Funding you earn now, next payment 04:00 UTC+0.0487%/8h= +53.3% APRpaid last 24h +0.095%
Price spread now: Kraken Futures against Orderly+0.030%7-day average +0.030% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.030%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.203% in total (about 10.6% 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 | Orderly PERP_NEAR_USDC | 4.4245 | 0.0100 | pay 0.0100% / 8h | 4h 17m | $57K | $227K | 20x |
| Short | Kraken Futures PF_NEARUSD | 4.4258 | 0.0587 | get 0.0073% / 1h | 17m 57s | $8.2M | $39.6M | 50x |
Orderly PERP_NEAR_USDC
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $102.23
- Price spread: +0.030% → +0.030%
- −$0.04
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $86.19
- Costs to cover
- 0.160%
- Break-even
- 1.1 days
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago | 10.61 bp | 16.6 bp −$17 | 18.7 bp −$187 | 51.8 bp −$5,175 | 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 | 4.4202 | −0.098% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4213 | −0.072% | $2.3M | $15.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4286 | +0.093% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4309 | +0.145% | $599K | $22.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4218 | −0.061% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.408% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4350 | +0.237% | $114K | $518K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4296 | +0.115% | $421K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4270 | +0.057% | $271.9M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4206 | −0.088% | $222.4M | $424.8M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4220 | −0.057% | $63.0M | $300.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4098 | −0.332% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4243 | −0.005% | $32.2M | $64.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4280 | +0.079% | $74.8M | $149.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4270 | +0.057% | $54.8M | $46.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4219 | −0.059% | $72.6M | $130.6M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4230 | −0.034% | — | $147.4M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4057 | −0.425% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4206 | −0.089% | $265K | $977K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4210 | −0.079% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4130 | −0.260% | $170K | $802K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4355 | +0.249% | $247K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDClong | +0.0100% | 8h | 4.4245 | long leg | $57K | $227K | 20x | |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4300 | +0.124% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4310 | +0.147% | $459K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4260 | +0.034% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4300 | +0.124% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4232 | −0.029% | $206K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0147% | 1h | 4.4240 | −0.011% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4310 | +0.147% | $13.8M | $33.0M | 75x | as long as short |
| Aster NEARUSDT | +0.0305% | 8h | 4.4289 | +0.099% | $3.0M | $5.5M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0320% | 1h | 4.4263 | +0.041% | $1.4M | $6.5M | 20x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0321% / S −0.0190% | 1h | 4.4208 | −0.084% | $235K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0328% | 1h | 4.4416 | +0.386% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0338% | 1h | 4.4285 | +0.090% | $365.3M | $324.7M | 10x | as long as short |
| Extended NEAR-USD | +0.0392% | 1h | 4.4226 | −0.043% | $4.0M | $19.7M | 25x | as long as short |
| Nado NEAR-PERP | +0.0538% | 1h | 4.4218 | −0.060% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4420 | +0.396% | $220K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSDshort | +0.0587% | 1h | 4.4258 | +0.030% | $8.2M | $39.6M | 50x | |
| Lighter RH NEAR | +0.0640% | 1h | 4.4317 | +0.163% | $1.5M | $7.2M | 10x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4289 | +0.099% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0858% | 1h | 4.4269 | +0.054% | $2.0M | $7.3M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4406 | +0.363% | $594K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0944% | 1h | 4.4332 | +0.196% | $17.9M | $26.5M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1545% | 1h | 4.4170 | −0.169% | $5K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk 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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
SoDEX NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
Backpack NEAR_USDC_PERP
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Hyperliquid NEAR
Extended NEAR-USD
Nado NEAR-PERP
Arcus NEAR-USD
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD