Funding you earn now, next payment 23:00 UTC−0.0459%/8h= −50.3% APRnext payment −$0.57 per $10,000 · paid last 24h −0.187%
Price spread now: gTrade (Gains Network) against Phoenix−0.481%63s7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2972.969% of the position
Funding, last 3 days (all we have)−0.488%−$49 on $10k
+Price spread, last 3 days (all we have)+0.390%+$39 · spread now −0.481%, 7d avg −0.177%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and gTrade (Gains Network) is 0.304% cheaper against Phoenix than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.177%). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NEAR | 4.2668 | 0.0463 | pay 0.0058% / 1h | 26m 06s | $1.8M | $2.7M | 10x |
| Short | gTrade (Gains Network) NEAR/USD | 4.2463 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 26m 06s | $200K | — | 150x |
Phoenix NEAR
gTrade (Gains Network) NEAR/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$96.42
- Price spread: −0.481% → −0.177%
- −$30.41
- Slippage, 4 orders
- −$279.89
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$423.73
- Costs to cover
- 2.969%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 53 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, 2 min ago | 0.94 bp | 12.3 bp −$12 | 51.2 bp −$512 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 53 min ago | 130.01 bp | 137.7 bp −$138 | 1007.8 bp −$10.1K | 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 | 4.2448 | −0.515% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2478 | −0.445% | $2.2M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2520 | −0.347% | $110K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2715 | +0.110% | $357K | $18.7M | 2.2x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | 0.0000% | 1h | 4.2459 | −0.490% | $1.8M | $2.5M | 25x | as long as short |
| gTrade (Gains Network) NEAR/USDshort | L +0.0004% / S −0.0004% | 1h | 4.2463 | −0.481% | $200K | — | 150x | |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −2.948% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0062% | 8h | 4.2470 | −0.464% | $7.9M | $18.4M | — | as long as short |
| Bybit NEARUSDT | +0.0065% | 8h | 4.2353 | −0.738% | $216.1M | $422.5M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0080% | 1h | 4.2482 | −0.436% | $12K | $7K | 10x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
Deribit NEAR_USDC-PERPETUAL
Injective NEAR/USDC PERP
Variational Omni NEAR
Bybit NEARUSDT
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 | 4.2470 | −0.464% | $108K | $496K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2503 | −0.388% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2466 | −0.475% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2560 | −0.252% | $398K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2380 | −0.675% | $250.9M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2360 | −0.722% | $60.3M | $283.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2500 | −0.394% | $201K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2551 | −0.275% | $242K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2392 | −0.647% | $29.8M | $59.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2410 | −0.605% | $77.2M | $141.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2430 | −0.558% | $55.2M | $43.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2383 | −0.668% | $70.4M | $126.0M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2370 | −0.698% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2605 | −0.147% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2563 | −0.247% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2630 | −0.089% | $178K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2484 | −0.431% | $195K | $3.4M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2443 | −0.527% | $56K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2480 | −0.441% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2431 | −0.555% | $13K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2450 | −0.511% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2424 | −0.573% | $3.9M | $16.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2430 | −0.558% | $200K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2477 | −0.447% | $7.6M | $36.9M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2820 | +0.356% | $13.0M | $29.3M | 75x | as long as short |
| Lighter RH NEAR | +0.0320% | 1h | 4.2502 | −0.389% | $1.5M | $7.0M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0374% / S −0.0314% | 1h | 4.2460 | −0.488% | $272K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2490 | −0.417% | $414K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0444% | 1h | 4.2435 | −0.546% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEARlong | +0.0463% | 1h | 4.2668 | long leg | $1.8M | $2.7M | 10x | |
| Nado NEAR-PERP | +0.0722% | 1h | 4.2462 | −0.482% | $1.9M | $3.4M | 10x | as long as short |
| Hyperliquid NEAR | +0.0756% | 1h | 4.2458 | −0.492% | $364.9M | $299.8M | 10x | as long as short |
| HTX NEAR-USDT | +0.0814% | 8h | 4.2550 | −0.277% | $458K | $3.7M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1118% | 1h | 4.2661 | −0.016% | $6K | $11K | 10x | as long as short |
| Lighter NEAR | +0.1704% | 1h | 4.2545 | −0.289% | $16.3M | $23.8M | 15x | as long as short |
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance 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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Hyperliquid NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR