Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Phemex against MEXC−0.562%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+1.493%+$149 · spread now −0.562%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.591% cheaper against MEXC than usual: you would sell low and buy high, −$59 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NEAR_USDT | 4.4510 | 0.0100 | pay 0.0100% / 8h | 7h 20m | $92.3M | $159.5M | 200x |
| Short | Phemex NEARUSDT | 4.4260 | 0.0100 | get 0.0100% / 8h | 7h 20m | $3.5M | $7.7M | 50x |
MEXC NEAR_USDT
Phemex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against MEXC. 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
- Price spread: −0.562% → +0.029%
- −$59.11
- Slippage, 4 orders
- −$37.37
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$108.49
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Phemex: 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 MEXC live order book, 3 min ago | 2.27 bp | 2.3 bp −$2 | 2.9 bp −$29 | 30.9 bp −$3,089 | 79.6 bp −$39.8K |
| Sell Phemex live order book, 3 min ago | 6.79 bp | 19.0 bp −$19 | 46.4 bp −$464 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0427% | 1h | 4.4269 | −0.542% | $7.3M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.4189 | −0.722% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4153 | −0.802% | $108K | $65K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4211 | −0.672% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.965% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4180 | −0.741% | $122K | $501K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4465 | −0.101% | $2.7M | $4.6M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4510 | 0.000% | $268.3M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4514 | +0.009% | $224.6M | $427.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4500 | −0.022% | $62.7M | $299.5M | 50x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.4520 | +0.022% | $225K | $1.5M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | −1.707% | $252K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4503 | −0.016% | $37.5M | $62.4M | 75x | as long as short |
| MEXC NEAR_USDTlong | +0.0100% | 8h | 4.4510 | long leg | $92.3M | $159.5M | 200x | |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4530 | +0.045% | $53.4M | $45.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4471 | −0.088% | $73.4M | $127.1M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4480 | −0.067% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4199 | −0.700% | $9.2M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4218 | −0.657% | $256K | $894K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4259 | −0.565% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4220 | −0.652% | $166K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4180 | −0.741% | $276K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4280 | −0.517% | $57K | $238K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4290 | −0.494% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4270 | −0.539% | $5K | $49K | 10x | as long as short |
| Phemex NEARUSDTshort | +0.0100% | 8h | 4.4260 | −0.562% | $3.5M | $7.7M | 50x | |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.4490 | −0.044% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4462 | −0.108% | $3.7M | $15.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4285 | −0.506% | $206K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0137% | 8h | 4.4246 | −0.593% | $875K | $25.5M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4310 | −0.449% | $12.7M | $32.6M | 75x | as long as short |
| Nado NEAR-PERP | +0.0230% | 1h | 4.4190 | −0.719% | $1.7M | $3.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0281% | 1h | 4.4435 | −0.169% | $360.6M | $315.9M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.4219 | −0.654% | $13K | $6K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0356% / S −0.0259% | 1h | 4.4261 | −0.559% | $260K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0440% | 1h | 4.4565 | +0.124% | $1.5M | $6.5M | 10x | as long as short |
| Lighter NEAR | +0.0480% | 1h | 4.4440 | −0.158% | $17.5M | $24.0M | 15x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.4320 | −0.427% | $2.3M | $17.4M | 50x | as long as short |
| HTX NEAR-USDT | +0.0490% | 8h | 4.4340 | −0.382% | $468K | $3.7M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0542% | 1h | 4.4310 | −0.449% | $1.1M | $7.1M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.4300 | −0.471% | $599K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.4485 | −0.056% | $419K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.4057 | −1.018% | $1.8M | $2.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0767% | 1h | 4.4301 | −0.470% | $1.9M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1016% | 1h | 4.4034 | −1.070% | $6K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
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
Extended NEAR-USD
Aevo NEAR-PERP
Kalshi KXNEARPERP
BloFin NEAR-USDT
Nado NEAR-PERP
Hyperliquid NEAR
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Lighter NEAR
Coinbase International NEAR-PERP-INTX
HTX NEAR-USDT
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD