Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against Bybit−0.094%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 7 days+0.108%+$11 · spread now −0.094%, 7d avg +0.023%
=Funding pays, the price is against you. MEXC is 0.117% cheaper against Bybit than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of +0.023%). If the spread goes back, that is −$12 on $10k: about 11 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.015% in total) that is about 56 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NEARUSDT | 4.2530 | 0.0064 | pay 0.0064% / 8h | 24m 42s | $217.1M | $422.7M | 75x |
| Short | MEXC NEAR_USDT | 4.2490 | 0.0100 | get 0.0100% / 8h | 24m 42s | $77.5M | $141.7M | 200x |
Bybit NEARUSDT
MEXC NEAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $7.54
- Price spread: −0.094% → +0.023%
- −$11.7
- Slippage, 4 orders
- −$9.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$24.25
- Costs to cover
- 0.201%
- Break-even
- 29.5 days
Slippage from Bybit: live order book, 4 min ago; MEXC: 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 Bybit live order book, 4 min ago | 1.17 bp | 9.7 bp −$10 | 13.6 bp −$136 | 32.7 bp −$3,270 | 186.2 bp −$93.1K |
| Sell MEXC live order book, 4 min ago | 1.17 bp | 1.2 bp −$1 | 3.9 bp −$39 | 18.9 bp −$1,890 | 68.6 bp −$34.3K |
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 | 4.2508 | −0.053% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2381 | −0.350% | $2.2M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2549 | +0.044% | $110K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2336 | −0.456% | $321K | $18.8M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2476 | −0.127% | $200K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −2.633% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0062% | 8h | 4.2470 | −0.141% | $7.9M | $18.4M | — | as long as short |
| Bybit NEARUSDTlong | +0.0064% | 8h | 4.2530 | long leg | $217.1M | $422.7M | 75x | |
| 01 Exchange NEARUSD | +0.0080% | 1h | 4.2466 | −0.150% | $12K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2480 | −0.118% | $108K | $496K | 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
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2554 | +0.056% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2505 | −0.058% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2532 | +0.005% | $398K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2522 | −0.019% | $251.8M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2550 | +0.047% | $60.5M | $284.6M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2550 | +0.047% | $195K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2551 | +0.049% | $242K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2539 | +0.021% | $30.6M | $59.4M | 75x | as long as short |
| MEXC NEAR_USDTshort | +0.0100% | 8h | 4.2490 | −0.094% | $77.5M | $141.7M | 200x | |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2530 | 0.000% | $55.3M | $43.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2534 | +0.009% | $70.6M | $126.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2560 | +0.071% | — | $140.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2605 | +0.177% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2778 | +0.584% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2630 | +0.235% | $178K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2525 | −0.012% | $195K | $3.4M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2493 | −0.087% | $56K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2500 | −0.071% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2490 | −0.094% | $12K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2500 | −0.071% | $3.8M | $8.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2534 | +0.008% | $3.9M | $16.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2485 | −0.106% | $200K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2516 | −0.032% | $7.3M | $37.3M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2440 | −0.212% | $13.0M | $29.2M | 75x | as long as short |
| Lighter RH NEAR | +0.0320% | 1h | 4.2568 | +0.089% | $1.5M | $7.0M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0374% / S −0.0314% | 1h | 4.2477 | −0.125% | $272K | — | 100x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0385% | 1h | 4.2523 | −0.016% | $1.8M | $2.5M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2541 | +0.025% | $414K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0438% | 1h | 4.2540 | +0.024% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2668 | +0.324% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0729% | 1h | 4.2505 | −0.059% | $1.9M | $3.4M | 10x | as long as short |
| Hyperliquid NEAR | +0.0742% | 1h | 4.2552 | +0.052% | $365.7M | $298.3M | 10x | as long as short |
| HTX NEAR-USDT | +0.0812% | 8h | 4.2610 | +0.188% | $458K | $3.7M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1150% | 1h | 4.2623 | +0.218% | $6K | $11K | 10x | as long as short |
| Lighter NEAR | +0.1712% | 1h | 4.2603 | +0.172% | $16.4M | $23.8M | 15x | as long as short |
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance 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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Nado NEAR-PERP
Hyperliquid NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR