Funding you earn now, next payment 05:00 UTC+0.0609%/8h= +66.7% APRpaid last 24h +0.096%
Price spread now: Kraken Futures against edgeX−0.327%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$490.491% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.327%, 7d avg +0.035%
=Together, before fees+0.491%+ Points / potential airdropedgeX: Active · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.362% cheaper against edgeX than usual: you would sell low and buy high (spread −0.327% now, against its 7-day average of +0.035%). If the spread goes back, that is −$36 on $10k: about 48 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.162% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.5% 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 | edgeX NEARUSDC | 4.3622 | 0.0100 | pay 0.0050% / 4h | 3h 24m | $255K | $947K | 20x |
| Short | Kraken Futures PF_NEARUSD | 4.3479 | 0.0709 | get 0.0089% / 1h | 24m 36s | $7.6M | $39.3M | 50x |
edgeX NEARUSDC
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. 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
- $127.85
- Price spread: −0.327% → +0.035%
- −$36.19
- Slippage, 4 orders
- −$30.1
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $42.56
- Costs to cover
- 0.491%
- Break-even
- 4.7 days
Slippage from edgeX: live order book, 19 min ago; Kraken Futures: live order book, 5 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 edgeX live order book, 19 min ago | 6.91 bp | 11.9 bp −$12 | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 6.08 bp | 11.9 bp −$12 | 18.7 bp −$187 | 42.4 bp −$4,238 | 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 | 4.3438 | −0.422% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3466 | −0.358% | $107K | $69K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3478 | −0.329% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.071% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3638 | +0.037% | $2.4M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3440 | −0.417% | $110K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3492 | −0.299% | $266.5M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3453 | −0.387% | $215.0M | $428.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3450 | −0.394% | $61.6M | $291.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3412 | −0.481% | $247K | −$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 | 4.3466 | −0.357% | $32.2M | $61.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3510 | −0.256% | $73.3M | $145.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3520 | −0.233% | $53.9M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3451 | −0.392% | $71.4M | $128.6M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3470 | −0.348% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3627 | +0.012% | $8.4M | $17.9M | — | as long as short |
| edgeX NEARUSDClong | +0.0100% | 4h | 4.3622 | long leg | $255K | $947K | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3589 | −0.074% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3640 | +0.042% | $168K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3483 | −0.318% | $279K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3504 | −0.270% | $58K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3560 | −0.142% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3720 | +0.225% | $474K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3500 | −0.279% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3471 | −0.346% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3507 | −0.264% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3540 | −0.188% | $13.5M | $32.3M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3507 | −0.263% | $408K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0285% | 8h | 4.3552 | −0.160% | $783K | $23.3M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0326% / S −0.0203% | 1h | 4.3477 | −0.331% | $236K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0333% | 8h | 4.3470 | −0.348% | $2.9M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0373% | 1h | 4.3470 | −0.348% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0528% | 1h | 4.3499 | −0.282% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0576% | 1h | 4.3460 | −0.371% | $1.8M | $3.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0581% | 1h | 4.3504 | −0.270% | $1.3M | $6.7M | 20x | as long as short |
| Hyperliquid NEAR | +0.0627% | 1h | 4.3491 | −0.300% | $356.3M | $313.5M | 10x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3490 | −0.302% | $213K | $1.6M | 10x | as long as short |
| Extended NEAR-USD | +0.0648% | 1h | 4.3445 | −0.405% | $3.8M | $20.0M | 25x | as long as short |
| Kraken Futures PF_NEARUSDshort | +0.0709% | 1h | 4.3479 | −0.327% | $7.6M | $39.3M | 50x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0785% | 1h | 4.3513 | −0.250% | $1.9M | $9.0M | 25x | as long as short |
| Lighter RH NEAR | +0.0920% | 1h | 4.3540 | −0.188% | $1.5M | $7.4M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3721 | +0.227% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.1120% | 1h | 4.3547 | −0.171% | $17.5M | $25.0M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3483 | −0.319% | $690K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1534% | 1h | 4.3550 | −0.165% | $5K | $12K | 10x | as long as short |
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
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
Hyperliquid NEAR
Arcus NEAR-USD
Extended NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD