Funding you earn now, next payment 03:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.080%
Price spread now: Coinbase International against BloFin−0.298%58s7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as 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−$560.560% of the position
Funding, last 7 days−0.425%−$43 on $10k
+Price spread, last 4 days (all we have)+0.293%+$29 · spread now −0.298%, 7d avg −0.028%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Coinbase International is 0.271% cheaper against BloFin than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.028%). Swap the legs. The two prices were read 58 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 | 4.4260 | 0.0220 | pay 0.0220% / 8h | 4h 21m | $13.9M | $32.9M | 75x |
| Short | Coinbase International NEAR-PERP-INTX | 4.4128 | −0.0008 | pay 0.0001% / 1h | 21m 32s | $2.3M | $15.4M | 50x |
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$47.88
- Price spread: −0.298% → −0.028%
- −$27.07
- Slippage, 4 orders
- −$34.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$130.97
- Costs to cover
- 0.560%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Coinbase International: live order book, 3 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, 3 min ago | 3.40 bp | 12.7 bp −$13 | 15.9 bp −$159 | 30.1 bp −$3,010 | 74.1 bp −$37.1K |
| Sell Coinbase International live order book, 3 min ago | 5.22 bp | 17.4 bp −$17 | 24.3 bp −$243 | doesn't fit | doesn't fit |
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 | 4.4067 | −0.437% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | −0.0008% | 1h | 4.4128 | −0.298% | $2.3M | $15.4M | 50x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4098 | −0.367% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4185 | −0.169% | $596K | $22.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4211 | −0.111% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.439% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4070 | −0.429% | $113K | $518K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4158 | −0.230% | $422K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4130 | −0.294% | $271.0M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4070 | −0.429% | $221.6M | $424.4M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4070 | −0.429% | $62.7M | $299.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4098 | −0.366% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4113 | −0.332% | $32.0M | $63.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4140 | −0.271% | $74.4M | $149.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4220 | −0.090% | $54.8M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4081 | −0.404% | $72.5M | $130.4M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4090 | −0.384% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3777 | −1.092% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4206 | −0.123% | $265K | $977K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4210 | −0.113% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4050 | −0.474% | $169K | $802K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4108 | −0.343% | $232K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4244 | −0.036% | $57K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4280 | +0.045% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4215 | −0.102% | $8K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4230 | −0.068% | $458K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4190 | −0.158% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4078 | −0.412% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4275 | +0.034% | $206K | $40K | 3x | as long as short |
| BloFin NEAR-USDTlong | +0.0220% | 8h | 4.4260 | long leg | $13.9M | $32.9M | 75x | |
| Backpack NEAR_USDC_PERP | +0.0292% | 1h | 4.4130 | −0.294% | $1.4M | $6.5M | 20x | as long as short |
| Hyperliquid NEAR | +0.0301% | 1h | 4.4258 | −0.005% | $365.0M | $324.5M | 10x | as long as short |
| Aster NEARUSDT | +0.0305% | 8h | 4.4187 | −0.165% | $3.0M | $5.5M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.4130 | −0.294% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0190% | 1h | 4.4211 | −0.110% | $234K | — | 100x | as long as short |
| Extended NEAR-USD | +0.0336% | 1h | 4.4073 | −0.424% | $3.9M | $19.7M | 25x | as long as short |
| Nado NEAR-PERP | +0.0536% | 1h | 4.4067 | −0.435% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4130 | −0.294% | $218K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0587% | 1h | 4.4249 | −0.025% | $8.2M | $39.7M | 50x | as long as short |
| Lighter RH NEAR | +0.0592% | 1h | 4.4183 | −0.174% | $1.5M | $7.2M | 10x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4289 | +0.066% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0904% | 1h | 4.4262 | +0.005% | $2.0M | $7.3M | 25x | as long as short |
| Lighter NEAR | +0.0920% | 1h | 4.4186 | −0.166% | $17.8M | $26.5M | 15x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4128 | −0.298% | $588K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1510% | 1h | 4.4112 | −0.335% | $5K | $12K | 10x | as long as short |
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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Aster NEARUSDT
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Extended NEAR-USD
Nado NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD