Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Gate−0.795%78s7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as 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−$460.465% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 4 days (all we have)+1.466%+$147 · spread now −0.795%, 7d avg +0.035%
=Funding pays, the price is against you. BloFin is 0.830% cheaper against Gate than usual: you would sell low and buy high (spread −0.795% now, against its 7-day average of +0.035%). If the spread goes back, that is −$83 on $10k: about 23 days of funding at the current rate (+$4 a day). The two prices were read 78 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 | Gate NEAR_USDT | 4.4776 | 0.0100 | pay 0.0100% / 8h | 5h 25m | $32.5M | $63.1M | 75x |
| Short | BloFin NEAR-USDT | 4.4420 | 0.0220 | get 0.0220% / 8h | 5h 25m | $13.7M | $31.6M | 75x |
Gate NEAR_USDT
BloFin NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $25.2
- Price spread: −0.795% → +0.035%
- −$83.03
- Slippage, 4 orders
- −$19.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$104.33
- Costs to cover
- 0.465%
- Break-even
- 36.0 days
Slippage from Gate: live order book, 3 min ago; BloFin: 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 Gate live order book, 3 min ago | 3.16 bp | 13.5 bp −$14 | 22.0 bp −$220 | 36.4 bp −$3,645 | 52.3 bp −$26.2K |
| Sell BloFin live order book, 3 min ago | 1.13 bp | 7.1 bp −$7 | 9.6 bp −$96 | 38.5 bp −$3,846 | 100.5 bp −$50.3K |
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 | 4.4567 | −0.467% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4769 | −0.016% | $2.3M | $14.8M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4541 | −0.525% | $110K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4711 | −0.145% | $622K | $20.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.4599 | −0.396% | $201K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.517% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4580 | −0.438% | $117K | $490K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4561 | −0.481% | $421K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4820 | +0.098% | $272.1M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4780 | +0.009% | $225.3M | $419.5M | 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 | 4.4750 | −0.058% | $64.3M | $297.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4421 | −0.794% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDTlong | +0.0100% | 8h | 4.4776 | long leg | $32.5M | $63.1M | 75x | |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4780 | +0.009% | $77.8M | $143.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4810 | +0.076% | $56.1M | $44.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4750 | −0.058% | $73.7M | $127.3M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4770 | −0.013% | — | $145.2M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4586 | −0.425% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4398 | −0.845% | $266K | $984K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4397 | −0.845% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4160 | −1.376% | $172K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4617 | −0.355% | $213K | $3.7M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4585 | −0.427% | $61K | $195K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4650 | −0.281% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4759 | −0.038% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4890 | +0.255% | $467K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4770 | −0.013% | $3.9M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4542 | −0.523% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4728 | −0.107% | $3.9M | $18.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4598 | −0.397% | $208K | $34K | 3x | as long as short |
| BloFin NEAR-USDTshort | +0.0220% | 8h | 4.4420 | −0.795% | $13.7M | $31.6M | 75x | |
| Aster NEARUSDT | +0.0240% | 8h | 4.4800 | +0.054% | $3.1M | $5.4M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0353% / S −0.0246% | 1h | 4.4599 | −0.396% | $263K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0360% | 1h | 4.4587 | −0.422% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0390% | 1h | 4.4570 | −0.460% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4600 | −0.393% | $212K | $1.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0545% | 1h | 4.4815 | +0.087% | $1.4M | $6.6M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0580% | 1h | 4.4631 | −0.324% | $1.9M | $4.4M | 25x | as long as short |
| Hyperliquid NEAR | +0.0673% | 1h | 4.4821 | +0.100% | $373.2M | $310.0M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0687% | 1h | 4.4817 | +0.092% | $8.3M | $41.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0688% | 1h | 4.4841 | +0.145% | $1.7M | $6.9M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.4364 | −0.920% | $1.8M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4612 | −0.367% | $538K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.1272% | 1h | 4.4669 | −0.240% | $17.9M | $25.9M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1617% | 1h | 4.4342 | −0.969% | $6K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
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
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Nado NEAR-PERP
Arcus NEAR-USD
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD