Funding you earn now, next payment 21:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.050%
Price spread now: Coinbase International against ApeX Omni−0.245%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$610.607% of the position
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 3 days (all we have)−0.344%−$34 · spread now −0.245%, 7d avg −0.104%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.141% cheaper against ApeX Omni than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.104%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NEARUSDT | 4.1280 | 0.0100 | pay 0.0013% / 1h | 12m 20s | $181K | $791K | 50x |
| Short | Coinbase International NEAR-PERP-INTX | 4.1179 | −0.0024 | pay 0.0003% / 1h | 12m 20s | $2.1M | $12.6M | 50x |
ApeX Omni NEARUSDT
Coinbase International NEAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$26.04
- Price spread: −0.245% → −0.104%
- −$14.06
- Slippage, 4 orders
- −$40.74
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$100.83
- Costs to cover
- 0.607%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 12 min ago; Coinbase International: 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, 12 min ago | 8.49 bp | 16.9 bp −$17 | 121.5 bp −$1,215 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 5.58 bp | 12.0 bp −$12 | 17.5 bp −$175 | doesn't fit | doesn't fit |
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 | 4.1123 | −0.381% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | −0.0024% | 1h | 4.1179 | −0.245% | $2.1M | $12.6M | 50x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1142 | −0.335% | $103K | $54K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1163 | −0.283% | $396K | $18.6M | 2.2x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | 0.0000% | 1h | 4.1168 | −0.271% | $1.8M | $2.1M | 25x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1138 | −0.343% | $204K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | +0.315% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1130 | −0.363% | $107K | $490K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1176 | −0.252% | $53K | $157K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1122 | −0.383% | $30K | $647 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
Deribit NEAR_USDC-PERPETUAL
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NEARUSDT | +0.0100% | 8h | 4.1160 | −0.292% | $2.9M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1149 | −0.316% | $347K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1120 | −0.388% | $234.3M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1140 | −0.339% | $209.2M | $428.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1160 | −0.291% | $56.2M | $274.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1200 | −0.194% | $235K | $6K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1136 | −0.349% | $29.3M | $58.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1130 | −0.363% | $80.2M | $144.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1150 | −0.315% | $55.6M | $44.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1127 | −0.371% | $68.4M | $126.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.1150 | −0.315% | — | $136.5M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1293 | +0.032% | $7.7M | $18.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1291 | +0.027% | $235K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1255 | −0.062% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDTlong | +0.0100% | 1h | 4.1280 | long leg | $181K | $791K | 50x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1158 | −0.296% | $204K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1190 | −0.218% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1135 | −0.351% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1150 | −0.315% | $3.8M | $8.3M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1121 | −0.384% | $3.7M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1161 | −0.288% | $199K | $61K | 3x | as long as short |
| Arcus NEAR-USD | +0.0118% | 1h | 4.1150 | −0.315% | $306K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0151% | 1h | 4.1163 | −0.284% | $7.3M | $37.0M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0168% | 1h | 4.1142 | −0.334% | $12K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1140 | −0.339% | $12.2M | $33.5M | 75x | as long as short |
| Lighter RH NEAR | +0.0264% | 1h | 4.1181 | −0.240% | $1.4M | $7.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0370% | 1h | 4.1124 | −0.377% | $1.8M | $3.6M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0372% / S −0.0317% | 1h | 4.1134 | −0.352% | $271K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.1157 | −0.299% | $410K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0582% | 1h | 4.1296 | +0.039% | $1.7M | $2.8M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0754% | 1h | 4.1200 | −0.194% | $1.4M | $5.7M | 20x | as long as short |
| Lighter NEAR | +0.0784% | 1h | 4.1189 | −0.221% | $15.2M | $23.0M | 15x | as long as short |
| Hyperliquid NEAR | +0.0892% | 1h | 4.1187 | −0.225% | $345.7M | $299.9M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0932% | 1h | 4.1255 | −0.061% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1080% | 8h | 4.1320 | +0.097% | $444K | $3.7M | 75x | as long as short |
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
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
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
Nado NEAR-PERP
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Phoenix NEAR
Backpack NEAR_USDC_PERP
Lighter NEAR
Hyperliquid NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT