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: SunX against BloFin+0.160%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2282.276% of the position
Funding, last 7 days−0.216%−$22 on $10k
+Price spread, last 4 days (all we have)+0.300%+$30 · spread now +0.160%, 7d avg +0.138%
=The price spread pays, funding is against you. SunX is 0.022% dearer against BloFin than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.138%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEAR-USDT | 4.3730 | 0.0220 | pay 0.0220% / 8h | 7h 30m | $12.7M | $32.3M | 75x |
| Short | SunX NEAR-USDT | 4.3800 | 0.0100 | get 0.0100% / 8h | 7h 30m | $2K | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.160% → +0.138%
- $2.18
- Slippage, 4 orders
- −$207.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$250.65
- Costs to cover
- 2.276%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; SunX: live order book, 4 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, 4 min ago | 2.29 bp | 17.1 bp −$17 | 20.8 bp −$208 | 46.9 bp −$4,689 | 104.9 bp −$52.4K |
| Sell SunX live order book, 4 min ago | 66.38 bp | 115.5 bp −$116 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0432% | 1h | 4.3676 | −0.123% | $7.2M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3683 | −0.107% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3703 | −0.063% | $107K | $65K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3689 | −0.094% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.305% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3720 | −0.023% | $120K | $503K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3720 | −0.023% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3727 | −0.007% | $263.6M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3700 | −0.069% | $220.1M | $427.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3690 | −0.091% | $61.6M | $294.8M | 50x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.3750 | +0.046% | $222K | $1.5M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3684 | −0.105% | $36.6M | $62.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3690 | −0.091% | $90.4M | $157.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3720 | −0.023% | $52.5M | $45.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3690 | −0.091% | $72.1M | $127.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3688 | −0.097% | $9.0M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3563 | −0.382% | $253K | $895K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3640 | −0.205% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3550 | −0.412% | $164K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3703 | −0.062% | $273K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3718 | −0.027% | $56K | $239K | 20x | as long as short |
| SunX NEAR-USDTshort | +0.0100% | 8h | 4.3800 | +0.160% | $2K | $1.3M | 20x | |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3695 | −0.080% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3710 | −0.046% | $3.5M | $8.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3708 | −0.050% | $252K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3699 | −0.071% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3679 | −0.117% | $3.6M | $15.5M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3710 | −0.046% | $203K | $40K | 3x | as long as short |
| BingX NEAR-USDC | +0.0107% | 8h | 4.3700 | −0.069% | — | $6.7M | — | as long as short |
| Kalshi KXNEARPERP | +0.0141% | 8h | 4.3727 | −0.007% | $865K | $25.4M | 2.2x | as long as short |
| BloFin NEAR-USDTlong | +0.0220% | 8h | 4.3730 | long leg | $12.7M | $32.3M | 75x | |
| Hyperliquid NEAR | +0.0236% | 1h | 4.3691 | −0.089% | $353.1M | $316.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0263% | 1h | 4.3730 | 0.000% | $1.7M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.3740 | +0.023% | $13K | $6K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0353% / S −0.0256% | 1h | 4.3677 | −0.121% | $257K | — | 100x | as long as short |
| HTX NEAR-USDT | +0.0408% | 8h | 4.3850 | +0.274% | $463K | $3.7M | 75x | as long as short |
| Lighter NEAR | +0.0424% | 1h | 4.3743 | +0.029% | $17.3M | $23.9M | 15x | as long as short |
| Lighter RH NEAR | +0.0464% | 1h | 4.3752 | +0.050% | $1.5M | $6.4M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3757 | +0.062% | $2.3M | $17.2M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0519% | 1h | 4.3716 | −0.032% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3729 | −0.003% | $591K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3695 | −0.081% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.3734 | +0.009% | $1.8M | $2.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0803% | 1h | 4.3737 | +0.016% | $1.9M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1033% | 1h | 4.3729 | −0.002% | $5K | $7K | 10x | as long as short |
BloFin NEAR-USDT
SunX NEAR-USDT
Kraken Futures PF_NEARUSD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Paradex NEAR-USD-PERP
Extended NEAR-USD
BingX NEAR-USDC
Kalshi KXNEARPERP
Hyperliquid NEAR
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
Lighter NEAR
Lighter RH NEAR
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD