Funding you earn now, next payment 23:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%
Price spread now: OKX against gTrade (Gains Network)+0.089%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2892.892% of the position
Funding, last 3 days (all we have)+0.086%+$9 on $10k
+Price spread, last 3 days (all we have)−0.290%−$29 · spread now +0.089%, 7d avg −0.034%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.123% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) NEAR/USD | 4.1313 | L +0.0004% / S −0.0004% | pay 0.0001% / 1h | 49m 34s | $205K | — | 150x |
| Short | OKX NEAR-USDT-SWAP | 4.1350 | 0.0100 | get 0.0100% / 8h | 1h 49m | $56.5M | $275.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against gTrade (Gains Network). 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
- $20.11
- Price spread: +0.089% → −0.034%
- $12.28
- Slippage, 4 orders
- −$269.17
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$256.78
- Costs to cover
- 2.892%
- Break-even
- 96.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 34 min ago; OKX: 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 gTrade (Gains Network) virtual book (oracle venue), 34 min ago | 130.02 bp | 135.0 bp −$135 | 875.9 bp −$8,759 | 9405.5 bp −$940.5K | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.21 bp | 8.0 bp −$8 | 18.3 bp −$183 | 35.4 bp −$3,536 | 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 | 4.1334 | +0.050% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.1449 | +0.328% | $2.1M | $12.7M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | +0.234% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1365 | +0.125% | $106K | $56K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1332 | +0.045% | $433K | $18.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USDlong | L +0.0004% / S −0.0004% | 1h | 4.1313 | long leg | $205K | — | 150x | |
| Kraken Futures PF_NEARUSD | +0.0049% | 1h | 4.1360 | +0.113% | $7.5M | $36.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0064% | 1h | 4.1520 | +0.500% | $12K | $7K | 10x | as long as short |
| Lighter NEAR | +0.0096% | 1h | 4.1410 | +0.233% | $15.2M | $22.5M | 15x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1500 | +0.452% | $111K | $493K | 50x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.1350 | +0.089% | $53K | $157K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1353 | +0.096% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1389 | +0.183% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1365 | +0.125% | $348K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1350 | +0.089% | $235.8M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1332 | +0.045% | $210.9M | $425.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAPshort | +0.0100% | 8h | 4.1350 | +0.089% | $56.5M | $275.3M | 50x | |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1440 | +0.307% | $307K | $1.6M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1377 | +0.154% | $29.5M | $56.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1380 | +0.161% | $81.3M | $140.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1380 | +0.161% | $55.9M | $44.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1368 | +0.132% | $68.8M | $126.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.1370 | +0.137% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1461 | +0.359% | $7.7M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1473 | +0.386% | $236K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1340 | +0.065% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1240 | −0.177% | $181K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1398 | +0.205% | $198K | $3.2M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1560 | +0.597% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1335 | +0.053% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1340 | +0.065% | $3.8M | $8.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1450 | +0.331% | $236K | $4K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1359 | +0.110% | $3.8M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1345 | +0.077% | $199K | $62K | 3x | as long as short |
| Lighter RH NEAR | +0.0152% | 1h | 4.1399 | +0.207% | $1.4M | $6.9M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1480 | +0.404% | $12.2M | $33.5M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0234% | 1h | 4.1368 | +0.132% | $1.8M | $2.1M | 25x | as long as short |
| Hyperliquid NEAR | +0.0300% | 1h | 4.1406 | +0.224% | $348.0M | $298.0M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.1520 | +0.499% | $411K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0379% / S −0.0327% | 1h | 4.1332 | +0.045% | $278K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0465% | 1h | 4.1375 | +0.149% | $1.2M | $5.7M | 20x | as long as short |
| Nado NEAR-PERP | +0.0483% | 1h | 4.1380 | +0.161% | $1.8M | $3.6M | 10x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.1307 | −0.015% | $1.7M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0920% | 1h | 4.1394 | +0.196% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1020% | 8h | 4.1470 | +0.379% | $445K | $3.6M | 75x | as long as short |
gTrade (Gains Network) NEAR/USD
OKX NEAR-USDT-SWAP
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
Kalshi KXNEARPERP
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Lighter NEAR
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
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
Phemex NEARUSDT
Bulk NEAR-USD
Extended NEAR-USD
Lighter RH NEAR
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Phoenix NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT