Funding you earn now, next payment 04:00 UTC+0.0196%/8h= +21.4% APRpaid last 24h +0.094%
Price spread now: Backpack against HTX−0.093%7-day average −0.173% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$680.683% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)−0.592%−$59 · spread now −0.093%, 7d avg −0.173%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Backpack is 0.080% dearer against HTX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.173%. Mind the row above: over the last 7 days funding on this pair cost −0.189%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NEAR-USDT | 4.4140 | 0.0100 | pay 0.0100% / 8h | 4h 20m | $457K | $4.0M | 75x |
| Short | Backpack NEAR_USDC_PERP | 4.4099 | 0.0296 | get 0.0037% / 1h | 20m 33s | $1.4M | $6.5M | 20x |
HTX NEAR-USDT
Backpack NEAR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against HTX. 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
- $41.13
- Price spread: −0.093% → −0.173%
- $7.97
- Slippage, 4 orders
- −$46.31
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$19.21
- Costs to cover
- 0.683%
- Break-even
- 10.3 days
Slippage from HTX: live order book, 3 min ago; Backpack: 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 HTX live order book, 3 min ago | 13.56 bp | 24.5 bp −$25 | 56.3 bp −$563 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 4 min ago | 2.15 bp | 9.4 bp −$9 | 18.4 bp −$184 | 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 | 4.4067 | −0.166% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4022 | −0.267% | $2.3M | $15.4M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4022 | −0.268% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4109 | −0.070% | $600K | $22.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4052 | −0.198% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.185% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4070 | −0.159% | $113K | $518K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4054 | −0.195% | $421K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4100 | −0.091% | $270.8M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4040 | −0.227% | $221.5M | $424.3M | 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 | 4.4050 | −0.204% | $62.6M | $299.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4098 | −0.095% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4083 | −0.129% | $32.0M | $63.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4080 | −0.136% | $74.3M | $149.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4060 | −0.181% | $54.6M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4073 | −0.152% | $72.4M | $130.5M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4070 | −0.159% | — | $147.5M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4057 | −0.188% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4206 | +0.149% | $265K | $977K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4210 | +0.159% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4050 | −0.204% | $169K | $802K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4108 | −0.072% | $232K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4075 | −0.147% | $56K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4180 | +0.091% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDTlong | +0.0100% | 8h | 4.4140 | long leg | $457K | $4.0M | 75x | |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4110 | −0.068% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4037 | −0.234% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4105 | −0.079% | $205K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0106% | 1h | 4.4055 | −0.193% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4110 | −0.068% | $13.9M | $32.8M | 75x | as long as short |
| Backpack NEAR_USDC_PERPshort | +0.0296% | 1h | 4.4099 | −0.093% | $1.4M | $6.5M | 20x | |
| Aster NEARUSDT | +0.0303% | 8h | 4.4095 | −0.103% | $3.0M | $5.5M | 50x | as long as short |
| Hyperliquid NEAR | +0.0305% | 1h | 4.4084 | −0.127% | $363.6M | $324.6M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.4120 | −0.045% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0190% | 1h | 4.4035 | −0.238% | $233K | — | 100x | as long as short |
| Extended NEAR-USD | +0.0352% | 1h | 4.4044 | −0.218% | $3.9M | $19.7M | 25x | as long as short |
| Nado NEAR-PERP | +0.0540% | 1h | 4.4065 | −0.170% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4120 | −0.045% | $218K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0589% | 1h | 4.4086 | −0.122% | $8.1M | $39.7M | 50x | as long as short |
| Lighter RH NEAR | +0.0608% | 1h | 4.4108 | −0.072% | $1.5M | $7.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0749% | 1h | 4.4093 | −0.106% | $2.0M | $7.3M | 25x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4289 | +0.338% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.0920% | 1h | 4.4101 | −0.087% | $17.8M | $26.5M | 15x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4119 | −0.047% | $590K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1487% | 1h | 4.4118 | −0.050% | $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
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
SoDEX NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
Hyperliquid NEAR
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Extended NEAR-USD
Nado NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD