Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Orderly+0.418%53s7-day average +0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.586%−$59 · spread now +0.418%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.411% dearer against Orderly than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of +0.007%. 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 | Orderly PERP_NEAR_USDC | 4.4028 | 0.0100 | pay 0.0100% / 8h | 1h 26m | $59K | $236K | 20x |
| Short | Polymarket Perps NEAR-USD | 4.4212 | 0.0100 | get 0.0013% / 1h | 26m 23s | $293K | $4.1M | 10x |
Orderly PERP_NEAR_USDC
Polymarket Perps NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- Price spread: +0.418% → +0.007%
- $41.12
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $27.12
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Polymarket Perps: live order book, 3 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 Polymarket Perps live order book, 3 min ago | 2.85 bp | 7.0 bp −$7 | 16.2 bp −$162 | doesn't fit | doesn't fit |
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 | 4.4187 | +0.360% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4161 | +0.302% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4186 | +0.358% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.946% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4180 | +0.345% | $112K | $491K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4196 | +0.382% | $224.0M | $434.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4200 | +0.391% | $62.3M | $296.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4350 | +0.731% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4112 | +0.191% | $35.4M | $61.6M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4210 | +0.413% | $53.5M | $46.1M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4191 | +0.370% | $72.6M | $127.4M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4217 | +0.430% | $8.8M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4018 | −0.022% | $257K | $914K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4010 | −0.041% | $166K | $805K | 50x | as long as short |
| Polymarket Perps NEAR-USDshort | +0.0100% | 1h | 4.4212 | +0.418% | $293K | $4.1M | 10x | |
| Orderly PERP_NEAR_USDClong | +0.0100% | 8h | 4.4028 | long leg | $59K | $236K | 20x | |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4070 | +0.095% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4100 | +0.164% | $463K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4040 | +0.027% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0105% | 8h | 4.4133 | +0.239% | $32K | $585 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0113% | 8h | 4.4260 | +0.527% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.4045 | +0.039% | $205K | $38K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0170% | 1h | 4.4015 | −0.030% | $5K | $52K | 10x | as long as short |
| Extended NEAR-USD | +0.0192% | 1h | 4.4134 | +0.242% | $3.7M | $18.4M | 25x | as long as short |
| BingX NEAR-USDC | +0.0194% | 8h | 4.4200 | +0.391% | — | $6.7M | — | as long as short |
| MEXC NEAR_USDT | +0.0201% | 8h | 4.4220 | +0.436% | $80.8M | $148.8M | 200x | as long as short |
| Binance NEARUSDT | +0.0201% | 8h | 4.4230 | +0.459% | $269.9M | $1.09B | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0259% | 8h | 4.4018 | −0.023% | $1.0M | $25.0M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0304% | 8h | 4.4199 | +0.389% | $2.8M | $5.0M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0198% | 1h | 4.3978 | −0.113% | $234K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0321% | 8h | 4.4060 | +0.073% | $13.7M | $32.5M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0413% | 1h | 4.4036 | +0.018% | $1.4M | $6.8M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0424% | 1h | 4.4059 | +0.070% | $2.3M | $16.7M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0440% | 1h | 4.4213 | +0.420% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0463% | 1h | 4.4240 | +0.481% | $361.0M | $315.0M | 10x | as long as short |
| Nado NEAR-PERP | +0.0596% | 1h | 4.4173 | +0.329% | $1.7M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0663% | 1h | 4.4001 | −0.061% | $7.3M | $38.4M | 50x | as long as short |
| Lighter NEAR | +0.0832% | 1h | 4.4125 | +0.219% | $17.3M | $25.2M | 15x | as long as short |
| Arcus NEAR-USD | +0.0880% | 1h | 4.4200 | +0.391% | $224K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0912% | 1h | 4.4124 | +0.218% | $1.5M | $6.7M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0932% | 1h | 4.4042 | +0.032% | $1.9M | $13.1M | 25x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.4297 | +0.611% | $1.8M | $2.5M | 10x | as long as short |
| Pacifica NEAR | +0.1187% | 1h | 4.4100 | +0.164% | $421K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1253% | 1h | 4.4200 | +0.392% | $5K | $12K | 10x | as long as short |
| RISEx NEAR/USDC | +0.1259% | 1h | 4.4229 | +0.456% | $665K | $1.4M | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
SoDEX NEAR-USD
Extended NEAR-USD
BingX NEAR-USDC
MEXC NEAR_USDT
Binance NEARUSDT
Kalshi KXNEARPERP
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
Hyperliquid NEAR
Nado NEAR-PERP
Kraken Futures PF_NEARUSD
Lighter NEAR
Arcus NEAR-USD
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD
RISEx NEAR/USDC