Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.015%
Price spread now: Phemex against Extended+0.103%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.103%, 7d avg +0.064%
=Together, before fees+0.005%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.039% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NEAR-USD | 4.3625 | 0.0104 | pay 0.0013% / 1h | 9m 16s | $3.6M | $16.6M | 25x |
| Short | Phemex NEARUSDT | 4.3670 | 0.0100 | get 0.0100% / 8h | 9m 16s | $3.6M | $8.2M | 50x |
Extended NEAR-USD
Phemex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Extended. 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
- −$0.84
- Price spread: +0.103% → +0.064%
- $3.91
- Slippage, 4 orders
- −$24.36
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$38.29
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; Phemex: live order book, 5 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 Extended live order book, 5 min ago | 0.12 bp | 5.6 bp −$6 | 7.8 bp −$78 | 594.3 bp −$59.4K | doesn't fit |
| Sell Phemex live order book, 5 min ago | 2.29 bp | 17.3 bp −$17 | 42.6 bp −$426 | doesn't fit | 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 | 4.3669 | +0.101% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3676 | +0.117% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3680 | +0.126% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0016% | 1h | 4.3682 | +0.131% | $7.3M | $38.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.077% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3690 | +0.149% | $113K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3642 | +0.039% | $220.4M | $428.5M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3630 | +0.012% | $61.3M | $295.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3601 | −0.056% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3684 | +0.136% | $35.8M | $63.0M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3690 | +0.149% | $53.0M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3636 | +0.025% | $72.1M | $127.8M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3490 | −0.310% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3477 | −0.340% | $252K | $894K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3514 | −0.255% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3440 | −0.424% | $166K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3721 | +0.220% | $278K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3656 | +0.071% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3740 | +0.264% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3680 | +0.126% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDTshort | +0.0100% | 8h | 4.3670 | +0.103% | $3.6M | $8.2M | 50x | |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3685 | +0.138% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USDlong | +0.0104% | 1h | 4.3625 | long leg | $3.6M | $16.6M | 25x | |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3653 | +0.064% | $203K | $38K | 3x | as long as short |
| Aster NEARUSDT | +0.0122% | 8h | 4.3694 | +0.159% | $2.7M | $4.8M | 50x | as long as short |
| Hyperliquid NEAR | +0.0135% | 1h | 4.3718 | +0.213% | $352.5M | $314.9M | 10x | as long as short |
| HTX NEAR-USDT | +0.0155% | 8h | 4.3820 | +0.447% | $466K | $3.8M | 75x | as long as short |
| Binance NEARUSDT | +0.0155% | 8h | 4.3685 | +0.138% | $264.6M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0156% | 8h | 4.3690 | +0.149% | $88.0M | $153.7M | 200x | as long as short |
| BingX NEAR-USDC | +0.0171% | 8h | 4.3690 | +0.149% | — | $6.7M | — | as long as short |
| Kalshi KXNEARPERP | +0.0173% | 8h | 4.3654 | +0.067% | $970K | $25.0M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0232% | 1h | 4.3701 | +0.174% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0275% | 8h | 4.3680 | +0.126% | $13.3M | $32.2M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0341% / S −0.0240% | 1h | 4.3687 | +0.143% | $254K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0372% | 1h | 4.3695 | +0.161% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0460% | 1h | 4.3703 | +0.179% | $1.0M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3753 | +0.294% | $2.3M | $17.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0488% | 1h | 4.3732 | +0.246% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEAR | +0.0552% | 1h | 4.3740 | +0.263% | $17.2M | $25.4M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3700 | +0.172% | $229K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3698 | +0.168% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3782 | +0.360% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3696 | +0.164% | $607K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1079% | 1h | 4.3698 | +0.168% | $1.9M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1100% | 1h | 4.3597 | −0.064% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Aster NEARUSDT
Hyperliquid NEAR
HTX NEAR-USDT
Binance NEARUSDT
MEXC NEAR_USDT
BingX NEAR-USDC
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Arcus NEAR-USD
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD