Funding you earn now, next payment 03:00 UTC−0.0593%/8h= −64.9% APRpaid last 24h −0.084%
Price spread now: edgeX against Kraken Futures+1.194%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs+$61as in the Price arb table
costs, in and out, $10k−$620.620% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 4 days (all we have)−1.487%−$149 · spread now +1.194%, 7d avg −0.037%
=Together, before fees−1.631%+ Points / potential airdropedgeX: Active · farm board−$163 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 1.231% dearer against Kraken Futures than usual: you sell high and buy low (spread +1.194% now, against its 7-day average of −0.037%): +$123 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 6.9 days. At the pace of the last 7 days (−0.144% in total) that is about 60 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.144% in total (about -7.5% 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 | 4.4463 | 0.0693 | pay 0.0087% / 1h | 5m 07s | $8.2M | $41.3M | 50x |
| Short | edgeX NEARUSDC | 4.4994 | 0.0100 | get 0.0050% / 4h | 1h 05m | $270K | $977K | 20x |
Kraken Futures PF_NEARUSD
edgeX NEARUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$124.51
- Price spread: +1.194% → −0.037%
- $123.15
- Slippage, 4 orders
- −$42.96
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$63.32
- Costs to cover
- 0.620%
- Break-even
- from the start
Slippage from Kraken Futures: live order book, 4 min ago; edgeX: live order book, 39 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 | 10.60 bp | 15.7 bp −$16 | 21.2 bp −$212 | 50.9 bp −$5,085 | 6773.2 bp −$3.39M |
| Sell edgeX live order book, 39 min ago | 7.95 bp | 13.4 bp −$13 | 32.0 bp −$320 | 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 | 4.4413 | −0.113% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4462 | −0.003% | $2.2M | $15.4M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4480 | +0.037% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4580 | +0.263% | $584K | $21.8M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4439 | −0.055% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.867% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4500 | +0.083% | $113K | $513K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4503 | +0.090% | $425K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4480 | +0.038% | $273.0M | $1.12B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4431 | −0.073% | $222.7M | $428.9M | 75x | 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
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4470 | +0.015% | $63.5M | $304.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5467 | +2.256% | $259K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4457 | −0.014% | $32.3M | $65.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4480 | +0.038% | $75.5M | $150.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4500 | +0.083% | $55.1M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4461 | −0.005% | $73.3M | $131.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4480 | +0.038% | — | $147.0M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4486 | +0.052% | $8.6M | $18.2M | — | as long as short |
| edgeX NEARUSDCshort | +0.0100% | 4h | 4.4994 | +1.194% | $270K | $977K | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5311 | +1.907% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5320 | +1.927% | $174K | $797K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4499 | +0.080% | $257K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4448 | −0.034% | $57K | $237K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4530 | +0.150% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4425 | −0.086% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4490 | +0.060% | $461K | $4.1M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4500 | +0.083% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4433 | −0.067% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4465 | +0.004% | $207K | $40K | 3x | as long as short |
| Extended NEAR-USD | +0.0200% | 1h | 4.4424 | −0.088% | $4.0M | $19.4M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4500 | +0.083% | $14.0M | $33.4M | 75x | as long as short |
| Aster NEARUSDT | +0.0284% | 8h | 4.4453 | −0.022% | $3.1M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0235% | 1h | 4.4423 | −0.090% | $266K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0384% | 1h | 4.4512 | +0.110% | $13K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0403% | 1h | 4.4459 | −0.010% | $1.9M | $4.5M | 25x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4560 | +0.218% | $215K | $1.8M | 10x | as long as short |
| Nado NEAR-PERP | +0.0480% | 1h | 4.4450 | −0.030% | $1.9M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0536% | 1h | 4.4509 | +0.103% | $1.4M | $6.7M | 20x | as long as short |
| Kraken Futures PF_NEARUSDlong | +0.0693% | 1h | 4.4463 | long leg | $8.2M | $41.3M | 50x | |
| Lighter RH NEAR | +0.0696% | 1h | 4.4505 | +0.094% | $1.6M | $7.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0768% | 1h | 4.4525 | +0.139% | $370.1M | $325.6M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.5453 | +2.226% | $1.9M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4543 | +0.179% | $570K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.1120% | 1h | 4.4525 | +0.138% | $17.9M | $27.1M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1651% | 1h | 4.5085 | +1.398% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Extended NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Deribit NEAR_USDC-PERPETUAL
Arcus NEAR-USD
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Lighter RH NEAR
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD