Funding you earn now, next payment 01:00 UTC−0.0131%/8h= −14.4% APRnext payment −$0.16 per $10,000 · paid last 24h +0.103%
Price spread now: Kraken Futures against dYdX−0.009%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$2992.991% of the position
Funding, last 7 days+0.348%+$35 on $10k
+Price spread, last 3 days (all we have)+0.169%+$17 · spread now −0.009%, 7d avg +0.041%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Kraken Futures is 0.050% cheaper against dYdX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.041%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.348%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX NEAR-USD | 4.2866 | 0 | get 0.0000% / 1h | 45m 13s | $111K | $64K | 10x |
| Short | Kraken Futures PF_NEARUSD | 4.2862 | −0.0131 | pay 0.0016% / 1h | 45m 13s | $7.5M | $37.0M | 50x |
dYdX NEAR-USD
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- −$27.56
- Price spread: −0.009% → +0.041%
- −$5.01
- Slippage, 4 orders
- −$279.14
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$331.71
- Costs to cover
- 2.991%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 29 min ago; Kraken Futures: live order book, 4 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 dYdX live order book, 29 min ago | 73.01 bp | 193.3 bp −$193 | 193.4 bp −$1,934 | 193.4 bp −$19.3K | 193.8 bp −$96.9K |
| Sell Kraken Futures live order book, 4 min ago | 8.71 bp | 13.7 bp −$14 | 16.5 bp −$165 | 38.8 bp −$3,879 | 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 | 4.2843 | −0.054% | $2K | — | 20x | as long as short |
| Bybit NEARUSDT | −0.0147% | 8h | 4.2792 | −0.173% | $218.4M | $418.7M | 75x | as long as short |
| Kraken Futures PF_NEARUSDshort | −0.0131% | 1h | 4.2862 | −0.009% | $7.5M | $37.0M | 50x | |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2909 | +0.100% | $2.2M | $13.0M | 50x | as long as short |
| dYdX NEAR-USDlong | 0.0000% | 1h | 4.2866 | long leg | $111K | $64K | 10x | |
| 01 Exchange NEARUSD | 0.0000% | 1h | 4.2896 | +0.070% | $13K | $7K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2846 | −0.047% | $376K | $18.4M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2846 | −0.046% | $203K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0008% | 8h | 4.2958 | +0.215% | $8.0M | $18.7M | — | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.397% | $578 | $302K | 12x | as long as short |
Reya NEARRUSDPERP
Bybit NEARUSDT
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Injective NEAR/USDC PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0056% | 8h | 4.2816 | −0.117% | $30.8M | $58.7M | 75x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2900 | +0.079% | $112K | $478K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.2841 | −0.058% | $57K | $193K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2869 | +0.006% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2895 | +0.067% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2893 | +0.064% | $402K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2846 | −0.047% | $254.6M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2810 | −0.131% | $60.9M | $278.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2910 | +0.102% | $197K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3050 | +0.429% | $245K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2830 | −0.084% | $79.4M | $138.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2840 | −0.061% | $56.1M | $43.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2823 | −0.100% | $71.1M | $124.8M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2810 | −0.131% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3101 | +0.548% | $277K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3108 | +0.564% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2900 | +0.079% | $179K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2892 | +0.060% | $193K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2880 | +0.032% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2830 | −0.084% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2970 | +0.242% | $457K | $3.6M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2830 | −0.084% | $3.8M | $8.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2801 | −0.151% | $3.9M | $16.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2825 | −0.096% | $199K | $28K | 3x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0217% | 1h | 4.2860 | −0.014% | $1.9M | $3.0M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2820 | −0.107% | $13.1M | $28.9M | 75x | as long as short |
| Hyperliquid NEAR | +0.0250% | 1h | 4.2888 | +0.051% | $365.2M | $300.5M | 10x | as long as short |
| Lighter RH NEAR | +0.0296% | 1h | 4.2908 | +0.098% | $1.6M | $6.9M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0314% | 1h | 4.2851 | −0.034% | $275K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2914 | +0.112% | $408K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0460% | 1h | 4.2879 | +0.030% | $1.4M | $5.6M | 20x | as long as short |
| Nado NEAR-PERP | +0.0466% | 1h | 4.2873 | +0.017% | $1.9M | $3.3M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3171 | +0.711% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1278% | 1h | 4.2969 | +0.241% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.2176% | 1h | 4.2980 | +0.265% | $17.2M | $23.9M | 15x | as long as short |
Gate NEAR_USDT
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
BloFin NEAR-USDT
Hyperliquid NEAR
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR