Funding you earn now, next payment 07:00 UTC−0.0713%/8h= −78.1% APRpaid last 24h −0.080%
Price spread now: BingX against Deribit−0.070%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$310.305% of the position
Funding, last 7 days−0.452%−$45 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and BingX is 0.070% cheaper against Deribit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.452% in total (about -23.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NEAR_USDC-PERPETUAL | 4.4291 | 0.0903 | pay 0.0113% / 1h | 34m 15s | $1.9M | $13.1M | 25x |
| Short | BingX NEAR-USDT | 4.4260 | 0.0190 | get 0.0190% / 8h | 1h 34m | — | $143.9M | — |
Deribit NEAR_USDC-PERPETUAL
BingX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- −$149.73
- Price spread: −0.070% → 0.000%
- −$7
- Slippage, 4 orders
- −$13.54
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$187.27
- Costs to cover
- 0.305%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 5 min ago; BingX: live order book, 10 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 Deribit live order book, 5 min ago | 3.24 bp | 8.1 bp −$8 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 1.12 bp | 6.1 bp −$6 | 7.5 bp −$75 | 16.6 bp −$1,662 | 42.7 bp −$21.4K |
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 | 4.4238 | −0.120% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4209 | −0.184% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4250 | −0.092% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.505% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4240 | −0.115% | $111K | $494K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4284 | −0.016% | $224.7M | $436.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4260 | −0.070% | $62.5M | $298.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5008 | +1.619% | $256K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4257 | −0.077% | $35.4M | $61.3M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4260 | −0.070% | $53.4M | $46.5M | 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 | 4.4222 | −0.156% | $73.1M | $127.4M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4297 | +0.014% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4392 | +0.229% | $259K | $964K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4380 | +0.201% | $167K | $805K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4265 | −0.059% | $300K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4282 | −0.020% | $59K | $236K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4350 | +0.133% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4350 | +0.133% | $469K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4320 | +0.065% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0106% | 8h | 4.4200 | −0.205% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0114% | 8h | 4.4327 | +0.081% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4229 | −0.140% | $206K | $38K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0184% | 1h | 4.4235 | −0.126% | $5K | $53K | 10x | as long as short |
| BingX NEAR-USDTshort | +0.0190% | 8h | 4.4260 | −0.070% | — | $143.9M | — | |
| MEXC NEAR_USDT | +0.0191% | 8h | 4.4320 | +0.065% | $80.7M | $147.3M | 200x | as long as short |
| Binance NEARUSDT | +0.0194% | 8h | 4.4283 | −0.018% | $270.2M | $1.09B | 75x | as long as short |
| Extended NEAR-USD | +0.0232% | 1h | 4.4220 | −0.161% | $3.7M | $18.7M | 25x | as long as short |
| Kalshi KXNEARPERP | +0.0279% | 8h | 4.4255 | −0.081% | $1.1M | $25.2M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0311% | 8h | 4.4340 | +0.111% | $13.7M | $32.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0197% | 1h | 4.4263 | −0.063% | $234K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0321% | 8h | 4.4250 | −0.092% | $2.8M | $5.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4289 | −0.005% | $2.3M | $16.7M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0448% | 1h | 4.4258 | −0.075% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0481% | 1h | 4.4289 | −0.005% | $362.5M | $312.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0482% | 1h | 4.4268 | −0.052% | $1.4M | $6.8M | 20x | as long as short |
| Nado NEAR-PERP | +0.0602% | 1h | 4.4230 | −0.138% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0660% | 1h | 4.4228 | −0.142% | $7.3M | $38.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4250 | −0.093% | $224K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0880% | 1h | 4.4322 | +0.070% | $17.4M | $25.1M | 15x | as long as short |
| Deribit NEAR_USDC-PERPETUALlong | +0.0903% | 1h | 4.4291 | long leg | $1.9M | $13.1M | 25x | |
| Lighter RH NEAR | +0.0912% | 1h | 4.4322 | +0.070% | $1.5M | $6.7M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.4771 | +1.084% | $1.8M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4257 | −0.076% | $408K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4239 | −0.117% | $662K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1278% | 1h | 4.4460 | +0.381% | $6K | $12K | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
SoDEX NEAR-USD
MEXC NEAR_USDT
Binance NEARUSDT
Extended NEAR-USD
Kalshi KXNEARPERP
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Lighter NEAR
Lighter RH NEAR
Phoenix NEAR
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD