Funding you earn now, next payment 03:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.009%
Price spread now: Bybit against ApeX Omni+0.685%7-day average −0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs+$27as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)−1.277%−$128 · spread now +0.685%, 7d avg −0.104%
=The price spread pays, funding is against you. Bybit is 0.789% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.685% now, against its 7-day average of −0.104%): +$79 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 days. At the pace of the last 7 days (−0.060% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NEARUSDT | 4.3790 | 0.0198 | pay 0.0025% / 1h | 37m 00s | $199K | $779K | 50x |
| Short | Bybit NEARUSDT | 4.4090 | 0.0100 | get 0.0100% / 8h | 5h 37m | $222.5M | $417.7M | 75x |
ApeX Omni NEARUSDT
Bybit NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against ApeX Omni. 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
- −$20.56
- Price spread: +0.685% → −0.104%
- $78.92
- Slippage, 4 orders
- −$30.68
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $6.68
- Costs to cover
- 0.517%
- Break-even
- from the start
Slippage from ApeX Omni: live order book, 27 min ago; Bybit: live order book, 2 min ago.
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 ApeX Omni live order book, 27 min ago | 6.87 bp | 15.6 bp −$16 | 102.6 bp −$1,026 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.14 bp | 8.0 bp −$8 | 15.2 bp −$152 | 36.9 bp −$3,689 | 301.9 bp −$150.9K |
NEAR on 45 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 | 4.3941 | +0.345% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4050 | +0.594% | $2.2M | $14.3M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3921 | +0.299% | $108K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4034 | +0.557% | $612K | $19.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3958 | +0.384% | $199K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.435% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3980 | +0.434% | $115K | $488K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3943 | +0.350% | $415K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4113 | +0.739% | $267.4M | $1.08B | 75x | as long as short |
| Bybit NEARUSDTshort | +0.0100% | 8h | 4.4090 | +0.685% | $222.5M | $417.7M | 75x |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4070 | +0.639% | $62.9M | $291.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3650 | −0.320% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4087 | +0.678% | $31.7M | $62.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4120 | +0.754% | $76.2M | $141.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4110 | +0.731% | $55.6M | $44.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4095 | +0.697% | $72.6M | $126.3M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4080 | +0.662% | — | $144.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4286 | +1.134% | $8.6M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4253 | +1.056% | $265K | $986K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3800 | +0.023% | $1.5M | $1.4M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3991 | +0.459% | $236K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3957 | +0.381% | $60K | $195K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4030 | +0.548% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4047 | +0.587% | $5K | $50K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4160 | +0.845% | $456K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4100 | +0.708% | $3.9M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3956 | +0.380% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4088 | +0.681% | $3.8M | $18.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3980 | +0.434% | $205K | $34K | 3x | as long as short |
| ApeX Omni NEARUSDTlong | +0.0198% | 1h | 4.3790 | long leg | $199K | $779K | 50x | |
| Aster NEARUSDT | +0.0214% | 8h | 4.4015 | +0.513% | $3.0M | $5.5M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4110 | +0.731% | $13.6M | $31.2M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0350% / S −0.0245% | 1h | 4.3950 | +0.366% | $258K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0408% | 1h | 4.3983 | +0.441% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.3990 | +0.457% | $209K | $1.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0420% | 1h | 4.3938 | +0.339% | $1.9M | $3.1M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0614% | 1h | 4.4004 | +0.489% | $1.9M | $4.4M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0668% | 1h | 4.4127 | +0.770% | $1.4M | $6.6M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0699% | 1h | 4.4076 | +0.653% | $8.2M | $41.0M | 50x | as long as short |
| Hyperliquid NEAR | +0.0795% | 1h | 4.4158 | +0.840% | $371.7M | $303.8M | 10x | as long as short |
| Lighter RH NEAR | +0.0800% | 1h | 4.4133 | +0.783% | $1.6M | $6.9M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.4223 | +0.989% | $1.8M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.3986 | +0.448% | $558K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.1448% | 1h | 4.4132 | +0.780% | $17.7M | $25.8M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1747% | 1h | 4.3985 | +0.445% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
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
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Arcus NEAR-USD
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Hyperliquid NEAR
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD