Funding you earn now, next payment 01:00 UTC+0.0352%/8h= +38.5% APRpaid last 24h −0.041%
Price spread now: BloFin against Kraken Futures−0.008%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now −0.008%, 7d avg −0.029%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.021% dearer against Kraken Futures than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.029%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.6% a year). A funding rate is set anew for every payment. 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 | Kraken Futures PF_NEARUSD | 4.2773 | −0.0132 | get 0.0016% / 1h | 27m 15s | $7.2M | $37.3M | 50x |
| Short | BloFin NEAR-USDT | 4.2770 | 0.0220 | get 0.0220% / 8h | 7h 27m | $12.9M | $28.1M | 75x |
Kraken Futures PF_NEARUSD
BloFin NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $73.82
- Price spread: −0.008% → −0.029%
- $2.08
- Slippage, 4 orders
- −$20.93
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $32.97
- Costs to cover
- 0.429%
- Break-even
- 3.9 days
Slippage from Kraken Futures: live order book, 2 min ago; BloFin: 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, 2 min ago | 4.32 bp | 9.6 bp −$10 | 13.2 bp −$132 | 45.5 bp −$4,545 | 4202.0 bp −$2.10M |
| Sell BloFin live order book, 7 min ago | 2.37 bp | 8.4 bp −$8 | 17.6 bp −$176 | 49.3 bp −$4,926 | 142.4 bp −$71.2K |
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 | 4.2749 | −0.056% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSDlong | −0.0132% | 1h | 4.2773 | long leg | $7.2M | $37.3M | 50x | |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2797 | +0.055% | $2.2M | $12.9M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0024% | 1h | 4.2827 | +0.125% | $13K | $7K | 10x | as long as short |
| Variational Omni NEAR | −0.0005% | 8h | 4.2608 | −0.386% | $8.0M | $18.7M | — | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2810 | +0.085% | $111K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2829 | +0.130% | $401K | $18.5M | 2.2x | as long as short |
| Bybit NEARUSDT | +0.0003% | 8h | 4.2755 | −0.043% | $216.2M | $416.0M | 75x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2772 | −0.004% | $203K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.187% | $578 | $302K | 12x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Variational Omni NEAR
dYdX NEAR-USD
Kalshi KXNEARPERP
Bybit NEARUSDT
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0061% | 8h | 4.2773 | −0.001% | $30.7M | $59.5M | 75x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2830 | +0.132% | $114K | $482K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.2775 | +0.004% | $57K | $191K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2806 | +0.077% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2840 | +0.156% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2808 | +0.080% | $396K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2751 | −0.052% | $253.1M | $1.06B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2740 | −0.078% | $60.1M | $277.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2840 | +0.156% | $196K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2789 | +0.037% | $244K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2780 | +0.015% | $76.7M | $140.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2800 | +0.062% | $56.2M | $42.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2748 | −0.059% | $70.8M | $124.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2760 | −0.031% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2763 | −0.025% | $255K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2603 | −0.399% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2810 | +0.086% | $179K | $782K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2824 | +0.118% | $206K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2830 | +0.132% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2780 | +0.015% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2890 | +0.273% | $457K | $3.6M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2750 | −0.055% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2747 | −0.061% | $3.8M | $16.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2764 | −0.022% | $199K | $28K | 3x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0124% | 1h | 4.2786 | +0.029% | $1.9M | $3.4M | 25x | as long as short |
| Hyperliquid NEAR | +0.0151% | 1h | 4.2859 | +0.201% | $359.5M | $305.0M | 10x | as long as short |
| BloFin NEAR-USDTshort | +0.0220% | 8h | 4.2770 | −0.008% | $12.9M | $28.1M | 75x | |
| Lighter RH NEAR | +0.0368% | 1h | 4.2809 | +0.083% | $1.6M | $6.9M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0372% / S −0.0306% | 1h | 4.2763 | −0.024% | $272K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0412% | 1h | 4.2921 | +0.345% | $1.3M | $5.9M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2848 | +0.174% | $406K | $1.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0472% | 1h | 4.2763 | −0.025% | $1.9M | $3.2M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.2669 | −0.244% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1305% | 1h | 4.2691 | −0.194% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1888% | 1h | 4.2890 | +0.272% | $17.1M | $24.3M | 15x | as long as short |
Gate NEAR_USDT
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Nado NEAR-PERP
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR