Funding you earn now, next payment 07:00 UTC+0.0599%/8h= +65.6% APRnext payment +$0.75 per $10,000 · paid last 24h +0.075%
Price spread now: Deribit against ApeX Omni+0.183%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$460.455% of the position
Funding, last 7 days+0.362%+$36 on $10k
+Price spread, last 4 days (all we have)−0.351%−$35 · spread now +0.183%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Deribit is 0.188% dearer against ApeX Omni than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.005%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.362% in total (about 18.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.75 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NEARUSDT | 4.3150 | 0.0100 | pay 0.0013% / 1h | 56m 30s | $163K | $804K | 50x |
| Short | Deribit NEAR_USDC-PERPETUAL | 4.3229 | 0.0699 | get 0.0087% / 1h | 56m 30s | $1.9M | $13.0M | 25x |
ApeX Omni NEARUSDT
Deribit NEAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against ApeX Omni. 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
- $125.79
- Price spread: +0.183% → −0.005%
- $18.82
- Slippage, 4 orders
- −$28.53
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $99.08
- Costs to cover
- 0.455%
- Break-even
- 1.5 days
Slippage from ApeX Omni: live order book, 47 min ago; Deribit: live order book, 3 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 ApeX Omni live order book, 47 min ago | 6.68 bp | 16.2 bp −$16 | 78.7 bp −$787 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 3 min ago | 3.82 bp | 7.3 bp −$7 | 14.4 bp −$144 | 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 | 4.3190 | +0.092% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3189 | +0.091% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3178 | +0.066% | $162K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3187 | +0.086% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.032% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3240 | +0.209% | $105K | $492K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3238 | +0.204% | $218.6M | $431.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3220 | +0.162% | $60.8M | $291.1M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3150 | +0.001% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3193 | +0.100% | $35.2M | $61.5M | 75x | as long as short |
Reya NEARRUSDPERP
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 | 4.3240 | +0.209% | $52.4M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3197 | +0.109% | $71.5M | $128.6M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3137 | −0.029% | $8.6M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3174 | +0.055% | $250K | $896K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3153 | +0.008% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDTlong | +0.0100% | 1h | 4.3150 | long leg | $163K | $804K | 50x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3248 | +0.227% | $279K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3211 | +0.141% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3300 | +0.348% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3215 | +0.151% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3310 | +0.371% | $458K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3230 | +0.185% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3187 | +0.085% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3198 | +0.111% | $3.6M | $17.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0136% | 1h | 4.3223 | +0.170% | $201K | $38K | 3x | as long as short |
| BingX NEAR-USDC | +0.0203% | 8h | 4.3210 | +0.139% | — | $6.7M | — | as long as short |
| Kalshi KXNEARPERP | +0.0209% | 8h | 4.3234 | +0.195% | $937K | $25.1M | 2.2x | as long as short |
| MEXC NEAR_USDT | +0.0213% | 8h | 4.3220 | +0.162% | $76.8M | $148.0M | 200x | as long as short |
| Binance NEARUSDT | +0.0215% | 8h | 4.3249 | +0.229% | $262.8M | $1.09B | 75x | as long as short |
| Aster NEARUSDT | +0.0243% | 8h | 4.3230 | +0.185% | $2.7M | $4.8M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0313% / S −0.0201% | 1h | 4.3173 | +0.052% | $231K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0334% | 8h | 4.3240 | +0.209% | $13.5M | $32.0M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0384% | 1h | 4.3252 | +0.236% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0405% | 1h | 4.3200 | +0.116% | $1.6M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0424% | 1h | 4.3244 | +0.218% | $1.3M | $7.0M | 20x | as long as short |
| Hyperliquid NEAR | +0.0445% | 1h | 4.3267 | +0.271% | $351.3M | $315.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3230 | +0.185% | $2.3M | $16.6M | 50x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3250 | +0.232% | $228K | $1.6M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUALshort | +0.0699% | 1h | 4.3229 | +0.183% | $1.9M | $13.0M | 25x | |
| Lighter NEAR | +0.0728% | 1h | 4.3279 | +0.298% | $17.0M | $24.8M | 15x | as long as short |
| Lighter RH NEAR | +0.0728% | 1h | 4.3246 | +0.222% | $1.5M | $6.6M | 10x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3202 | +0.120% | $407K | $1.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3245 | +0.221% | $650K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.3206 | +0.130% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1279% | 1h | 4.3258 | +0.250% | $5K | $12K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
BingX NEAR-USDC
Kalshi KXNEARPERP
MEXC NEAR_USDT
Binance NEARUSDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
01 Exchange NEARUSD
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Coinbase International NEAR-PERP-INTX
Arcus NEAR-USD
Lighter NEAR
Lighter RH NEAR
Pacifica NEAR
RISEx NEAR/USDC
Phoenix NEAR
Aftermath Perps NEARUSD