Funding you earn now, next payment 07:00 UTC−0.0780%/8h= −85.4% APRpaid last 24h −0.074%
Price spread now: Orderly against Arcus−0.033%7-day average −0.067% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.346%−$35 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.033%, 7d avg −0.067%
=The price spread pays, funding is against you. Orderly is 0.034% dearer against Arcus than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.067%): +$3 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 4 days (−0.346% in total) that is about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NEAR-USD | 4.4900 | 0.0880 | pay 0.0110% / 1h | 43m 48s | $228K | $1.6M | 10x |
| Short | Orderly PERP_NEAR_USDC | 4.4885 | 0.0100 | get 0.0100% / 8h | 1h 43m | $59K | $235K | 20x |
Arcus NEAR-USD
Orderly PERP_NEAR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Arcus. 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
- −$163.76
- Price spread: −0.033% → −0.067%
- $3.39
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$170.88
- Costs to cover
- 0.105%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 5 min ago; Orderly: no order-book sample. 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 Arcus live order book, 5 min ago | 2.23 bp | 5.1 bp −$5 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 4.4806 | −0.209% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4807 | −0.207% | $110K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4851 | −0.109% | $169K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.773% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4880 | −0.045% | $111K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4820 | −0.178% | $230.6M | $429.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4800 | −0.223% | $63.4M | $300.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4366 | −1.189% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4792 | −0.241% | $34.9M | $60.1M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4830 | −0.156% | $53.5M | $45.9M | 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 | 4.4800 | −0.223% | $74.2M | $126.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4687 | −0.474% | $9.0M | $18.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4748 | −0.339% | $261K | $966K | 20x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4881 | −0.042% | $283K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDCshort | +0.0100% | 8h | 4.4885 | −0.033% | $59K | $235K | 20x | |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4940 | +0.089% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4950 | +0.111% | $466K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4800 | −0.223% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0106% | 8h | 4.4830 | −0.156% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0123% | 8h | 4.4756 | −0.321% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0127% | 1h | 4.4730 | −0.379% | $168K | $804K | 50x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4875 | −0.056% | $209K | $40K | 3x | as long as short |
| BingX NEAR-USDT | +0.0181% | 8h | 4.4820 | −0.178% | — | $144.0M | — | as long as short |
| MEXC NEAR_USDT | +0.0182% | 8h | 4.4810 | −0.200% | $85.6M | $145.3M | 200x | as long as short |
| Binance NEARUSDT | +0.0185% | 8h | 4.4830 | −0.156% | $272.9M | $1.09B | 75x | as long as short |
| SoDEX NEAR-USD | +0.0204% | 1h | 4.4845 | −0.122% | $5K | $52K | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0295% | 8h | 4.4796 | −0.232% | $1.1M | $25.0M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0302% | 8h | 4.4870 | −0.067% | $13.6M | $33.1M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0316% / S −0.0200% | 1h | 4.4825 | −0.167% | $239K | — | 100x | as long as short |
| Extended NEAR-USD | +0.0336% | 1h | 4.4790 | −0.245% | $3.7M | $18.9M | 25x | as long as short |
| Aster NEARUSDT | +0.0338% | 8h | 4.4820 | −0.178% | $2.9M | $5.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4900 | 0.000% | $2.3M | $16.5M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0504% | 1h | 4.4891 | −0.020% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0538% | 1h | 4.4840 | −0.134% | $1.8M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0585% | 1h | 4.4879 | −0.047% | $1.3M | $6.5M | 20x | as long as short |
| Hyperliquid NEAR | +0.0608% | 1h | 4.4848 | −0.117% | $369.0M | $309.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0651% | 1h | 4.4831 | −0.153% | $7.4M | $38.3M | 50x | as long as short |
| Arcus NEAR-USDlong | +0.0880% | 1h | 4.4900 | long leg | $228K | $1.6M | 10x | |
| Lighter RH NEAR | +0.1000% | 1h | 4.4929 | +0.065% | $1.5M | $6.7M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.5001 | +0.225% | $1.9M | $2.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1044% | 1h | 4.4892 | −0.018% | $1.9M | $12.3M | 25x | as long as short |
| Lighter NEAR | +0.1056% | 1h | 4.4902 | +0.006% | $17.6M | $24.7M | 15x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4833 | −0.149% | $413K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1238% | 1h | 4.4694 | −0.459% | $6K | $12K | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4892 | −0.018% | $678K | $1.4M | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Aevo NEAR-PERP
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
SoDEX NEAR-USD
Kalshi KXNEARPERP
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Extended NEAR-USD
Aster NEARUSDT
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Pacifica NEAR
Aftermath Perps NEARUSD
RISEx NEAR/USDC