Funding you earn now, next payment 23:00 UTC+0.0525%/8h= +57.5% APRpaid last 24h +0.025%
Price spread now: HTX against Deribit+0.326%7-day average +0.181% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$480.484% of the position
Funding, last 7 days+0.205%+$21 on $10k
+Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.326%, 7d avg +0.181%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and HTX is 0.145% dearer against Deribit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.181%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.205% in total (about 10.7% 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 | 4.2890 | 0.0403 | pay 0.0050% / 1h | 6m 56s | $1.9M | $2.3M | 25x |
| Short | HTX NEAR-USDT | 4.3030 | 0.0928 | get 0.0928% / 8h | 1h 06m | $463K | $3.6M | 75x |
Deribit NEAR_USDC-PERPETUAL
HTX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $110.29
- Price spread: +0.326% → +0.181%
- $14.53
- Slippage, 4 orders
- −$29.4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $76.42
- Costs to cover
- 0.484%
- Break-even
- 2.1 days
Slippage from Deribit: live order book, 2 min ago; HTX: live order book, 2 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, 2 min ago | 5.72 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 2 min ago | 6.99 bp | 14.7 bp −$15 | 42.9 bp −$429 | 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 | 4.2713 | −0.412% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.2837 | −0.124% | $2.2M | $13.1M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −3.451% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2631 | −0.603% | $111K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2675 | −0.501% | $464K | $18.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2800 | −0.210% | $207K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0047% | 1h | 4.2875 | −0.034% | $7.8M | $36.2M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2730 | −0.373% | $106K | $489K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2602 | −0.672% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2867 | −0.053% | $3.0M | $5.6M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.2646 | −0.569% | $397K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2863 | −0.062% | $248.8M | $1.06B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2860 | −0.070% | $220.2M | $420.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2860 | −0.070% | $60.1M | $283.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2630 | −0.606% | $196K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2317 | −1.336% | $241K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2879 | −0.026% | $30.2M | $59.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2860 | −0.070% | $84.1M | $145.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2860 | −0.070% | $56.2M | $43.3M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2864 | −0.061% | $71.2M | $125.7M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2850 | −0.093% | — | $137.0M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2299 | −1.377% | $7.9M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2295 | −1.388% | $247K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2644 | −0.574% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2620 | −0.630% | $178K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2766 | −0.289% | $232K | $3.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2826 | −0.149% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2830 | −0.140% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2840 | −0.117% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2840 | −0.117% | $3.9M | $8.1M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2842 | −0.111% | $4.0M | $14.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2837 | −0.122% | $206K | $62K | 3x | as long as short |
| 01 Exchange NEARUSD | +0.0144% | 1h | 4.2662 | −0.532% | $13K | $7K | 10x | as long as short |
| Lighter RH NEAR | +0.0160% | 1h | 4.2890 | 0.000% | $1.5M | $7.0M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2850 | −0.093% | $12.6M | $32.6M | 75x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.2651 | −0.557% | $411K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0390% / S −0.0335% | 1h | 4.2789 | −0.236% | $292K | — | 100x | as long as short |
| Deribit NEAR_USDC-PERPETUALlong | +0.0403% | 1h | 4.2890 | long leg | $1.9M | $2.3M | 25x | |
| Nado NEAR-PERP | +0.0479% | 1h | 4.2715 | −0.408% | $1.9M | $3.5M | 10x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.2682 | −0.485% | $1.8M | $2.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0549% | 1h | 4.2896 | +0.014% | $1.3M | $5.5M | 20x | as long as short |
| Hyperliquid NEAR | +0.0622% | 1h | 4.2954 | +0.149% | $369.9M | $295.9M | 10x | as long as short |
| HTX NEAR-USDTshort | +0.0928% | 8h | 4.3030 | +0.326% | $463K | $3.6M | 75x | |
| Aftermath Perps NEARUSD | +0.0978% | 1h | 4.2463 | −0.996% | $5K | $11K | 10x | as long as short |
| Lighter NEAR | +0.0992% | 1h | 4.2956 | +0.154% | $16.5M | $23.8M | 15x | as long as short |
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
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
01 Exchange NEARUSD
Lighter RH NEAR
BloFin NEAR-USDT
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Phoenix NEAR
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Aftermath Perps NEARUSD
Lighter NEAR