Funding you earn now, next payment 08:00 UTC+0.0167%/8h= +18.3% APRpaid last 24h −0.113%
Price spread now: BingX against Kraken Futures+0.092%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days−0.280%−$28 on $10k
+Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.092%, 7d avg −0.056%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.148% dearer against Kraken Futures than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.056%. Mind the row above: over the last 7 days funding on this pair cost −0.280%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NEARUSD | 4.3530 | 0.0017 | pay 0.0002% / 1h | 20m 04s | $7.1M | $38.3M | 50x |
| Short | BingX NEAR-USDC | 4.3570 | 0.0184 | get 0.0184% / 8h | 20m 04s | — | $6.7M | — |
Kraken Futures PF_NEARUSD
BingX NEAR-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $35.16
- Price spread: +0.092% → −0.056%
- $14.82
- Slippage, 4 orders
- −$33.39
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$3.41
- Costs to cover
- 0.534%
- Break-even
- 7.7 days
Slippage from Kraken Futures: live order book, 4 min ago; BingX: 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 Kraken Futures live order book, 4 min ago | 7.95 bp | 14.3 bp −$14 | 15.5 bp −$155 | 40.5 bp −$4,052 | 5374.4 bp −$2.69M |
| Sell BingX live order book, 7 min ago | 1.15 bp | 11.8 bp −$12 | 28.2 bp −$282 | 74.6 bp −$7,456 | 490.4 bp −$245.2K |
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 | 4.3508 | −0.050% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3523 | −0.016% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3549 | +0.043% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSDlong | +0.0017% | 1h | 4.3530 | long leg | $7.1M | $38.3M | 50x | |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.870% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3520 | −0.022% | $114K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3567 | +0.086% | $220.0M | $428.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3560 | +0.069% | $61.1M | $294.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3196 | −0.767% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3560 | +0.069% | $35.6M | $62.7M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3550 | +0.046% | $52.7M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3562 | +0.074% | $72.1M | $127.8M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3517 | −0.028% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3412 | −0.271% | $252K | $899K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3235 | −0.677% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3430 | −0.229% | $166K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3538 | +0.019% | $278K | $4.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3550 | +0.046% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3580 | +0.115% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3548 | +0.042% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3550 | +0.046% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3493 | −0.085% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3554 | +0.057% | $3.6M | $16.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3570 | +0.093% | $203K | $38K | 3x | as long as short |
| HTX NEAR-USDT | +0.0146% | 8h | 4.3660 | +0.299% | $465K | $3.8M | 75x | as long as short |
| Aster NEARUSDT | +0.0154% | 8h | 4.3569 | +0.091% | $2.7M | $4.9M | 50x | as long as short |
| Hyperliquid NEAR | +0.0161% | 1h | 4.3586 | +0.129% | $351.3M | $315.5M | 10x | as long as short |
| Binance NEARUSDT | +0.0174% | 8h | 4.3578 | +0.110% | $263.9M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0176% | 8h | 4.3560 | +0.069% | $88.3M | $152.6M | 200x | as long as short |
| Kalshi KXNEARPERP | +0.0177% | 8h | 4.3545 | +0.035% | $967K | $25.0M | 2.2x | as long as short |
| BingX NEAR-USDCshort | +0.0184% | 8h | 4.3570 | +0.092% | — | $6.7M | — | |
| 01 Exchange NEARUSD | +0.0240% | 1h | 4.3528 | −0.004% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0296% | 8h | 4.3520 | −0.022% | $13.4M | $32.1M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0319% / S −0.0207% | 1h | 4.3548 | +0.042% | $235K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0391% | 1h | 4.3525 | −0.011% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0448% | 1h | 4.3599 | +0.159% | $1.0M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3573 | +0.099% | $2.3M | $16.9M | 50x | as long as short |
| Lighter RH NEAR | +0.0552% | 1h | 4.3611 | +0.187% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEAR | +0.0560% | 1h | 4.3611 | +0.186% | $17.2M | $25.3M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3520 | −0.022% | $229K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0692% | 1h | 4.3567 | +0.086% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3548 | +0.041% | $410K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3607 | +0.177% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3510 | −0.047% | $607K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1148% | 1h | 4.3385 | −0.333% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
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
HTX NEAR-USDT
Aster NEARUSDT
Hyperliquid NEAR
Binance NEARUSDT
MEXC NEAR_USDT
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD