Funding you earn now, next payment 01:00 UTC−0.0362%/8h= −39.7% APRnext payment −$0.45 per $10,000 · paid last 24h −0.216%
Price spread now: Extended against Backpack−0.084%48s7-day average −0.861% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as 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−$250.253% of the position
Funding, last 7 days−0.382%−$38 on $10k
+Price spread, last 7 days+1.085%+$109 · spread now −0.084%, 7d avg −0.861%
=Together, before fees+0.703%+ Points / potential airdropExtended: Active · farm board+$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.778% dearer against Backpack than usual: you sell high and buy low (spread −0.084% now, against its 7-day average of −0.861%): +$78 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 7.2 days. The two prices were read 48 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 | 4.3123 | 0.0466 | pay 0.0058% / 1h | 16m 18s | $1.3M | $5.9M | 20x |
| Short | Extended NEAR-USD | 4.3087 | 0.0104 | get 0.0013% / 1h | 16m 18s | $3.8M | $17.4M | 25x |
Backpack NEAR_USDC_PERP
Extended NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$76.09
- Price spread: −0.084% → −0.861%
- $77.77
- Slippage, 4 orders
- −$10.28
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$23.6
- Costs to cover
- 0.253%
- Break-even
- from the start
Slippage from Backpack: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago | 1.28 bp | 9.3 bp −$9 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.46 bp | 4.5 bp −$4 | 9.8 bp −$98 | 921.6 bp −$92.2K | 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 | 4.3036 | −0.201% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.3093 | −0.069% | $7.3M | $37.4M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2992 | −0.304% | $2.2M | $13.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2997 | −0.293% | $111K | $64K | 10x | as long as short |
| 01 Exchange NEARUSD | 0.0000% | 1h | 4.3072 | −0.118% | $13K | $7K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3055 | −0.158% | $348K | $19.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3061 | −0.143% | $204K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0005% | 8h | 4.3018 | −0.243% | $8.2M | $18.9M | — | as long as short |
| Phemex NEARUSDT | +0.0017% | 8h | 4.3050 | −0.169% | $3.8M | $8.5M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.972% | $578 | $302K | 12x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
01 Exchange NEARUSD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Phemex NEARUSDT
Injective NEAR/USDC PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDT | +0.0096% | 1h | 4.3030 | −0.216% | $115K | $489K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.3106 | −0.039% | $57K | $186K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.3042 | −0.187% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3103 | −0.047% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3022 | −0.235% | $397K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3088 | −0.080% | $256.5M | $1.06B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3080 | −0.100% | $218.7M | $418.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3140 | +0.039% | $61.0M | $281.9M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3080 | −0.100% | $197K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3083 | −0.092% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3072 | −0.118% | $31.0M | $60.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3120 | −0.007% | $77.1M | $141.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3110 | −0.030% | $56.3M | $42.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3159 | +0.083% | $71.7M | $124.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3040 | −0.192% | — | $142.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3013 | −0.255% | $256K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2988 | −0.314% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2990 | −0.308% | $180K | $781K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3061 | −0.144% | $194K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3140 | +0.039% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3095 | −0.065% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3150 | +0.063% | $453K | $3.7M | 75x | as long as short |
| Extended NEAR-USDshort | +0.0104% | 1h | 4.3087 | −0.084% | $3.8M | $17.4M | 25x | |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3095 | −0.065% | $201K | $31K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3080 | −0.100% | $13.0M | $27.9M | 75x | as long as short |
| Hyperliquid NEAR | +0.0270% | 1h | 4.3124 | +0.002% | $365.5M | $304.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0353% | 1h | 4.3116 | −0.016% | $1.9M | $3.8M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0374% / S −0.0307% | 1h | 4.3068 | −0.128% | $274K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3073 | −0.115% | $403K | $1.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0446% | 1h | 4.3053 | −0.161% | $1.9M | $3.2M | 10x | as long as short |
| Lighter RH NEAR | +0.0456% | 1h | 4.3155 | +0.074% | $1.6M | $7.0M | 10x | as long as short |
| Backpack NEAR_USDC_PERPlong | +0.0466% | 1h | 4.3123 | long leg | $1.3M | $5.9M | 20x | |
| Phoenix NEAR | +0.0499% | 1h | 4.3153 | +0.070% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1496% | 1h | 4.3105 | −0.043% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1864% | 1h | 4.3199 | +0.176% | $17.3M | $24.6M | 15x | as long as short |
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit 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
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Aevo NEAR-PERP
BloFin NEAR-USDT
Hyperliquid NEAR
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Nado NEAR-PERP
Lighter RH NEAR
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR