NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Popdex against Polymarket Perps−0.049%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$280.276% of the position

Long on Polymarket Perps Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.002%$0 on $10k

Price spread, last 4 days (all we have)−1.356%−$136 · spread now −0.049%, 7d avg −0.032%

Together, before fees−1.355%−$135 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NEAR-USD	4.2861	0.0100	pay 0.0013% / 1h	26m 04s	$260K	$3.9M	10x
Short	Popdex NEARUSDT	4.2840	0.0096	get 0.0012% / 1h	26m 04s	$113K	$501K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against Polymarket Perps. 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 Polymarket PerpsbpFee PopdexbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$0.84
Price spread: −0.049% → −0.032%: −$1.71
Slippage, 4 orders: −$13.22
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$30.17
Costs to cover: 0.276%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; Popdex: live order book, 23 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 Polymarket Perps live order book, 3 min ago	2.33 bp	7.4 bp −$7	9.4 bp −$94	doesn't fit	doesn't fit
Sell Popdex live order book, 23 min ago	2.33 bp	6.6 bp −$7	61.3 bp −$613	doesn't fit	doesn't fit

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	−0.057%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2793	−0.158%	$105K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.2778	−0.193%	$160K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.385%	$578	$301K	12x	as long as short
Popdex NEARUSDTshort	+0.0096%	1h	4.2840	−0.049%	$113K	$501K	50x
Binance NEARUSDT	+0.0100%	8h	4.2830	−0.072%	$261.9M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2770	−0.212%	$213.2M	$420.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2780	−0.189%	$60.2M	$283.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2997	+0.318%	$245K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2770	−0.212%	$32.3M	$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	4.2830	−0.072%	$77.3M	$144.4M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2820	−0.096%	$51.7M	$45.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2778	−0.194%	$70.7M	$127.1M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2780	−0.189%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2778	−0.194%	$8.1M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2992	+0.306%	$259K	$953K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2900	+0.091%	$1.4M	$1.5M	10x	as long as short
Polymarket Perps NEAR-USDlong	+0.0100%	1h	4.2861	long leg	$260K	$3.9M	10x
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2833	−0.065%	$56K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2960	+0.231%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.2890	+0.068%	$462K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2820	−0.096%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.2861	0.000%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2860	−0.002%	$199K	$37K	3x	as long as short
ApeX Omni NEARUSDT	+0.0209%	1h	4.3020	+0.371%	$165K	$795K	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2820	−0.096%	$13.2M	$31.5M	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.2859	−0.005%	$2.3M	$15.8M	50x	as long as short
Kalshi KXNEARPERP	+0.0273%	8h	4.2839	−0.051%	$865K	$24.5M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0311% / S −0.0198%	1h	4.2777	−0.196%	$231K	—	100x	as long as short
Aster NEARUSDT	+0.0332%	8h	4.2801	−0.140%	$2.8M	$5.3M	50x	as long as short
Nado NEAR-PERP	+0.0400%	1h	4.2850	−0.026%	$1.7M	$3.2M	10x	as long as short
Extended NEAR-USD	+0.0536%	1h	4.2798	−0.147%	$3.6M	$19.6M	25x	as long as short
SoDEX NEAR-USD	+0.0568%	1h	4.2815	−0.107%	$6K	$52K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0657%	1h	4.2825	−0.084%	$1.3M	$6.6M	20x	as long as short
Hyperliquid NEAR	+0.0676%	1h	4.2832	−0.068%	$350.2M	$310.5M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0739%	1h	4.2792	−0.162%	$7.4M	$38.8M	50x	as long as short
01 Exchange NEARUSD	+0.0752%	1h	4.2897	+0.084%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.2900	+0.091%	$215K	$1.6M	10x	as long as short
Pacifica NEAR	+0.0847%	1h	4.2840	−0.050%	$392K	$1.3M	10x	as long as short
Lighter NEAR	+0.0936%	1h	4.2876	+0.036%	$16.8M	$25.1M	15x	as long as short
Phoenix NEAR	+0.1033%	1h	4.2991	+0.303%	$1.8M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1128%	1h	4.2874	+0.030%	$1.4M	$7.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1199%	1h	4.2842	−0.044%	$1.9M	$11.0M	25x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.2882	+0.050%	$684K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1386%	1h	4.2876	+0.036%	$5K	$12K	10x	as long as short