Settings8H · net · $10k
Funding arb · Price arb /

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0304%/8h= +33.3% APRpaid last 24h +0.011%
Price spread now: Extended against Binance−0.165%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$250.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 7 days+0.187%+$19 · spread now −0.165%, 7d avg −0.064%
Together, before fees+0.219%+ Points / potential airdropExtended: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.101% cheaper against Binance than usual: you would sell low and buy high (spread −0.165% now, against its 7-day average of −0.064%). If the spread goes back, that is −$10 on $10k: about 26 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.032% in total) that is about 22 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEARUSDT4.42000.0144pay 0.0144% / 8h2h 03m$268.6M$1.09B75x
ShortExtended NEAR-USD4.41270.0448get 0.0056% / 1h3m 43s$3.7M$19.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$63.85
Price spread: −0.165% → −0.064%
−$10.07
Slippage, 4 orders
−$9.74
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$29.04
Costs to cover
0.247%
Break-even
3.8 days
Slippage from Binance: live order book, 10 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago1.15 bp6.1 bp −$67.6 bp −$7632.9 bp −$3,29198.3 bp −$49.2K
Sell Extended live order book, 5 min ago0.69 bp5.0 bp −$513.3 bp −$133doesn't fitdoesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.4107−0.211%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4137−0.143%$109K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4128−0.163%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.313%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4170−0.069%$117K$497K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4177−0.053%$222.0M$423.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4150−0.114%$62.3M$294.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3500−1.585%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4144−0.128%$33.7M$61.3M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4210+0.022%$53.3M$46.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4142−0.132%$72.8M$127.0M75xas long as short
Variational Omni NEAR+0.0100%8h4.4197−0.007%$8.9M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4038−0.368%$257K$964K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4185−0.035%$272K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4168−0.073%$58K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4240+0.090%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4180−0.046%$468K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4150−0.114%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4140−0.137%$32K$60810xas long as short
GRVT NEAR_USDT_Perp+0.0111%8h4.4060−0.318%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0112%1h4.4170−0.069%$205K$40K3xas long as short
BingX NEAR-USDT+0.0133%8h4.4150−0.114%$143.7Mas long as short
MEXC NEAR_USDT+0.0143%8h4.4160−0.091%$83.7M$146.7M200xas long as short
Binance NEARUSDTlong+0.0144%8h4.4200long leg$268.6M$1.09B75x
Coinbase International NEAR-PERP-INTX+0.0256%1h4.4256+0.126%$2.3M$16.4M50xas long as short
BloFin NEAR-USDT+0.0262%8h4.4150−0.114%$13.3M$32.6M75xas long as short
Kalshi KXNEARPERP+0.0311%8h4.4137−0.144%$1.0M$24.7M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0201%1h4.4133−0.153%$236K100xas long as short
Aster NEARUSDT+0.0343%8h4.4160−0.091%$2.8M$5.2M50xas long as short
Nado NEAR-PERP+0.0391%1h4.4135−0.148%$1.7M$3.2M10xas long as short
ApeX Omni NEARUSDT+0.0434%1h4.4030−0.386%$168K$797K50xas long as short
Extended NEAR-USDshort+0.0448%1h4.4127−0.165%$3.7M$19.2M25x
SoDEX NEAR-USD+0.0493%1h4.4145−0.125%$5K$52K10xas long as short
Hyperliquid NEAR+0.0680%1h4.4197−0.008%$363.7M$311.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0696%1h4.4198−0.006%$1.3M$6.5M20xas long as short
01 Exchange NEARUSD+0.0712%1h4.4229+0.065%$13K$7K10xas long as short
Kraken Futures PF_NEARUSD+0.0716%1h4.4141−0.135%$7.3M$39.1M50xas long as short
Arcus NEAR-USD+0.0814%1h4.4180−0.046%$225K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.4167−0.075%$405K$1.4M10xas long as short
Lighter NEAR+0.0928%1h4.4216+0.035%$17.4M$25.3M15xas long as short
Phoenix NEAR+0.1033%1h4.4241+0.092%$1.8M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1109%1h4.4196−0.010%$2.0M$12.1M25xas long as short
Lighter RH NEAR+0.1112%1h4.4212+0.026%$1.5M$7.5M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.4169−0.071%$701K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1247%1h4.3901−0.677%$5K$12K10xas long as short