Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against BloFin−0.440%454s7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as 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−$300.296% of the position
Funding, last 7 days−0.235%−$24 on $10k
+Price spread, last 3 days (all we have)+0.285%+$29 · spread now −0.440%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.416% cheaper against BloFin than usual: you would sell low and buy high (−$42 if the spread goes back to its 7-day average of −0.023%). Swap the legs. The two prices were read 454 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 | 4.3220 | 0.0220 | pay 0.0220% / 8h | 6h 41m | $13.2M | $27.6M | 75x |
| Short | MEXC NEAR_USDT | 4.3030 | 0.0100 | get 0.0100% / 8h | 6h 41m | $75.5M | $137.7M | 200x |
BloFin NEAR-USDT
MEXC NEAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.440% → −0.023%
- −$41.63
- Slippage, 4 orders
- −$17.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$96.38
- Costs to cover
- 0.296%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; MEXC: 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, 7 min ago | 2.31 bp | 15.4 bp −$15 | 23.5 bp −$235 | 42.7 bp −$4,266 | 127.4 bp −$63.7K |
| Sell MEXC live order book, 2 min ago | 1.16 bp | 2.6 bp −$3 | 5.0 bp −$50 | 66.3 bp −$6,629 | 107.3 bp −$53.6K |
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 | 4.3017 | −0.470% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3068 | −0.352% | $2.1M | $13.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3005 | −0.497% | $107K | $69K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3035 | −0.428% | $510K | $19.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3038 | −0.422% | $200K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.188% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0040% | 8h | 4.3438 | +0.505% | $8.2M | $19.1M | — | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3010 | −0.486% | $115K | $477K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.3084 | −0.315% | $57K | $161K | 20x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3097 | −0.284% | $3.0M | $5.8M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Variational Omni NEAR
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.3052 | −0.390% | $407K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3049 | −0.395% | $257.7M | $1.06B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3075 | −0.335% | $218.9M | $419.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3080 | −0.324% | $60.9M | $278.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3120 | −0.231% | $204K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3300 | +0.185% | $247K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3092 | −0.296% | $30.9M | $60.5M | 75x | as long as short |
| MEXC NEAR_USDTshort | +0.0100% | 8h | 4.3030 | −0.440% | $75.5M | $137.7M | 200x | |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3030 | −0.440% | $55.3M | $42.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3094 | −0.292% | $71.4M | $123.4M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3120 | −0.231% | — | $142.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3320 | +0.231% | $260K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3386 | +0.384% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3310 | +0.208% | $179K | $778K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3031 | −0.437% | $214K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3150 | −0.162% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3055 | −0.382% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3060 | −0.370% | $438K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3070 | −0.347% | $3.8M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3068 | −0.351% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3089 | −0.302% | $3.8M | $17.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3069 | −0.349% | $201K | $34K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0220% | 1h | 4.3089 | −0.303% | $7.9M | $40.0M | 50x | as long as short |
| BloFin NEAR-USDTlong | +0.0220% | 8h | 4.3220 | long leg | $13.2M | $27.6M | 75x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0358% / S −0.0277% | 1h | 4.3027 | −0.446% | $258K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0376% | 1h | 4.3168 | −0.120% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0436% | 1h | 4.3015 | −0.474% | $1.9M | $3.0M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3181 | −0.090% | $539K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.3533 | +0.724% | $1.8M | $2.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0680% | 1h | 4.3068 | −0.352% | $1.6M | $6.9M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0726% | 1h | 4.3092 | −0.296% | $1.9M | $4.1M | 25x | as long as short |
| Hyperliquid NEAR | +0.0777% | 1h | 4.3185 | −0.081% | $363.2M | $305.6M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0792% | 1h | 4.3143 | −0.178% | $1.4M | $6.0M | 20x | as long as short |
| Lighter NEAR | +0.1448% | 1h | 4.3086 | −0.310% | $17.2M | $24.6M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1475% | 1h | 4.3205 | −0.035% | $5K | $12K | 10x | as long as short |
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
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
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Nado NEAR-PERP
RISEx NEAR/USDC
Phoenix NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Lighter NEAR
Aftermath Perps NEARUSD