Funding you earn now, next payment 04:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h −0.211%
Price spread now: 01 Exchange against Backpack+0.292%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and 01 Exchange is 0.292% dearer against Backpack than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack NEAR_USDC_PERP | 4.4508 | 0.0217 | pay 0.0027% / 1h | 47m 42s | $1.4M | $6.6M | 20x |
| Short | 01 Exchange NEARUSD | 4.4638 | 0.0264 | get 0.0033% / 1h | 47m 42s | $13K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $9.8
- Price spread: +0.292% → 0.000%
- $29.21
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $22.01
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Backpack: live order book, 1 min ago; 01 Exchange: no order-book sample. 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 Backpack live order book, 1 min ago | 3.14 bp | 8.1 bp −$8 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 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 | 4.4520 | +0.027% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4456 | −0.117% | $2.2M | $15.4M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4452 | −0.125% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4550 | +0.094% | $621K | $22.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4519 | +0.024% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.961% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4620 | +0.252% | $118K | $515K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4469 | −0.088% | $425K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4497 | −0.024% | $272.8M | $1.11B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4450 | −0.130% | $222.6M | $424.5M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4440 | −0.153% | $63.6M | $302.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5100 | +1.330% | $257K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4501 | −0.016% | $32.1M | $62.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4530 | +0.049% | $75.8M | $147.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4540 | +0.072% | $55.3M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4438 | −0.157% | $73.1M | $130.6M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4440 | −0.153% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4797 | +0.650% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4912 | +0.908% | $269K | $977K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4926 | +0.938% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4870 | +0.813% | $172K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4612 | +0.234% | $240K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4506 | −0.004% | $57K | $237K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4550 | +0.094% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4477 | −0.070% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4570 | +0.139% | $464K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4480 | −0.063% | $3.8M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4587 | +0.178% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4485 | −0.052% | $207K | $40K | 3x | as long as short |
| Extended NEAR-USD | +0.0208% | 1h | 4.4475 | −0.074% | $4.0M | $19.6M | 25x | as long as short |
| Backpack NEAR_USDC_PERPlong | +0.0217% | 1h | 4.4508 | long leg | $1.4M | $6.6M | 20x | |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4660 | +0.342% | $14.2M | $33.5M | 75x | as long as short |
| Hyperliquid NEAR | +0.0237% | 1h | 4.4479 | −0.065% | $368.5M | $325.5M | 10x | as long as short |
| 01 Exchange NEARUSDshort | +0.0264% | 1h | 4.4638 | +0.292% | $13K | $7K | 10x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0267% | 1h | 4.4499 | −0.020% | $2.0M | $6.6M | 25x | as long as short |
| Aster NEARUSDT | +0.0302% | 8h | 4.4518 | +0.022% | $3.1M | $5.6M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0338% / S −0.0216% | 1h | 4.4528 | +0.046% | $249K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0472% | 1h | 4.4518 | +0.022% | $1.6M | $7.1M | 10x | as long as short |
| Nado NEAR-PERP | +0.0512% | 1h | 4.4557 | +0.110% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4670 | +0.364% | $221K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0584% | 1h | 4.4474 | −0.077% | $8.2M | $40.2M | 50x | as long as short |
| Lighter NEAR | +0.0712% | 1h | 4.4533 | +0.056% | $17.9M | $26.2M | 15x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4822 | +0.705% | $1.9M | $2.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4662 | +0.346% | $564K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1574% | 1h | 4.4772 | +0.593% | $6K | $12K | 10x | as long as short |
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex 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-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
BloFin NEAR-USDT
Hyperliquid NEAR
Deribit NEAR_USDC-PERPETUAL
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Kraken Futures PF_NEARUSD
Lighter NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD