Funding you earn now, next payment 07:00 UTC−0.0213%/8h= −23.3% APRpaid last 24h −0.029%
Price spread now: dYdX against MEXC−0.055%47s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1391.392% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)−0.123%−$12 · spread now −0.055%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and dYdX is 0.044% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.011%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NEAR_USDT | 4.3200 | 0.0213 | pay 0.0213% / 8h | 1h 01m | $75.0M | $151.1M | 200x |
| Short | dYdX NEAR-USD | 4.3176 | 0 | get 0.0000% / 1h | 1m 59s | $106K | $68K | 10x |
MEXC NEAR_USDT
dYdX NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$44.73
- Price spread: −0.055% → −0.011%
- −$4.4
- Slippage, 4 orders
- −$129.19
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$188.32
- Costs to cover
- 1.392%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; dYdX: live order book, 42 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, 2 min ago | 1.16 bp | 1.2 bp −$1 | 2.2 bp −$22 | 14.2 bp −$1,416 | 63.9 bp −$32.0K |
| Sell dYdX live order book, 42 min ago | 63.44 bp | 68.4 bp −$68 | 68.4 bp −$684 | 149.0 bp −$14.9K | 508.3 bp −$254.1K |
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 | 4.3160 | −0.092% | $2K | — | 20x | as long as short |
| dYdX NEAR-USDshort | 0.0000% | 1h | 4.3176 | −0.055% | $106K | $68K | 10x | |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3167 | −0.077% | $162K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.144% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3210 | +0.023% | $105K | $492K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3170 | −0.069% | $218.2M | $431.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3150 | −0.116% | $60.7M | $290.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3565 | +0.846% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3157 | −0.100% | $35.1M | $62.4M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3190 | −0.023% | $52.3M | $45.9M | 75x | as long as short |
Reya NEARRUSDPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.3166 | −0.079% | $71.5M | $128.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3397 | +0.457% | $8.7M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3395 | +0.452% | $252K | $906K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3350 | +0.346% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3400 | +0.463% | $163K | $804K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3206 | +0.014% | $288K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3201 | +0.002% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3280 | +0.185% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3180 | −0.046% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3290 | +0.208% | $457K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3210 | +0.023% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0103% | 8h | 4.3196 | −0.010% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3178 | −0.051% | $3.6M | $17.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0136% | 1h | 4.3205 | +0.012% | $201K | $38K | 3x | as long as short |
| BingX NEAR-USDC | +0.0201% | 8h | 4.3170 | −0.069% | — | $6.7M | — | as long as short |
| MEXC NEAR_USDTlong | +0.0213% | 8h | 4.3200 | long leg | $75.0M | $151.1M | 200x | |
| Binance NEARUSDT | +0.0213% | 8h | 4.3196 | −0.009% | $262.8M | $1.09B | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0217% | 8h | 4.3193 | −0.016% | $945K | $25.1M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0257% | 8h | 4.3170 | −0.069% | $2.8M | $4.9M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0313% / S −0.0200% | 1h | 4.3163 | −0.086% | $231K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0333% | 8h | 4.3200 | 0.000% | $13.5M | $32.0M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0395% | 1h | 4.3209 | +0.021% | $1.3M | $6.9M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.3234 | +0.079% | $2.3M | $16.5M | 50x | as long as short |
| Hyperliquid NEAR | +0.0431% | 1h | 4.3203 | +0.007% | $351.3M | $314.7M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0440% | 1h | 4.3233 | +0.076% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0543% | 1h | 4.3197 | −0.006% | $1.6M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0676% | 1h | 4.3154 | −0.106% | $7.1M | $38.3M | 50x | as long as short |
| Lighter NEAR | +0.0728% | 1h | 4.3234 | +0.079% | $17.0M | $25.5M | 15x | as long as short |
| Lighter RH NEAR | +0.0832% | 1h | 4.3247 | +0.109% | $1.5M | $6.8M | 10x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.3250 | +0.116% | $228K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0908% | 1h | 4.3214 | +0.032% | $1.9M | $13.0M | 25x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.3376 | +0.407% | $1.8M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.3210 | +0.023% | $398K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.3238 | +0.088% | $661K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1309% | 1h | 4.3411 | +0.489% | $5K | $12K | 10x | as long as short |
Bitget NEARUSDT
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
BingX NEAR-USDC
Binance NEARUSDT
Kalshi KXNEARPERP
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Hyperliquid NEAR
01 Exchange NEARUSD
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Lighter NEAR
Lighter RH NEAR
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD