NEAR Funding Rate — live across 22 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized NEAR perpetual funding across all 22 venues Perpia tracks. Right now NEAR funding is positive on 16 and negative on 5, ranging from +47.6% on BackPack to -46.7% on Variational — a spread of 94.3%. The widest delta-neutral trade is long Variational / short BackPack at 92.1% net APR.
NEAR funding rate by venue
127 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| BackPack | +47.6% | 1h |
| Extended | +11.4% | 1h |
| Vest | +10.9% | 1h |
| Aster | +10.9% | 8h |
| Hyperliquid | +10.9% | 1h |
| Bitget | +10.9% | 8h |
| KuCoin | +10.9% | 8h |
| Pacifica | +10.9% | 1h |
| BingX | +10.9% | 8h |
| Sodex | +10.9% | 1h |
| Lighter | +10.5% | 8h |
| Nado | +8.7% | 24h |
| Risex | +8.7% | 1h |
| Paradex | +4.3% | 8h |
| Gate.io | +1.3% | 8h |
| GMTrade | +0.0% | 1h |
| dYdX | +0.0% | 1h |
| MEXC | -1.5% | 8h |
| Binance | -1.6% | 8h |
| OKX | -30.4% | 8h |
| Bybit | -32.7% | 8h |
| Variational | -46.7% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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NEAR funding — FAQ
Is NEAR funding positive right now?
NEAR perpetual funding is positive on 16 of 22 venues Perpia tracks and negative on 5. The highest is +47.6% on BackPack; the lowest is -46.7% on Variational.
What is the best NEAR funding arbitrage right now?
Go long Variational and short BackPack for about 92.1% net APR after fees — the widest delta-neutral NEAR spread Perpia currently sees.
Which exchange has the highest NEAR funding rate?
BackPack, at +47.6% annualized. Funding shifts continuously, so check the live table above before trading.
How NEAR funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.