Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.2056 | +0.0062 | pay 0.0008% / 1h | 35m 52s | $55K | $213K | 20x | Long Bullet | |
| SHORT | 5.2050 | +0.0100 | get 0.0100% / 8h | 35m 52s | $3.9M | $8.1M | 50x | Short Phemex |
Price gap−0.012%
Funding gap+0.0038% /8h
Funding pays +$1 a day on $10k, but the gap is 0.035% under its 7d average: −$4 if it goes back, about 3.1 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$14+0.0038% /8h now · paid +0.136% over the last 7D
Price−$4spread −0.012% now, avg +0.024% → −0.035% if it goes back
Costs−$490.491% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.012%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNEAR on 45 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size5.4 / 16.6 bpAt $10k entering Phemex costs 16.6 bp, fee and slippage, 3.1× Bullet’s.
- Note: Margin at max leverage$500 + $200Bullet 20x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.14Long Bullet: 24 payments, −$1.86; short Phemex: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.012% vs +0.024%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$55K vs $3.9M OIBullet sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBullet No · Phemex YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0071%/8h × 21 periods+$14.93
Price spread−0.012% → +0.024% (7d avg)−$3.55
Slippage, 4 orderslive order books−$29.07
Fee Bullet bp × 2 orders−$8.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$37.69
Costs to cover0.491%Break-even24.7 days
Slippage: Bullet: live order book, 22 min ago; Phemex: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBullet0.755.4 bp−$511.1 bp−$111doesn’t fitdoesn’t fit
SELL · SHORTPhemex3.8316.6 bp−$1736.9 bp−$369174.1 bp−$17.4Kdoesn’t fit
Closing costs about the same again.
| 09-30 02:45 | MEXC | Other | Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗ |
| 09-30 01:05 | Reya | Listing | NEARRUSDPERP no longer reported ($NEAR) seen by our collector |
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-28 14:46 | RISEx | Other | This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗ |
| 09-28 03:00 | MEXC | Other | NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗ |
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