Funding you earn now, next payment 08:00 UTC+0.0538%/8h= +58.9% APRnext payment +$0.67 per $10,000 · paid last 24h +0.064%
Price spread now: Arcus against Polymarket Perps+0.032%50s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.267% of the position
Funding, last 4 days (all we have)+0.360%+$36 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now +0.032%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Arcus is 0.032% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 50 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 | Polymarket Perps NEAR-USD | 4.3566 | 0.0100 | pay 0.0013% / 1h | 3m 39s | $274K | $4.1M | 10x |
| Short | Arcus NEAR-USD | 4.3580 | 0.0638 | get 0.0080% / 1h | 3m 39s | $228K | $1.5M | 10x |
Polymarket Perps NEAR-USD
Arcus NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Polymarket Perps. 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
- $112.91
- Price spread: +0.032% → +0.001%
- $3.15
- Slippage, 4 orders
- −$14.25
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $89.32
- Costs to cover
- 0.267%
- Break-even
- 1.5 days
Slippage from Polymarket Perps: live order book, 5 min ago; Arcus: 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 Polymarket Perps live order book, 5 min ago | 0.80 bp | 8.0 bp −$8 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell Arcus live order book, just now | 3.45 bp | 6.8 bp −$7 | 10.7 bp −$107 | 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 | 4.3470 | −0.220% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3462 | −0.238% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3400 | −0.380% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3440 | −0.290% | $7.2M | $38.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.949% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3570 | +0.009% | $114K | $499K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3573 | +0.016% | $219.6M | $430.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3570 | +0.009% | $61.4M | $295.8M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3750 | +0.422% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3571 | +0.011% | $35.9M | $63.2M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3490 | −0.174% | $52.7M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3561 | −0.011% | $72.1M | $127.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3549 | −0.039% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3722 | +0.359% | $253K | $896K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3681 | +0.265% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3680 | +0.262% | $167K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USDlong | +0.0100% | 1h | 4.3566 | long leg | $274K | $4.1M | 10x | |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3448 | −0.271% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3650 | +0.193% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3433 | −0.305% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3450 | −0.266% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3587 | +0.049% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3571 | +0.011% | $3.6M | $16.4M | 25x | as long as short |
| Aster NEARUSDT | +0.0105% | 8h | 4.3495 | −0.164% | $2.7M | $4.8M | 50x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3461 | −0.241% | $202K | $38K | 3x | as long as short |
| Hyperliquid NEAR | +0.0132% | 1h | 4.3508 | −0.133% | $350.6M | $316.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0144% | 8h | 4.3560 | −0.013% | $263.2M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0146% | 8h | 4.3580 | +0.032% | $88.9M | $154.7M | 200x | as long as short |
| BingX NEAR-USDT | +0.0155% | 8h | 4.3570 | +0.009% | — | $83.1M | — | as long as short |
| HTX NEAR-USDT | +0.0158% | 8h | 4.3500 | −0.151% | $463K | $3.8M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0169% | 8h | 4.3475 | −0.209% | $942K | $25.1M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0232% | 1h | 4.3587 | +0.048% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0266% | 8h | 4.3670 | +0.239% | $13.4M | $32.2M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0342% / S −0.0242% | 1h | 4.3462 | −0.238% | $253K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0365% | 1h | 4.3534 | −0.074% | $1.6M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0471% | 1h | 4.3506 | −0.138% | $1.1M | $7.2M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3494 | −0.165% | $2.3M | $16.9M | 50x | as long as short |
| Lighter RH NEAR | +0.0496% | 1h | 4.3543 | −0.053% | $1.5M | $6.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0510% | 1h | 4.3469 | −0.223% | $1.9M | $13.1M | 25x | as long as short |
| Lighter NEAR | +0.0560% | 1h | 4.3617 | +0.116% | $17.2M | $25.4M | 15x | as long as short |
| Arcus NEAR-USDshort | +0.0638% | 1h | 4.3580 | +0.032% | $228K | $1.5M | 10x | |
| Pacifica NEAR | +0.0949% | 1h | 4.3557 | −0.021% | $411K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3865 | +0.686% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3563 | −0.006% | $604K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1115% | 1h | 4.3615 | +0.112% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
Aevo NEAR-PERP
Hyperliquid NEAR
Binance NEARUSDT
MEXC NEAR_USDT
BingX NEAR-USDT
HTX NEAR-USDT
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD