Funding you earn now, next payment 00:00 UTC0.0000%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Orderly against GRVT−0.606%70s7-day average +0.052% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 3 days (all we have)+0.598%+$60 · spread now −0.606%, 7d avg +0.052%
=Together, before fees+0.553%+ Points / potential airdropGRVT: Active · farm board+$55 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.658% cheaper against GRVT than usual: you would sell low and buy high, −$66 on $10k if it goes back to its 7-day average of +0.052%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NEAR_USDT_Perp | 4.1420 | 0.0100 | pay 0.0100% / 8h | 2h 21m | $1.4M | $1.3M | 10x |
| Short | Orderly PERP_NEAR_USDC | 4.1169 | 0.0100 | get 0.0100% / 8h | 2h 21m | $53K | $159K | 20x |
GRVT NEAR_USDT_Perp
Orderly PERP_NEAR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$0.1
- Price spread: −0.606% → +0.052%
- −$65.84
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$80.94
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
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 | 2.43 bp | 13.4 bp −$13 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.1188 | −0.561% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0024% | 1h | 4.1282 | −0.333% | $2.1M | $12.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1213 | −0.499% | $104K | $54K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1211 | −0.505% | $411K | $19.0M | 2.2x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | 0.0000% | 1h | 4.1179 | −0.582% | $1.8M | $2.1M | 25x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1184 | −0.570% | $204K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −0.024% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1220 | −0.483% | $108K | $489K | 50x | as long as short |
| Orderly PERP_NEAR_USDCshort | +0.0100% | 8h | 4.1169 | −0.606% | $53K | $159K | 20x | |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1222 | −0.479% | $30K | $647 | 10x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
Deribit NEAR_USDC-PERPETUAL
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Paradex NEAR-USD-PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NEARUSDT | +0.0100% | 8h | 4.1183 | −0.573% | $2.9M | $5.9M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1230 | −0.459% | $365K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1190 | −0.555% | $234.5M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1180 | −0.579% | $209.5M | $428.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1180 | −0.579% | $56.2M | $275.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1550 | +0.314% | $237K | $6K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1156 | −0.637% | $29.3M | $58.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1170 | −0.604% | $80.8M | $144.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1180 | −0.579% | $55.6M | $45.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1202 | −0.526% | $68.5M | $127.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.1180 | −0.579% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1444 | +0.057% | $7.7M | $18.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1419 | −0.004% | $236K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perplong | +0.0100% | 8h | 4.1420 | long leg | $1.4M | $1.3M | 10x | |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1420 | 0.000% | $182K | $790K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1226 | −0.468% | $208K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1250 | −0.410% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1156 | −0.637% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1170 | −0.604% | $3.8M | $8.4M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1128 | −0.705% | $3.7M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1158 | −0.634% | $199K | $65K | 3x | as long as short |
| Arcus NEAR-USD | +0.0118% | 1h | 4.1250 | −0.410% | $306K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0151% | 1h | 4.1164 | −0.618% | $7.0M | $36.6M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0208% | 1h | 4.1238 | −0.439% | $12K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1330 | −0.217% | $12.2M | $33.7M | 75x | as long as short |
| Lighter RH NEAR | +0.0296% | 1h | 4.1210 | −0.507% | $1.4M | $7.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0361% | 1h | 4.1207 | −0.514% | $1.8M | $3.6M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0372% / S −0.0317% | 1h | 4.1202 | −0.527% | $272K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.1246 | −0.419% | $411K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0582% | 1h | 4.1398 | −0.053% | $1.7M | $2.8M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0770% | 1h | 4.1207 | −0.514% | $1.4M | $5.7M | 20x | as long as short |
| Lighter NEAR | +0.0840% | 1h | 4.1225 | −0.470% | $15.2M | $23.0M | 15x | as long as short |
| Hyperliquid NEAR | +0.0975% | 1h | 4.1219 | −0.485% | $346.0M | $299.5M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0997% | 1h | 4.1384 | −0.086% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1101% | 8h | 4.1330 | −0.217% | $444K | $3.7M | 75x | as long as short |
Aster 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
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
Nado NEAR-PERP
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Phoenix NEAR
Backpack NEAR_USDC_PERP
Lighter NEAR
Hyperliquid NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT