Funding you earn now, next payment 00:00 UTC−0.0194%/8h= −21.3% APRpaid last 24h −0.047%
Price spread now: Coinbase International against Orderly+0.026%7-day average −0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 3 days (all we have)−0.025%−$2 · spread now +0.026%, 7d avg −0.023%
=The price spread pays, funding is against you. Coinbase International is 0.049% dearer against Orderly than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.023%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.177% in total) that is about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NEAR_USDC | 4.3108 | 0.0098 | pay 0.0098% / 8h | 7h 05m | $57K | $162K | 20x |
| Short | Coinbase International NEAR-PERP-INTX | 4.3119 | −0.0096 | pay 0.0012% / 1h | 5m 39s | $2.2M | $13.0M | 50x |
Orderly PERP_NEAR_USDC
Coinbase International NEAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Orderly. 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
- −$40.79
- Price spread: +0.026% → −0.023%
- $4.86
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$51.93
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 3 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 4.40 bp | 12.0 bp −$12 | 17.7 bp −$177 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.3095 | −0.031% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0130% | 1h | 4.3153 | +0.103% | $7.9M | $38.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | −0.0096% | 1h | 4.3119 | +0.026% | $2.2M | $13.0M | 50x | |
| Phemex NEARUSDT | −0.0049% | 8h | 4.3150 | +0.097% | $3.8M | $8.4M | 50x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3132 | +0.056% | $345K | $18.6M | 2.2x | as long as short |
| dYdX NEAR-USD | +0.0004% | 1h | 4.3102 | −0.014% | $112K | $64K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3090 | −0.042% | $159K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0010% | 8h | 4.3057 | −0.118% | $8.2M | $18.8M | — | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.939% | $578 | $302K | 12x | as long as short |
| 01 Exchange NEARUSD | +0.0040% | 1h | 4.3111 | +0.007% | $13K | $7K | 10x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Phemex NEARUSDT
Kalshi KXNEARPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Injective NEAR/USDC PERP
01 Exchange NEARUSDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDT | +0.0096% | 1h | 4.3120 | +0.028% | $115K | $474K | 50x | as long as short |
| Orderly PERP_NEAR_USDClong | +0.0098% | 8h | 4.3108 | long leg | $57K | $162K | 20x | |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3080 | −0.065% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3165 | +0.133% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3106 | −0.005% | $401K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3104 | −0.009% | $257.2M | $1.05B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3140 | +0.074% | $218.2M | $413.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3140 | +0.074% | $60.9M | $276.3M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3180 | +0.167% | $205K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3243 | +0.312% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3148 | +0.093% | $31.0M | $61.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3150 | +0.097% | $75.4M | $141.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3180 | +0.167% | $56.0M | $42.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3146 | +0.088% | $71.9M | $122.0M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3150 | +0.097% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3251 | +0.332% | $258K | $1.1M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3241 | +0.308% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3290 | +0.422% | $181K | $775K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3126 | +0.042% | $201K | $3.4M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3190 | +0.190% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3130 | +0.051% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3210 | +0.237% | $456K | $3.7M | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3130 | +0.050% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3113 | +0.011% | $201K | $31K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3250 | +0.329% | $13.1M | $27.7M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0375% / S −0.0308% | 1h | 4.3088 | −0.046% | $275K | — | 100x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0376% | 1h | 4.3125 | +0.039% | $1.9M | $3.9M | 25x | as long as short |
| Hyperliquid NEAR | +0.0422% | 1h | 4.3126 | +0.042% | $366.1M | $301.2M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3176 | +0.157% | $404K | $1.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0437% | 1h | 4.3099 | −0.021% | $1.9M | $3.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0487% | 1h | 4.3186 | +0.181% | $1.3M | $5.9M | 20x | as long as short |
| Lighter RH NEAR | +0.0488% | 1h | 4.3098 | −0.023% | $1.6M | $7.0M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3397 | +0.670% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1510% | 1h | 4.3223 | +0.266% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1792% | 1h | 4.3212 | +0.241% | $17.3M | $24.7M | 15x | as long as short |
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
RISEx NEAR/USDC
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Lighter RH NEAR
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR