Funding you earn now, next payment 05:00 UTC−0.0878%/8h= −96.1% APRpaid last 24h −0.074%
Price spread now: Bitget against Deribit−0.174%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days−0.409%−$41 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now −0.174%, 7d avg −0.089%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Bitget is 0.084% cheaper against Deribit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.089%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.409% in total (about -21.3% 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 | 4.3223 | 0.0978 | pay 0.0122% / 1h | 7m 50s | $1.9M | $9.9M | 25x |
| Short | Bitget NEARUSDT | 4.3148 | 0.0100 | get 0.0100% / 8h | 3h 07m | $71.2M | $127.3M | 75x |
Deribit NEAR_USDC-PERPETUAL
Bitget NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$184.38
- Price spread: −0.174% → −0.089%
- −$8.42
- Slippage, 4 orders
- −$16.96
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$228.76
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago | 2.78 bp | 6.3 bp −$6 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.35 bp | 11.7 bp −$12 | 15.2 bp −$152 | 36.1 bp −$3,613 | 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 | 4.3179 | −0.102% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3169 | −0.124% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3170 | −0.124% | $162K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.195% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3242 | +0.044% | $2.3M | $15.8M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3170 | −0.123% | $110K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3230 | +0.016% | $264.0M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3163 | −0.139% | $213.6M | $425.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3160 | −0.146% | $61.1M | $286.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3449 | +0.523% | $248K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3189 | −0.079% | $32.1M | $62.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3220 | −0.007% | $74.1M | $146.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3220 | −0.007% | $53.6M | $45.7M | 75x | as long as short |
| Bitget NEARUSDTshort | +0.0100% | 8h | 4.3148 | −0.174% | $71.2M | $127.3M | 75x | |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3210 | −0.030% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3247 | +0.056% | $8.2M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3426 | +0.469% | $254K | $946K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3415 | +0.443% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3430 | +0.479% | $167K | $796K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3194 | −0.067% | $270K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3206 | −0.039% | $57K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3300 | +0.178% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3260 | +0.086% | $467K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3220 | −0.007% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3134 | −0.207% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3230 | +0.016% | $201K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3200 | −0.053% | $13.4M | $31.9M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3187 | −0.082% | $399K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0271% | 8h | 4.3188 | −0.081% | $868K | $23.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0323% / S −0.0198% | 1h | 4.3172 | −0.119% | $233K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0335% | 8h | 4.3210 | −0.030% | $2.8M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0339% | 1h | 4.3205 | −0.042% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0520% | 1h | 4.3224 | +0.002% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0559% | 1h | 4.3151 | −0.166% | $1.8M | $3.1M | 10x | as long as short |
| Extended NEAR-USD | +0.0560% | 1h | 4.3174 | −0.114% | $3.8M | $19.9M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0572% | 1h | 4.3248 | +0.058% | $1.3M | $6.8M | 20x | as long as short |
| Hyperliquid NEAR | +0.0585% | 1h | 4.3207 | −0.037% | $353.9M | $312.5M | 10x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3210 | −0.030% | $212K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0713% | 1h | 4.3200 | −0.054% | $7.6M | $38.9M | 50x | as long as short |
| Lighter RH NEAR | +0.0920% | 1h | 4.3221 | −0.005% | $1.5M | $7.4M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3324 | +0.234% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUALlong | +0.0978% | 1h | 4.3223 | long leg | $1.9M | $9.9M | 25x | |
| Lighter NEAR | +0.1072% | 1h | 4.3240 | +0.040% | $17.4M | $25.1M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3203 | −0.046% | $672K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1586% | 1h | 4.3268 | +0.105% | $5K | $13K | 10x | as long as short |
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Pacifica NEAR
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
SoDEX NEAR-USD
01 Exchange NEARUSD
Nado NEAR-PERP
Extended NEAR-USD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD