Funding you earn now, next payment 06:00 UTC+0.0436%/8h= +47.7% APRpaid last 24h +0.011%
Price spread now: Extended against Phemex−0.421%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$390.392% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.421%, 7d avg −0.059%
=Together, before fees+0.160%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.362% cheaper against Phemex than usual: you would sell low and buy high (spread −0.421% now, against its 7-day average of −0.059%). If the spread goes back, that is −$36 on $10k: about 2.8 days of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.057% in total) that is about 44 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 3.0% 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 | Phemex NEARUSDT | 4.3120 | 0.0100 | pay 0.0100% / 8h | 2h 34m | $3.6M | $8.3M | 50x |
| Short | Extended NEAR-USD | 4.2938 | 0.0536 | get 0.0067% / 1h | 34m 19s | $3.7M | $19.8M | 25x |
Phemex NEARUSDT
Extended NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Phemex. 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
- $91.56
- Price spread: −0.421% → −0.059%
- −$36.24
- Slippage, 4 orders
- −$22.24
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $16.08
- Costs to cover
- 0.392%
- Break-even
- 5.8 days
Slippage from Phemex: live order book, 5 min ago; Extended: live order book, 5 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 Phemex live order book, 5 min ago | 1.17 bp | 13.9 bp −$14 | 43.7 bp −$437 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.58 bp | 5.3 bp −$5 | 14.0 bp −$140 | 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 | 4.2968 | −0.351% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2971 | −0.345% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.2996 | −0.287% | $161K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.966% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3000 | −0.278% | $113K | $500K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3020 | −0.232% | $262.9M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3000 | −0.278% | $213.9M | $420.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3020 | −0.232% | $60.5M | $285.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2850 | −0.626% | $244K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2975 | −0.336% | $32.3M | $59.9M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3010 | −0.255% | $74.8M | $143.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3020 | −0.232% | $51.9M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3013 | −0.248% | $71.1M | $127.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3010 | −0.255% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.2998 | −0.282% | $8.2M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2986 | −0.310% | $251K | $949K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2990 | −0.302% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3017 | −0.239% | $263K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3042 | −0.181% | $56K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3190 | +0.162% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3200 | +0.186% | $464K | $4.0M | 75x | as long as short |
| Phemex NEARUSDTlong | +0.0100% | 8h | 4.3120 | long leg | $3.6M | $8.3M | 50x | |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.2959 | −0.373% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3055 | −0.151% | $200K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3140 | +0.046% | $13.3M | $31.8M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0250% | 8h | 4.3101 | −0.044% | $858K | $24.5M | 2.2x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3140 | +0.046% | $2.3M | $15.9M | 50x | as long as short |
| ApeX Omni NEARUSDT | +0.0281% | 1h | 4.2980 | −0.325% | $165K | $794K | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0311% / S −0.0198% | 1h | 4.2964 | −0.361% | $232K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0338% | 8h | 4.3016 | −0.241% | $2.8M | $5.3M | 50x | as long as short |
| Nado NEAR-PERP | +0.0356% | 1h | 4.2963 | −0.365% | $1.7M | $3.2M | 10x | as long as short |
| Extended NEAR-USDshort | +0.0536% | 1h | 4.2938 | −0.421% | $3.7M | $19.8M | 25x | |
| SoDEX NEAR-USD | +0.0604% | 1h | 4.3105 | −0.035% | $6K | $53K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0660% | 1h | 4.3120 | 0.000% | $1.3M | $6.7M | 20x | as long as short |
| Hyperliquid NEAR | +0.0705% | 1h | 4.3021 | −0.230% | $351.5M | $310.0M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0734% | 1h | 4.3110 | −0.023% | $7.5M | $38.7M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0752% | 1h | 4.3067 | −0.123% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3020 | −0.232% | $216K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.2988 | −0.307% | $394K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.0928% | 1h | 4.3043 | −0.179% | $16.8M | $25.1M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3144 | +0.056% | $1.8M | $2.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1099% | 1h | 4.3047 | −0.169% | $2.0M | $11.0M | 25x | as long as short |
| Lighter RH NEAR | +0.1104% | 1h | 4.3042 | −0.181% | $1.5M | $7.3M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3008 | −0.260% | $691K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1377% | 1h | 4.2943 | −0.411% | $5K | $12K | 10x | as long as short |
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Kalshi KXNEARPERP
Coinbase International NEAR-PERP-INTX
ApeX Omni NEARUSDT
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Nado NEAR-PERP
SoDEX NEAR-USD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD