Funding you earn now, next payment 09:00 UTC−0.0513%/8h= −56.2% APRpaid last 24h −0.094%
Price spread now: edgeX against Deribit−0.962%7-day average −0.083% · 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−$127as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days−0.382%−$38 on $10k
+Price spread, last 4 days (all we have)+0.675%+$67 · spread now −0.962%, 7d avg −0.083%
=Together, before fees+0.293%+ Points / potential airdropedgeX: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and edgeX is 0.878% cheaper against Deribit than usual: you would sell low and buy high (−$88 if the spread goes back to its 7-day average of −0.083%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NEAR_USDC-PERPETUAL | 4.4082 | 0.0613 | pay 0.0077% / 1h | 45m 13s | $1.9M | $13.1M | 25x |
| Short | edgeX NEARUSDC | 4.3658 | 0.0100 | get 0.0050% / 4h | 3h 45m | $253K | $895K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$107.73
- Price spread: −0.962% → −0.083%
- −$87.83
- Slippage, 4 orders
- −$23.26
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$234.82
- Costs to cover
- 0.393%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 4 min ago; edgeX: live order book, 44 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, 4 min ago | 2.51 bp | 6.0 bp −$6 | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 44 min ago | 8.05 bp | 13.5 bp −$14 | 27.6 bp −$276 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex NEARUSDT | −0.0787% | 8h | 4.4050 | −0.073% | $3.6M | $8.2M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0429% | 1h | 4.4043 | −0.089% | $7.3M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4054 | −0.065% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4063 | −0.044% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4269 | +0.425% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.061% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4060 | −0.050% | $119K | $509K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4050 | −0.073% | $2.8M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4050 | −0.073% | $224.2M | $431.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4050 | −0.073% | $62.1M | $299.7M | 50x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.4070 | −0.027% | $222K | $1.5M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | −0.753% | $252K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4025 | −0.129% | $36.6M | $61.9M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4090 | +0.018% | $53.0M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4050 | −0.073% | $72.6M | $128.3M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4208 | +0.285% | $9.1M | $18.2M | — | as long as short |
| edgeX NEARUSDCshort | +0.0100% | 4h | 4.3658 | −0.962% | $253K | $895K | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3670 | −0.935% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4050 | −0.073% | $168K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4040 | −0.095% | $275K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4066 | −0.036% | $59K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4080 | −0.005% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4055 | −0.061% | $5K | $50K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.4029 | −0.120% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4030 | −0.117% | $3.7M | $15.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.4055 | −0.061% | $205K | $40K | 3x | as long as short |
| MEXC NEAR_USDT | +0.0121% | 8h | 4.4040 | −0.095% | $92.5M | $155.2M | 200x | as long as short |
| Binance NEARUSDT | +0.0122% | 8h | 4.4025 | −0.128% | $265.4M | $1.09B | 75x | as long as short |
| BingX NEAR-USDC | +0.0133% | 8h | 4.4020 | −0.141% | — | $6.7M | — | as long as short |
| Kalshi KXNEARPERP | +0.0151% | 8h | 4.4137 | +0.125% | $880K | $25.4M | 2.2x | as long as short |
| Hyperliquid NEAR | +0.0173% | 1h | 4.4102 | +0.044% | $356.3M | $318.5M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0242% | 8h | 4.4110 | +0.064% | $12.7M | $32.7M | 75x | as long as short |
| Nado NEAR-PERP | +0.0251% | 1h | 4.4074 | −0.018% | $1.7M | $3.2M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0296% | 1h | 4.4088 | +0.014% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0350% / S −0.0252% | 1h | 4.4018 | −0.145% | $258K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0432% | 1h | 4.4115 | +0.075% | $1.5M | $6.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0444% | 8h | 4.4180 | +0.222% | $467K | $3.8M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.4150 | +0.154% | $2.3M | $17.3M | 50x | as long as short |
| Lighter NEAR | +0.0496% | 1h | 4.4115 | +0.075% | $17.4M | $23.8M | 15x | as long as short |
| Deribit NEAR_USDC-PERPETUALlong | +0.0613% | 1h | 4.4082 | long leg | $1.9M | $13.1M | 25x | |
| Backpack NEAR_USDC_PERP | +0.0613% | 1h | 4.4257 | +0.397% | $1.1M | $7.2M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.4055 | −0.062% | $601K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.4141 | +0.133% | $416K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.4222 | +0.318% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1055% | 1h | 4.3884 | −0.449% | $5K | $7K | 10x | as long as short |
Deribit NEAR_USDC-PERPETUAL
edgeX NEARUSDC
Phemex NEARUSDT
Kraken Futures PF_NEARUSD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Paradex NEAR-USD-PERP
Extended NEAR-USD
MEXC NEAR_USDT
Binance NEARUSDT
BingX NEAR-USDC
Kalshi KXNEARPERP
Hyperliquid NEAR
BloFin NEAR-USDT
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
HTX NEAR-USDT
Coinbase International NEAR-PERP-INTX
Lighter NEAR
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD