Funding you earn now, next payment 08:00 UTC−0.0640%/8h= −70.1% APRpaid last 24h −0.169%
Price spread now: edgeX against Phoenix−0.178%7-day average −0.210% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$510.513% of the position
Funding, last 7 days−0.752%−$75 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now −0.178%, 7d avg −0.210%
=Together, before fees−0.771%+ Points / potential airdropedgeX: Active · farm board−$77 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.032% dearer against Phoenix than usual: you sell high and buy low (spread −0.178% now, against its 7-day average of −0.210%): +$3 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NEAR | 4.3729 | 0.0740 | pay 0.0093% / 1h | 48m 25s | $1.8M | $2.4M | 10x |
| Short | edgeX NEARUSDC | 4.3651 | 0.0100 | get 0.0050% / 4h | 3h 48m | $253K | $894K | 20x |
Phoenix NEAR
edgeX NEARUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phoenix. 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
- −$134.47
- Price spread: −0.178% → −0.210%
- $3.18
- Slippage, 4 orders
- −$35.26
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$182.55
- Costs to cover
- 0.513%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 5 min ago; edgeX: live order book, 40 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 Phoenix live order book, 5 min ago | 0.91 bp | 12.3 bp −$12 | 51.1 bp −$511 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 40 min ago | 8.05 bp | 13.5 bp −$14 | 27.6 bp −$276 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0433% | 1h | 4.3642 | −0.199% | $7.2M | $38.6M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3869 | +0.321% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3703 | −0.059% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3920 | +0.437% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.303% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3850 | +0.277% | $119K | $503K | 50x | as long as short |
| Hyperliquid NEAR | +0.0100% | 1h | 4.3919 | +0.434% | $353.9M | $317.2M | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3889 | +0.365% | $2.7M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3930 | +0.460% | $221.5M | $429.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3920 | +0.437% | $61.8M | $298.2M | 50x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Hyperliquid NEAR
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.3810 | +0.185% | $229K | $1.5M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | +0.048% | $252K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3904 | +0.400% | $36.4M | $61.7M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3890 | +0.368% | $53.1M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3940 | +0.483% | $72.6M | $127.7M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3688 | −0.094% | $9.0M | $18.3M | — | as long as short |
| edgeX NEARUSDCshort | +0.0100% | 4h | 4.3651 | −0.178% | $253K | $894K | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3670 | −0.134% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3660 | −0.158% | $166K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3830 | +0.231% | $273K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3947 | +0.499% | $59K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4000 | +0.620% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3945 | +0.494% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3680 | −0.112% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3736 | +0.016% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3914 | +0.423% | $3.6M | $16.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3950 | +0.506% | $204K | $40K | 3x | as long as short |
| Binance NEARUSDT | +0.0121% | 8h | 4.3933 | +0.467% | $265.1M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0122% | 8h | 4.3890 | +0.368% | $92.8M | $153.2M | 200x | as long as short |
| BingX NEAR-USDT | +0.0133% | 8h | 4.3930 | +0.460% | — | $82.9M | — | as long as short |
| Kalshi KXNEARPERP | +0.0153% | 8h | 4.3671 | −0.133% | $892K | $25.2M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0242% | 8h | 4.3640 | −0.204% | $12.5M | $32.2M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0264% | 1h | 4.3871 | +0.325% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0312% | 1h | 4.3890 | +0.368% | $1.7M | $3.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0348% / S −0.0248% | 1h | 4.3894 | +0.377% | $256K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0376% | 1h | 4.3785 | +0.128% | $1.5M | $6.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0388% | 8h | 4.3790 | +0.139% | $463K | $3.8M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3744 | +0.034% | $2.3M | $17.1M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0551% | 1h | 4.3736 | +0.016% | $1.1M | $7.2M | 20x | as long as short |
| Lighter NEAR | +0.0552% | 1h | 4.3794 | +0.148% | $17.3M | $23.8M | 15x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3811 | +0.187% | $594K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3735 | +0.015% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEARlong | +0.0740% | 1h | 4.3729 | long leg | $1.8M | $2.4M | 10x | |
| Aftermath Perps NEARUSD | +0.1081% | 1h | 4.3666 | −0.143% | $5K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1571% | 1h | 4.4010 | +0.643% | $1.9M | $13.1M | 25x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Binance NEARUSDT
MEXC NEAR_USDT
BingX NEAR-USDT
Kalshi KXNEARPERP
BloFin NEAR-USDT
01 Exchange NEARUSD
Nado NEAR-PERP
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
HTX NEAR-USDT
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Lighter NEAR
RISEx NEAR/USDC
Pacifica NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL