Funding you earn now, next payment 00:00 UTC+0.0241%/8h= +26.4% APRnext payment +$0.30 per $10,000 · paid last 24h +0.218%
Price spread now: Backpack against 01 Exchange+0.204%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and Backpack is 0.204% dearer against 01 Exchange than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange NEARUSD | 4.3187 | 0.0248 | pay 0.0031% / 1h | 57m 58s | $13K | $7K | 10x |
| Short | Backpack NEAR_USDC_PERP | 4.3275 | 0.0489 | get 0.0061% / 1h | 57m 58s | $1.3M | $5.6M | 20x |
01 Exchange NEARUSD
Backpack NEAR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against 01 Exchange. 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
- $50.55
- Price spread: +0.204% → 0.000%
- $20.38
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $53.92
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 1 min ago. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 1 min ago | 1.28 bp | 6.9 bp −$7 | 16.1 bp −$161 | doesn't fit | doesn't fit |
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 | 4.3154 | −0.076% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.3138 | −0.113% | $2.2M | $13.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3128 | −0.136% | $112K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3183 | −0.009% | $414K | $18.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3173 | −0.033% | $208K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.115% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3120 | −0.155% | $107K | $494K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3174 | −0.031% | $31K | $647 | 10x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3115 | −0.166% | $405K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3239 | +0.120% | $253.1M | $1.07B | 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
Paradex NEAR-USD-PERP
Pacifica NEAR
Binance NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | +0.0100% | 8h | 4.3250 | +0.146% | $222.8M | $420.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3250 | +0.146% | $61.4M | $287.8M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3170 | −0.039% | $198K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3063 | −0.288% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3211 | +0.056% | $30.6M | $58.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3250 | +0.146% | $82.9M | $138.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3210 | +0.053% | $56.7M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3273 | +0.199% | $72.0M | $126.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3210 | +0.053% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3069 | −0.273% | $8.0M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2854 | −0.771% | $251K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3088 | −0.229% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2890 | −0.688% | $179K | $788K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3185 | −0.005% | $213K | $3.3M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3187 | 0.000% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3210 | +0.053% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3150 | −0.086% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3150 | −0.086% | $4.0M | $8.1M | 50x | as long as short |
| Aster NEARUSDT | +0.0101% | 8h | 4.3263 | +0.176% | $3.1M | $5.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3261 | +0.170% | $4.0M | $14.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3146 | −0.095% | $208K | $62K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0117% | 1h | 4.3175 | −0.027% | $7.8M | $36.3M | 50x | as long as short |
| Lighter RH NEAR | +0.0144% | 1h | 4.3266 | +0.183% | $1.5M | $7.0M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3120 | −0.155% | $12.8M | $33.2M | 75x | as long as short |
| 01 Exchange NEARUSDlong | +0.0248% | 1h | 4.3187 | long leg | $13K | $7K | 10x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0352% | 1h | 4.3188 | +0.002% | $1.9M | $2.3M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0391% / S −0.0335% | 1h | 4.3173 | −0.032% | $295K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.3166 | −0.049% | $416K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERPshort | +0.0489% | 1h | 4.3275 | +0.204% | $1.3M | $5.6M | 20x | |
| Phoenix NEAR | +0.0542% | 1h | 4.2966 | −0.512% | $1.8M | $2.6M | 10x | as long as short |
| Nado NEAR-PERP | +0.0634% | 1h | 4.3139 | −0.112% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0916% | 8h | 4.3200 | +0.030% | $461K | $3.6M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1095% | 1h | 4.2990 | −0.457% | $5K | $11K | 10x | as long as short |
| Hyperliquid NEAR | +0.1645% | 1h | 4.3324 | +0.317% | $374.2M | $299.4M | 10x | as long as short |
| Lighter NEAR | +0.1704% | 1h | 4.3330 | +0.332% | $16.7M | $23.5M | 15x | as long as short |
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
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
Phemex NEARUSDT
Aster NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Phoenix NEAR
Nado NEAR-PERP
HTX NEAR-USDT
Aftermath Perps NEARUSD
Hyperliquid NEAR
Lighter NEAR