Funding you earn now, next payment 11:00 UTC−0.0332%/8h= −36.3% APRnext payment −$0.41 per $10,000 · paid last 24h +0.114%
Price spread now: Kraken Futures against Popdex−0.204%7-day average +0.023% · 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−$72as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 4 days (all we have)+0.218%+$22 on $10k
+Price spread, last 4 days (all we have)+0.506%+$51 · spread now −0.204%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.227% cheaper against Popdex than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.218%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex NEARUSDT | 4.4910 | 0.0096 | pay 0.0012% / 1h | 6m 44s | $124K | $505K | 50x |
| Short | Kraken Futures PF_NEARUSD | 4.4818 | −0.0236 | pay 0.0029% / 1h | 6m 44s | $7.3M | $37.0M | 50x |
Popdex NEARUSDT
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$69.7
- Price spread: −0.204% → +0.023%
- −$22.74
- Slippage, 4 orders
- −$32.58
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$141.41
- Costs to cover
- 0.490%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 40 min ago; Kraken Futures: live order book, 5 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, 40 min ago | 5.59 bp | 11.5 bp −$12 | 71.7 bp −$717 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 4.90 bp | 15.5 bp −$15 | 18.4 bp −$184 | 42.4 bp −$4,242 | doesn't fit |
NEAR on 45 exchanges
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_NEARUSDshort | −0.0236% | 1h | 4.4818 | −0.204% | $7.3M | $37.0M | 50x | |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4923 | +0.029% | $2K | — | 20x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4896 | −0.031% | $905K | $26.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4933 | +0.051% | $168K | — | 150x | as long as short |
| dYdX NEAR-USD | +0.0022% | 1h | 4.4790 | −0.268% | $110K | $53K | 10x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.793% | $578 | $301K | 12x | as long as short |
| 01 Exchange NEARUSD | +0.0080% | 1h | 4.4931 | +0.047% | $13K | $4K | 10x | as long as short |
| Lighter NEAR | +0.0096% | 1h | 4.4840 | −0.155% | $17.0M | $25.1M | 15x | as long as short |
| Popdex NEARUSDTlong | +0.0096% | 1h | 4.4910 | long leg | $124K | $505K | 50x | |
| Hyperliquid NEAR | +0.0100% | 1h | 4.4870 | −0.089% | $360.5M | $312.0M | 10x | as long as short |
Reya NEARRUSDPERP
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
dYdX NEAR-USD
Injective NEAR/USDC PERP
01 Exchange NEARUSD
Lighter NEAR
Hyperliquid NEARShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NEARUSDT | +0.0100% | 8h | 4.4819 | −0.202% | $2.7M | $4.8M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4825 | −0.189% | $270.3M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4820 | −0.200% | $230.1M | $430.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4810 | −0.223% | $63.9M | $300.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4606 | −0.677% | $275K | $24K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4828 | −0.183% | $40.8M | $63.6M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4880 | −0.067% | $72.2M | $171.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4870 | −0.089% | $54.9M | $44.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4819 | −0.203% | $74.6M | $127.9M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4850 | −0.134% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4714 | −0.437% | $8.7M | $16.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4888 | −0.050% | $266K | $862K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4890 | −0.045% | $1.5M | $1.8M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4850 | −0.134% | $168K | $808K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4911 | +0.002% | $193K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4863 | −0.105% | $55K | $273K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4940 | +0.067% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4845 | −0.145% | $5K | $34K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4940 | +0.067% | $471K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4840 | −0.156% | $3.4M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4919 | +0.020% | $32K | $389 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4836 | −0.166% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4840 | −0.156% | $208K | $38K | 3x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0191% / S −0.0033% | 1h | 4.4830 | −0.178% | $241K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4870 | −0.089% | $12.7M | $32.6M | 75x | as long as short |
| Lighter RH NEAR | +0.0232% | 1h | 4.4857 | −0.118% | $1.5M | $6.0M | 10x | as long as short |
| Nado NEAR-PERP | +0.0261% | 1h | 4.4900 | −0.022% | $1.8M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.4940 | +0.067% | $227K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.4926 | +0.036% | $650K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.4980 | +0.156% | $2.3M | $17.6M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0554% | 1h | 4.4865 | −0.100% | $1.1M | $7.1M | 20x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.4988 | +0.174% | $1.7M | $2.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0843% | 1h | 4.4899 | −0.024% | $1.9M | $13.0M | 25x | as long as short |
| Pacifica NEAR | +0.0851% | 1h | 4.4829 | −0.181% | $423K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0925% | 1h | 4.4839 | −0.158% | $6K | $6K | 10x | as long as short |
Aster NEARUSDT
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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Lighter RH NEAR
Nado NEAR-PERP
Arcus NEAR-USD
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Aftermath Perps NEARUSD