Funding you earn now, next payment 05:00 UTC−0.1183%/8h= −129.5% APRnext payment −$1.48 per $10,000 · paid last 24h −0.155%
Price spread now: Reya against Deribit−0.097%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and Reya is 0.097% cheaper against Deribit than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NEAR_USDC-PERPETUAL | 4.3631 | 0.1012 | pay 0.0126% / 1h | 26m 28s | $1.9M | $9.0M | 25x |
| Short | Reya NEARRUSDPERP | 4.3589 | −0.0171 | pay 0.0021% / 1h | 26m 28s | $2K | — | 20x |
Deribit NEAR_USDC-PERPETUAL
Reya NEARRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$248.4
- Price spread: −0.097% → 0.000%
- −$9.7
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$271.09
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 3 min ago; Reya: no order-book sample. Net counts fees only.
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, 3 min ago | 3.10 bp | 6.6 bp −$7 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 NEARRUSDPERPshort | −0.0171% | 1h | 4.3589 | −0.097% | $2K | — | 20x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3565 | −0.151% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3588 | −0.099% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.090% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3642 | +0.025% | $2.4M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3600 | −0.071% | $110K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3627 | −0.009% | $267.4M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3588 | −0.099% | $215.8M | $428.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3590 | −0.094% | $61.9M | $293.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3412 | −0.502% | $247K | −$0 | 10x | as long as short |
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 | 4.3588 | −0.099% | $32.3M | $61.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3620 | −0.025% | $73.5M | $145.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3610 | −0.048% | $54.0M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3587 | −0.101% | $71.6M | $129.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3590 | −0.094% | — | $145.9M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3637 | +0.015% | $8.4M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3625 | −0.013% | $255K | $946K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3589 | −0.095% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3600 | −0.071% | $168K | $798K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3642 | +0.025% | $279K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3628 | −0.007% | $58K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3710 | +0.181% | $1K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3750 | +0.273% | $474K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3620 | −0.025% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3566 | −0.150% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3640 | +0.021% | $203K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3660 | +0.066% | $13.6M | $32.4M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3603 | −0.065% | $409K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0283% | 8h | 4.3585 | −0.105% | $783K | $23.3M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0326% / S −0.0203% | 1h | 4.3591 | −0.093% | $236K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0333% | 8h | 4.3620 | −0.025% | $2.9M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0380% | 1h | 4.3599 | −0.073% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0528% | 1h | 4.3642 | +0.025% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0566% | 1h | 4.3584 | −0.107% | $1.8M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0573% | 1h | 4.3651 | +0.046% | $1.3M | $6.7M | 20x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3630 | −0.002% | $214K | $1.6M | 10x | as long as short |
| Hyperliquid NEAR | +0.0644% | 1h | 4.3643 | +0.028% | $357.9M | $317.7M | 10x | as long as short |
| Extended NEAR-USD | +0.0656% | 1h | 4.3572 | −0.134% | $3.8M | $20.0M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0707% | 1h | 4.3606 | −0.058% | $7.7M | $39.3M | 50x | as long as short |
| Lighter RH NEAR | +0.0912% | 1h | 4.3657 | +0.060% | $1.5M | $7.4M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3666 | +0.080% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUALlong | +0.1012% | 1h | 4.3631 | long leg | $1.9M | $9.0M | 25x | |
| Lighter NEAR | +0.1120% | 1h | 4.3651 | +0.046% | $17.6M | $25.0M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3625 | −0.014% | $684K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1540% | 1h | 4.3549 | −0.188% | $5K | $12K | 10x | as long as short |
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
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
Backpack NEAR_USDC_PERP
Arcus NEAR-USD
Hyperliquid NEAR
Extended NEAR-USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD