NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0146%/8h= −15.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.106%

Price spread now: Arcus against RISEx+0.039%7-day average +0.003% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on RISEx Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.115%−$12 on $10k

Price spread, last 7 days−0.076%−$8 · spread now +0.039%, 7d avg +0.003%

Together, before fees−0.192%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.036% dearer against RISEx than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of +0.003%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx NEAR/USDC	4.4453	0.0489	pay 0.0061% / 1h	26m 50s	$637K	$1.6M	10x
Short	Arcus NEAR-USD	4.4470	0.0343	get 0.0043% / 1h	26m 50s	$224K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against RISEx. 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 RISExbpFee ArcusbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$30.59
Price spread: +0.039% → +0.003%: $3.57
Slippage, 4 orders: −$13.19
Fee RISEx: 3 bp × 2 orders: −$6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$50.71
Costs to cover: 0.237%
Break-even: never at this rate

Slippage from RISEx: live order book, 4 min ago; Arcus: live order book, just now.

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 RISEx live order book, 4 min ago	3.22 bp	6.2 bp −$6	13.2 bp −$132	doesn't fit	doesn't fit
Sell Arcus live order book, just now	3.38 bp	5.6 bp −$6	10.3 bp −$103	doesn't fit	doesn't fit

NEAR on 45 exchanges

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
Kraken Futures PF_NEARUSD	−0.0238%	1h	4.4385	−0.153%	$7.3M	$36.9M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.4410	−0.097%	$2K	—	20x	as long as short
01 Exchange NEARUSD	−0.0008%	1h	4.4451	−0.004%	$13K	$4K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4460	+0.016%	$748K	$26.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4466	+0.030%	$167K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.845%	$578	$301K	12x	as long as short
dYdX NEAR-USD	+0.0037%	1h	4.4434	−0.041%	$109K	$53K	10x	as long as short
Lighter NEAR	+0.0096%	1h	4.4427	−0.058%	$16.9M	$24.8M	15x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4440	−0.029%	$122K	$502K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.4406	−0.105%	$2.7M	$4.8M	50x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.4418	−0.079%	$267.1M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4398	−0.123%	$228.4M	$428.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4380	−0.164%	$63.4M	$296.4M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4650	+0.444%	$266K	$13K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4387	−0.148%	$39.7M	$62.7M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4410	−0.096%	$71.7M	$169.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4430	−0.051%	$54.1M	$44.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4382	−0.159%	$74.0M	$127.3M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4410	−0.096%	—	$75.2M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4475	+0.049%	$8.7M	$16.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4388	−0.145%	$263K	$862K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4462	+0.021%	$1.5M	$1.8M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4380	−0.164%	$165K	$808K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4435	−0.040%	$206K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4401	−0.116%	$55K	$273K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4490	+0.084%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4408	−0.101%	$5K	$34K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4490	+0.084%	$466K	$3.6M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4430	−0.051%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4449	−0.008%	$32K	$389	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4375	−0.175%	$3.7M	$15.0M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4404	−0.109%	$206K	$38K	3x	as long as short
Hyperliquid NEAR	+0.0111%	1h	4.4428	−0.056%	$357.3M	$313.7M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0191% / S −0.0034%	1h	4.4403	−0.113%	$239K	—	100x	as long as short
Lighter RH NEAR	+0.0200%	1h	4.4357	−0.215%	$1.5M	$5.9M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4410	−0.096%	$12.7M	$32.4M	75x	as long as short
Nado NEAR-PERP	+0.0262%	1h	4.4455	+0.005%	$1.8M	$3.1M	10x	as long as short
Arcus NEAR-USDshort	+0.0343%	1h	4.4470	+0.039%	$224K	$1.4M	10x
RISEx NEAR/USDClong	+0.0489%	1h	4.4453	long leg	$637K	$1.6M	10x
Coinbase International NEAR-PERP-INTX	+0.0504%	1h	4.4521	+0.154%	$2.3M	$17.4M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0539%	1h	4.4432	−0.047%	$1.1M	$7.1M	20x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0673%	1h	4.4441	−0.026%	$1.9M	$13.0M	25x	as long as short
Phoenix NEAR	+0.0741%	1h	4.4450	−0.006%	$1.7M	$2.7M	10x	as long as short
Pacifica NEAR	+0.0851%	1h	4.4524	+0.161%	$418K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.0920%	1h	4.4467	+0.032%	$6K	$6K	10x	as long as short