Funding you earn now, next payment 08:00 UTC+0.1149%/8h= +125.8% APRnext payment +$1.44 per $10,000 · paid last 24h +0.166%
Price spread now: Deribit against Reya+0.104%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Deribit is 0.104% dearer against Reya than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya NEARRUSDPERP | 4.3183 | −0.0171 | get 0.0021% / 1h | 34m 00s | $2K | — | 20x |
| Short | Deribit NEAR_USDC-PERPETUAL | 4.3228 | 0.0978 | get 0.0122% / 1h | 34m 00s | $1.9M | $13.2M | 25x |
Reya NEARRUSDPERP
Deribit NEAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Reya. 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
- $241.26
- Price spread: +0.104% → 0.000%
- $10.4
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $238.66
- Costs to cover
- 0.130%
- Break-even
- 0.1 days
Slippage unknown: Reya: no order-book sample; Deribit: live order book, 5 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 Reya no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 5 min ago | 1.50 bp | 12.6 bp −$13 | 31.1 bp −$311 | doesn't fit | doesn't fit |
Reya: 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 NEARRUSDPERPlong | −0.0171% | 1h | 4.3183 | long leg | $2K | — | 20x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3109 | −0.171% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3182 | −0.002% | $162K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3165 | −0.041% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.106% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3200 | +0.039% | $110K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3177 | −0.014% | $218.0M | $430.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3170 | −0.030% | $60.7M | $291.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3160 | −0.054% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3173 | −0.023% | $35.2M | $62.4M | 75x | as long as short |
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 | 4.3200 | +0.039% | $52.3M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3173 | −0.023% | $71.5M | $128.1M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3217 | +0.078% | $8.7M | $18.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3097 | −0.199% | $250K | $899K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3207 | +0.056% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3080 | −0.239% | $164K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3216 | +0.076% | $283K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3205 | +0.051% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3280 | +0.224% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3195 | +0.028% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3210 | +0.062% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3129 | −0.125% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3179 | −0.010% | $3.6M | $17.2M | 25x | as long as short |
| HTX NEAR-USDT | +0.0123% | 8h | 4.3270 | +0.201% | $461K | $3.8M | 75x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3202 | +0.044% | $201K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0183% | 8h | 4.3183 | 0.000% | $938K | $25.2M | 2.2x | as long as short |
| Binance NEARUSDT | +0.0191% | 8h | 4.3190 | +0.016% | $262.2M | $1.09B | 75x | as long as short |
| Aster NEARUSDT | +0.0192% | 8h | 4.3170 | −0.029% | $2.7M | $4.8M | 50x | as long as short |
| MEXC NEAR_USDT | +0.0193% | 8h | 4.3200 | +0.039% | $83.3M | $150.7M | 200x | as long as short |
| BingX NEAR-USDT | +0.0199% | 8h | 4.3180 | −0.007% | — | $145.1M | — | as long as short |
| Hyperliquid NEAR | +0.0221% | 1h | 4.3208 | +0.058% | $348.6M | $315.4M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0248% | 1h | 4.3214 | +0.072% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0313% | 8h | 4.3190 | +0.016% | $13.3M | $31.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0316% / S −0.0204% | 1h | 4.3175 | −0.018% | $233K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0398% | 1h | 4.3216 | +0.076% | $1.1M | $7.0M | 20x | as long as short |
| Nado NEAR-PERP | +0.0441% | 1h | 4.3190 | +0.015% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3199 | +0.037% | $2.3M | $16.8M | 50x | as long as short |
| Lighter RH NEAR | +0.0544% | 1h | 4.3244 | +0.141% | $1.5M | $6.6M | 10x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3200 | +0.039% | $226K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0672% | 1h | 4.3251 | +0.158% | $17.0M | $25.1M | 15x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3118 | −0.151% | $406K | $1.5M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3179 | −0.009% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3199 | +0.037% | $599K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUALshort | +0.0978% | 1h | 4.3228 | +0.104% | $1.9M | $13.2M | 25x | |
| Aftermath Perps NEARUSD | +0.1246% | 1h | 4.3216 | +0.076% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
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
Extended NEAR-USD
HTX NEAR-USDT
Aevo NEAR-PERP
Kalshi KXNEARPERP
Binance NEARUSDT
Aster NEARUSDT
MEXC NEAR_USDT
BingX NEAR-USDT
Hyperliquid NEAR
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Arcus NEAR-USD
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD