Funding you earn now, next payment 21:00 UTC−0.0414%/8h= −45.4% APRnext payment −$0.52 per $10,000 · paid last 24h −0.168%
Price spread now: 01 Exchange against Phoenix−0.056%7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and 01 Exchange is 0.056% cheaper against Phoenix than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NEAR | 4.1233 | 0.0582 | pay 0.0073% / 1h | 8m 59s | $1.7M | $2.8M | 10x |
| Short | 01 Exchange NEARUSD | 4.1210 | 0.0168 | get 0.0021% / 1h | 8m 59s | $12K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$86.98
- Price spread: −0.056% → 0.000%
- −$5.58
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$106.56
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 5 min ago; 01 Exchange: 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, 5 min ago | 0.97 bp | 12.3 bp −$12 | 51.3 bp −$513 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | 4.1195 | −0.093% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0024% | 1h | 4.1221 | −0.029% | $2.1M | $12.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1189 | −0.107% | $104K | $54K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1130 | −0.250% | $396K | $18.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1246 | +0.031% | $204K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | +0.429% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1190 | −0.104% | $107K | $490K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1261 | +0.068% | $53K | $157K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1186 | −0.113% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1329 | +0.232% | $2.9M | $5.8M | 50x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.1188 | −0.109% | $347K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1357 | +0.300% | $235.6M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1323 | +0.218% | $210.4M | $428.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1350 | +0.284% | $56.3M | $275.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1150 | −0.201% | $234K | $6K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1310 | +0.187% | $29.3M | $58.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1340 | +0.260% | $80.4M | $144.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1360 | +0.308% | $55.9M | $44.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1342 | +0.264% | $68.7M | $127.0M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.1340 | +0.260% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1114 | −0.289% | $7.6M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1110 | −0.299% | $234K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1103 | −0.315% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1130 | −0.250% | $181K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1220 | −0.032% | $199K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1240 | +0.017% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1260 | +0.065% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1310 | +0.187% | $3.8M | $8.2M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1332 | +0.239% | $3.7M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1264 | +0.075% | $200K | $61K | 3x | as long as short |
| Arcus NEAR-USD | +0.0118% | 1h | 4.1220 | −0.032% | $307K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0150% | 1h | 4.1294 | +0.148% | $7.3M | $36.9M | 50x | as long as short |
| 01 Exchange NEARUSDshort | +0.0168% | 1h | 4.1210 | −0.056% | $12K | $7K | 10x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0186% | 1h | 4.1302 | +0.167% | $1.8M | $2.1M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1270 | +0.090% | $12.3M | $33.6M | 75x | as long as short |
| Lighter RH NEAR | +0.0256% | 1h | 4.1321 | +0.213% | $1.4M | $7.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0366% | 1h | 4.1166 | −0.162% | $1.8M | $3.6M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0372% / S −0.0317% | 1h | 4.1233 | −0.001% | $272K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.1217 | −0.039% | $411K | $1.2M | 10x | as long as short |
| Phoenix NEARlong | +0.0582% | 1h | 4.1233 | long leg | $1.7M | $2.8M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0740% | 1h | 4.1365 | +0.320% | $1.4M | $5.7M | 20x | as long as short |
| Lighter NEAR | +0.0760% | 1h | 4.1333 | +0.243% | $15.2M | $23.0M | 15x | as long as short |
| Hyperliquid NEAR | +0.0874% | 1h | 4.1366 | +0.323% | $347.2M | $298.8M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0929% | 1h | 4.1231 | −0.006% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1073% | 8h | 4.1330 | +0.235% | $444K | $3.7M | 75x | as long as short |
Phoenix NEAR
01 Exchange NEARUSD
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
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
Phemex NEARUSDT
Extended NEAR-USD
Kraken Futures PF_NEARUSD
Deribit NEAR_USDC-PERPETUAL
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Lighter NEAR
Hyperliquid NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT