Funding you earn now, next payment 06:00 UTC−0.0324%/8h= −35.5% APRpaid last 24h +0.039%
Price spread now: SunX against Coinbase International+0.029%7-day average +0.167% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1561.558% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)+0.192%+$19 · spread now +0.029%, 7d avg +0.167%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 0.138% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.167%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.229%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International NEAR-PERP-INTX | 4.4497 | 0.0424 | pay 0.0053% / 1h | 58m 07s | $2.3M | $16.4M | 50x |
| Short | SunX NEAR-USDT | 4.4510 | 0.0100 | get 0.0100% / 8h | 1h 58m | $1K | $1.3M | 20x |
Coinbase International NEAR-PERP-INTX
SunX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Coinbase International. 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
- −$68.04
- Price spread: +0.029% → +0.167%
- −$13.8
- Slippage, 4 orders
- −$137.76
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$237.6
- Costs to cover
- 1.558%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; SunX: live order book, 6 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 Coinbase International live order book, 1 min ago | 5.63 bp | 12.3 bp −$12 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 30.50 bp | 81.4 bp −$81 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4468 | −0.065% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4343 | −0.346% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4421 | −0.171% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.938% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4470 | −0.061% | $113K | $501K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4427 | −0.157% | $224.9M | $423.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4430 | −0.151% | $62.6M | $296.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4419 | −0.174% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4430 | −0.151% | $34.1M | $59.1M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4470 | −0.061% | $53.6M | $46.0M | 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_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4426 | −0.160% | $73.4M | $126.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4347 | −0.338% | $9.0M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4424 | −0.163% | $259K | $967K | 20x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4440 | −0.128% | $58K | $243K | 20x | as long as short |
| SunX NEAR-USDTshort | +0.0100% | 8h | 4.4510 | +0.029% | $1K | $1.3M | 20x | |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4560 | +0.142% | $461K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4450 | −0.106% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0103% | 8h | 4.4345 | −0.341% | $32K | $608 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0119% | 8h | 4.4330 | −0.375% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.4466 | −0.070% | $207K | $40K | 3x | as long as short |
| BingX NEAR-USDC | +0.0144% | 8h | 4.4450 | −0.106% | — | $6.6M | — | as long as short |
| MEXC NEAR_USDT | +0.0154% | 8h | 4.4430 | −0.151% | $85.0M | $143.1M | 200x | as long as short |
| Binance NEARUSDT | +0.0159% | 8h | 4.4470 | −0.061% | $269.7M | $1.09B | 75x | as long as short |
| BloFin NEAR-USDT | +0.0274% | 8h | 4.4390 | −0.240% | $13.3M | $32.8M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0305% | 8h | 4.4361 | −0.306% | $1.1M | $24.6M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0315% / S −0.0201% | 1h | 4.4439 | −0.130% | $238K | — | 100x | as long as short |
| Polymarket Perps NEAR-USD | +0.0326% | 1h | 4.4478 | −0.043% | $277K | $4.0M | 10x | as long as short |
| Aster NEARUSDT | +0.0344% | 8h | 4.4487 | −0.023% | $2.9M | $5.1M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0353% | 1h | 4.4469 | −0.063% | $5K | $52K | 10x | as long as short |
| Nado NEAR-PERP | +0.0379% | 1h | 4.4450 | −0.106% | $1.7M | $3.2M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0394% | 1h | 4.4450 | −0.106% | $168K | $803K | 50x | as long as short |
| Coinbase International NEAR-PERP-INTXlong | +0.0424% | 1h | 4.4497 | long leg | $2.3M | $16.4M | 50x | |
| Extended NEAR-USD | +0.0432% | 1h | 4.4432 | −0.146% | $3.7M | $19.1M | 25x | as long as short |
| 01 Exchange NEARUSD | +0.0504% | 1h | 4.4510 | +0.029% | $13K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0656% | 1h | 4.4447 | −0.112% | $7.4M | $39.1M | 50x | as long as short |
| Lighter NEAR | +0.0816% | 1h | 4.4531 | +0.078% | $17.4M | $24.6M | 15x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4470 | −0.061% | $223K | $1.6M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0917% | 1h | 4.4466 | −0.070% | $1.3M | $6.6M | 20x | as long as short |
| Hyperliquid NEAR | +0.0930% | 1h | 4.4491 | −0.013% | $366.2M | $312.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0966% | 1h | 4.4480 | −0.038% | $1.9M | $12.2M | 25x | as long as short |
| Lighter RH NEAR | +0.0976% | 1h | 4.4525 | +0.063% | $1.5M | $6.6M | 10x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.4593 | +0.216% | $1.8M | $2.4M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4388 | −0.245% | $408K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4482 | −0.033% | $692K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1268% | 1h | 4.4182 | −0.709% | $6K | $12K | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
Orderly PERP_NEAR_USDC
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
BingX NEAR-USDC
MEXC NEAR_USDT
Binance NEARUSDT
BloFin NEAR-USDT
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Polymarket Perps NEAR-USD
Aster NEARUSDT
SoDEX NEAR-USD
Nado NEAR-PERP
ApeX Omni NEARUSDT
Extended NEAR-USD
01 Exchange NEARUSD
Kraken Futures PF_NEARUSD
Lighter NEAR
Arcus NEAR-USD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Phoenix NEAR
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD