Funding you earn now, next payment 03:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.14 per $10,000 · paid last 24h −0.045%
Price spread now: Coinbase International against Aevo+0.255%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1621.621% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)−0.346%−$35 · spread now +0.255%, 7d avg −0.033%
=The price spread pays, funding is against you. Coinbase International is 0.288% dearer against Aevo than usual: you sell high and buy low (spread +0.255% now, against its 7-day average of −0.033%): +$29 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo NEAR-PERP | 4.4315 | 0.0104 | pay 0.0013% / 1h | 39m 26s | $206K | $40K | 3x |
| Short | Coinbase International NEAR-PERP-INTX | 4.4428 | −0.0008 | pay 0.0001% / 1h | 39m 26s | $2.2M | $15.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aevo. 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
- −$23.52
- Price spread: +0.255% → −0.033%
- $28.82
- Slippage, 4 orders
- −$136.14
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$156.84
- Costs to cover
- 1.621%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 19 min ago; Coinbase International: live order book, 5 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 Aevo live order book, 19 min ago | 58.10 bp | 66.1 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 5.49 bp | 11.9 bp −$12 | 20.7 bp −$207 | 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 | 4.4137 | −0.401% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | −0.0008% | 1h | 4.4428 | +0.255% | $2.2M | $15.4M | 50x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4113 | −0.456% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4524 | +0.472% | $623K | $21.9M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4149 | −0.375% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.555% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4100 | −0.485% | $116K | $516K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4151 | −0.371% | $422K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4170 | −0.328% | $270.1M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4150 | −0.372% | $221.8M | $424.4M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4160 | −0.350% | $62.8M | $299.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4550 | +0.530% | $254K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4146 | −0.381% | $32.0M | $63.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4190 | −0.282% | $74.1M | $148.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4110 | −0.463% | $54.8M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4139 | −0.397% | $72.6M | $130.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.4160 | −0.350% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4567 | +0.568% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4571 | +0.577% | $267K | $976K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4605 | +0.655% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4600 | +0.643% | $171K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4126 | −0.426% | $238K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4187 | −0.289% | $56K | $220K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4390 | +0.169% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4242 | −0.165% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4340 | +0.056% | $461K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4270 | −0.102% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4088 | −0.513% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERPlong | +0.0104% | 1h | 4.4315 | long leg | $206K | $40K | 3x | |
| Hyperliquid NEAR | +0.0172% | 1h | 4.4129 | −0.420% | $364.4M | $324.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0200% | 1h | 4.4058 | −0.581% | $4.0M | $19.6M | 25x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4590 | +0.621% | $14.1M | $33.3M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0223% | 1h | 4.4247 | −0.153% | $1.3M | $6.6M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0240% | 1h | 4.4127 | −0.424% | $13K | $7K | 10x | as long as short |
| Aster NEARUSDT | +0.0293% | 8h | 4.4122 | −0.436% | $3.0M | $5.5M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0314% | 1h | 4.4320 | +0.011% | $2.0M | $6.8M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0329% / S −0.0206% | 1h | 4.4142 | −0.390% | $239K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0472% | 1h | 4.4191 | −0.280% | $1.5M | $7.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0562% | 1h | 4.4139 | −0.397% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4490 | +0.395% | $220K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0587% | 1h | 4.4237 | −0.176% | $8.2M | $39.9M | 50x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4453 | +0.311% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.0824% | 1h | 4.4240 | −0.170% | $17.8M | $26.2M | 15x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4133 | −0.411% | $560K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1570% | 1h | 4.4505 | +0.429% | $6K | $12K | 10x | as long as short |
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
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-USDC
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
Hyperliquid NEAR
Extended NEAR-USD
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Aster NEARUSDT
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Kraken Futures PF_NEARUSD
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD