Funding you earn now, next payment 04:00 UTC+0.0371%/8h= +40.6% APRpaid last 24h +0.059%
Price spread now: Kraken Futures against BloFin−0.037%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.037%, 7d avg +0.033%
=Funding pays, the price is against you. Kraken Futures is 0.070% cheaper against BloFin than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.033%). If the spread goes back, that is −$7 on $10k: about 15 hours of funding at the current rate (+$11 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% 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 | BloFin NEAR-USDT | 4.3970 | 0.0220 | pay 0.0220% / 8h | 4h 10m | $13.8M | $32.6M | 75x |
| Short | Kraken Futures PF_NEARUSD | 4.3954 | 0.0591 | get 0.0074% / 1h | 10m 45s | $8.0M | $39.6M | 50x |
BloFin NEAR-USDT
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $77.88
- Price spread: −0.037% → +0.033%
- −$6.98
- Slippage, 4 orders
- −$32.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $16.14
- Costs to cover
- 0.548%
- Break-even
- 5.5 days
Slippage from BloFin: live order book, 3 min ago; Kraken Futures: live order book, 3 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, 3 min ago | 4.53 bp | 10.5 bp −$11 | 17.6 bp −$176 | 33.1 bp −$3,309 | 82.3 bp −$41.1K |
| Sell Kraken Futures live order book, 3 min ago | 7.02 bp | 18.8 bp −$19 | 21.6 bp −$216 | 52.2 bp −$5,224 | 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 | 4.4040 | +0.159% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.3987 | +0.039% | $2.2M | $15.5M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3833 | −0.313% | $108K | $69K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4028 | +0.132% | $618K | $22.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4051 | +0.184% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.822% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4070 | +0.227% | $113K | $517K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4135 | +0.375% | $420K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3870 | −0.227% | $270.3M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3821 | −0.339% | $220.7M | $424.1M | 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
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3840 | −0.296% | $62.7M | $296.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4054 | +0.192% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3847 | −0.280% | $31.9M | $64.3M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3910 | −0.136% | $74.6M | $150.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3880 | −0.205% | $54.6M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3872 | −0.223% | $72.1M | $130.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3860 | −0.250% | — | $147.3M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4067 | +0.220% | $8.5M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4159 | +0.430% | $265K | $980K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4070 | +0.227% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4090 | +0.273% | $170K | $801K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4109 | +0.316% | $244K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4006 | +0.082% | $56K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4050 | +0.182% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4110 | +0.318% | $457K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4000 | +0.068% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4085 | +0.262% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4020 | +0.114% | $205K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0180% | 1h | 4.3945 | −0.057% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDTlong | +0.0220% | 8h | 4.3970 | long leg | $13.8M | $32.6M | 75x | |
| Aster NEARUSDT | +0.0309% | 8h | 4.3944 | −0.059% | $2.9M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0321% / S −0.0190% | 1h | 4.4057 | +0.198% | $234K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0337% | 1h | 4.4001 | +0.071% | $1.3M | $6.4M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0352% | 1h | 4.4126 | +0.355% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0386% | 1h | 4.3923 | −0.106% | $362.3M | $325.0M | 10x | as long as short |
| Extended NEAR-USD | +0.0448% | 1h | 4.3878 | −0.208% | $3.9M | $19.7M | 25x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0501% | 1h | 4.3997 | +0.061% | $2.0M | $7.3M | 25x | as long as short |
| Nado NEAR-PERP | +0.0553% | 1h | 4.4079 | +0.248% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4150 | +0.409% | $218K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSDshort | +0.0591% | 1h | 4.3954 | −0.037% | $8.0M | $39.6M | 50x | |
| Lighter RH NEAR | +0.0696% | 1h | 4.3912 | −0.132% | $1.5M | $7.2M | 10x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4173 | +0.462% | $1.8M | $2.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4150 | +0.409% | $593K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0976% | 1h | 4.3943 | −0.062% | $17.7M | $26.5M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1585% | 1h | 4.4135 | +0.374% | $5K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
SoDEX NEAR-USD
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Extended NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Nado NEAR-PERP
Arcus NEAR-USD
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD