Funding you earn now, next payment 09:00 UTC+0.0420%/8h= +46.0% APRpaid last 24h −0.023%
Price spread now: Coinbase International against MEXC+0.471%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs+$19as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 7 days−0.185%−$19 on $10k
+Price spread, last 4 days (all we have)+0.463%+$46 · spread now +0.471%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 0.472% dearer against MEXC than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of 0.000%. Mind the row above: over the last 7 days funding on this pair cost −0.185%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.7% 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 | MEXC NEAR_USDT | 4.4970 | 0.0100 | pay 0.0100% / 8h | 6h 55m | $81.6M | $162.6M | 200x |
| Short | Coinbase International NEAR-PERP-INTX | 4.5182 | 0.0520 | get 0.0065% / 1h | 55m 54s | $2.3M | $18.0M | 50x |
MEXC NEAR_USDT
Coinbase International NEAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. 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
- $88.2
- Price spread: +0.471% → 0.000%
- $47.16
- Slippage, 4 orders
- −$18.31
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $107.05
- Costs to cover
- 0.283%
- Break-even
- from the start
Slippage from MEXC: live order book, 3 min ago; Coinbase International: 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 MEXC live order book, 3 min ago | 1.10 bp | 1.1 bp −$1 | 3.3 bp −$33 | 51.3 bp −$5,135 | 99.1 bp −$49.5K |
| Sell Coinbase International live order book, 3 min ago | 5.96 bp | 14.1 bp −$14 | 27.0 bp −$270 | 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 | 4.5098 | +0.285% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0140% | 1h | 4.5091 | +0.269% | $7.4M | $38.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5021 | +0.114% | $110K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5437 | +1.038% | $170K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.916% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5080 | +0.245% | $119K | $521K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4996 | +0.057% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4996 | +0.057% | $273.4M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4985 | +0.033% | $233.8M | $435.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4900 | −0.156% | $64.0M | $307.6M | 50x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
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 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.5140 | +0.378% | $233K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5308 | +0.751% | $261K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4939 | −0.069% | $38.6M | $61.3M | 75x | as long as short |
| MEXC NEAR_USDTlong | +0.0100% | 8h | 4.4970 | long leg | $81.6M | $162.6M | 200x | |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5000 | +0.067% | $53.5M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5068 | +0.218% | $74.4M | $128.5M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4960 | −0.022% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5146 | +0.392% | $9.4M | $17.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5378 | +0.908% | $268K | $880K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5362 | +0.872% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5390 | +0.934% | $169K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5085 | +0.256% | $281K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5155 | +0.411% | $59K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5200 | +0.511% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5145 | +0.389% | $5K | $44K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5090 | +0.267% | $3.5M | $8.0M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4967 | −0.008% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5166 | +0.437% | $210K | $38K | 3x | as long as short |
| Paradex NEAR-USD-PERP | +0.0109% | 8h | 4.5129 | +0.353% | $33K | $413 | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0124% | 8h | 4.5153 | +0.407% | $834K | $25.5M | 2.2x | as long as short |
| HTX NEAR-USDT | +0.0161% | 8h | 4.5140 | +0.378% | $476K | $3.8M | 75x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5380 | +0.912% | $12.8M | $33.4M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0248% | 1h | 4.5071 | +0.225% | $13K | $5K | 10x | as long as short |
| Hyperliquid NEAR | +0.0255% | 1h | 4.5139 | +0.376% | $366.5M | $322.1M | 10x | as long as short |
| Lighter NEAR | +0.0336% | 1h | 4.5181 | +0.470% | $17.7M | $23.4M | 15x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0341% / S −0.0235% | 1h | 4.5121 | +0.335% | $259K | — | 100x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | +0.0520% | 1h | 4.5182 | +0.471% | $2.3M | $18.0M | 50x | |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5086 | +0.259% | $645K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0592% | 1h | 4.5135 | +0.367% | $1.6M | $6.0M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0711% | 1h | 4.5115 | +0.322% | $1.1M | $7.1M | 20x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.5602 | +1.405% | $1.8M | $2.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0761% | 1h | 4.5115 | +0.322% | $1.7M | $3.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0836% | 1h | 4.5171 | +0.447% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.5151 | +0.402% | $426K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1266% | 1h | 4.5287 | +0.706% | $6K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
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
Extended NEAR-USD
Aevo NEAR-PERP
Paradex NEAR-USD-PERP
Kalshi KXNEARPERP
HTX NEAR-USDT
BloFin NEAR-USDT
01 Exchange NEARUSD
Hyperliquid NEAR
Lighter NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Phoenix NEAR
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Aftermath Perps NEARUSD