NEAR Funding Rate — live across 22 venues
Compared across 22 supported venues · net of estimated fees · updated every few minutes
Live annualized NEAR perpetual funding across all 22 venues Perpia tracks. Right now NEAR funding is positive on 15 and negative on 6, ranging from +11.4% on Extended to -32.0% on BackPack — a spread of 43.4%. The widest delta-neutral trade is long BackPack / short Lighter at 40.5% net APR.
NEAR funding trend & liquidity
169h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
NEAR funding rate by venue
94 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Extended↗ | +11.4% | 1h |
| Bitget↗ | +10.9% | 8h |
| Vest↗ | +10.9% | 1h |
| KuCoin↗ | +10.9% | 8h |
| Aster↗ | +10.9% | 8h |
| BingX↗ | +10.9% | 8h |
| Pacifica↗ | +10.9% | 1h |
| Sodex↗ | +10.9% | 1h |
| Lighter↗ | +10.5% | 8h |
| Bybit↗ | +8.0% | 8h |
| Paradex↗ | +5.7% | 8h |
| Gate.io↗ | +3.0% | 8h |
| GMTrade↗ | +2.1% | 1h |
| Variational↗ | +2.1% | 8h |
| Risex↗ | +1.9% | 1h |
| dYdX↗ | +0.0% | 1h |
| MEXC↗ | -2.1% | 8h |
| Binance↗ | -2.1% | 8h |
| OKX↗ | -4.4% | 8h |
| Hyperliquid↗ | -8.9% | 1h |
| Nado↗ | -17.2% | 24h |
| BackPack↗ | -32.0% | 1h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the BackPack vs Lighter page.
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NEAR funding — FAQ
Is NEAR funding positive right now?
NEAR perpetual funding is positive on 15 of 22 venues Perpia tracks and negative on 6. The highest is +11.4% on Extended; the lowest is -32.0% on BackPack.
What is the best NEAR funding arbitrage right now?
Go long BackPack and short Lighter for about 40.5% net APR after fees — the widest delta-neutral NEAR spread Perpia currently sees.
Which exchange has the highest NEAR funding rate?
Extended, at +11.4% annualized. Funding shifts continuously, so check the live table above before trading.
How NEAR funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to NEAR
Markets also quoted on both BackPack and Lighter — the same two exchanges you would already have funded for the NEAR trade.
See every spread between them on the BackPack vs Lighter page.