Funding you earn now, next payment 04:00 UTC−0.0312%/8h= −34.2% APRnext payment −$0.39 per $10,000 · paid last 24h −0.026%
Price spread now: dYdX against Extended+0.015%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1961.965% of the position
Funding, last 7 days−0.185%−$19 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.015%, 7d avg +0.047%
=Together, before fees−0.160%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and dYdX is 0.033% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.39 per $10,000. 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 | Extended NEAR-USD | 4.4016 | 0.0312 | pay 0.0039% / 1h | 24m 12s | $3.9M | $19.7M | 25x |
| Short | dYdX NEAR-USD | 4.4022 | 0 | get 0.0000% / 1h | 24m 12s | $109K | $70K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Extended. 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
- −$65.52
- Price spread: +0.015% → +0.047%
- −$3.26
- Slippage, 4 orders
- −$181.47
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$265.25
- Costs to cover
- 1.965%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; dYdX: live order book, 35 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 Extended live order book, 5 min ago | 4.11 bp | 7.8 bp −$8 | 10.4 bp −$104 | 949.4 bp −$94.9K | doesn't fit |
| Sell dYdX live order book, 35 min ago | 84.80 bp | 91.0 bp −$91 | 134.1 bp −$1,341 | 138.4 bp −$13.8K | 159.1 bp −$79.6K |
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 | 4.4062 | +0.105% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4046 | +0.069% | $2.3M | $15.4M | 50x | as long as short |
| dYdX NEAR-USDshort | 0.0000% | 1h | 4.4022 | +0.015% | $109K | $70K | 10x | |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4084 | +0.155% | $587K | $22.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4039 | +0.053% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.920% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4090 | +0.169% | $113K | $517K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4087 | +0.163% | $421K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4110 | +0.214% | $270.8M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4080 | +0.146% | $221.6M | $424.1M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4070 | +0.123% | $62.6M | $299.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4098 | +0.187% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4057 | +0.094% | $32.0M | $63.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4090 | +0.169% | $74.3M | $149.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4070 | +0.123% | $54.8M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4125 | +0.248% | $72.5M | $130.4M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4060 | +0.101% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3777 | −0.543% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3892 | −0.282% | $263K | $976K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3860 | −0.354% | $1.4M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3820 | −0.445% | $168K | $801K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4113 | +0.221% | $234K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4063 | +0.107% | $56K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4180 | +0.373% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4065 | +0.112% | $8K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4180 | +0.373% | $458K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4100 | +0.192% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4018 | +0.005% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4088 | +0.165% | $205K | $40K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4040 | +0.055% | $13.9M | $32.8M | 75x | as long as short |
| Hyperliquid NEAR | +0.0260% | 1h | 4.4132 | +0.264% | $363.9M | $324.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0271% | 1h | 4.4080 | +0.146% | $1.3M | $6.5M | 20x | as long as short |
| Aster NEARUSDT | +0.0291% | 8h | 4.4120 | +0.237% | $3.0M | $5.6M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0304% | 1h | 4.4151 | +0.307% | $13K | $7K | 10x | as long as short |
| Extended NEAR-USDlong | +0.0312% | 1h | 4.4016 | long leg | $3.9M | $19.7M | 25x | |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0191% | 1h | 4.4038 | +0.052% | $232K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0532% | 1h | 4.4085 | +0.157% | $1.9M | $3.1M | 10x | as long as short |
| Lighter RH NEAR | +0.0568% | 1h | 4.4130 | +0.260% | $1.5M | $7.2M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4150 | +0.305% | $218K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0589% | 1h | 4.4099 | +0.188% | $8.1M | $39.8M | 50x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.3965 | −0.115% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0795% | 1h | 4.4080 | +0.146% | $2.0M | $7.3M | 25x | as long as short |
| Lighter NEAR | +0.0896% | 1h | 4.4122 | +0.241% | $17.8M | $26.5M | 15x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4144 | +0.292% | $585K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1512% | 1h | 4.4047 | +0.071% | $5K | $12K | 10x | as long as short |
Extended NEAR-USD
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
BloFin NEAR-USDT
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aster NEARUSDT
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Kraken Futures PF_NEARUSD
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD