Funding you earn now, next payment 03:00 UTC+0.0267%/8h= +29.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.080%
Price spread now: Popdex against Reya+0.165%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$8 a day on $10k at the current rate, and Popdex is 0.165% dearer against Reya than usual: you sell high and buy low: +$17 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 | 4.3538 | −0.0171 | get 0.0021% / 1h | 49m 10s | $2K | — | 20x |
| Short | Popdex NEARUSDT | 4.3610 | 0.0096 | get 0.0012% / 1h | 49m 10s | $114K | $483K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $56.04
- Price spread: +0.165% → 0.000%
- $16.53
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- $60.16
- Costs to cover
- 0.124%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Popdex: live order book, 15 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 Popdex live order book, 15 min ago | 2.29 bp | 7.5 bp −$8 | 54.5 bp −$545 | 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 44 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 | 4.3538 | long leg | $2K | — | 20x | |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.3541 | +0.007% | $2.2M | $14.1M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3622 | +0.193% | $108K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3580 | +0.096% | $548K | $19.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3546 | +0.017% | $197K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.888% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDTshort | +0.0096% | 1h | 4.3610 | +0.165% | $114K | $483K | 50x | |
| Pacifica NEAR | +0.0100% | 1h | 4.3683 | +0.334% | $412K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3624 | +0.197% | $264.8M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3615 | +0.177% | $220.4M | $416.5M | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3610 | +0.165% | $62.1M | $288.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3657 | +0.273% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3560 | +0.050% | $31.4M | $61.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3570 | +0.073% | $75.1M | $139.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3600 | +0.142% | $54.4M | $44.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3543 | +0.011% | $71.5M | $126.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3560 | +0.050% | — | $144.2M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3926 | +0.892% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3800 | +0.603% | $268K | $994K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3910 | +0.854% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3790 | +0.579% | $195K | $778K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3606 | +0.156% | $205K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3559 | +0.048% | $60K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3710 | +0.395% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3565 | +0.062% | $5K | $50K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3640 | +0.234% | $456K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3610 | +0.165% | $3.8M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3644 | +0.242% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3529 | −0.020% | $3.8M | $18.5M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3575 | +0.085% | $203K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0198% | 8h | 4.3590 | +0.119% | $3.0M | $5.5M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0232% | 1h | 4.3575 | +0.085% | $1.9M | $4.3M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0348% / S −0.0244% | 1h | 4.3550 | +0.028% | $255K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0400% | 1h | 4.3689 | +0.347% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.3700 | +0.372% | $208K | $1.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0423% | 1h | 4.3539 | +0.003% | $1.9M | $3.0M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0670% | 1h | 4.3717 | +0.411% | $1.4M | $6.4M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0707% | 1h | 4.3586 | +0.110% | $8.1M | $41.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0752% | 1h | 4.3663 | +0.287% | $1.6M | $6.9M | 10x | as long as short |
| Hyperliquid NEAR | +0.0773% | 1h | 4.3617 | +0.181% | $367.4M | $304.5M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.3944 | +0.932% | $1.8M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.3677 | +0.320% | $551K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.1040% | 1h | 4.3658 | +0.276% | $17.4M | $25.6M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1703% | 1h | 4.3758 | +0.506% | $6K | $12K | 10x | as long as short |
Popdex NEARUSDT
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Hyperliquid NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD