Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX+0.090%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 7 days−0.104%−$10 · spread now +0.090%, 7d avg −0.018%
=The price spread pays, funding is against you. OKX is 0.109% dearer against BingX than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of −0.018%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +0.074%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NEAR-USDC | 4.4260 | 0.0130 | pay 0.0130% / 8h | 2h 03m | — | $6.6M | — |
| Short | OKX NEAR-USDT-SWAP | 4.4300 | 0.0100 | get 0.0100% / 8h | 2h 03m | $62.2M | $295.6M | 50x |
BingX NEAR-USDC
OKX NEAR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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
- −$6.3
- Price spread: +0.090% → −0.018%
- $10.86
- Slippage, 4 orders
- −$23.21
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$38.65
- Costs to cover
- 0.432%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 6 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 BingX live order book, 4 min ago | 3.40 bp | 14.5 bp −$15 | 30.7 bp −$307 | 68.8 bp −$6,883 | 321.1 bp −$160.6K |
| Sell OKX live order book, 6 min ago | 1.14 bp | 8.3 bp −$8 | 14.1 bp −$141 | 37.9 bp −$3,794 | 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 | 4.4162 | −0.222% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4137 | −0.278% | $109K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4226 | −0.077% | $167K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.439% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4170 | −0.203% | $117K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4250 | −0.023% | $222.5M | $423.5M | 75x | as long as short |
| OKX NEAR-USDT-SWAPshort | +0.0100% | 8h | 4.4300 | +0.090% | $62.2M | $295.6M | 50x | |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3500 | −1.717% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4202 | −0.131% | $33.7M | $61.3M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4190 | −0.158% | $53.2M | $46.0M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.4302 | +0.095% | $73.1M | $127.1M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4197 | −0.142% | $8.9M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4142 | −0.266% | $258K | $965K | 20x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4184 | −0.172% | $272K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4306 | +0.104% | $58K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4270 | +0.023% | $1K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4180 | −0.181% | $468K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4320 | +0.136% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.4140 | −0.272% | $32K | $608 | 10x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0111% | 8h | 4.4060 | −0.452% | $1.5M | $1.5M | 10x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.4369 | +0.247% | $206K | $40K | 3x | as long as short |
| BingX NEAR-USDClong | +0.0130% | 8h | 4.4260 | long leg | — | $6.6M | — | |
| MEXC NEAR_USDT | +0.0143% | 8h | 4.4170 | −0.203% | $83.8M | $146.7M | 200x | as long as short |
| Binance NEARUSDT | +0.0144% | 8h | 4.4247 | −0.029% | $268.9M | $1.09B | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.4281 | +0.047% | $2.3M | $16.4M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0262% | 8h | 4.4150 | −0.249% | $13.3M | $32.6M | 75x | as long as short |
| Kalshi KXNEARPERP | +0.0311% | 8h | 4.4137 | −0.278% | $1.0M | $24.7M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0201% | 1h | 4.4175 | −0.193% | $236K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0343% | 8h | 4.4226 | −0.076% | $2.9M | $5.2M | 50x | as long as short |
| Nado NEAR-PERP | +0.0392% | 1h | 4.4132 | −0.290% | $1.7M | $3.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0448% | 1h | 4.4312 | +0.117% | $3.7M | $19.2M | 25x | as long as short |
| ApeX Omni NEARUSDT | +0.0450% | 1h | 4.4150 | −0.249% | $167K | $803K | 50x | as long as short |
| SoDEX NEAR-USD | +0.0493% | 1h | 4.4305 | +0.102% | $5K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0682% | 1h | 4.4223 | −0.084% | $364.0M | $311.4M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0696% | 1h | 4.4198 | −0.140% | $1.3M | $6.5M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0704% | 1h | 4.4209 | −0.115% | $13K | $7K | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0714% | 1h | 4.4321 | +0.139% | $7.4M | $39.1M | 50x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.4180 | −0.181% | $225K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.4167 | −0.209% | $405K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0928% | 1h | 4.4216 | −0.099% | $17.4M | $25.3M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.4241 | −0.043% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1112% | 1h | 4.4212 | −0.108% | $1.5M | $7.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.4169 | −0.205% | $701K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1252% | 1h | 4.3970 | −0.655% | $5K | $12K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1443% | 1h | 4.4376 | +0.262% | $2.0M | $12.1M | 25x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
GRVT NEAR_USDT_Perp
Aevo NEAR-PERP
MEXC NEAR_USDT
Binance NEARUSDT
Coinbase International NEAR-PERP-INTX
BloFin NEAR-USDT
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
Nado NEAR-PERP
Extended NEAR-USD
ApeX Omni NEARUSDT
SoDEX NEAR-USD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Kraken Futures PF_NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL