Funding you earn now, next payment 08:00 UTC+0.0730%/8h= +79.9% APRpaid last 24h +0.044%
Price spread now: Deribit against BloFin−0.021%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$350.349% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.021%, 7d avg +0.063%
=Funding pays, the price is against you. Deribit is 0.083% cheaper against BloFin than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.063%). If the spread goes back, that is −$8 on $10k: about 9 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.170% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.170% in total (about 8.9% 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 | BloFin NEAR-USDT | 4.3430 | 0.0335 | pay 0.0335% / 8h | 55m 15s | $13.4M | $32.1M | 75x |
| Short | Deribit NEAR_USDC-PERPETUAL | 4.3421 | 0.1064 | get 0.0133% / 1h | 55m 15s | $1.9M | $13.0M | 25x |
BloFin NEAR-USDT
Deribit NEAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $153.2
- Price spread: −0.021% → +0.063%
- −$8.35
- Slippage, 4 orders
- −$15.94
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $109.91
- Costs to cover
- 0.349%
- Break-even
- 2.0 days
Slippage from BloFin: live order book, 4 min ago; Deribit: live order book, 4 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, 4 min ago | 3.48 bp | 9.5 bp −$9 | 12.2 bp −$122 | 29.3 bp −$2,935 | 71.0 bp −$35.5K |
| Sell Deribit live order book, 4 min ago | 3.82 bp | 7.3 bp −$7 | 14.4 bp −$144 | 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 | 4.3265 | −0.380% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3192 | −0.547% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3348 | −0.188% | $162K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3366 | −0.147% | $7.1M | $38.3M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.651% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3280 | −0.345% | $105K | $492K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3370 | −0.138% | $219.1M | $431.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3370 | −0.138% | $61.1M | $292.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3150 | −0.644% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3345 | −0.196% | $35.4M | $61.6M | 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 | 4.3350 | −0.184% | $52.5M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3386 | −0.101% | $71.8M | $128.2M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3187 | −0.559% | $8.6M | $18.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3229 | −0.464% | $251K | $897K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3233 | −0.453% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3220 | −0.484% | $163K | $804K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3295 | −0.311% | $280K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3400 | −0.069% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3460 | +0.069% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3385 | −0.104% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3460 | +0.069% | $460K | $3.8M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3390 | −0.092% | $3.6M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3238 | −0.442% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3374 | −0.130% | $3.6M | $17.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0136% | 1h | 4.3384 | −0.107% | $202K | $38K | 3x | as long as short |
| BingX NEAR-USDT | +0.0202% | 8h | 4.3370 | −0.138% | — | $145.0M | — | as long as short |
| Kalshi KXNEARPERP | +0.0206% | 8h | 4.3406 | −0.055% | $944K | $25.1M | 2.2x | as long as short |
| MEXC NEAR_USDT | +0.0214% | 8h | 4.3340 | −0.207% | $77.0M | $148.1M | 200x | as long as short |
| Binance NEARUSDT | +0.0215% | 8h | 4.3400 | −0.069% | $263.7M | $1.09B | 75x | as long as short |
| Aster NEARUSDT | +0.0241% | 8h | 4.3388 | −0.097% | $2.7M | $4.8M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0314% / S −0.0201% | 1h | 4.3187 | −0.561% | $231K | — | 100x | as long as short |
| BloFin NEAR-USDTlong | +0.0335% | 8h | 4.3430 | long leg | $13.4M | $32.1M | 75x | |
| 01 Exchange NEARUSD | +0.0384% | 1h | 4.3307 | −0.283% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0386% | 1h | 4.3275 | −0.356% | $1.6M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0407% | 1h | 4.3242 | −0.433% | $1.3M | $7.0M | 20x | as long as short |
| Hyperliquid NEAR | +0.0472% | 1h | 4.3311 | −0.274% | $351.1M | $315.7M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3457 | +0.062% | $2.3M | $16.7M | 50x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3310 | −0.276% | $228K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0728% | 1h | 4.3434 | +0.009% | $1.5M | $6.6M | 10x | as long as short |
| Lighter NEAR | +0.0768% | 1h | 4.3438 | +0.018% | $17.1M | $24.9M | 15x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3258 | −0.397% | $407K | $1.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3309 | −0.278% | $650K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.1003% | 1h | 4.3206 | −0.516% | $1.8M | $2.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUALshort | +0.1064% | 1h | 4.3421 | −0.021% | $1.9M | $13.0M | 25x | |
| Aftermath Perps NEARUSD | +0.1270% | 1h | 4.3293 | −0.317% | $5K | $12K | 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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
BingX NEAR-USDT
Kalshi KXNEARPERP
MEXC NEAR_USDT
Binance NEARUSDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Coinbase International NEAR-PERP-INTX
Arcus NEAR-USD
Lighter RH NEAR
Lighter NEAR
Pacifica NEAR
RISEx NEAR/USDC
Phoenix NEAR
Aftermath Perps NEARUSD