Funding you earn now, next payment 03:00 UTC+0.0515%/8h= +56.4% APRnext payment +$0.64 per $10,000 · paid last 24h +0.015%
Price spread now: RISEx against Arcus−0.047%7-day average +0.002% · 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−$29as in the Price arb table
costs, in and out, $10k−$240.242% of the position
Funding, last 4 days (all we have)+0.066%+$7 on $10k
+Price spread, last 7 days+0.124%+$12 · spread now −0.047%, 7d avg +0.002%
=Funding pays, the price is against you. RISEx is 0.049% cheaper against Arcus than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.002%). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$15 a day). At the pace of the last 4 days (+0.066% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.066% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.64 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 | Arcus NEAR-USD | 4.3810 | 0.0410 | pay 0.0051% / 1h | 47m 47s | $209K | $1.7M | 10x |
| Short | RISEx NEAR/USDC | 4.3789 | 0.0924 | get 0.0116% / 1h | 47m 47s | $552K | $1.3M | 10x |
Arcus NEAR-USD
RISEx NEAR/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Arcus. 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
- $108.11
- Price spread: −0.047% → +0.002%
- −$4.88
- Slippage, 4 orders
- −$13.75
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $78.98
- Costs to cover
- 0.242%
- Break-even
- 1.9 days
Slippage from Arcus: live order book, 1 min ago; RISEx: live order book, 1 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 Arcus live order book, 1 min ago | 3.43 bp | 6.8 bp −$7 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 1 min ago | 2.30 bp | 5.3 bp −$5 | 13.9 bp −$139 | doesn't fit | doesn't fit |
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 NEARRUSDPERP | −0.0171% | 1h | 4.3707 | −0.235% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.3700 | −0.251% | $2.2M | $14.1M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3708 | −0.233% | $108K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3747 | −0.144% | $561K | $19.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3708 | −0.232% | $198K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.478% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3770 | −0.091% | $115K | $484K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3705 | −0.240% | $413K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3656 | −0.352% | $265.4M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3660 | −0.342% | $220.6M | $416.6M | 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 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3670 | −0.320% | $62.3M | $288.7M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3657 | −0.349% | $249K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3634 | −0.402% | $31.4M | $61.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3650 | −0.365% | $75.3M | $140.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3620 | −0.434% | $54.4M | $44.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3694 | −0.265% | $71.8M | $126.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3640 | −0.388% | — | $144.1M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3926 | +0.266% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3800 | −0.022% | $268K | $994K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3910 | +0.228% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3790 | −0.046% | $195K | $778K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3744 | −0.151% | $206K | $3.6M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3638 | −0.393% | $60K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3780 | −0.068% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3625 | −0.422% | $5K | $50K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3850 | +0.091% | $458K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3630 | −0.411% | $3.8M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3732 | −0.177% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3570 | −0.548% | $3.8M | $18.5M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3645 | −0.377% | $203K | $34K | 3x | as long as short |
| Aster NEARUSDT | +0.0193% | 8h | 4.3636 | −0.398% | $3.0M | $5.5M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0254% | 1h | 4.3657 | −0.349% | $1.9M | $4.3M | 25x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0349% / S −0.0244% | 1h | 4.3707 | −0.235% | $256K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0385% | 1h | 4.3725 | −0.194% | $1.9M | $3.0M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0392% | 1h | 4.3790 | −0.046% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USDlong | +0.0410% | 1h | 4.3810 | long leg | $209K | $1.7M | 10x | |
| Backpack NEAR_USDC_PERP | +0.0671% | 1h | 4.3640 | −0.388% | $1.4M | $6.4M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0706% | 1h | 4.3663 | −0.335% | $8.1M | $41.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0760% | 1h | 4.3702 | −0.247% | $1.6M | $6.9M | 10x | as long as short |
| Hyperliquid NEAR | +0.0772% | 1h | 4.3752 | −0.132% | $368.4M | $304.7M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.3944 | +0.306% | $1.8M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDCshort | +0.0924% | 1h | 4.3789 | −0.047% | $552K | $1.3M | 10x | |
| Lighter NEAR | +0.1232% | 1h | 4.3731 | −0.181% | $17.5M | $25.6M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1730% | 1h | 4.3793 | −0.040% | $6K | $12K | 10x | as long as short |
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
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
Deribit NEAR_USDC-PERPETUAL
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Hyperliquid NEAR
Phoenix NEAR
Lighter NEAR
Aftermath Perps NEARUSD