Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h +0.009%
Price spread now: SunX against Bybit+0.249%56s7-day average +0.181% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1471.474% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 3 days (all we have)+0.069%+$7 · spread now +0.249%, 7d avg +0.181%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.068% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.181%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NEARUSDT | 4.2983 | 0.0048 | pay 0.0048% / 8h | 7h 24m | $217.7M | $416.7M | 75x |
| Short | SunX NEAR-USDT | 4.3090 | 0.0100 | get 0.0100% / 8h | 7h 24m | $2K | $1.4M | 20x |
Bybit NEARUSDT
SunX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bybit. 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
- $10.87
- Price spread: +0.249% → +0.181%
- $6.82
- Slippage, 4 orders
- −$128.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$129.68
- Costs to cover
- 1.474%
- Break-even
- 90.5 days
Slippage from Bybit: live order book, 5 min ago; SunX: live order book, 10 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 Bybit live order book, 5 min ago | 1.17 bp | 8.4 bp −$8 | 13.5 bp −$135 | 37.1 bp −$3,707 | 139.7 bp −$69.8K |
| Sell SunX live order book, 10 min ago | 30.74 bp | 81.1 bp −$81 | 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 | 4.3088 | +0.244% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.3035 | +0.122% | $7.3M | $37.3M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3055 | +0.168% | $2.3M | $13.0M | 50x | as long as short |
| Phemex NEARUSDT | −0.0088% | 8h | 4.3040 | +0.133% | $3.8M | $8.5M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0016% | 1h | 4.3065 | +0.191% | $13K | $7K | 10x | as long as short |
| Variational Omni NEAR | −0.0004% | 8h | 4.2668 | −0.733% | $7.9M | $18.8M | — | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3099 | +0.270% | $112K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2906 | −0.179% | $421K | $18.8M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3111 | +0.298% | $205K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.660% | $578 | $302K | 12x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
Phemex NEARUSDT
01 Exchange NEARUSD
Variational Omni NEAR
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDTlong | +0.0048% | 8h | 4.2983 | long leg | $217.7M | $416.7M | 75x | |
| Gate NEAR_USDT | +0.0095% | 8h | 4.3116 | +0.309% | $31.0M | $59.8M | 75x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3070 | +0.202% | $114K | $482K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.2848 | −0.314% | $57K | $191K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.3084 | +0.235% | $31K | $608 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3088 | +0.245% | $3.0M | $5.8M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3084 | +0.234% | $398K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3126 | +0.332% | $257.1M | $1.06B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2800 | −0.426% | $60.7M | $278.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3080 | +0.226% | $197K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2789 | −0.451% | $244K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3110 | +0.295% | $77.0M | $140.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3130 | +0.342% | $56.4M | $42.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2785 | −0.461% | $70.9M | $124.5M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3120 | +0.319% | — | $141.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2780 | −0.473% | $255K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2745 | −0.553% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2800 | −0.426% | $179K | $782K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3097 | +0.265% | $202K | $3.5M | 10x | as long as short |
| SunX NEAR-USDTshort | +0.0100% | 8h | 4.3090 | +0.249% | $2K | $1.4M | 20x | |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3020 | +0.086% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3130 | +0.342% | $456K | $3.7M | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3025 | +0.099% | $3.9M | $17.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2804 | −0.417% | $199K | $28K | 3x | as long as short |
| Hyperliquid NEAR | +0.0159% | 1h | 4.3150 | +0.389% | $362.2M | $300.5M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3080 | +0.226% | $12.9M | $28.3M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0373% / S −0.0306% | 1h | 4.3113 | +0.303% | $274K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0392% | 1h | 4.3147 | +0.382% | $1.6M | $6.9M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.3086 | +0.239% | $408K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0435% | 1h | 4.3093 | +0.256% | $1.3M | $5.9M | 20x | as long as short |
| Nado NEAR-PERP | +0.0464% | 1h | 4.3085 | +0.237% | $1.9M | $3.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0494% | 1h | 4.3071 | +0.205% | $1.9M | $3.5M | 25x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.2669 | −0.731% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1334% | 1h | 4.2876 | −0.249% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1872% | 1h | 4.3196 | +0.496% | $17.3M | $24.4M | 15x | as long as short |
Gate NEAR_USDT
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
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
HTX NEAR-USDT
Extended NEAR-USD
Aevo NEAR-PERP
Hyperliquid NEAR
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR