Funding you earn now, next payment 08:00 UTC−0.0266%/8h= −29.1% APRpaid last 24h +0.077%
Price spread now: Kraken Futures against BloFin−0.281%57s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as 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−$500.496% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.291%+$29 · spread now −0.281%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Kraken Futures is 0.308% cheaper against BloFin than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.027%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEAR-USDT | 4.3490 | 0.0282 | pay 0.0282% / 8h | 11m 55s | $13.2M | $32.1M | 75x |
| Short | Kraken Futures PF_NEARUSD | 4.3368 | 0.0017 | get 0.0002% / 1h | 11m 55s | $7.1M | $38.4M | 50x |
BloFin NEAR-USDT
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$55.81
- Price spread: −0.281% → +0.027%
- −$30.76
- Slippage, 4 orders
- −$27.61
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$136.17
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Kraken Futures: 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, 2 min ago | 2.29 bp | 9.9 bp −$10 | 17.1 bp −$171 | 26.9 bp −$2,691 | 77.9 bp −$39.0K |
| Sell Kraken Futures live order book, 2 min ago | 9.97 bp | 15.0 bp −$15 | 19.4 bp −$194 | 48.5 bp −$4,853 | 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 | 4.3429 | −0.141% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3471 | −0.044% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3411 | −0.182% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSDshort | +0.0017% | 1h | 4.3368 | −0.281% | $7.1M | $38.4M | 50x | |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.783% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3460 | −0.069% | $113K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3440 | −0.115% | $219.3M | $428.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3450 | −0.092% | $60.9M | $294.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3601 | +0.254% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3354 | −0.313% | $35.5M | $62.9M | 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_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3480 | −0.023% | $52.7M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3458 | −0.074% | $71.9M | $127.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3658 | +0.387% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3647 | +0.360% | $253K | $902K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3636 | +0.335% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3640 | +0.345% | $166K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3464 | −0.060% | $276K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3418 | −0.166% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3510 | +0.046% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3385 | −0.241% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3350 | −0.322% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3450 | −0.091% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3460 | −0.069% | $3.6M | $16.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3400 | −0.206% | $202K | $38K | 3x | as long as short |
| Aster NEARUSDT | +0.0132% | 8h | 4.3430 | −0.137% | $2.7M | $4.8M | 50x | as long as short |
| Hyperliquid NEAR | +0.0141% | 1h | 4.3472 | −0.041% | $350.3M | $316.1M | 10x | as long as short |
| HTX NEAR-USDT | +0.0152% | 8h | 4.3460 | −0.069% | $463K | $3.8M | 75x | as long as short |
| Binance NEARUSDT | +0.0159% | 8h | 4.3440 | −0.115% | $263.1M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0162% | 8h | 4.3480 | −0.023% | $87.8M | $153.5M | 200x | as long as short |
| Kalshi KXNEARPERP | +0.0176% | 8h | 4.3469 | −0.048% | $981K | $25.1M | 2.2x | as long as short |
| BingX NEAR-USDC | +0.0178% | 8h | 4.3440 | −0.115% | — | $6.7M | — | as long as short |
| 01 Exchange NEARUSD | +0.0240% | 1h | 4.3477 | −0.030% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDTlong | +0.0282% | 8h | 4.3490 | long leg | $13.2M | $32.1M | 75x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0339% / S −0.0238% | 1h | 4.3423 | −0.154% | $252K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0389% | 1h | 4.3451 | −0.090% | $1.7M | $3.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0418% | 1h | 4.3423 | −0.154% | $1.9M | $13.1M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0457% | 1h | 4.3443 | −0.108% | $1.0M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3431 | −0.136% | $2.3M | $16.9M | 50x | as long as short |
| Lighter RH NEAR | +0.0512% | 1h | 4.3401 | −0.205% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEAR | +0.0552% | 1h | 4.3449 | −0.093% | $17.1M | $25.4M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3480 | −0.023% | $228K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3486 | −0.008% | $410K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3782 | +0.671% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3476 | −0.033% | $607K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1142% | 1h | 4.3557 | +0.154% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
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
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
Hyperliquid NEAR
HTX NEAR-USDT
Binance NEARUSDT
MEXC NEAR_USDT
Kalshi KXNEARPERP
BingX NEAR-USDC
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Arcus NEAR-USD
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD