Funding you earn now, next payment 10:00 UTC+0.0241%/8h= +26.4% APRpaid last 24h −0.112%
Price spread now: BingX against Kraken Futures−0.344%53s7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as 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−$470.472% of the position
Funding, last 7 days−0.275%−$28 on $10k
+Price spread, last 4 days (all we have)−0.819%−$82 · spread now −0.344%, 7d avg −0.056%
=Funding pays, the price is against you. BingX is 0.288% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.344% now, against its 7-day average of −0.056%). If the spread goes back, that is −$29 on $10k: about 4.0 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.275%, so the current rate has only just turned in your favour. The two prices were read 53 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 | Kraken Futures PF_NEARUSD | 4.4764 | −0.0141 | get 0.0018% / 1h | 54m 26s | $7.3M | $38.6M | 50x |
| Short | BingX NEAR-USDT | 4.4610 | 0.0100 | get 0.0100% / 8h | 6h 54m | — | $82.8M | — |
Kraken Futures PF_NEARUSD
BingX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- $50.66
- Price spread: −0.344% → −0.056%
- −$28.84
- Slippage, 4 orders
- −$27.24
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$25.42
- Costs to cover
- 0.472%
- Break-even
- 10.5 days
Slippage from Kraken Futures: live order book, 5 min ago; BingX: live order book, 10 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 Kraken Futures live order book, 5 min ago | 5.64 bp | 21.1 bp −$21 | 33.9 bp −$339 | 126.7 bp −$12.7K | 10943.6 bp −$5.47M |
| Sell BingX live order book, 10 min ago | 1.10 bp | 6.1 bp −$6 | 8.8 bp −$88 | 16.4 bp −$1,644 | 44.1 bp −$22.1K |
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 | 4.4656 | −0.241% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSDlong | −0.0141% | 1h | 4.4764 | long leg | $7.3M | $38.6M | 50x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4682 | −0.183% | $109K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5437 | +1.503% | $170K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.493% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4740 | −0.054% | $119K | $517K | 50x | as long as short |
| Hyperliquid NEAR | +0.0100% | 1h | 4.4685 | −0.177% | $361.5M | $322.6M | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4611 | −0.342% | $2.6M | $4.8M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4637 | −0.284% | $271.2M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4623 | −0.315% | $231.7M | $436.6M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Hyperliquid NEAR
Aster NEARUSDT
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 | 4.4620 | −0.322% | $63.6M | $306.3M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.4800 | +0.080% | $231K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5308 | +1.215% | $261K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4605 | −0.355% | $38.3M | $61.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4590 | −0.389% | $80.4M | $163.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4670 | −0.210% | $53.1M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4635 | −0.288% | $73.7M | $128.7M | 75x | as long as short |
| BingX NEAR-USDTshort | +0.0100% | 8h | 4.4610 | −0.344% | — | $82.8M | — | |
| Variational Omni NEAR | +0.0100% | 8h | 4.5146 | +0.854% | $9.4M | $17.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5342 | +1.291% | $268K | $881K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5350 | +1.309% | $1.5M | $1.6M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4673 | −0.203% | $278K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4644 | −0.268% | $58K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4870 | +0.237% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4825 | +0.136% | $5K | $44K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4850 | +0.192% | $3.4M | $8.0M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4716 | −0.106% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4826 | +0.138% | $208K | $38K | 3x | as long as short |
| Paradex NEAR-USD-PERP | +0.0108% | 8h | 4.4723 | −0.092% | $32K | $413 | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0123% | 8h | 4.4881 | +0.261% | $775K | $25.6M | 2.2x | as long as short |
| HTX NEAR-USDT | +0.0129% | 8h | 4.4950 | +0.415% | $476K | $3.8M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0160% | 1h | 4.4742 | −0.049% | $13K | $5K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4900 | +0.304% | $12.8M | $33.0M | 75x | as long as short |
| Lighter NEAR | +0.0288% | 1h | 4.4747 | −0.038% | $17.6M | $23.4M | 15x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0330% | 1h | 4.4819 | +0.123% | $1.9M | $13.1M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0341% / S −0.0235% | 1h | 4.4856 | +0.204% | $258K | — | 100x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.4846 | +0.183% | $2.3M | $17.9M | 50x | as long as short |
| Lighter RH NEAR | +0.0528% | 1h | 4.4744 | −0.045% | $1.5M | $6.0M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.4749 | −0.033% | $635K | $1.6M | 10x | as long as short |
| Nado NEAR-PERP | +0.0625% | 1h | 4.4675 | −0.199% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0685% | 1h | 4.4796 | +0.071% | $1.1M | $7.1M | 20x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.5188 | +0.947% | $1.7M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.4726 | −0.085% | $422K | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0995% | 1h | 4.5320 | +1.242% | $169K | $827K | 50x | as long as short |
| Aftermath Perps NEARUSD | +0.1257% | 1h | 4.5143 | +0.846% | $6K | $7K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Paradex NEAR-USD-PERP
Kalshi KXNEARPERP
HTX NEAR-USDT
01 Exchange NEARUSD
BloFin NEAR-USDT
Lighter NEAR
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
RISEx NEAR/USDC
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
ApeX Omni NEARUSDT
Aftermath Perps NEARUSD