Funding you earn now, next payment 00:00 UTC−0.0891%/8h= −97.6% APRnext payment −$8.91 per $10,000 · paid last 24h −0.068%
Price spread now: Bybit against HTX−0.384%7-day average −0.282% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days−0.562%−$56 on $10k
+Price spread, last 3 days (all we have)−0.148%−$15 · spread now −0.384%, 7d avg −0.282%
=Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Bybit is 0.103% cheaper against HTX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.282%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.562% in total (about -29.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.91 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 | HTX NEAR-USDT | 4.1630 | 0.0991 | pay 0.0991% / 8h | 1h 37m | $449K | $3.6M | 75x |
| Short | Bybit NEARUSDT | 4.1470 | 0.0100 | get 0.0100% / 8h | 1h 37m | $211.3M | $422.4M | 75x |
HTX NEAR-USDT
Bybit NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against HTX. 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
- −$187.21
- Price spread: −0.384% → −0.282%
- −$10.27
- Slippage, 4 orders
- −$26.36
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$246.84
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from HTX: live order book, 1 min ago; Bybit: live order book, 1 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 HTX live order book, 1 min ago | 6.01 bp | 15.0 bp −$15 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.21 bp | 9.2 bp −$9 | 13.9 bp −$139 | 33.5 bp −$3,354 | 146.7 bp −$73.4K |
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 | 4.1476 | −0.369% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.1450 | −0.432% | $2.1M | $12.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −0.528% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1461 | −0.406% | $106K | $56K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1483 | −0.353% | $408K | $18.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1497 | −0.319% | $205K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0049% | 1h | 4.1496 | −0.322% | $7.6M | $36.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0064% | 1h | 4.1497 | −0.319% | $12K | $7K | 10x | as long as short |
| Lighter RH NEAR | +0.0096% | 1h | 4.1513 | −0.281% | $1.4M | $6.9M | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1480 | −0.360% | $111K | $482K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Lighter RH NEAR
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1501 | −0.310% | $53K | $155K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1452 | −0.428% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1520 | −0.264% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1496 | −0.322% | $359K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1490 | −0.336% | $237.2M | $1.07B | 75x | as long as short |
| Bybit NEARUSDTshort | +0.0100% | 8h | 4.1470 | −0.384% | $211.3M | $422.4M | 75x | |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1470 | −0.384% | $56.9M | $274.1M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1500 | −0.312% | $307K | $1.6M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1500 | −0.312% | $236K | $4K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1486 | −0.346% | $29.7M | $57.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1490 | −0.336% | $81.7M | $141.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1500 | −0.312% | $54.7M | $44.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1484 | −0.351% | $68.9M | $125.5M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.1470 | −0.384% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1460 | −0.408% | $7.7M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1494 | −0.326% | $236K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1501 | −0.311% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1540 | −0.216% | $182K | $789K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1498 | −0.317% | $199K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1540 | −0.216% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1468 | −0.389% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1470 | −0.384% | $3.8M | $8.1M | 50x | as long as short |
| Lighter NEAR | +0.0104% | 1h | 4.1526 | −0.251% | $15.2M | $22.5M | 15x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1469 | −0.387% | $3.8M | $14.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1459 | −0.410% | $200K | $62K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1440 | −0.456% | $12.3M | $33.2M | 75x | as long as short |
| Hyperliquid NEAR | +0.0270% | 1h | 4.1534 | −0.231% | $349.5M | $297.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0280% | 1h | 4.1522 | −0.259% | $1.8M | $2.2M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.1503 | −0.304% | $409K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0379% / S −0.0327% | 1h | 4.1493 | −0.330% | $279K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0418% | 1h | 4.1518 | −0.269% | $1.2M | $5.7M | 20x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.1593 | −0.089% | $1.7M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0552% | 1h | 4.1471 | −0.382% | $1.8M | $3.5M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0863% | 1h | 4.1519 | −0.266% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDTlong | +0.0991% | 8h | 4.1630 | long leg | $449K | $3.6M | 75x |
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
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
Phemex NEARUSDT
Lighter NEAR
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Hyperliquid NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Phoenix NEAR
Nado NEAR-PERP
Aftermath Perps NEARUSD