Funding you earn now, next payment 00:00 UTC−0.0349%/8h= −38.2% APRnext payment −$0.44 per $10,000 · paid last 24h −0.213%
Price spread now: ApeX Omni against Backpack+0.108%84s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.472% of the position
Funding, last 7 days−0.359%−$36 on $10k
+Price spread, last 3 days (all we have)+0.138%+$14 · spread now +0.108%, 7d avg +0.003%
=The price spread pays, funding is against you. ApeX Omni is 0.105% dearer against Backpack than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of +0.003%): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.359% in total) that is about 2.0 days. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack NEAR_USDC_PERP | 4.2774 | 0.0449 | pay 0.0056% / 1h | 1m 55s | $1.4M | $5.6M | 20x |
| Short | ApeX Omni NEARUSDT | 4.2820 | 0.0100 | get 0.0013% / 1h | 1m 55s | $179K | $793K | 50x |
Backpack NEAR_USDC_PERP
ApeX Omni NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Backpack. 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
- −$73.25
- Price spread: +0.108% → +0.003%
- $10.47
- Slippage, 4 orders
- −$27.17
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$109.94
- Costs to cover
- 0.472%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 2 min ago; ApeX Omni: live order book, 12 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 Backpack live order book, 2 min ago | 1.16 bp | 6.2 bp −$6 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 12 min ago | 7.03 bp | 17.5 bp −$18 | 94.7 bp −$947 | 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 | 4.2659 | −0.268% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2786 | +0.028% | $2.2M | $13.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2809 | +0.081% | $111K | $62K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2746 | −0.065% | $391K | $18.8M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2744 | −0.069% | $203K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0032% | 8h | 4.2749 | −0.058% | $7.8M | $18.5M | — | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.189% | $578 | $302K | 12x | as long as short |
| Bybit NEARUSDT | +0.0037% | 8h | 4.2666 | −0.252% | $217.1M | $421.8M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0064% | 1h | 4.2726 | −0.112% | $13K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2690 | −0.196% | $110K | $496K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Injective NEAR/USDC PERP
Bybit NEARUSDT
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.2754 | −0.047% | $57K | $194K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2684 | −0.211% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2752 | −0.050% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2793 | +0.044% | $401K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2694 | −0.188% | $253.0M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2680 | −0.220% | $60.7M | $285.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2750 | −0.056% | $196K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2757 | −0.039% | $244K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2708 | −0.154% | $30.8M | $60.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2720 | −0.126% | $79.0M | $142.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2740 | −0.079% | $55.8M | $43.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2670 | −0.243% | $70.7M | $126.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2680 | −0.220% | — | $140.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2741 | −0.077% | $244K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2826 | +0.121% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDTshort | +0.0100% | 1h | 4.2820 | +0.108% | $179K | $793K | 50x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2692 | −0.192% | $194K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2800 | +0.061% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2745 | −0.068% | $4K | $54K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2750 | −0.056% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2697 | −0.180% | $3.8M | $16.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2741 | −0.077% | $202K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2769 | −0.013% | $7.6M | $37.4M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2780 | +0.014% | $13.0M | $29.3M | 75x | as long as short |
| Lighter RH NEAR | +0.0336% | 1h | 4.2812 | +0.089% | $1.6M | $7.1M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0316% | 1h | 4.2751 | −0.054% | $275K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2715 | −0.138% | $418K | $1.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0405% | 1h | 4.2786 | +0.028% | $1.9M | $2.8M | 25x | as long as short |
| Backpack NEAR_USDC_PERPlong | +0.0449% | 1h | 4.2774 | long leg | $1.4M | $5.6M | 20x | |
| Phoenix NEAR | +0.0463% | 1h | 4.2887 | +0.264% | $1.8M | $2.7M | 10x | as long as short |
| Hyperliquid NEAR | +0.0585% | 1h | 4.2782 | +0.019% | $364.5M | $301.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0655% | 1h | 4.2690 | −0.196% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0739% | 8h | 4.2820 | +0.108% | $457K | $3.7M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1189% | 1h | 4.2798 | +0.056% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1784% | 1h | 4.2880 | +0.247% | $16.9M | $24.7M | 15x | as long as short |
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Hyperliquid NEAR
Nado NEAR-PERP
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR