.9M$64.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3900+0.114%$75.4M$150.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3870+0.046%$54.6M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3877+0.062%$72.1M$130.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3890+0.091%$146.8Mas long as short
Variational Omni NEAR+0.0100%8h4.3767−0.189%$8.5M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3889+0.088%$263K$963K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3891+0.093%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3880+0.068%$169K$801K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3834−0.036%$243K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3801−0.112%$60K$236K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3920+0.160%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3960+0.251%$455K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3890+0.091%$3.8M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3889+0.088%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3840−0.023%$204K$40K3xas long as short
SoDEX NEAR-USD+0.0192%1h4.3810−0.091%$8K$52K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.3880+0.068%$13.8M$32.5M75xas long as short
Aster NEARUSDT+0.0305%8h4.3856+0.013%$2.9M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0190%1h4.3789−0.138%$232K100xas long as short
Backpack NEAR_USDC_PERP+0.0341%1h4.3825−0.057%$1.3M$6.3M20xas long as short
01 Exchange NEARUSD+0.0352%1h4.3920+0.160%$13K$7K10xas long as short
Hyperliquid NEAR+0.0390%1h4.3884+0.078%$361.7M$320.1M10xas long as short
Extended NEAR-USD+0.0496%1h4.3867+0.039%$3.9M$19.7M25xas long as short
Nado NEAR-PERP+0.0568%1h4.3885+0.080%$1.9M$3.1M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0572%1h4.3833−0.039%$2.0M$7.3M25xas long as short
Arcus NEAR-USD+0.0581%1h4.3930+0.182%$216K$1.7M10xas long as short
Kraken Futures PF_NEARUSD+0.0593%1h4.3831−0.043%$7.9M$39.8M50xas long as short
Lighter RH NEAR+0.0688%1h4.3905+0.125%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4000+0.342%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.3912+0.142%$591K$1.4M10xas long as short
Lighter NEAR+0.1024%1h4.3923+0.166%$17.7M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1616%1h4.3952+0.233%$5K$12K10xas long as short