Funding you earn now, next payment 20:00 UTC−0.0036%/8hpaid last 24h +0.039%
Price spread now: Deribit against OKX−0.108%7-day average +0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$350.350% of the position
Funding, last 7 days+0.307%+$31 on $10k
+Price spread, last 3 days (all we have)+0.292%+$29 · spread now −0.108%, 7d avg +0.100%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.209% cheaper against OKX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.100%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.307%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NEAR-USDT-SWAP | 4.1510 | 0.0100 | pay 0.0100% / 8h | 4h 23m | $57.2M | $287.2M | 50x |
| Short | Deribit NEAR_USDC-PERPETUAL | 4.1465 | 0.0064 | get 0.0008% / 1h | 23m 09s | $1.8M | $2.0M | 25x |
OKX NEAR-USDT-SWAP
Deribit NEAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against OKX. 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
- −$7.56
- Price spread: −0.108% → +0.100%
- −$20.88
- Slippage, 4 orders
- −$18.01
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$63.45
- Costs to cover
- 0.350%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Deribit: live order book, just now.
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 OKX live order book, 5 min ago | 1.21 bp | 8.9 bp −$9 | 15.4 bp −$154 | 31.9 bp −$3,191 | doesn't fit |
| Sell Deribit live order book, just now | 3.13 bp | 6.6 bp −$7 | 132.2 bp −$1,322 | 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 | 4.1435 | −0.181% | $2K | — | 20x | as long as short |
| Extended NEAR-USD | −0.0024% | 1h | 4.1430 | −0.193% | $3.5M | $14.1M | 25x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1391 | −0.287% | $104K | $54K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1418 | −0.222% | $432K | $20.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1456 | −0.130% | $202K | — | 150x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0032% | 1h | 4.1445 | −0.157% | $2.1M | $12.7M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUALshort | +0.0064% | 1h | 4.1465 | −0.108% | $1.8M | $2.0M | 25x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1470 | −0.096% | $105K | $498K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1454 | −0.135% | $2.8M | $5.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1445 | −0.158% | $237.0M | $1.11B | 75x | as long as short |
Reya NEARRUSDPERP
Extended NEAR-USD
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | +0.0100% | 8h | 4.1490 | −0.048% | $207.8M | $429.0M | 75x | as long as short |
| OKX NEAR-USDT-SWAPlong | +0.0100% | 8h | 4.1510 | long leg | $57.2M | $287.2M | 50x | |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1440 | −0.169% | $244K | $1.6M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1127 | −0.923% | $235K | $4K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1472 | −0.092% | $29.2M | $56.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1510 | 0.000% | $81.9M | $145.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1470 | −0.096% | $57.9M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1519 | +0.022% | $69.6M | $126.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.1500 | −0.024% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1325 | −0.446% | $7.6M | $18.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1249 | −0.630% | $262K | $1.3M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1280 | −0.554% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1250 | −0.626% | $112K | $754K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1469 | −0.099% | $220K | $3.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.1453 | −0.137% | $52K | $163K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1490 | −0.048% | $2K | $1.5M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1535 | +0.060% | $5K | $45K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1460 | −0.120% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1403 | −0.258% | $30K | $2K | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1430 | −0.193% | $200K | $66K | 3x | as long as short |
| Injective NEAR/USDC PERP | +0.0120% | 1h | 4.1000 | −1.229% | $572 | $150K | 12x | as long as short |
| 01 Exchange NEARUSD | +0.0200% | 1h | 4.1495 | −0.036% | $12K | $8K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1420 | −0.217% | $12.6M | $33.2M | 75x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0241% | 1h | 4.1486 | −0.059% | $7.4M | $34.5M | 50x | as long as short |
| Lighter RH NEAR | +0.0248% | 1h | 4.1504 | −0.014% | $1.4M | $7.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0290% | 1h | 4.1435 | −0.181% | $1.8M | $3.9M | 10x | as long as short |
| Pacifica NEAR | +0.0319% | 1h | 4.1408 | −0.246% | $438K | $1.1M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0372% / S −0.0312% | 1h | 4.1439 | −0.171% | $272K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0378% | 1h | 4.1497 | −0.031% | $397K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0618% | 1h | 4.1391 | −0.287% | $1.7M | $2.7M | 10x | as long as short |
| Lighter NEAR | +0.0680% | 1h | 4.1514 | +0.010% | $15.4M | $22.5M | 15x | as long as short |
| Hyperliquid NEAR | +0.0840% | 1h | 4.1577 | +0.161% | $349.4M | $304.5M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0956% | 1h | 4.1568 | +0.140% | $1.5M | $4.7M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.1083% | 1h | 4.1308 | −0.487% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1246% | 8h | 4.1580 | +0.169% | $452K | $4.1M | 75x | as long as short |
Bybit NEARUSDT
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC 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
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Injective NEAR/USDC PERP
01 Exchange NEARUSD
BloFin NEAR-USDT
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Nado NEAR-PERP
Pacifica NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Phoenix NEAR
Lighter NEAR
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD
HTX NEAR-USDT