Funding you earn now, next payment 10:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h −0.116%
Price spread now: Gate against Kraken Futures+0.089%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$600.604% of the position
Funding, last 7 days−0.212%−$21 on $10k
+Price spread, last 4 days (all we have)−0.529%−$53 · spread now +0.089%, 7d avg −0.062%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.151% 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 −0.062%. Mind the row above: over the last 7 days funding on this pair cost −0.212%, 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 | 4.5097 | −0.0140 | get 0.0018% / 1h | 19m 22s | $7.4M | $38.1M | 50x |
| Short | Gate NEAR_USDT | 4.5137 | 0.0100 | get 0.0100% / 8h | 6h 19m | $39.8M | $63.3M | 75x |
Kraken Futures PF_NEARUSD
Gate NEAR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $50.44
- Price spread: +0.089% → −0.062%
- $15.07
- Slippage, 4 orders
- −$35.41
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $5.1
- Costs to cover
- 0.604%
- Break-even
- 6.3 days
Slippage from Kraken Futures: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 2.53 bp | 7.5 bp −$8 | 9.9 bp −$99 | 40.8 bp −$4,080 | 6346.3 bp −$3.17M |
| Sell Gate live order book, 3 min ago | 2.09 bp | 18.2 bp −$18 | 24.3 bp −$243 | 43.7 bp −$4,374 | 58.8 bp −$29.4K |
NEAR on 45 exchanges
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 | 4.5116 | +0.041% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSDlong | −0.0140% | 1h | 4.5097 | long leg | $7.4M | $38.1M | 50x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5145 | +0.107% | $111K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5132 | +0.078% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.176% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5180 | +0.184% | $124K | $522K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5158 | +0.136% | $2.7M | $4.8M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5180 | +0.184% | $274.9M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5160 | +0.140% | $235.3M | $433.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5130 | +0.073% | $64.5M | $310.6M | 50x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.5160 | +0.140% | $232K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5400 | +0.672% | $271K | $12K | 10x | as long as short |
| Gate NEAR_USDTshort | +0.0100% | 8h | 4.5137 | +0.089% | $39.8M | $63.3M | 75x | |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5160 | +0.140% | $78.4M | $171.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5190 | +0.206% | $53.6M | $45.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5114 | +0.038% | $74.8M | $130.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.5150 | +0.118% | — | $79.1M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5256 | +0.352% | $9.5M | $17.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5302 | +0.455% | $268K | $869K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5423 | +0.723% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5280 | +0.406% | $169K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5179 | +0.182% | $284K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5145 | +0.106% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5240 | +0.317% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5135 | +0.084% | $5K | $42K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5170 | +0.162% | $470K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5110 | +0.029% | $3.4M | $8.0M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0103% | 8h | 4.5112 | +0.034% | $33K | $51 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5121 | +0.054% | $3.8M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5145 | +0.106% | $210K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0111% | 8h | 4.5186 | +0.197% | $829K | $26.3M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0152% | 1h | 4.5142 | +0.100% | $13K | $5K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5260 | +0.361% | $13.0M | $33.1M | 75x | as long as short |
| Hyperliquid NEAR | +0.0283% | 1h | 4.5185 | +0.195% | $364.7M | $324.0M | 10x | as long as short |
| Lighter NEAR | +0.0320% | 1h | 4.5154 | +0.127% | $17.6M | $23.8M | 15x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0342% / S −0.0235% | 1h | 4.5136 | +0.086% | $260K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0431% | 1h | 4.5155 | +0.129% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5237 | +0.310% | $2.3M | $17.9M | 50x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5175 | +0.172% | $641K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0600% | 1h | 4.5172 | +0.166% | $1.6M | $6.1M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0703% | 1h | 4.5172 | +0.166% | $1.9M | $13.1M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0728% | 1h | 4.5132 | +0.078% | $1.1M | $7.0M | 20x | as long as short |
| Phoenix NEAR | +0.0851% | 1h | 4.5306 | +0.463% | $1.7M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.5153 | +0.125% | $419K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1163% | 1h | 4.5270 | +0.384% | $6K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
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
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
Hyperliquid NEAR
Lighter NEAR
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
RISEx NEAR/USDC
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD