Funding you earn now, next payment 04:00 UTC−0.1470%/8h= −160.9% APRpaid last 24h −0.320%
Price spread now: Phemex against Aftermath Perps−0.641%7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and Phemex is 0.641% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$64 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps NEARUSD | 4.4505 | 0.1570 | pay 0.0196% / 1h | 38m 38s | $6K | $12K | 10x |
| Short | Phemex NEARUSDT | 4.4220 | 0.0100 | get 0.0100% / 8h | 4h 38m | $3.9M | $8.5M | 50x |
Aftermath Perps NEARUSD
Phemex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aftermath 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
- −$308.63
- Price spread: −0.641% → 0.000%
- −$64.07
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$393.69
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Phemex: 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 7.83 bp | 21.1 bp −$21 | 46.7 bp −$467 | doesn't fit | doesn't fit |
Aftermath Perps: 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 NEARRUSDPERP | −0.0171% | 1h | 4.4137 | −0.826% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.4077 | −0.962% | $2.2M | $15.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4146 | −0.807% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4180 | −0.731% | $599K | $22.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4149 | −0.800% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.955% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4100 | −0.910% | $116K | $516K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4136 | −0.829% | $422K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4160 | −0.775% | $270.0M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4112 | −0.883% | $221.6M | $424.4M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow 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 | −0.775% | $62.8M | $299.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4550 | +0.101% | $254K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4190 | −0.708% | $32.0M | $63.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4210 | −0.663% | $74.3M | $148.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4160 | −0.775% | $54.9M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4200 | −0.686% | $72.7M | $130.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4200 | −0.686% | — | $146.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4567 | +0.138% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4571 | +0.147% | $267K | $976K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4605 | +0.225% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4600 | +0.213% | $171K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4126 | −0.852% | $238K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4187 | −0.715% | $56K | $220K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4260 | −0.551% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4165 | −0.764% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4200 | −0.686% | $460K | $4.0M | 75x | as long as short |
| Phemex NEARUSDTshort | +0.0100% | 8h | 4.4220 | −0.641% | $3.9M | $8.5M | 50x | |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4196 | −0.694% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4193 | −0.702% | $205K | $40K | 3x | as long as short |
| Hyperliquid NEAR | +0.0172% | 1h | 4.4200 | −0.686% | $364.8M | $324.4M | 10x | as long as short |
| Extended NEAR-USD | +0.0200% | 1h | 4.4169 | −0.755% | $4.0M | $19.6M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0206% | 1h | 4.4133 | −0.836% | $1.3M | $6.6M | 20x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4190 | −0.708% | $13.9M | $32.9M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0240% | 1h | 4.4127 | −0.850% | $13K | $7K | 10x | as long as short |
| Aster NEARUSDT | +0.0290% | 8h | 4.4210 | −0.663% | $3.0M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0329% / S −0.0206% | 1h | 4.4142 | −0.815% | $239K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0464% | 1h | 4.4187 | −0.715% | $1.5M | $7.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0543% | 1h | 4.4181 | −0.728% | $2.0M | $6.8M | 25x | as long as short |
| Nado NEAR-PERP | +0.0562% | 1h | 4.4139 | −0.823% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4600 | +0.213% | $220K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0588% | 1h | 4.4163 | −0.770% | $8.2M | $39.9M | 50x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4453 | −0.117% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.0848% | 1h | 4.4224 | −0.631% | $17.8M | $26.3M | 15x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.4133 | −0.836% | $560K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSDlong | +0.1570% | 1h | 4.4505 | long leg | $6K | $12K | 10x |
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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Hyperliquid NEAR
Extended NEAR-USD
Backpack NEAR_USDC_PERP
BloFin NEAR-USDT
01 Exchange NEARUSD
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
Nado NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC