Funding you earn now, next payment 00:00 UTC+0.0919%/8h= +100.6% APRnext payment +$9.19 per $10,000 · paid last 24h +0.066%
Price spread now: HTX against OKX−0.168%54s7-day average +0.284% · you buy dearer than you sell
Net, funding: paid 7d − costs+$5as 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−$470.466% of the position
Funding, last 7 days+0.519%+$52 on $10k
+Price spread, last 3 days (all we have)+0.687%+$69 · spread now −0.168%, 7d avg +0.284%
=Funding pays, the price is against you. HTX is 0.452% cheaper against OKX than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of +0.284%). If the spread goes back, that is −$45 on $10k: about 39 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.519% in total) that is about 6.1 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.519% in total (about 27.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.19 per $10,000. 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 | OKX NEAR-USDT-SWAP | 4.1560 | 0.0100 | pay 0.0100% / 8h | 1h 48m | $56.8M | $276.6M | 50x |
| Short | HTX NEAR-USDT | 4.1490 | 0.1019 | get 0.1019% / 8h | 1h 48m | $444K | $3.6M | 75x |
OKX NEAR-USDT-SWAP
HTX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against OKX. 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
- $192.92
- Price spread: −0.168% → +0.284%
- −$45.2
- Slippage, 4 orders
- −$24.55
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $101.17
- Costs to cover
- 0.466%
- Break-even
- 3.3 days
Slippage from OKX: live order book, 6 min ago; HTX: live order book, 1 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 OKX live order book, 6 min ago | 1.21 bp | 8.5 bp −$8 | 11.5 bp −$115 | 24.1 bp −$2,410 | doesn't fit |
| Sell HTX live order book, 1 min ago | 7.21 bp | 15.1 bp −$15 | 50.1 bp −$501 | 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 | 4.1534 | −0.062% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.1379 | −0.436% | $2.1M | $12.7M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −0.361% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1526 | −0.081% | $106K | $56K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1462 | −0.236% | $434K | $18.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1565 | +0.012% | $206K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0049% | 1h | 4.1538 | −0.054% | $7.5M | $36.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0064% | 1h | 4.1562 | +0.005% | $12K | $7K | 10x | as long as short |
| Lighter NEAR | +0.0096% | 1h | 4.1576 | +0.039% | $15.3M | $22.5M | 15x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1540 | −0.048% | $111K | $493K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Lighter NEAR
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1583 | +0.055% | $54K | $157K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1523 | −0.089% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1560 | 0.000% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1539 | −0.050% | $350K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1564 | +0.009% | $237.0M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1550 | −0.024% | $212.0M | $425.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAPlong | +0.0100% | 8h | 4.1560 | long leg | $56.8M | $276.6M | 50x | |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1550 | −0.024% | $308K | $1.6M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1562 | +0.005% | $29.6M | $56.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1560 | 0.000% | $82.0M | $140.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1550 | −0.024% | $56.2M | $44.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1543 | −0.041% | $69.1M | $126.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.1550 | −0.024% | — | $136.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1461 | −0.237% | $7.7M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1473 | −0.210% | $236K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1500 | −0.144% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1240 | −0.770% | $181K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1577 | +0.041% | $199K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1560 | 0.000% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1498 | −0.149% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1490 | −0.168% | $3.8M | $8.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1450 | −0.265% | $236K | $4K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1550 | −0.024% | $3.8M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1570 | +0.024% | $200K | $62K | 3x | as long as short |
| Lighter RH NEAR | +0.0152% | 1h | 4.1566 | +0.014% | $1.4M | $6.9M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1460 | −0.241% | $12.2M | $33.4M | 75x | as long as short |
| Hyperliquid NEAR | +0.0338% | 1h | 4.1592 | +0.077% | $349.5M | $298.1M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.1565 | +0.011% | $411K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0380% / S −0.0327% | 1h | 4.1575 | +0.036% | $280K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0463% | 1h | 4.1577 | +0.041% | $1.2M | $5.7M | 20x | as long as short |
| Nado NEAR-PERP | +0.0501% | 1h | 4.1509 | −0.122% | $1.8M | $3.6M | 10x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.1447 | −0.272% | $1.7M | $2.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0641% | 1h | 4.1550 | −0.024% | $1.8M | $2.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.0898% | 1h | 4.1437 | −0.297% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDTshort | +0.1019% | 8h | 4.1490 | −0.168% | $444K | $3.6M | 75x |
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
Arcus 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
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Extended NEAR-USD
Aevo NEAR-PERP
Lighter RH NEAR
BloFin NEAR-USDT
Hyperliquid NEAR
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD