Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Orderly−0.062%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.062%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.065% cheaper against Orderly than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NEAR_USDC | 4.5278 | 0.0100 | pay 0.0100% / 8h | 6h 59m | $59K | $269K | 20x |
| Short | Phemex NEARUSDT | 4.5250 | 0.0100 | get 0.0100% / 8h | 6h 59m | $3.5M | $8.0M | 50x |
Orderly PERP_NEAR_USDC
Phemex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.062% → +0.003%
- −$6.52
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$24.52
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 5 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 Phemex live order book, 5 min ago | 13.16 bp | 37.7 bp −$38 | 64.9 bp −$649 | 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 | 4.5367 | +0.196% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0140% | 1h | 4.5261 | −0.037% | $7.4M | $38.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5396 | +0.261% | $111K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5437 | +0.351% | $170K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.543% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5450 | +0.380% | $120K | $522K | 50x | as long as short |
| Hyperliquid NEAR | +0.0100% | 1h | 4.5424 | +0.322% | $369.3M | $320.9M | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5320 | +0.093% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5340 | +0.137% | $275.4M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5290 | +0.027% | $235.9M | $434.0M | 75x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Hyperliquid NEAR
Aster NEARUSDT
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 | 4.5250 | −0.062% | $64.6M | $309.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.5450 | +0.380% | $237K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5050 | −0.504% | $260K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5291 | +0.029% | $39.0M | $61.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5320 | +0.093% | $84.2M | $161.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5370 | +0.203% | $53.9M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5225 | −0.117% | $74.7M | $128.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.5300 | +0.049% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5317 | +0.085% | $9.4M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5428 | +0.331% | $268K | $901K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5362 | +0.186% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5390 | +0.247% | $169K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5430 | +0.336% | $283K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDClong | +0.0100% | 8h | 4.5278 | long leg | $59K | $269K | 20x | |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5360 | +0.181% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5275 | −0.007% | $5K | $49K | 10x | as long as short |
| Phemex NEARUSDTshort | +0.0100% | 8h | 4.5250 | −0.062% | $3.5M | $8.0M | 50x | |
| Extended NEAR-USD | +0.0104% | 1h | 4.5252 | −0.056% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5290 | +0.027% | $211K | $38K | 3x | as long as short |
| Paradex NEAR-USD-PERP | +0.0109% | 8h | 4.5475 | +0.435% | $33K | $413 | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0128% | 8h | 4.5435 | +0.347% | $907K | $25.4M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5440 | +0.358% | $12.8M | $33.5M | 75x | as long as short |
| HTX NEAR-USDT | +0.0251% | 8h | 4.5290 | +0.027% | $479K | $3.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0347% / S −0.0242% | 1h | 4.5333 | +0.121% | $265K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0440% | 1h | 4.5465 | +0.413% | $13K | $5K | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5344 | +0.146% | $2.4M | $17.8M | 50x | as long as short |
| Lighter RH NEAR | +0.0568% | 1h | 4.5524 | +0.543% | $1.6M | $5.9M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5326 | +0.106% | $646K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0584% | 1h | 4.5518 | +0.529% | $17.9M | $23.3M | 15x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0657% | 1h | 4.5514 | +0.521% | $1.1M | $7.2M | 20x | as long as short |
| Nado NEAR-PERP | +0.0676% | 1h | 4.5425 | +0.325% | $1.7M | $3.2M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.5494 | +0.477% | $429K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.5602 | +0.716% | $1.7M | $2.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0833% | 1h | 4.5300 | +0.049% | $2.0M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1248% | 1h | 4.5370 | +0.202% | $6K | $7K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC 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
SunX NEAR-USDT
SoDEX NEAR-USD
Extended NEAR-USD
Aevo NEAR-PERP
Paradex NEAR-USD-PERP
Kalshi KXNEARPERP
BloFin NEAR-USDT
HTX NEAR-USDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
RISEx NEAR/USDC
Lighter NEAR
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Pacifica NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD