NEAR up 9 percent, and longs pay in 74 of 86 perp markets: What it means for your coins

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.NEAR trades at around $5.26 on October 15, 2026 and gains 9.25 percent, while Bitcoin adds only 0.96 percent. Our own survey of 86 perpetual markets shows the buy side paying for its position in 74 of them.NEAR trades at about $5.26 on the afternoon of October 15, 2026, roughly €4.69, and stands 9.25 percent above the previous day. That stands out above all against the wider market: Bitcoin gains 0.96 percent on the same day, Ether 0.61 percent. The premium comes less from the project itself than from the derivatives trade around the NEAR price. A leveraged position has built up there over recent weeks, hit a record on October 12 and has been shrinking since. For holders, that matters more than the percentage figure. A price driven by leveraged positions behaves differently from one carried by spot buyers: it rises faster, and it falls faster. This article sorts the numbers, sets out our own survey of the running financing costs, and works through the points that decide the outc...