Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.040%
Price spread now: GRVT against BloFin+0.185%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$500.501% of the position
Funding, last 7 days−0.216%−$22 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.185%, 7d avg −0.056%
=Together, before fees−0.344%+ Points / potential airdropGRVT: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.242% dearer against BloFin than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of −0.056%): +$24 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEAR-USDT | 4.4380 | 0.0220 | pay 0.0220% / 8h | 5h 28m | $12.7M | $32.4M | 75x |
| Short | GRVT NEAR_USDT_Perp | 4.4462 | 0.0100 | get 0.0100% / 8h | 5h 28m | $1.5M | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$25.2
- Price spread: +0.185% → −0.056%
- $24.17
- Slippage, 4 orders
- −$29.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$51.11
- Costs to cover
- 0.501%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; GRVT: live order book, 2 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 | 3.37 bp | 9.4 bp −$9 | 10.3 bp −$103 | 26.6 bp −$2,665 | 84.8 bp −$42.4K |
| Sell GRVT live order book, 2 min ago | 1.12 bp | 21.3 bp −$21 | 33.6 bp −$336 | doesn't fit | doesn't fit |
NEAR on 45 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0238% | 1h | 4.4348 | −0.072% | $7.3M | $36.9M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4339 | −0.092% | $2K | — | 20x | as long as short |
| 01 Exchange NEARUSD | −0.0016% | 1h | 4.4421 | +0.092% | $13K | $4K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4333 | −0.106% | $748K | $26.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4476 | +0.217% | $167K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.692% | $578 | $301K | 12x | as long as short |
| dYdX NEAR-USD | +0.0039% | 1h | 4.4349 | −0.069% | $109K | $53K | 10x | as long as short |
| Lighter NEAR | +0.0096% | 1h | 4.4517 | +0.308% | $16.9M | $24.8M | 15x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4420 | +0.090% | $122K | $502K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4481 | +0.228% | $2.6M | $4.8M | 50x | as long as short |
Show all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.4451 | +0.160% | $267.3M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4461 | +0.183% | $228.7M | $428.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4460 | +0.180% | $63.5M | $297.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4650 | +0.608% | $266K | $13K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4450 | +0.158% | $39.7M | $62.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4460 | +0.180% | $72.0M | $169.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4520 | +0.315% | $54.2M | $44.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4442 | +0.140% | $74.2M | $127.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4470 | +0.203% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4475 | +0.213% | $8.7M | $16.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4465 | +0.192% | $263K | $868K | 20x | as long as short |
| GRVT NEAR_USDT_Perpshort | +0.0100% | 8h | 4.4462 | +0.185% | $1.5M | $1.8M | 10x | |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4470 | +0.203% | $166K | $808K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4399 | +0.043% | $207K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4383 | +0.007% | $55K | $273K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4470 | +0.203% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4375 | −0.011% | $5K | $34K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4420 | +0.090% | $465K | $3.6M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4370 | −0.023% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4459 | +0.179% | $32K | $389 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4440 | +0.136% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4370 | −0.023% | $206K | $38K | 3x | as long as short |
| Hyperliquid NEAR | +0.0117% | 1h | 4.4511 | +0.295% | $358.0M | $313.5M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0191% / S −0.0034% | 1h | 4.4368 | −0.027% | $239K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0200% | 1h | 4.4490 | +0.248% | $1.5M | $5.9M | 10x | as long as short |
| BloFin NEAR-USDTlong | +0.0220% | 8h | 4.4380 | long leg | $12.7M | $32.4M | 75x | |
| Nado NEAR-PERP | +0.0271% | 1h | 4.4410 | +0.068% | $1.8M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.4480 | +0.225% | $224K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.4466 | +0.193% | $642K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.4385 | +0.011% | $2.3M | $17.4M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0535% | 1h | 4.4426 | +0.104% | $1.1M | $7.1M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0674% | 1h | 4.4408 | +0.063% | $1.9M | $13.0M | 25x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.4450 | +0.158% | $1.7M | $2.7M | 10x | as long as short |
| Pacifica NEAR | +0.0851% | 1h | 4.4473 | +0.210% | $417K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0932% | 1h | 4.4476 | +0.215% | $6K | $6K | 10x | as long as short |
BloFin NEAR-USDT
GRVT NEAR_USDT_Perp
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Lighter NEAR
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
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
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Hyperliquid NEAR
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD