Settings8H · net · $10k
Funding arb · Price arb /

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0726%/8h= +79.5% APRpaid last 24h +0.094%
Price spread now: Deribit against edgeX+0.162%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$390.393% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.382%+$38 on $10k
Price spread, last 4 days (all we have)+0.124%+$12 · spread now +0.162%, 7d avg +0.083%
Together, before fees+0.506%+ Points / potential airdropedgeX: Active · farm board+$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Deribit is 0.079% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.083%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.382% in total (about 19.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.36510.0100pay 0.0050% / 4h3h 48m$253K$894K20x
ShortDeribit NEAR_USDC-PERPETUAL4.37220.0826get 0.0103% / 1h48m 56s$1.9M$13.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$152.46
Price spread: +0.162% → +0.083%
$7.91
Slippage, 4 orders
−$23.27
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$121.11
Costs to cover
0.393%
Break-even
1.4 days
Slippage from edgeX: live order book, 40 min ago; Deribit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 40 min ago8.05 bp13.7 bp −$1456.3 bp −$563doesn't fitdoesn't fit
Sell Deribit live order book, 5 min ago2.52 bp6.0 bp −$623.7 bp −$237doesn't fitdoesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0433%1h4.3642−0.021%$7.2M$38.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3615−0.083%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3653+0.003%$107K$67K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3670+0.043%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.134%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3670+0.043%$119K$503K50xas long as short
Hyperliquid NEAR+0.0100%1h4.3692+0.094%$351.9M$316.8M10xas long as short
Aster NEARUSDT+0.0100%8h4.3730+0.181%$2.7M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.3721+0.160%$220.6M$428.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3700+0.112%$61.7M$296.7M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.3720+0.158%$229K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3688+0.084%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.3721+0.160%$36.3M$61.7M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3750+0.227%$52.9M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3718+0.153%$72.2M$127.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.3688+0.084%$9.0M$18.3Mas long as short
edgeX NEARUSDClong+0.0100%4h4.3651long leg$253K$894K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3670+0.044%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3660+0.020%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3685+0.078%$273K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3690+0.089%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3720+0.158%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3645−0.014%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3680+0.066%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3583−0.155%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3717+0.150%$3.6M$16.0M25xas long as short
Aevo NEAR-PERP+0.0112%1h4.3673+0.051%$203K$40K3xas long as short
Binance NEARUSDT+0.0122%8h4.3740+0.204%$264.0M$1.09B75xas long as short
MEXC NEAR_USDT+0.0126%8h4.3730+0.181%$90.4M$153.2M200xas long as short
BingX NEAR-USDT+0.0133%8h4.3720+0.158%$83.2Mas long as short
Kalshi KXNEARPERP+0.0153%8h4.3671+0.046%$892K$25.2M2.2xas long as short
BloFin NEAR-USDT+0.0242%8h4.3640−0.025%$12.5M$32.2M75xas long as short
01 Exchange NEARUSD+0.0264%1h4.3709+0.133%$13K$7K10xas long as short
Nado NEAR-PERP+0.0329%1h4.3675+0.055%$1.7M$3.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0346% / S −0.0248%1h4.3665+0.033%$255K100xas long as short
Lighter RH NEAR+0.0376%1h4.3708+0.130%$1.5M$6.4M10xas long as short
HTX NEAR-USDT+0.0388%8h4.3790+0.318%$463K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3744+0.213%$2.3M$17.1M50xas long as short
Lighter NEAR+0.0544%1h4.3715+0.147%$17.2M$23.8M15xas long as short
Backpack NEAR_USDC_PERP+0.0551%1h4.3736+0.195%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.3699+0.109%$592K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.3596−0.125%$411K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3729+0.178%$1.8M$2.4M10xas long as short
Deribit NEAR_USDC-PERPETUALshort+0.0826%1h4.3722+0.162%$1.9M$13.1M25x
Aftermath Perps NEARUSD+0.1086%1h4.3667+0.036%$5K$7K10xas long as short