Funding you earn now, next payment 00:00 UTC−0.0362%/8h= −39.6% APRpaid last 24h −0.213%
Price spread now: SunX against Backpack+0.394%7-day average +0.075% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.358%−$36 on $10k
+Price spread, last 3 days (all we have)−0.054%−$5 · spread now +0.394%, 7d avg +0.075%
=The price spread pays, funding is against you. SunX is 0.320% dearer against Backpack than usual: you sell high and buy low (spread +0.394% now, against its 7-day average of +0.075%): +$32 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.358% in total) that is about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack NEAR_USDC_PERP | 4.2841 | 0.0462 | pay 0.0058% / 1h | 19m 01s | $1.4M | $5.6M | 20x |
| Short | SunX NEAR-USDT | 4.3010 | 0.0100 | get 0.0100% / 8h | 19m 01s | $1K | $1.4M | 20x |
Backpack NEAR_USDC_PERP
SunX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Backpack. 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
- −$75.92
- Price spread: +0.394% → +0.075%
- $31.97
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$61.95
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Backpack: live order book, 5 min ago; SunX: 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 Backpack live order book, 5 min ago | 0.94 bp | 7.9 bp −$8 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 502.29 bp | doesn't fit | doesn't fit | 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 | 4.2937 | +0.224% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2840 | −0.002% | $2.3M | $13.1M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2954 | +0.263% | $111K | $62K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2905 | +0.149% | $359K | $18.8M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2942 | +0.236% | $202K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.340% | $578 | $302K | 12x | as long as short |
| Bybit NEARUSDT | +0.0055% | 8h | 4.2790 | −0.119% | $218.3M | $422.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0056% | 8h | 4.2869 | +0.066% | $7.9M | $18.5M | — | as long as short |
| 01 Exchange NEARUSD | +0.0080% | 1h | 4.3002 | +0.376% | $13K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2990 | +0.348% | $109K | $496K | 50x | 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
Bybit NEARUSDT
Variational Omni NEAR
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2965 | +0.289% | $57K | $194K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2963 | +0.285% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2886 | +0.104% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2967 | +0.293% | $402K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2810 | −0.072% | $253.1M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2790 | −0.119% | $60.8M | $286.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2980 | +0.324% | $197K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2950 | +0.254% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2793 | −0.112% | $30.7M | $60.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2830 | −0.026% | $78.2M | $142.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2840 | −0.002% | $55.7M | $43.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2821 | −0.047% | $71.1M | $126.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2790 | −0.119% | — | $140.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2658 | −0.427% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2722 | −0.278% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2690 | −0.352% | $178K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3011 | +0.397% | $191K | $3.4M | 10x | as long as short |
| SunX NEAR-USDTshort | +0.0100% | 8h | 4.3010 | +0.394% | $1K | $1.4M | 20x | |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2875 | +0.079% | $4K | $54K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2810 | −0.072% | $3.8M | $8.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2784 | −0.133% | $3.9M | $16.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2945 | +0.243% | $203K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0118% | 1h | 4.2876 | +0.081% | $7.6M | $37.5M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2810 | −0.072% | $13.0M | $29.4M | 75x | as long as short |
| Lighter RH NEAR | +0.0320% | 1h | 4.2873 | +0.075% | $1.5M | $7.0M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0314% | 1h | 4.2931 | +0.211% | $275K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.3000 | +0.371% | $419K | $1.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0425% | 1h | 4.2995 | +0.359% | $1.9M | $2.5M | 25x | as long as short |
| Backpack NEAR_USDC_PERPlong | +0.0462% | 1h | 4.2841 | long leg | $1.4M | $5.6M | 20x | |
| Phoenix NEAR | +0.0463% | 1h | 4.2939 | +0.229% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0678% | 1h | 4.2957 | +0.270% | $1.9M | $3.4M | 10x | as long as short |
| Hyperliquid NEAR | +0.0719% | 1h | 4.2845 | +0.009% | $367.0M | $299.6M | 10x | as long as short |
| HTX NEAR-USDT | +0.0795% | 8h | 4.3060 | +0.511% | $463K | $3.7M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1148% | 1h | 4.2803 | −0.089% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1688% | 1h | 4.2908 | +0.156% | $16.5M | $23.9M | 15x | as long as short |
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Nado NEAR-PERP
Hyperliquid NEAR
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR