Funding you earn now, next payment 02:00 UTC−0.0804%/8h= −88.0% APRnext payment −$1.00 per $10,000 · paid last 24h −0.092%
Price spread now: Backpack against Aftermath Perps−0.199%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 against this trade now: funding costs −$24 a day on $10k at the current rate, and Backpack is 0.199% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps NEARUSD | 4.3854 | 0.1659 | pay 0.0207% / 1h | 7m 10s | $6K | $12K | 10x |
| Short | Backpack NEAR_USDC_PERP | 4.3767 | 0.0856 | get 0.0107% / 1h | 7m 10s | $1.5M | $6.3M | 20x |
Aftermath Perps NEARUSD
Backpack NEAR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aftermath Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$168.74
- Price spread: −0.199% → 0.000%
- −$19.94
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$207.68
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Backpack: 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 2 min ago | 2.16 bp | 9.5 bp −$9 | 17.5 bp −$175 | doesn't fit | doesn't fit |
Aftermath Perps: 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 | 4.3749 | −0.242% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3759 | −0.218% | $2.2M | $14.3M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3753 | −0.230% | $108K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3787 | −0.154% | $569K | $19.7M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3741 | −0.259% | $197K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.574% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0093% | 8h | 4.3887 | +0.075% | $8.4M | $18.5M | — | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3800 | −0.124% | $114K | $487K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3792 | −0.143% | $411K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3709 | −0.332% | $264.8M | $1.08B | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Variational Omni NEAR
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | +0.0100% | 8h | 4.3727 | −0.291% | $220.8M | $417.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3730 | −0.284% | $62.2M | $289.9M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3860 | +0.013% | $209K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3850 | −0.010% | $250K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3735 | −0.272% | $31.6M | $63.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3760 | −0.215% | $76.1M | $144.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3750 | −0.238% | $54.1M | $43.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3724 | −0.297% | $71.8M | $126.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3750 | −0.238% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3791 | −0.146% | $270K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3782 | −0.166% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3780 | −0.170% | $199K | $774K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3794 | −0.138% | $207K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3738 | −0.266% | $60K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3820 | −0.079% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3737 | −0.268% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3900 | +0.104% | $459K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3760 | −0.215% | $3.9M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3757 | −0.222% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3715 | −0.318% | $3.8M | $18.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3763 | −0.208% | $204K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0184% | 8h | 4.3780 | −0.170% | $3.0M | $5.8M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0216% | 1h | 4.3739 | −0.263% | $7.7M | $40.7M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0348% / S −0.0242% | 1h | 4.3737 | −0.267% | $256K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0408% | 1h | 4.3850 | −0.010% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0411% | 1h | 4.3787 | −0.153% | $1.9M | $3.1M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0413% | 1h | 4.3762 | −0.211% | $1.9M | $4.2M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3851 | −0.008% | $549K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.4039 | +0.421% | $1.8M | $2.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0784% | 1h | 4.3816 | −0.088% | $1.6M | $7.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERPshort | +0.0856% | 1h | 4.3767 | −0.199% | $1.5M | $6.3M | 20x | |
| Hyperliquid NEAR | +0.0875% | 1h | 4.3799 | −0.126% | $368.8M | $305.5M | 10x | as long as short |
| Aftermath Perps NEARUSDlong | +0.1659% | 1h | 4.3854 | long leg | $6K | $12K | 10x | |
| Lighter NEAR | +0.1720% | 1h | 4.3846 | −0.020% | $17.5M | $25.8M | 15x | as long as short |
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
Kraken Futures PF_NEARUSD
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Phoenix NEAR
Lighter RH NEAR
Hyperliquid NEAR
Lighter NEAR