Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: BingX against BloFin+0.270%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs+$3as in the Price arb table
costs, in and out, $10k−$270.265% of the position
Funding, last 7 days−0.282%−$28 on $10k
+Price spread, last 4 days (all we have)−1.066%−$107 · spread now +0.270%, 7d avg −0.025%
=The price spread pays, funding is against you. BingX is 0.295% dearer against BloFin than usual: you sell high and buy low (spread +0.270% now, against its 7-day average of −0.025%): +$30 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NEAR-USDT | 4.4420 | 0.0220 | pay 0.0220% / 8h | 5h 26m | $13.7M | $31.6M | 75x |
| Short | BingX NEAR-USDT | 4.4540 | 0.0100 | get 0.0100% / 8h | 5h 26m | — | $145.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$25.2
- Price spread: +0.270% → −0.025%
- $29.51
- Slippage, 4 orders
- −$4.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$22.21
- Costs to cover
- 0.265%
- Break-even
- from the start
Slippage from BloFin: live order book, 2 min ago; BingX: live order book, 2 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 BloFin live order book, 2 min ago | 1.13 bp | 7.1 bp −$7 | 9.8 bp −$98 | 36.1 bp −$3,615 | 95.3 bp −$47.7K |
| Sell BingX live order book, 2 min ago | 1.13 bp | 6.1 bp −$6 | 9.3 bp −$93 | 20.6 bp −$2,062 | 46.9 bp −$23.4K |
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 | 4.4264 | −0.351% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4300 | −0.270% | $2.2M | $14.7M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4381 | −0.089% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4367 | −0.119% | $572K | $20.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.4307 | −0.253% | $200K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.776% | $578 | $302K | 12x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0088% | 1h | 4.4364 | −0.126% | $1.9M | $4.4M | 25x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4350 | −0.158% | $116K | $490K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4353 | −0.151% | $419K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4571 | +0.339% | $270.6M | $1.08B | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | +0.0100% | 8h | 4.4550 | +0.293% | $224.1M | $418.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4510 | +0.203% | $63.8M | $295.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4421 | +0.002% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4544 | +0.279% | $32.3M | $63.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4560 | +0.315% | $77.0M | $143.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4570 | +0.338% | $55.9M | $44.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4521 | +0.227% | $73.4M | $127.1M | 75x | as long as short |
| BingX NEAR-USDTshort | +0.0100% | 8h | 4.4540 | +0.270% | — | $145.1M | — | |
| Variational Omni NEAR | +0.0100% | 8h | 4.4186 | −0.527% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4398 | −0.050% | $266K | $984K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4397 | −0.051% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4160 | −0.585% | $172K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4349 | −0.160% | $212K | $3.7M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4298 | −0.275% | $61K | $195K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4430 | +0.023% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4380 | −0.090% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4510 | +0.203% | $463K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4400 | −0.045% | $3.9M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4336 | −0.190% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4523 | +0.232% | $3.8M | $18.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4354 | −0.148% | $207K | $34K | 3x | as long as short |
| BloFin NEAR-USDTlong | +0.0220% | 8h | 4.4420 | long leg | $13.7M | $31.6M | 75x | |
| Aster NEARUSDT | +0.0240% | 8h | 4.4530 | +0.249% | $3.1M | $5.4M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0353% / S −0.0246% | 1h | 4.4300 | −0.269% | $261K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0368% | 1h | 4.4356 | −0.144% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0402% | 1h | 4.4280 | −0.315% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4390 | −0.068% | $211K | $1.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0540% | 1h | 4.4498 | +0.176% | $1.4M | $6.6M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0694% | 1h | 4.4370 | −0.113% | $8.2M | $40.9M | 50x | as long as short |
| Hyperliquid NEAR | +0.0695% | 1h | 4.4520 | +0.225% | $370.6M | $309.4M | 10x | as long as short |
| Lighter RH NEAR | +0.0696% | 1h | 4.4460 | +0.090% | $1.6M | $6.9M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.4364 | −0.126% | $1.8M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0924% | 1h | 4.4386 | −0.076% | $538K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.1272% | 1h | 4.4455 | +0.078% | $17.8M | $25.9M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1660% | 1h | 4.4306 | −0.257% | $6K | $12K | 10x | as long as short |
BloFin NEAR-USDT
BingX NEAR-USDT
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Deribit NEAR_USDC-PERPETUAL
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
Hyperliquid NEAR
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD