Funding you earn now, next payment 08:00 UTC−0.0131%/8h= −14.3% APRnext payment −$1.31 per $10,000 · paid last 24h −0.036%
Price spread now: BingX against BloFin−0.092%96s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as 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−$400.400% of the position
Funding, last 7 days−0.282%−$28 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.092%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.071% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 96 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 | BloFin NEAR-USDT | 4.3610 | 0.0236 | pay 0.0236% / 8h | 2h 13m | $13.3M | $32.0M | 75x |
| Short | BingX NEAR-USDC | 4.3570 | 0.0105 | get 0.0105% / 8h | 2h 13m | — | $6.6M | — |
BloFin NEAR-USDT
BingX NEAR-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$27.47
- Price spread: −0.092% → −0.020%
- −$7.13
- Slippage, 4 orders
- −$17.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$74.57
- Costs to cover
- 0.400%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; BingX: live order book, 9 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 BloFin live order book, 5 min ago | 2.30 bp | 8.3 bp −$8 | 11.7 bp −$117 | 29.9 bp −$2,995 | 70.8 bp −$35.4K |
| Sell BingX live order book, 9 min ago | 1.16 bp | 9.2 bp −$9 | 21.0 bp −$210 | 66.7 bp −$6,665 | 548.5 bp −$274.2K |
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 | 4.3569 | −0.095% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3575 | −0.080% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3579 | −0.071% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.045% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3600 | −0.023% | $115K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3554 | −0.128% | $218.1M | $420.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3560 | −0.115% | $61.5M | $289.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3050 | −1.284% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3561 | −0.112% | $33.1M | $60.5M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3600 | −0.023% | $52.7M | $46.1M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.3553 | −0.131% | $71.9M | $126.2M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3478 | −0.303% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3566 | −0.100% | $254K | $967K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3442 | −0.385% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3572 | −0.087% | $275K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3631 | +0.048% | $57K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3620 | +0.023% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3690 | +0.183% | $470K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3630 | +0.046% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3547 | −0.145% | $31K | $608 | 10x | as long as short |
| BingX NEAR-USDCshort | +0.0105% | 8h | 4.3570 | −0.092% | — | $6.6M | — | |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3657 | +0.107% | $203K | $37K | 3x | as long as short |
| MEXC NEAR_USDT | +0.0115% | 8h | 4.3590 | −0.046% | $82.2M | $145.6M | 200x | as long as short |
| Binance NEARUSDT | +0.0119% | 8h | 4.3600 | −0.023% | $265.5M | $1.09B | 75x | as long as short |
| BloFin NEAR-USDTlong | +0.0236% | 8h | 4.3610 | long leg | $13.3M | $32.0M | 75x | |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3666 | +0.128% | $2.3M | $16.3M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0312% / S −0.0201% | 1h | 4.3552 | −0.134% | $233K | — | 100x | as long as short |
| Kalshi KXNEARPERP | +0.0312% | 8h | 4.3558 | −0.119% | $994K | $24.7M | 2.2x | as long as short |
| ApeX Omni NEARUSDT | +0.0325% | 1h | 4.3250 | −0.825% | $166K | $795K | 50x | as long as short |
| Aster NEARUSDT | +0.0336% | 8h | 4.3590 | −0.046% | $2.8M | $5.2M | 50x | as long as short |
| Nado NEAR-PERP | +0.0392% | 1h | 4.3565 | −0.103% | $1.7M | $3.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0512% | 1h | 4.3552 | −0.133% | $3.7M | $19.4M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0550% | 1h | 4.3625 | +0.034% | $5K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0659% | 1h | 4.3639 | +0.066% | $358.4M | $311.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0690% | 1h | 4.3649 | +0.089% | $1.3M | $6.6M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0725% | 1h | 4.3603 | −0.016% | $7.3M | $39.1M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0736% | 1h | 4.3659 | +0.112% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3610 | 0.000% | $226K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.3596 | −0.032% | $399K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.0920% | 1h | 4.3631 | +0.047% | $17.1M | $25.2M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3541 | −0.158% | $1.8M | $2.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1104% | 1h | 4.3630 | +0.046% | $1.9M | $11.7M | 25x | as long as short |
| Lighter RH NEAR | +0.1112% | 1h | 4.3633 | +0.053% | $1.5M | $7.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3602 | −0.018% | $691K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1298% | 1h | 4.3363 | −0.566% | $5K | $12K | 10x | as long as short |
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
MEXC NEAR_USDT
Binance NEARUSDT
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Kalshi KXNEARPERP
ApeX Omni NEARUSDT
Aster NEARUSDT
Nado NEAR-PERP
Extended NEAR-USD
SoDEX NEAR-USD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD