NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.120%

Price spread now: 01 Exchange against Phoenix−0.219%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and 01 Exchange is 0.219% cheaper against Phoenix than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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	Phoenix NEAR	4.2991	0.1033	pay 0.0129% / 1h	26m 31s	$1.8M	$2.5M	10x
Short	01 Exchange NEARUSD	4.2897	0.0752	get 0.0094% / 1h	26m 31s	$13K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Phoenix. 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 PhoenixbpFee 01 ExchangebpOrdersPrice spread, now −0.219%Rate

Funding earned: −$59.05
Price spread: −0.219% → 0.000%: −$21.87
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$94.91
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 2 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 Phoenix live order book, 2 min ago	0.93 bp	12.3 bp −$12	51.2 bp −$512	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	4.2837	−0.359%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2793	−0.460%	$105K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.2818	−0.401%	$160K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.678%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2840	−0.351%	$113K	$501K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2880	−0.258%	$262.2M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2826	−0.384%	$213.5M	$420.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2830	−0.374%	$60.2M	$284.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2997	+0.015%	$245K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2854	−0.319%	$32.4M	$60.0M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NEAR_USDT	+0.0100%	8h	4.2880	−0.258%	$77.4M	$144.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2800	−0.444%	$51.7M	$45.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2840	−0.351%	$70.8M	$127.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.2850	−0.328%	—	$143.4M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2878	−0.262%	$8.1M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2992	+0.003%	$259K	$953K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2900	−0.212%	$1.4M	$1.5M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2861	−0.302%	$260K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2821	−0.395%	$56K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2880	−0.258%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3010	+0.044%	$463K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2820	−0.398%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.2861	−0.302%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2839	−0.354%	$199K	$37K	3x	as long as short
ApeX Omni NEARUSDT	+0.0209%	1h	4.3020	+0.067%	$165K	$795K	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2820	−0.398%	$13.2M	$31.5M	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.2871	−0.279%	$2.3M	$15.8M	50x	as long as short
Kalshi KXNEARPERP	+0.0269%	8h	4.2888	−0.240%	$867K	$24.5M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0311% / S −0.0198%	1h	4.2814	−0.411%	$231K	—	100x	as long as short
Aster NEARUSDT	+0.0332%	8h	4.2850	−0.328%	$2.8M	$5.3M	50x	as long as short
Nado NEAR-PERP	+0.0400%	1h	4.2850	−0.328%	$1.7M	$3.2M	10x	as long as short
Extended NEAR-USD	+0.0536%	1h	4.2871	−0.280%	$3.6M	$19.6M	25x	as long as short
SoDEX NEAR-USD	+0.0560%	1h	4.2785	−0.479%	$6K	$53K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0656%	1h	4.2797	−0.451%	$1.3M	$6.6M	20x	as long as short
Hyperliquid NEAR	+0.0678%	1h	4.2876	−0.267%	$350.5M	$310.5M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0739%	1h	4.2778	−0.496%	$7.4M	$38.8M	50x	as long as short
01 Exchange NEARUSDshort	+0.0752%	1h	4.2897	−0.219%	$13K	$7K	10x
Arcus NEAR-USD	+0.0814%	1h	4.2900	−0.212%	$215K	$1.6M	10x	as long as short
Pacifica NEAR	+0.0847%	1h	4.2840	−0.352%	$392K	$1.3M	10x	as long as short
Lighter NEAR	+0.0928%	1h	4.2870	−0.282%	$16.8M	$25.1M	15x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1013%	1h	4.2821	−0.395%	$1.9M	$11.0M	25x	as long as short
Phoenix NEARlong	+0.1033%	1h	4.2991	long leg	$1.8M	$2.5M	10x
Lighter RH NEAR	+0.1128%	1h	4.2838	−0.356%	$1.4M	$7.4M	10x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.2882	−0.253%	$684K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1365%	1h	4.2895	−0.222%	$5K	$12K	10x	as long as short