Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against GRVT+0.140%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$400.398% of the position
Funding, last 7 days+0.195%+$19 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.140%, 7d avg +0.056%
=Together, before fees−0.002%+ Points / potential airdropGRVT: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.084% dearer against GRVT than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NEAR_USDT_Perp | 4.2790 | 0.0100 | pay 0.0100% / 8h | 2h 52m | $1.4M | $1.5M | 10x |
| Short | BloFin NEAR-USDT | 4.2850 | 0.0220 | get 0.0220% / 8h | 2h 52m | $13.4M | $31.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- $25.2
- Price spread: +0.140% → +0.056%
- $8.43
- Slippage, 4 orders
- −$18.77
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.14
- Costs to cover
- 0.398%
- Break-even
- 8.7 days
Slippage from GRVT: live order book, 1 min ago; BloFin: live order book, 7 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 GRVT live order book, 1 min ago | 1.17 bp | 13.2 bp −$13 | 35.4 bp −$354 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 3.50 bp | 9.5 bp −$9 | 13.0 bp −$130 | 26.3 bp −$2,633 | 63.4 bp −$31.7K |
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 | 4.2824 | +0.080% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2825 | +0.081% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2823 | +0.076% | $160K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.225% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2860 | +0.164% | $111K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2920 | +0.304% | $261.7M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2880 | +0.210% | $212.6M | $426.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2900 | +0.257% | $60.4M | $286.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2835 | +0.106% | $244K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2821 | +0.072% | $31.9M | $59.5M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2930 | +0.327% | $70.8M | $142.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2900 | +0.257% | $53.1M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2871 | +0.189% | $70.9M | $127.9M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2880 | +0.210% | — | $144.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2828 | +0.088% | $8.1M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2849 | +0.137% | $250K | $948K | 20x | as long as short |
| GRVT NEAR_USDT_Perplong | +0.0100% | 8h | 4.2790 | long leg | $1.4M | $1.5M | 10x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2866 | +0.178% | $273K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2893 | +0.241% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2940 | +0.351% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2910 | +0.280% | $459K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2890 | +0.234% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2858 | +0.160% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2871 | +0.188% | $199K | $37K | 3x | as long as short |
| BloFin NEAR-USDTshort | +0.0220% | 8h | 4.2850 | +0.140% | $13.4M | $31.6M | 75x | |
| Nado NEAR-PERP | +0.0228% | 1h | 4.2850 | +0.140% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.2865 | +0.175% | $2.3M | $15.8M | 50x | as long as short |
| Kalshi KXNEARPERP | +0.0271% | 8h | 4.2855 | +0.152% | $828K | $24.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0195% | 1h | 4.2802 | +0.029% | $230K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0333% | 8h | 4.2900 | +0.257% | $2.8M | $5.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0512% | 1h | 4.2863 | +0.172% | $3.7M | $19.9M | 25x | as long as short |
| ApeX Omni NEARUSDT | +0.0512% | 1h | 4.2830 | +0.093% | $165K | $793K | 50x | as long as short |
| SoDEX NEAR-USD | +0.0631% | 1h | 4.2875 | +0.199% | $6K | $53K | 10x | as long as short |
| Hyperliquid NEAR | +0.0644% | 1h | 4.2890 | +0.235% | $350.2M | $311.1M | 10x | as long as short |
| Lighter NEAR | +0.0656% | 1h | 4.2933 | +0.333% | $16.8M | $25.0M | 15x | as long as short |
| 01 Exchange NEARUSD | +0.0664% | 1h | 4.2937 | +0.344% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0686% | 1h | 4.2907 | +0.273% | $1.3M | $6.8M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0738% | 1h | 4.2876 | +0.201% | $7.6M | $38.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.2910 | +0.280% | $210K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.2891 | +0.236% | $394K | $1.3M | 10x | as long as short |
| Lighter RH NEAR | +0.0864% | 1h | 4.2932 | +0.332% | $1.5M | $7.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1010% | 1h | 4.2911 | +0.283% | $1.9M | $10.6M | 25x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.2873 | +0.194% | $1.8M | $2.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.2895 | +0.246% | $676K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1468% | 1h | 4.2880 | +0.210% | $5K | $12K | 10x | as long as short |
GRVT NEAR_USDT_Perp
BloFin NEAR-USDT
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Extended NEAR-USD
ApeX Omni NEARUSDT
SoDEX NEAR-USD
Hyperliquid NEAR
Lighter NEAR
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Pacifica NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD