Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.0734 | +0.0100 | pay 0.0100% / 8h | 6h 29m | $74.1M | $96.3M | 75x | Long Bitget | |
| SHORT | 5.0653 | −0.0053 | pay 0.0007% / 1h | 29m 43s | $55K | $187K | 20x | Short Bullet |
Price gap−0.159%
Funding gap−0.0153% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.131% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6−0.0153% /8h now · paid −0.063% over the last 6 days (all we have)
Price−$13spread −0.159% now, avg −0.028% → −0.131% if it goes back
Costs−$310.309% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.159%
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 45 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Large against open interest9.2 / 5.9 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$133 + $500Bitget 75x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.60Long Bitget: 3 payments, −$3.00; short Bullet: 24 payments, −$1.60.
- Watch: Gap narrower than usual−0.159% vs −0.028%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$55K vs $74.1M OIBullet sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · Bullet NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0034%/8h × 21 periods−$7.15
Price spread−0.159% → −0.028% (7d avg)−$13.14
Slippage, 4 orderslive order books−$10.94
Fee Bitget bp × 2 orders−$12.00
Fee Bullet bp × 2 orders−$8.00
Net · 7 days · $10k−$51.23
Costs to cover0.309%Break-evennever at this rate
Slippage: Bitget: live order book, 3 min ago; Bullet: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget0.109.2 bp−$915.6 bp−$15629.2 bp−$2,915116.2 bp−$58.1K
SELL · SHORTBullet1.185.9 bp−$69.7 bp−$97doesn’t fitdoesn’t fit
Closing costs about the same again.
| 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 |
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-28 14:46 | RISEx | Other | This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗ |
| 09-28 03:00 | MEXC | Other | NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗ |
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