Funding you earn now, next payment 01:00 UTC−0.0160%/8h= −17.5% APRnext payment −$0.20 per $10,000 · paid last 24h −0.045%
Price spread now: Coinbase International against Popdex+0.071%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 3 days (all we have)−0.166%−$17 on $10k
+Price spread, last 3 days (all we have)+0.008%+$1 · spread now +0.071%, 7d avg −0.031%
=The price spread pays, funding is against you. Coinbase International is 0.102% dearer against Popdex than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.031%): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex NEARUSDT | 4.3510 | 0.0096 | pay 0.0012% / 1h | 1m 07s | $114K | $487K | 50x |
| Short | Coinbase International NEAR-PERP-INTX | 4.3541 | −0.0064 | pay 0.0008% / 1h | 1m 07s | $2.2M | $14.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Popdex. 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
- −$33.6
- Price spread: +0.071% → −0.031%
- $10.22
- Slippage, 4 orders
- −$23.93
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$63.71
- Costs to cover
- 0.403%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 3 min ago; Coinbase International: live order book, 3 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 Popdex live order book, 3 min ago | 2.29 bp | 8.3 bp −$8 | 70.0 bp −$700 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 4.58 bp | 10.0 bp −$10 | 16.7 bp −$167 | doesn't fit | doesn't fit |
NEAR on 44 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 | 4.3477 | −0.076% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | −0.0064% | 1h | 4.3541 | +0.071% | $2.2M | $14.2M | 50x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3501 | −0.020% | $107K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3522 | +0.028% | $553K | $19.6M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3520 | +0.023% | $196K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.826% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDTlong | +0.0096% | 1h | 4.3510 | long leg | $114K | $487K | 50x | |
| Pacifica NEAR | +0.0100% | 1h | 4.3526 | +0.036% | $408K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3500 | −0.023% | $263.8M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3459 | −0.117% | $218.7M | $416.8M | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3440 | −0.161% | $61.9M | $287.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3550 | +0.092% | $207K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3555 | +0.104% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3548 | +0.087% | $31.4M | $63.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3560 | +0.115% | $75.8M | $145.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3600 | +0.207% | $53.9M | $43.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3518 | +0.018% | $71.5M | $126.0M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3530 | +0.046% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3517 | +0.017% | $8.4M | $18.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3594 | +0.193% | $269K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3541 | +0.070% | $1.4M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3590 | +0.184% | $196K | $775K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3519 | +0.021% | $204K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3539 | +0.067% | $60K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3540 | +0.069% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3595 | +0.195% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3640 | +0.299% | $455K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3590 | +0.184% | $3.8M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3483 | −0.063% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3507 | −0.007% | $3.8M | $18.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3545 | +0.081% | $203K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0177% | 8h | 4.3518 | +0.018% | $3.0M | $5.6M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0217% | 1h | 4.3607 | +0.222% | $7.7M | $40.6M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0347% / S −0.0242% | 1h | 4.3518 | +0.019% | $254K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0408% | 1h | 4.3554 | +0.101% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0425% | 1h | 4.3474 | −0.082% | $1.9M | $3.1M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3551 | +0.093% | $548K | $1.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0554% | 1h | 4.3589 | +0.182% | $1.9M | $4.3M | 25x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.3584 | +0.170% | $1.8M | $2.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0784% | 1h | 4.3664 | +0.354% | $1.6M | $7.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0803% | 1h | 4.3578 | +0.156% | $1.5M | $6.3M | 20x | as long as short |
| Hyperliquid NEAR | +0.0860% | 1h | 4.3582 | +0.165% | $366.8M | $306.1M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1664% | 1h | 4.3639 | +0.297% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1696% | 1h | 4.3651 | +0.325% | $17.4M | $25.8M | 15x | as long as short |
Popdex NEARUSDT
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
Kraken Futures PF_NEARUSD
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Aftermath Perps NEARUSD
Lighter NEAR