Funding you earn now, next payment 04:00 UTC−0.0210%/8h= −23.0% APRnext payment −$0.26 per $10,000 · paid last 24h −0.095%
Price spread now: Extended against Kraken Futures−0.146%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days−0.172%−$17 on $10k
+Price spread, last 4 days (all we have)−0.489%−$49 · spread now −0.146%, 7d avg −0.087%
=Together, before fees−0.660%+ Points / potential airdropExtended: Active · farm board−$66 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.058% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.087%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NEARUSD | 4.4302 | 0.0586 | pay 0.0073% / 1h | 19m 07s | $8.2M | $39.7M | 50x |
| Short | Extended NEAR-USD | 4.4238 | 0.0376 | get 0.0047% / 1h | 19m 07s | $3.9M | $19.7M | 25x |
Kraken Futures PF_NEARUSD
Extended NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$44.14
- Price spread: −0.146% → −0.087%
- −$5.84
- Slippage, 4 orders
- −$30.37
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$95.35
- Costs to cover
- 0.454%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago | 10.88 bp | 17.6 bp −$18 | 24.4 bp −$244 | 52.5 bp −$5,248 | 5808.0 bp −$2.90M |
| Sell Extended live order book, 5 min ago | 0.57 bp | 4.5 bp −$5 | 12.1 bp −$121 | 1104.9 bp −$110.5K | 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 | 4.4171 | −0.298% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4146 | −0.353% | $2.3M | $15.4M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4149 | −0.346% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4191 | −0.251% | $596K | $22.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4229 | −0.166% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.529% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4180 | −0.276% | $113K | $518K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4180 | −0.275% | $420K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4310 | +0.017% | $272.1M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4235 | −0.152% | $222.5M | $424.6M | 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 | 4.4230 | −0.163% | $63.0M | $300.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4098 | −0.461% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4257 | −0.102% | $32.2M | $64.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4250 | −0.118% | $74.6M | $149.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4280 | −0.051% | $54.8M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4246 | −0.127% | $72.6M | $130.5M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4260 | −0.096% | — | $147.5M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4057 | −0.554% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4206 | −0.218% | $265K | $977K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4210 | −0.209% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4130 | −0.389% | $170K | $802K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4214 | −0.199% | $249K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4243 | −0.134% | $57K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4270 | −0.073% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4340 | +0.085% | $459K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4300 | −0.005% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4141 | −0.364% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4290 | −0.028% | $206K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0143% | 1h | 4.4255 | −0.107% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4310 | +0.017% | $13.8M | $33.0M | 75x | as long as short |
| Aster NEARUSDT | +0.0305% | 8h | 4.4243 | −0.134% | $3.0M | $5.5M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0309% | 1h | 4.4296 | −0.014% | $1.4M | $6.5M | 20x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0321% / S −0.0190% | 1h | 4.4227 | −0.171% | $234K | — | 100x | as long as short |
| Hyperliquid NEAR | +0.0325% | 1h | 4.4326 | +0.053% | $365.6M | $324.6M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0328% | 1h | 4.4232 | −0.159% | $13K | $7K | 10x | as long as short |
| Extended NEAR-USDshort | +0.0376% | 1h | 4.4238 | −0.146% | $3.9M | $19.7M | 25x | |
| Nado NEAR-PERP | +0.0536% | 1h | 4.4182 | −0.271% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4190 | −0.254% | $219K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSDlong | +0.0586% | 1h | 4.4302 | long leg | $8.2M | $39.7M | 50x | |
| Lighter RH NEAR | +0.0624% | 1h | 4.4331 | +0.065% | $1.5M | $7.2M | 10x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4289 | −0.030% | $1.8M | $2.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4192 | −0.250% | $592K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0944% | 1h | 4.4350 | +0.108% | $17.9M | $26.5M | 15x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1084% | 1h | 4.4281 | −0.048% | $2.0M | $7.3M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1537% | 1h | 4.4152 | −0.338% | $5K | $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
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
SoDEX NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
Backpack NEAR_USDC_PERP
GMX NEAR/USD [ETH-USDC]
Hyperliquid NEAR
01 Exchange NEARUSD
Nado NEAR-PERP
Arcus NEAR-USD
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD