Funding you earn now, next payment 22:00 UTC−0.0713%/8h= −78.1% APRnext payment −$0.89 per $10,000 · paid last 24h −0.242%
Price spread now: Reya against Phoenix+0.016%59s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$21 a day on $10k at the current rate. The two prices were read 59 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 | 4.2035 | 0.0542 | pay 0.0068% / 1h | 16m 07s | $1.7M | $2.7M | 10x |
| Short | Reya NEARRUSDPERP | 4.2042 | −0.0171 | pay 0.0021% / 1h | 16m 07s | $2K | — | 20x |
Phoenix NEAR
Reya NEARRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$149.79
- Price spread: +0.016% → 0.000%
- $1.61
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$161.18
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 7 min ago; Reya: no order-book sample. 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 Phoenix live order book, 7 min ago | 0.95 bp | 12.3 bp −$12 | 51.1 bp −$511 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 NEARRUSDPERPshort | −0.0171% | 1h | 4.2042 | +0.016% | $2K | — | 20x | |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.2069 | +0.081% | $2.2M | $12.8M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −1.487% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2087 | +0.124% | $109K | $58K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2082 | +0.112% | $431K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2079 | +0.105% | $208K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0048% | 1h | 4.2067 | +0.076% | $7.7M | $36.6M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2080 | +0.107% | $107K | $487K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2067 | +0.077% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2126 | +0.217% | $3.0M | $5.7M | 50x | as long as short |
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.2102 | +0.158% | $364K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2050 | +0.036% | $241.8M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.2030 | −0.012% | $214.8M | $420.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2020 | −0.036% | $58.4M | $277.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2080 | +0.107% | $226K | $1.7M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2055 | +0.048% | $30.0M | $57.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2060 | +0.059% | $83.2M | $143.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2070 | +0.083% | $55.3M | $43.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2038 | +0.007% | $69.7M | $124.7M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2040 | +0.012% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1950 | −0.203% | $7.8M | $18.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1992 | −0.103% | $240K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2092 | +0.137% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2020 | −0.036% | $176K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2095 | +0.143% | $204K | $3.2M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2070 | +0.083% | $56K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2140 | +0.250% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2040 | +0.012% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2050 | +0.036% | $3.9M | $8.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2042 | +0.016% | $240K | $2K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2021 | −0.032% | $3.9M | $14.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2049 | +0.034% | $203K | $62K | 3x | as long as short |
| Lighter RH NEAR | +0.0120% | 1h | 4.2105 | +0.167% | $1.5M | $7.0M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0120% | 1h | 4.2114 | +0.188% | $12K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0178% | 1h | 4.2092 | +0.136% | $1.9M | $2.2M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2120 | +0.202% | $12.4M | $31.8M | 75x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.2109 | +0.175% | $411K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0383% / S −0.0329% | 1h | 4.2073 | +0.089% | $284K | — | 100x | as long as short |
| Hyperliquid NEAR | +0.0443% | 1h | 4.2124 | +0.212% | $357.4M | $294.0M | 10x | as long as short |
| Nado NEAR-PERP | +0.0504% | 1h | 4.2061 | +0.062% | $1.9M | $3.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0510% | 1h | 4.2092 | +0.136% | $1.2M | $5.6M | 20x | as long as short |
| Phoenix NEARlong | +0.0542% | 1h | 4.2035 | long leg | $1.7M | $2.7M | 10x | |
| Lighter NEAR | +0.0880% | 1h | 4.2167 | +0.313% | $16.3M | $23.6M | 15x | as long as short |
| HTX NEAR-USDT | +0.0944% | 8h | 4.2190 | +0.369% | $453K | $3.6M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.0984% | 1h | 4.2063 | +0.066% | $5K | $11K | 10x | as long as short |
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus 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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Extended NEAR-USD
Aevo NEAR-PERP
Lighter RH NEAR
01 Exchange NEARUSD
Deribit NEAR_USDC-PERPETUAL
BloFin NEAR-USDT
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Hyperliquid NEAR
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Lighter NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD