Funding you earn now, next payment 08:00 UTC−0.0233%/8h= −25.5% APRnext payment −$2.33 per $10,000 · paid last 24h −0.045%
Price spread now: Bybit against BloFin+0.232%62s7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days−0.256%−$26 on $10k
+Price spread, last 4 days (all we have)−0.366%−$37 · spread now +0.232%, 7d avg −0.047%
=The price spread pays, funding is against you. Bybit is 0.279% dearer against BloFin than usual: you sell high and buy low (spread +0.232% now, against its 7-day average of −0.047%): +$28 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.0 days. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEAR-USDT | 4.3130 | 0.0333 | pay 0.0333% / 8h | 58m 14s | $13.4M | $31.9M | 75x |
| Short | Bybit NEARUSDT | 4.3230 | 0.0100 | get 0.0100% / 8h | 58m 14s | $218.5M | $431.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$48.83
- Price spread: +0.232% → −0.047%
- $27.88
- Slippage, 4 orders
- −$9.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$53.62
- Costs to cover
- 0.327%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Bybit: live order book, 6 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 BloFin live order book, 6 min ago | 2.31 bp | 8.3 bp −$8 | 10.5 bp −$105 | 34.4 bp −$3,436 | 80.5 bp −$40.3K |
| Sell Bybit live order book, 6 min ago | 1.16 bp | 7.4 bp −$7 | 13.1 bp −$131 | 34.1 bp −$3,412 | 120.7 bp −$60.4K |
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 | 4.3153 | +0.053% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3105 | −0.058% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3179 | +0.113% | $162K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3212 | +0.191% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.988% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3160 | +0.070% | $105K | $492K | 50x | as long as short |
| Bybit NEARUSDTshort | +0.0100% | 8h | 4.3230 | +0.232% | $218.5M | $431.3M | 75x | |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3220 | +0.209% | $60.7M | $290.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3150 | +0.047% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3227 | +0.225% | $35.2M | $61.5M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3240 | +0.255% | $52.4M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3227 | +0.225% | $71.6M | $128.6M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3137 | +0.017% | $8.6M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3156 | +0.061% | $250K | $907K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3153 | +0.054% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3150 | +0.046% | $163K | $804K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3188 | +0.134% | $278K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3230 | +0.232% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3310 | +0.417% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3225 | +0.220% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3260 | +0.301% | $457K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3230 | +0.232% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0103% | 8h | 4.3126 | −0.009% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3200 | +0.163% | $3.6M | $17.8M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0136% | 1h | 4.3242 | +0.260% | $201K | $38K | 3x | as long as short |
| BingX NEAR-USDT | +0.0203% | 8h | 4.3240 | +0.255% | — | $144.8M | — | as long as short |
| Kalshi KXNEARPERP | +0.0209% | 8h | 4.3114 | −0.037% | $937K | $25.1M | 2.2x | as long as short |
| MEXC NEAR_USDT | +0.0212% | 8h | 4.3250 | +0.278% | $76.2M | $147.8M | 200x | as long as short |
| Binance NEARUSDT | +0.0214% | 8h | 4.3250 | +0.278% | $262.8M | $1.09B | 75x | as long as short |
| Aster NEARUSDT | +0.0245% | 8h | 4.3230 | +0.232% | $2.7M | $4.9M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0313% / S −0.0201% | 1h | 4.3180 | +0.116% | $231K | — | 100x | as long as short |
| BloFin NEAR-USDTlong | +0.0333% | 8h | 4.3130 | long leg | $13.4M | $31.9M | 75x | |
| Backpack NEAR_USDC_PERP | +0.0386% | 1h | 4.3279 | +0.345% | $1.3M | $7.0M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0408% | 1h | 4.3190 | +0.139% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0451% | 1h | 4.3155 | +0.058% | $1.6M | $3.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0483% | 1h | 4.3273 | +0.330% | $351.3M | $315.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3230 | +0.232% | $2.3M | $16.6M | 50x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3180 | +0.116% | $227K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0704% | 1h | 4.3284 | +0.358% | $17.0M | $24.8M | 15x | as long as short |
| Lighter RH NEAR | +0.0792% | 1h | 4.3287 | +0.364% | $1.5M | $6.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0931% | 1h | 4.3252 | +0.283% | $1.9M | $13.0M | 25x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3130 | 0.000% | $406K | $1.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3175 | +0.103% | $655K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.3312 | +0.422% | $1.8M | $2.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1279% | 1h | 4.3268 | +0.321% | $5K | $12K | 10x | as long as short |
BloFin NEAR-USDT
Bybit NEARUSDT
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
BingX NEAR-USDT
Kalshi KXNEARPERP
MEXC NEAR_USDT
Binance NEARUSDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Coinbase International NEAR-PERP-INTX
Lighter NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
RISEx NEAR/USDC
Phoenix NEAR
Aftermath Perps NEARUSD