Funding you earn now, next payment 10:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.019%
Price spread now: Kraken Futures against HTX−0.413%7-day average −0.207% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$600.600% of the position
Funding, last 7 days−0.387%−$39 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.413%, 7d avg −0.207%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Kraken Futures is 0.206% cheaper against HTX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.207%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NEAR-USDT | 4.5220 | 0.0100 | pay 0.0100% / 8h | 6h 18m | $469K | $3.9M | 75x |
| Short | Kraken Futures PF_NEARUSD | 4.5033 | −0.0140 | pay 0.0018% / 1h | 18m 03s | $7.4M | $38.1M | 50x |
HTX NEAR-USDT
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$50.48
- Price spread: −0.413% → −0.207%
- −$20.58
- Slippage, 4 orders
- −$38.01
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$131.07
- Costs to cover
- 0.600%
- Break-even
- never at this rate
Slippage from HTX: live order book, 4 min ago; Kraken Futures: live order book, 4 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, 4 min ago | 5.50 bp | 18.1 bp −$18 | 43.1 bp −$431 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 2.53 bp | 20.8 bp −$21 | 27.6 bp −$276 | 55.3 bp −$5,526 | doesn't fit |
NEAR on 45 exchanges
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 | 4.5141 | −0.176% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSDshort | −0.0140% | 1h | 4.5033 | −0.413% | $7.4M | $38.1M | 50x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5206 | −0.032% | $111K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5132 | −0.195% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.425% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5210 | −0.022% | $124K | $522K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5044 | −0.390% | $2.7M | $4.8M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5047 | −0.383% | $274.1M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5041 | −0.396% | $234.6M | $432.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5030 | −0.420% | $64.4M | $310.1M | 50x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.5240 | +0.044% | $233K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5400 | +0.398% | $271K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5020 | −0.442% | $39.8M | $63.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5060 | −0.354% | $78.0M | $171.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5080 | −0.310% | $53.4M | $45.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5001 | −0.484% | $74.6M | $130.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.5040 | −0.398% | — | $78.3M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5256 | +0.079% | $9.5M | $17.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5302 | +0.182% | $268K | $869K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5423 | +0.449% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5280 | +0.133% | $169K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5181 | −0.086% | $284K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5063 | −0.347% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5270 | +0.111% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5060 | −0.354% | $5K | $42K | 10x | as long as short |
| HTX NEAR-USDTlong | +0.0100% | 8h | 4.5220 | long leg | $469K | $3.9M | 75x | |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5020 | −0.442% | $3.4M | $8.0M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0103% | 8h | 4.5139 | −0.179% | $33K | $51 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5051 | −0.373% | $3.8M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5055 | −0.365% | $209K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0109% | 8h | 4.5218 | −0.004% | $824K | $26.3M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0160% | 1h | 4.5225 | +0.011% | $13K | $5K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5120 | −0.221% | $13.0M | $33.0M | 75x | as long as short |
| Hyperliquid NEAR | +0.0281% | 1h | 4.5066 | −0.341% | $363.7M | $324.1M | 10x | as long as short |
| Lighter NEAR | +0.0304% | 1h | 4.5078 | −0.313% | $17.6M | $23.8M | 15x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0342% / S −0.0235% | 1h | 4.5136 | −0.187% | $260K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0430% | 1h | 4.5170 | −0.110% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5194 | −0.057% | $2.3M | $17.8M | 50x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5227 | +0.016% | $646K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0571% | 1h | 4.5092 | −0.283% | $1.9M | $13.1M | 25x | as long as short |
| Lighter RH NEAR | +0.0616% | 1h | 4.5089 | −0.290% | $1.6M | $6.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0721% | 1h | 4.5065 | −0.343% | $1.1M | $7.0M | 20x | as long as short |
| Phoenix NEAR | +0.0851% | 1h | 4.5306 | +0.190% | $1.7M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.5177 | −0.095% | $419K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1169% | 1h | 4.5245 | +0.055% | $6K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
Hyperliquid NEAR
Lighter NEAR
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD