Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.072%
Price spread now: ApeX Omni against Kraken Futures−0.267%75s7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)+0.476%+$48 · spread now −0.267%, 7d avg +0.039%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.306% cheaper against Kraken Futures than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.039%). Swap the legs. The two prices were read 75 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 | Kraken Futures PF_NEARUSD | 4.2804 | 0.0118 | pay 0.0015% / 1h | 17m 39s | $7.6M | $37.6M | 50x |
| Short | ApeX Omni NEARUSDT | 4.2690 | 0.0100 | get 0.0013% / 1h | 17m 39s | $178K | $791K | 50x |
Kraken Futures PF_NEARUSD
ApeX Omni NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- −$3.87
- Price spread: −0.267% → +0.039%
- −$30.62
- Slippage, 4 orders
- −$49.31
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$103.8
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; ApeX Omni: live order book, 61 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 Kraken Futures live order book, 1 min ago | 8.64 bp | 22.5 bp −$23 | 29.1 bp −$291 | 61.1 bp −$6,110 | 5448.2 bp −$2.72M |
| Sell ApeX Omni live order book, 61 min ago | 8.29 bp | 16.1 bp −$16 | 93.2 bp −$932 | doesn't fit | 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 | 4.2747 | −0.134% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2766 | −0.089% | $2.2M | $13.1M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2734 | −0.165% | $111K | $62K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2739 | −0.152% | $350K | $18.8M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2772 | −0.075% | $202K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.257% | $578 | $302K | 12x | as long as short |
| Bybit NEARUSDT | +0.0054% | 8h | 4.2701 | −0.241% | $217.8M | $422.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0056% | 8h | 4.2869 | +0.152% | $7.9M | $18.5M | — | as long as short |
| 01 Exchange NEARUSD | +0.0080% | 1h | 4.2782 | −0.052% | $13K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2770 | −0.080% | $109K | $495K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Bybit NEARUSDT
Variational Omni NEAR
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2787 | −0.040% | $57K | $194K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2715 | −0.208% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2823 | +0.044% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2758 | −0.107% | $400K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2754 | −0.118% | $252.8M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2720 | −0.197% | $60.8M | $285.9M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2730 | −0.173% | $196K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2950 | +0.340% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2759 | −0.106% | $30.7M | $60.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2740 | −0.150% | $77.7M | $142.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2740 | −0.150% | $55.8M | $43.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2715 | −0.209% | $70.9M | $126.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2760 | −0.103% | — | $140.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2658 | −0.342% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2722 | −0.193% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDTshort | +0.0100% | 1h | 4.2690 | −0.267% | $178K | $791K | 50x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2784 | −0.047% | $202K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2810 | +0.013% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2769 | −0.082% | $4K | $54K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2780 | −0.057% | $3.8M | $8.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2753 | −0.119% | $3.9M | $16.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2765 | −0.092% | $202K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSDlong | +0.0118% | 1h | 4.2804 | long leg | $7.6M | $37.6M | 50x | |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2810 | +0.013% | $13.0M | $29.4M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0241% | 1h | 4.2802 | −0.005% | $1.9M | $2.5M | 25x | as long as short |
| Lighter RH NEAR | +0.0336% | 1h | 4.2781 | −0.054% | $1.5M | $7.1M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0314% | 1h | 4.2771 | −0.077% | $274K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2791 | −0.031% | $417K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0455% | 1h | 4.2823 | +0.044% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2939 | +0.315% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0677% | 1h | 4.2736 | −0.158% | $1.9M | $3.4M | 10x | as long as short |
| Hyperliquid NEAR | +0.0707% | 1h | 4.2812 | +0.018% | $366.5M | $299.7M | 10x | as long as short |
| HTX NEAR-USDT | +0.0791% | 8h | 4.2870 | +0.154% | $458K | $3.7M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1152% | 1h | 4.2827 | +0.054% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1656% | 1h | 4.2861 | +0.132% | $16.5M | $23.9M | 15x | as long as short |
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-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Nado NEAR-PERP
Hyperliquid NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR