Funding you earn now, next payment 04:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.03 per $10,000 · paid last 24h −0.071%
Price spread now: Deribit against RISEx+0.125%7-day average +0.027% · 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−$12as in the Price arb table
costs, in and out, $10k−$220.218% of the position
Funding, last 4 days (all we have)−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)+0.334%+$33 · spread now +0.125%, 7d avg +0.027%
=The price spread pays, funding is against you. Deribit is 0.099% dearer against RISEx than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of +0.027%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 4 days (−0.170% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx NEAR/USDC | 4.4219 | 0.0926 | pay 0.0116% / 1h | 16m 53s | $592K | $1.4M | 10x |
| Short | Deribit NEAR_USDC-PERPETUAL | 4.4274 | 0.0903 | get 0.0113% / 1h | 16m 53s | $2.0M | $7.3M | 25x |
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against RISEx. 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
- −$4.76
- Price spread: +0.125% → +0.027%
- $9.86
- Slippage, 4 orders
- −$8.84
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$16.74
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 2 min ago; Deribit: live order book, 2 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 RISEx live order book, 2 min ago | 3.06 bp | 6.1 bp −$6 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 2 min ago | 1.36 bp | 4.9 bp −$5 | 18.2 bp −$182 | 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 | 4.4159 | −0.136% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4266 | +0.107% | $2.3M | $15.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4220 | +0.002% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4262 | +0.098% | $599K | $22.2M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4218 | −0.002% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.352% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4160 | −0.133% | $113K | $519K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4254 | +0.080% | $421K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4250 | +0.071% | $272.2M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4199 | −0.044% | $222.4M | $424.7M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4200 | −0.042% | $63.0M | $300.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4098 | −0.272% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4213 | −0.013% | $32.2M | $64.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4250 | +0.071% | $75.0M | $150.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4250 | +0.071% | $54.8M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4198 | −0.047% | $72.6M | $130.6M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4210 | −0.020% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4057 | −0.366% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4247 | +0.064% | $265K | $979K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4281 | +0.140% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4180 | −0.087% | $170K | $802K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4191 | −0.063% | $246K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4249 | +0.069% | $57K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4360 | +0.320% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4300 | +0.184% | $459K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4260 | +0.094% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4228 | +0.021% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4290 | +0.161% | $206K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0164% | 1h | 4.4248 | +0.066% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4290 | +0.161% | $13.8M | $33.0M | 75x | as long as short |
| Aster NEARUSDT | +0.0310% | 8h | 4.4250 | +0.071% | $3.0M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0321% / S −0.0190% | 1h | 4.4215 | −0.009% | $234K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0324% | 1h | 4.4263 | +0.100% | $1.4M | $6.5M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0336% | 1h | 4.4227 | +0.019% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0352% | 1h | 4.4276 | +0.130% | $365.2M | $324.7M | 10x | as long as short |
| Extended NEAR-USD | +0.0400% | 1h | 4.4196 | −0.052% | $4.0M | $19.7M | 25x | as long as short |
| Nado NEAR-PERP | +0.0543% | 1h | 4.4175 | −0.099% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4240 | +0.048% | $219K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0587% | 1h | 4.4266 | +0.108% | $8.2M | $39.5M | 50x | as long as short |
| Lighter RH NEAR | +0.0648% | 1h | 4.4304 | +0.193% | $1.5M | $7.2M | 10x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4289 | +0.159% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUALshort | +0.0903% | 1h | 4.4274 | +0.125% | $2.0M | $7.3M | 25x | |
| RISEx NEAR/USDClong | +0.0926% | 1h | 4.4219 | long leg | $592K | $1.4M | 10x | |
| Lighter NEAR | +0.0960% | 1h | 4.4337 | +0.267% | $17.9M | $26.5M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1566% | 1h | 4.4216 | −0.006% | $5K | $12K | 10x | as long as short |
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
SoDEX NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Extended NEAR-USD
Nado NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
Lighter NEAR
Aftermath Perps NEARUSD