Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.009%
Price spread now: Bybit against Orderly+0.030%7-day average −0.041% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)−0.153%−$15 · spread now +0.030%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.071% dearer against Orderly than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NEAR_USDC | 4.3087 | 0.0098 | pay 0.0098% / 8h | 7h 02m | $57K | $162K | 20x |
| Short | Bybit NEARUSDT | 4.3100 | 0.0100 | get 0.0100% / 8h | 7h 02m | $220.7M | $415.8M | 75x |
Orderly PERP_NEAR_USDC
Bybit NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- $0.32
- Price spread: +0.030% → −0.041%
- $7.07
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$9.62
- Costs to cover
- 0.170%
- Break-even
- 219.3 days
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 1.16 bp | 8.7 bp −$9 | 14.5 bp −$145 | 32.4 bp −$3,240 | 230.8 bp −$115.4K |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.3058 | −0.067% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.3095 | +0.018% | $7.9M | $38.0M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3074 | −0.030% | $2.1M | $13.2M | 50x | as long as short |
| Phemex NEARUSDT | −0.0043% | 8h | 4.3070 | −0.039% | $3.8M | $8.4M | 50x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3077 | −0.023% | $380K | $18.7M | 2.2x | as long as short |
| dYdX NEAR-USD | +0.0004% | 1h | 4.3153 | +0.153% | $112K | $64K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3050 | −0.086% | $157K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0010% | 8h | 4.3057 | −0.070% | $8.2M | $18.8M | — | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.892% | $578 | $302K | 12x | as long as short |
| 01 Exchange NEARUSD | +0.0048% | 1h | 4.3125 | +0.088% | $13K | $7K | 10x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
Phemex NEARUSDT
Kalshi KXNEARPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Injective NEAR/USDC PERP
01 Exchange NEARUSDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDT | +0.0096% | 1h | 4.3110 | +0.053% | $115K | $474K | 50x | as long as short |
| Orderly PERP_NEAR_USDClong | +0.0098% | 8h | 4.3087 | long leg | $57K | $162K | 20x | |
| Aster NEARUSDT | +0.0100% | 8h | 4.3124 | +0.086% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3190 | +0.239% | $402K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3090 | +0.007% | $257.1M | $1.05B | 75x | as long as short |
| Bybit NEARUSDTshort | +0.0100% | 8h | 4.3100 | +0.030% | $220.7M | $415.8M | 75x | |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3090 | +0.007% | $61.0M | $276.1M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3120 | +0.077% | $204K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3243 | +0.361% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3087 | 0.000% | $30.9M | $61.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3100 | +0.030% | $74.5M | $142.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3120 | +0.077% | $55.8M | $42.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3102 | +0.035% | $71.4M | $122.3M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3110 | +0.053% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3270 | +0.425% | $258K | $1.1M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3356 | +0.624% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3140 | +0.123% | $177K | $776K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3105 | +0.042% | $202K | $3.4M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3150 | +0.146% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3065 | −0.051% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3200 | +0.262% | $455K | $3.6M | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3107 | +0.047% | $31K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3058 | −0.067% | $3.8M | $17.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3059 | −0.064% | $200K | $31K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3140 | +0.123% | $13.2M | $27.6M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0238% | 1h | 4.3076 | −0.026% | $1.9M | $3.9M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0308% | 1h | 4.3044 | −0.100% | $275K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0422% | 1h | 4.3090 | +0.007% | $1.9M | $3.1M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3121 | +0.079% | $407K | $1.2M | 10x | as long as short |
| Hyperliquid NEAR | +0.0467% | 1h | 4.3178 | +0.211% | $366.2M | $301.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0491% | 1h | 4.3139 | +0.121% | $1.3M | $5.9M | 20x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3218 | +0.304% | $1.8M | $2.7M | 10x | as long as short |
| Lighter RH NEAR | +0.0504% | 1h | 4.3170 | +0.193% | $1.6M | $7.0M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1498% | 1h | 4.3229 | +0.330% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1776% | 1h | 4.3163 | +0.176% | $17.3M | $24.8M | 15x | as long as short |
Popdex NEARUSDT
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
RISEx NEAR/USDC
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Phoenix NEAR
Lighter RH NEAR
Aftermath Perps NEARUSD
Lighter NEAR