Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against BingX+0.421%66s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as 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−$520.517% of the position
Funding, last 7 days+0.282%+$28 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.421%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.402% dearer against BingX than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of +0.019%. The two prices were read 66 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 | BingX NEAR-USDC | 4.2710 | 0.0100 | pay 0.0100% / 8h | 2h 54m | — | $6.7M | — |
| Short | BloFin NEAR-USDT | 4.2890 | 0.0220 | get 0.0220% / 8h | 2h 54m | $13.4M | $31.6M | 75x |
BingX NEAR-USDC
BloFin NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $25.2
- Price spread: +0.421% → +0.019%
- $40.22
- Slippage, 4 orders
- −$29.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $13.68
- Costs to cover
- 0.517%
- Break-even
- 3.2 days
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 5 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 BingX live order book, 3 min ago | 2.34 bp | 17.6 bp −$18 | 29.1 bp −$291 | 68.6 bp −$6,860 | 494.7 bp −$247.4K |
| Sell BloFin live order book, 5 min ago | 3.50 bp | 9.5 bp −$9 | 13.0 bp −$130 | 26.3 bp −$2,633 | 63.4 bp −$31.7K |
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 | 4.2725 | +0.034% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2731 | +0.050% | $105K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2699 | −0.026% | $160K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.044% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2750 | +0.094% | $111K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2743 | +0.077% | $260.6M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2690 | −0.047% | $211.6M | $427.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2710 | 0.000% | $60.2M | $285.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2973 | +0.616% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2710 | 0.000% | $31.8M | $59.4M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2750 | +0.094% | $70.5M | $142.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2720 | +0.023% | $52.9M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2697 | −0.030% | $70.6M | $127.9M | 75x | as long as short |
| BingX NEAR-USDClong | +0.0100% | 8h | 4.2710 | long leg | — | $6.7M | — | |
| Variational Omni NEAR | +0.0100% | 8h | 4.2828 | +0.275% | $8.1M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2804 | +0.221% | $250K | $947K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2790 | +0.187% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2754 | +0.103% | $273K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2745 | +0.082% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2810 | +0.234% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2780 | +0.164% | $458K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2710 | 0.000% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2728 | +0.041% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2688 | −0.051% | $198K | $37K | 3x | as long as short |
| Nado NEAR-PERP | +0.0203% | 1h | 4.2730 | +0.047% | $1.7M | $3.2M | 10x | as long as short |
| BloFin NEAR-USDTshort | +0.0220% | 8h | 4.2890 | +0.421% | $13.4M | $31.6M | 75x | |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.2754 | +0.103% | $2.3M | $15.8M | 50x | as long as short |
| Kalshi KXNEARPERP | +0.0277% | 8h | 4.2866 | +0.365% | $808K | $24.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0195% | 1h | 4.2705 | −0.011% | $229K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0332% | 8h | 4.2720 | +0.023% | $2.8M | $5.5M | 50x | as long as short |
| Lighter NEAR | +0.0336% | 1h | 4.2755 | +0.106% | $16.7M | $24.9M | 15x | as long as short |
| ApeX Omni NEARUSDT | +0.0512% | 1h | 4.2830 | +0.281% | $165K | $793K | 50x | as long as short |
| Extended NEAR-USD | +0.0520% | 1h | 4.2703 | −0.015% | $3.7M | $19.9M | 25x | as long as short |
| Hyperliquid NEAR | +0.0524% | 1h | 4.2777 | +0.157% | $349.3M | $311.0M | 10x | as long as short |
| SoDEX NEAR-USD | +0.0583% | 1h | 4.2715 | +0.012% | $5K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0624% | 1h | 4.2800 | +0.211% | $13K | $7K | 10x | as long as short |
| Lighter RH NEAR | +0.0640% | 1h | 4.2753 | +0.101% | $1.5M | $7.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0649% | 1h | 4.2721 | +0.026% | $1.3M | $6.8M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0741% | 1h | 4.2696 | −0.033% | $7.5M | $38.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.2780 | +0.164% | $210K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.2773 | +0.148% | $392K | $1.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0898% | 1h | 4.2739 | +0.068% | $1.9M | $10.4M | 25x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.2978 | +0.627% | $1.8M | $2.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.2764 | +0.127% | $670K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1471% | 1h | 4.2839 | +0.302% | $5K | $12K | 10x | as long as short |
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Lighter NEAR
ApeX Omni NEARUSDT
Extended NEAR-USD
Hyperliquid NEAR
SoDEX NEAR-USD
01 Exchange NEARUSD
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD