Funding you earn now, next payment 08:00 UTC+0.0900%/8h= +98.5% APRpaid last 24h +0.085%
Price spread now: Deribit against Binance+0.044%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$330.334% of the position
Funding, last 7 days+0.414%+$41 on $10k
+Price spread, last 4 days (all we have)+0.178%+$18 · spread now +0.044%, 7d avg +0.063%
=The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$27 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.414% in total (about 21.6% a year). A funding rate is set anew for every payment. 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 | Binance NEARUSDT | 4.3220 | 0.0193 | pay 0.0193% / 8h | 35m 51s | $262.4M | $1.09B | 75x |
| Short | Deribit NEAR_USDC-PERPETUAL | 4.3239 | 0.1093 | get 0.0137% / 1h | 35m 51s | $1.9M | $13.2M | 25x |
Binance NEARUSDT
Deribit NEAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Binance. 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
- $188.9
- Price spread: +0.044% → +0.063%
- −$1.86
- Slippage, 4 orders
- −$16.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $153.69
- Costs to cover
- 0.334%
- Break-even
- 1.3 days
Slippage from Binance: live order book, 8 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 Binance live order book, 8 min ago | 1.16 bp | 6.2 bp −$6 | 9.3 bp −$93 | 31.2 bp −$3,120 | 104.6 bp −$52.3K |
| Sell Deribit live order book, 3 min ago | 1.50 bp | 12.6 bp −$13 | 31.1 bp −$311 | 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 | 4.3087 | −0.309% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3057 | −0.377% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3114 | −0.245% | $161K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3180 | −0.092% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.188% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3060 | −0.370% | $110K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3203 | −0.039% | $218.1M | $430.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3200 | −0.046% | $60.7M | $291.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3160 | −0.139% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3193 | −0.062% | $35.2M | $62.4M | 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 | 4.3210 | −0.023% | $52.3M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3201 | −0.044% | $71.5M | $128.2M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3217 | −0.008% | $8.7M | $18.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3177 | −0.100% | $250K | $898K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3207 | −0.030% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3330 | +0.255% | $165K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3085 | −0.312% | $283K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3207 | −0.030% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3210 | −0.023% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3201 | −0.044% | $5K | $53K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3240 | +0.046% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3047 | −0.400% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3182 | −0.089% | $3.6M | $17.2M | 25x | as long as short |
| HTX NEAR-USDT | +0.0122% | 8h | 4.3190 | −0.069% | $460K | $3.8M | 75x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3217 | −0.006% | $201K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0185% | 8h | 4.3079 | −0.326% | $935K | $25.2M | 2.2x | as long as short |
| Binance NEARUSDTlong | +0.0193% | 8h | 4.3220 | long leg | $262.4M | $1.09B | 75x | |
| MEXC NEAR_USDT | +0.0196% | 8h | 4.3220 | 0.000% | $83.5M | $150.7M | 200x | as long as short |
| Aster NEARUSDT | +0.0198% | 8h | 4.3208 | −0.028% | $2.7M | $4.8M | 50x | as long as short |
| BingX NEAR-USDC | +0.0205% | 8h | 4.3210 | −0.023% | — | $6.7M | — | as long as short |
| Hyperliquid NEAR | +0.0226% | 1h | 4.3260 | +0.092% | $349.0M | $315.3M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0264% | 1h | 4.3057 | −0.377% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0315% / S −0.0204% | 1h | 4.3121 | −0.228% | $232K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0316% | 8h | 4.3110 | −0.255% | $13.2M | $31.8M | 75x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0390% | 1h | 4.3262 | +0.097% | $1.1M | $7.0M | 20x | as long as short |
| Nado NEAR-PERP | +0.0478% | 1h | 4.3060 | −0.370% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3137 | −0.192% | $2.3M | $16.8M | 50x | as long as short |
| Lighter RH NEAR | +0.0512% | 1h | 4.3273 | +0.123% | $1.5M | $6.6M | 10x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3070 | −0.347% | $225K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0728% | 1h | 4.3278 | +0.134% | $17.1M | $25.1M | 15x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3060 | −0.369% | $406K | $1.5M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3384 | +0.379% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3061 | −0.367% | $598K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUALshort | +0.1093% | 1h | 4.3239 | +0.044% | $1.9M | $13.2M | 25x | |
| Aftermath Perps NEARUSD | +0.1248% | 1h | 4.3207 | −0.029% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
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
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
HTX NEAR-USDT
Aevo NEAR-PERP
Kalshi KXNEARPERP
MEXC NEAR_USDT
Aster NEARUSDT
BingX NEAR-USDC
Hyperliquid NEAR
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Arcus NEAR-USD
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD