NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0755%/8h= +82.6% APRnext payment +$0.94 per $10,000 · paid last 24h +0.153%

Price spread now: Phoenix against SoDEX+0.020%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 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 for this trade now. Funding pays +$23 a day on $10k at the current rate, and Phoenix is 0.020% dearer against SoDEX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NEAR-USD	4.3935	0.0100	pay 0.0013% / 1h	51m 16s	$5K	$51K	10x
Short	Phoenix NEAR	4.3944	0.0855	get 0.0107% / 1h	51m 16s	$1.8M	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against SoDEX. 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 SoDEXbpFee PhoenixbpOrdersPrice spread, now +0.020%Rate

Funding earned: $158.49
Price spread: +0.020% → 0.000%: $2.05
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $145.54
Costs to cover: 0.150%
Break-even: 0.6 days

Slippage unknown: SoDEX: no order-book sample; Phoenix: live order book, 2 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 2 min ago	0.91 bp	11.7 bp −$12	28.1 bp −$281	doesn't fit	doesn't fit

SoDEX: 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 44 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	4.3913	−0.051%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.3907	−0.064%	$2.2M	$14.2M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3879	−0.127%	$108K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3889	−0.105%	$550K	$19.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3918	−0.038%	$199K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.747%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3920	−0.034%	$115K	$483K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3954	+0.043%	$415K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3949	+0.032%	$266.8M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3880	−0.125%	$221.8M	$416.6M	75x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3860	−0.171%	$62.6M	$289.7M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3657	−0.633%	$249K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3921	−0.032%	$31.6M	$61.7M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3940	+0.011%	$75.9M	$139.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3950	+0.034%	$54.8M	$43.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3877	−0.132%	$72.0M	$126.1M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3890	−0.102%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3808	−0.290%	$8.4M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3800	−0.306%	$268K	$994K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3770	−0.376%	$1.4M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3790	−0.330%	$195K	$778K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3957	+0.050%	$206K	$3.6M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3955	+0.046%	$60K	$190K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3980	+0.102%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USDlong	+0.0100%	1h	4.3935	long leg	$5K	$51K	10x
HTX NEAR-USDT	+0.0100%	8h	4.4060	+0.285%	$460K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3940	+0.011%	$3.9M	$8.1M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3977	+0.095%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3923	−0.028%	$3.8M	$18.6M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3942	+0.016%	$205K	$34K	3x	as long as short
Aster NEARUSDT	+0.0202%	8h	4.3980	+0.102%	$3.0M	$5.5M	50x	as long as short
Nado NEAR-PERP	+0.0342%	1h	4.3898	−0.085%	$1.9M	$3.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0349% / S −0.0244%	1h	4.3918	−0.038%	$257K	—	100x	as long as short
01 Exchange NEARUSD	+0.0408%	1h	4.3943	+0.018%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.3920	−0.034%	$209K	$1.7M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0478%	1h	4.3974	+0.089%	$1.9M	$4.3M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0695%	1h	4.3922	−0.030%	$1.4M	$6.4M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0701%	1h	4.3967	+0.072%	$8.2M	$41.0M	50x	as long as short
Lighter RH NEAR	+0.0776%	1h	4.3949	+0.032%	$1.6M	$6.9M	10x	as long as short
Hyperliquid NEAR	+0.0810%	1h	4.3993	+0.131%	$370.6M	$304.1M	10x	as long as short
Phoenix NEARshort	+0.0855%	1h	4.3944	+0.020%	$1.8M	$2.7M	10x
RISEx NEAR/USDC	+0.0924%	1h	4.3923	−0.027%	$554K	$1.3M	10x	as long as short
Lighter NEAR	+0.1080%	1h	4.4011	+0.172%	$17.6M	$25.5M	15x	as long as short
Aftermath Perps NEARUSD	+0.1671%	1h	4.3812	−0.281%	$6K	$12K	10x	as long as short