Funding you earn now, next payment 07:00 UTC+0.0803%/8h= +87.9% APRpaid last 24h +0.080%
Price spread now: Deribit against SunX−0.133%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1471.474% of the position
Funding, last 7 days+0.365%+$36 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.133%, 7d avg −0.076%
=Funding pays, the price is against you. Deribit is 0.057% cheaper against SunX than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.076%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.365% in total) that is about 26 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.365% in total (about 19.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NEAR-USDT | 4.4350 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $2K | $1.3M | 20x |
| Short | Deribit NEAR_USDC-PERPETUAL | 4.4291 | 0.0903 | get 0.0113% / 1h | 33m 50s | $1.9M | $13.1M | 25x |
SunX NEAR-USDT
Deribit NEAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SunX. 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
- $168.63
- Price spread: −0.133% → −0.076%
- −$5.68
- Slippage, 4 orders
- −$132.37
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $15.58
- Costs to cover
- 1.474%
- Break-even
- 6.4 days
Slippage from SunX: live order book, 10 min ago; Deribit: 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 SunX live order book, 10 min ago | 31.17 bp | 51.1 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 5 min ago | 3.24 bp | 8.6 bp −$9 | 18.0 bp −$180 | 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 | 4.4238 | −0.252% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4209 | −0.317% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4250 | −0.225% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.629% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4240 | −0.248% | $111K | $494K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4250 | −0.225% | $224.5M | $436.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4250 | −0.225% | $62.5M | $298.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5008 | +1.484% | $256K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4230 | −0.271% | $35.4M | $61.3M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4270 | −0.180% | $53.4M | $46.5M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4242 | −0.244% | $73.1M | $127.4M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4297 | −0.119% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4392 | +0.095% | $259K | $964K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4380 | +0.068% | $167K | $805K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4265 | −0.192% | $300K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4282 | −0.153% | $59K | $236K | 20x | as long as short |
| SunX NEAR-USDTlong | +0.0100% | 8h | 4.4350 | long leg | $2K | $1.3M | 20x | |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4350 | 0.000% | $469K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4320 | −0.068% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0106% | 8h | 4.4200 | −0.337% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0114% | 8h | 4.4327 | −0.052% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4229 | −0.272% | $206K | $38K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0184% | 1h | 4.4235 | −0.259% | $5K | $53K | 10x | as long as short |
| BingX NEAR-USDT | +0.0190% | 8h | 4.4260 | −0.203% | — | $143.9M | — | as long as short |
| MEXC NEAR_USDT | +0.0191% | 8h | 4.4280 | −0.158% | $80.5M | $147.3M | 200x | as long as short |
| Binance NEARUSDT | +0.0194% | 8h | 4.4280 | −0.158% | $270.1M | $1.09B | 75x | as long as short |
| Extended NEAR-USD | +0.0232% | 1h | 4.4230 | −0.271% | $3.7M | $18.7M | 25x | as long as short |
| Kalshi KXNEARPERP | +0.0279% | 8h | 4.4255 | −0.214% | $1.1M | $25.2M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0311% | 8h | 4.4340 | −0.023% | $13.7M | $32.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0197% | 1h | 4.4263 | −0.196% | $234K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0321% | 8h | 4.4250 | −0.225% | $2.8M | $5.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4289 | −0.138% | $2.3M | $16.7M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0448% | 1h | 4.4258 | −0.207% | $13K | $7K | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0473% | 1h | 4.4279 | −0.160% | $1.4M | $6.8M | 20x | as long as short |
| Hyperliquid NEAR | +0.0479% | 1h | 4.4304 | −0.104% | $362.6M | $312.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0602% | 1h | 4.4230 | −0.271% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0660% | 1h | 4.4228 | −0.275% | $7.3M | $38.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4250 | −0.225% | $224K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0880% | 1h | 4.4322 | −0.063% | $17.4M | $25.1M | 15x | as long as short |
| Deribit NEAR_USDC-PERPETUALshort | +0.0903% | 1h | 4.4291 | −0.133% | $1.9M | $13.1M | 25x | |
| Lighter RH NEAR | +0.0912% | 1h | 4.4322 | −0.063% | $1.5M | $6.7M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.4771 | +0.949% | $1.8M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4257 | −0.209% | $408K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4239 | −0.250% | $662K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1278% | 1h | 4.4460 | +0.248% | $6K | $12K | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
SoDEX NEAR-USD
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
Extended NEAR-USD
Kalshi KXNEARPERP
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Lighter NEAR
Lighter RH NEAR
Phoenix NEAR
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD