Funding you earn now, next payment 11:00 UTC−0.0336%/8h= −36.8% APRpaid last 24h +0.112%
Price spread now: Kraken Futures against edgeX−0.169%76s7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as 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−$520.520% of the position
Funding, last 7 days+0.191%+$19 on $10k
+Price spread, last 4 days (all we have)+0.171%+$17 · spread now −0.169%, 7d avg +0.031%
=Together, before fees+0.361%+ Points / potential airdropedgeX: Active · farm board+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.200% cheaper against edgeX than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.031%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.191%, so the current rate has only just turned against you. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.191% in total (about 9.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NEARUSDC | 4.4825 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $265K | $871K | 20x |
| Short | Kraken Futures PF_NEARUSD | 4.4749 | −0.0236 | pay 0.0030% / 1h | 44m 02s | $7.4M | $36.9M | 50x |
edgeX NEARUSDC
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. 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
- −$70.61
- Price spread: −0.169% → +0.031%
- −$19.96
- Slippage, 4 orders
- −$33.04
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$142.62
- Costs to cover
- 0.520%
- Break-even
- never at this rate
Slippage from edgeX: 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 edgeX live order book, 3 min ago | 7.82 bp | 13.1 bp −$13 | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 4.92 bp | 14.8 bp −$15 | 20.3 bp −$203 | 43.4 bp −$4,336 | doesn't fit |
NEAR on 45 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSDshort | −0.0236% | 1h | 4.4749 | −0.169% | $7.4M | $36.9M | 50x | |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4684 | −0.314% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4644 | −0.403% | $109K | $53K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4697 | −0.285% | $842K | $26.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4671 | −0.343% | $168K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.618% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4700 | −0.278% | $123K | $504K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4790 | −0.078% | $2.6M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4790 | −0.078% | $271.7M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4790 | −0.078% | $231.2M | $426.8M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4780 | −0.100% | $64.1M | $297.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4750 | −0.167% | $267K | $12K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4800 | −0.055% | $39.9M | $62.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4810 | −0.033% | $75.7M | $168.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4810 | −0.033% | $53.2M | $43.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4767 | −0.129% | $74.3M | $126.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4790 | −0.078% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4714 | −0.248% | $8.9M | $16.4M | — | as long as short |
| edgeX NEARUSDClong | +0.0100% | 4h | 4.4825 | long leg | $265K | $871K | 20x | |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4781 | −0.099% | $1.5M | $1.7M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4820 | −0.011% | $167K | $822K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4718 | −0.238% | $270K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4752 | −0.162% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4820 | −0.011% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4775 | −0.111% | $5K | $34K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4740 | −0.189% | $464K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4790 | −0.078% | $3.3M | $8.0M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4658 | −0.371% | $33K | $245 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4765 | −0.133% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4768 | −0.127% | $208K | $38K | 3x | as long as short |
| Hyperliquid NEAR | +0.0172% | 1h | 4.4816 | −0.020% | $361.0M | $314.9M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0200% | 1h | 4.4690 | −0.301% | $13K | $4K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4700 | −0.278% | $12.9M | $32.4M | 75x | as long as short |
| Nado NEAR-PERP | +0.0224% | 1h | 4.4745 | −0.178% | $1.8M | $3.1M | 10x | as long as short |
| Lighter NEAR | +0.0232% | 1h | 4.4810 | −0.034% | $17.5M | $23.3M | 15x | as long as short |
| Lighter RH NEAR | +0.0296% | 1h | 4.4817 | −0.017% | $1.5M | $5.9M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0341% / S −0.0226% | 1h | 4.4650 | −0.389% | $262K | — | 100x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.4720 | −0.234% | $226K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.4698 | −0.283% | $632K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0504% | 1h | 4.4721 | −0.231% | $2.3M | $17.5M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0600% | 1h | 4.4822 | −0.006% | $1.1M | $7.1M | 20x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.4913 | +0.197% | $1.7M | $2.7M | 10x | as long as short |
| Pacifica NEAR | +0.0851% | 1h | 4.4671 | −0.344% | $418K | $1.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0890% | 1h | 4.4795 | −0.066% | $1.9M | $13.0M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1113% | 1h | 4.4789 | −0.079% | $6K | $6K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Hyperliquid NEAR
01 Exchange NEARUSD
BloFin NEAR-USDT
Nado NEAR-PERP
Lighter NEAR
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
Arcus NEAR-USD
RISEx NEAR/USDC
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD