Funding you earn now, next payment 06:00 UTC−0.0497%/8h= −54.4% APRnext payment −$0.62 per $10,000 · paid last 24h −0.049%
Price spread now: Kraken Futures against RISEx−0.731%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$390.391% of the position
Funding, last 4 days (all we have)−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)+0.854%+$85 · spread now −0.731%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Kraken Futures is 0.718% cheaper against RISEx than usual: you would sell low and buy high (−$72 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx NEAR/USDC | 4.4061 | 0.1220 | pay 0.0153% / 1h | 7m 30s | $686K | $1.3M | 10x |
| Short | Kraken Futures PF_NEARUSD | 4.3739 | 0.0723 | get 0.0090% / 1h | 7m 30s | $7.3M | $39.0M | 50x |
RISEx NEAR/USDC
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against RISEx. 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
- −$104.38
- Price spread: −0.731% → −0.013%
- −$71.85
- Slippage, 4 orders
- −$23.06
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$215.29
- Costs to cover
- 0.391%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 1 min ago; Kraken Futures: live order book, 2 min ago.
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 RISEx live order book, 1 min ago | 0.89 bp | 3.9 bp −$4 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 7.54 bp | 12.9 bp −$13 | 14.9 bp −$149 | 41.9 bp −$4,187 | 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 | 4.4066 | +0.011% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3837 | −0.508% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4059 | −0.005% | $166K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.016% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4030 | −0.070% | $116K | $497K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4086 | +0.058% | $220.2M | $421.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4090 | +0.067% | $62.3M | $293.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3500 | −1.272% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4072 | +0.026% | $33.6M | $61.1M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4050 | −0.024% | $53.2M | $45.9M | 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 | 4.4059 | −0.004% | $72.4M | $126.7M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3607 | −1.029% | $8.8M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3652 | −0.928% | $255K | $963K | 20x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4067 | +0.014% | $282K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4111 | +0.114% | $58K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3850 | −0.478% | $1K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3900 | −0.365% | $473K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3720 | −0.773% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3876 | −0.418% | $32K | $608 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0102% | 8h | 4.3673 | −0.879% | $1.4M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3793 | −0.608% | $204K | $37K | 3x | as long as short |
| BingX NEAR-USDT | +0.0130% | 8h | 4.4080 | +0.044% | — | $143.5M | — | as long as short |
| Binance NEARUSDT | +0.0133% | 8h | 4.4110 | +0.112% | $268.1M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0133% | 8h | 4.4090 | +0.067% | $83.7M | $146.3M | 200x | as long as short |
| BloFin NEAR-USDT | +0.0250% | 8h | 4.3850 | −0.478% | $13.3M | $32.3M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3867 | −0.439% | $2.3M | $16.2M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0313% / S −0.0201% | 1h | 4.4052 | −0.019% | $236K | — | 100x | as long as short |
| Kalshi KXNEARPERP | +0.0317% | 8h | 4.3779 | −0.639% | $1.0M | $24.6M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0338% | 8h | 4.4098 | +0.085% | $2.9M | $5.2M | 50x | as long as short |
| Nado NEAR-PERP | +0.0391% | 1h | 4.4073 | +0.027% | $1.7M | $3.2M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0417% | 1h | 4.3640 | −0.955% | $167K | $796K | 50x | as long as short |
| Extended NEAR-USD | +0.0472% | 1h | 4.4012 | −0.109% | $3.7M | $19.3M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0514% | 1h | 4.3745 | −0.716% | $5K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0676% | 1h | 4.4117 | +0.128% | $362.8M | $310.8M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0688% | 1h | 4.3776 | −0.646% | $1.3M | $6.6M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0712% | 1h | 4.4076 | +0.035% | $13K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSDshort | +0.0723% | 1h | 4.3739 | −0.731% | $7.3M | $39.0M | 50x | |
| Arcus NEAR-USD | +0.0814% | 1h | 4.4070 | +0.021% | $228K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0825% | 1h | 4.3787 | −0.621% | $2.0M | $11.9M | 25x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.3888 | −0.392% | $402K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0912% | 1h | 4.3935 | −0.284% | $17.2M | $25.2M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3931 | −0.294% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1104% | 1h | 4.3936 | −0.283% | $1.5M | $7.4M | 10x | as long as short |
| RISEx NEAR/USDClong | +0.1220% | 1h | 4.4061 | long leg | $686K | $1.3M | 10x | |
| Aftermath Perps NEARUSD | +0.1280% | 1h | 4.3673 | −0.881% | $5K | $12K | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
BingX NEAR-USDT
Binance NEARUSDT
MEXC NEAR_USDT
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Kalshi KXNEARPERP
Aster NEARUSDT
Nado NEAR-PERP
ApeX Omni NEARUSDT
Extended NEAR-USD
SoDEX NEAR-USD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
Aftermath Perps NEARUSD