Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.4420 | +0.0100 | pay 0.0100% / 8h | 3h 07m | $293.5M | $953.5M | 75x | Long Binance | |
| SHORT | 5.4515 | 0 | 0.0000% / 43m | 30m 20s | $689 | $148K | 3x | Short Perpl |
Price gap+0.175%
Funding gap−0.0100% /8h
The gap pays +$21 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 7.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3−0.0100% /8h now · paid −0.028% over the last 18 hours (all we have)
Price+$21spread +0.175% now, avg −0.034% → +0.209% if it goes back
Costsno datano order book for Perpl
Result, before costs+$18+0.18%+ Points / potential airdropPerpl: points · farm boardcosts unknown: no order book for Perpl · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.175%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNEAR on 46 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for Perpl: its slippage is not counted.
- Note: Margin at max leverage$133 + $3,333Binance 75x, Perpl 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 43mPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.00Long Binance: 3 payments, −$3.00; short Perpl: 33 payments, $0.00.
- OK: Entry gap works for you+0.175% vs −0.034%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$689 vs $293.5M OIPerpl sets your exit cost. Check its book before closing.
- OK: Points on a legPerpl pointsVolume here counts toward the points program.
- Watch: KYCBinance Yes · Perpl NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0126%/8h × 21 periods−$26.52
Price spread+0.175% → −0.034% (7d avg)+$20.86
Slippage, 4 ordersno data for Perpl—
Fee Binance bp × 2 orders−$10.00
Fee Perpl bp × 2 orders−$6.90
Net, fees only · 7 days · $10k−$22.56
Costs to cover0.169%Break-evenfrom the start
Slippage: Binance: live order book, 8 min ago; Perpl: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBinance0.936.9 bp−$710.4 bp−$10429.8 bp−$2,98394.2 bp−$47.1K
SELL · SHORTPerpl—————
Closing costs about the same again.
Perpl: no data.
| 09-30 18:57 | OKX | Other | Another X Drops Club just dropped in Europe. Trade the featured tokens like SOL, ZEC, NEAR, ENA, SUI, ONDO, CT, HBAR, AVAX, and XLM for a share of 1.5M , with CT trades boosted 3×. Make this round count. @okx on X ↗ |
| 09-30 17:06 | Perpl | Listing | new market NEAR ($NEAR) seen by our collector |
| 09-30 16:28 | Perpl | Listing | You can now trade $NEAR with up to 3x leverage @perpltrade on X ↗ |
| 09-30 02:45 | MEXC | Other | Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗ |
| 09-30 01:05 | Reya | Listing | NEARRUSDPERP no longer reported ($NEAR) seen by our collector |
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |

OKX
MEXC
Bulk