Funding you earn now, next payment 22:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.047%
Price spread now: Extended against Coinbase International+0.183%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$380.376% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 3 days (all we have)−0.565%−$56 · spread now +0.183%, 7d avg −0.031%
=Together, before fees−0.361%+ Points / potential airdropExtended: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.214% dearer against Coinbase International than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International NEAR-PERP-INTX | 4.1590 | −0.0032 | get 0.0004% / 1h | 44m 55s | $2.1M | $12.6M | 50x |
| Short | Extended NEAR-USD | 4.1666 | 0.0104 | get 0.0013% / 1h | 44m 55s | $3.8M | $14.6M | 25x |
Coinbase International NEAR-PERP-INTX
Extended NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Coinbase International. 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
- $28.56
- Price spread: +0.183% → −0.031%
- $21.37
- Slippage, 4 orders
- −$22.62
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $12.3
- Costs to cover
- 0.376%
- Break-even
- 4.0 days
Slippage from Coinbase International: live order book, 4 min ago; Extended: 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 Coinbase International live order book, 4 min ago | 6.50 bp | 13.6 bp −$14 | 20.1 bp −$201 | 540.3 bp −$54.0K | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.48 bp | 6.5 bp −$7 | 11.4 bp −$114 | 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 | 4.1556 | −0.081% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTXlong | −0.0032% | 1h | 4.1590 | long leg | $2.1M | $12.6M | 50x | |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −0.433% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1585 | −0.011% | $107K | $56K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1607 | +0.041% | $440K | $18.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1598 | +0.019% | $206K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0049% | 1h | 4.1621 | +0.075% | $7.5M | $36.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0064% | 1h | 4.1577 | −0.031% | $12K | $7K | 10x | as long as short |
| Lighter NEAR | +0.0096% | 1h | 4.1655 | +0.156% | $15.3M | $22.5M | 15x | as long as short |
| Lighter RH NEAR | +0.0096% | 1h | 4.1641 | +0.123% | $1.4M | $6.9M | 10x | as long as short |
Reya NEARRUSDPERP
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Lighter NEAR
Lighter RH NEARShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDT | +0.0096% | 1h | 4.1570 | −0.048% | $111K | $483K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1600 | +0.024% | $54K | $156K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1575 | −0.036% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1660 | +0.168% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1611 | +0.052% | $350K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1665 | +0.179% | $238.4M | $1.07B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1630 | +0.096% | $212.3M | $422.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1650 | +0.144% | $57.1M | $275.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1580 | −0.024% | $308K | $1.6M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1676 | +0.207% | $29.7M | $56.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1650 | +0.144% | $82.0M | $141.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1670 | +0.192% | $55.0M | $44.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1637 | +0.113% | $69.2M | $125.7M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.1650 | +0.144% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1461 | −0.310% | $7.7M | $18.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1534 | −0.134% | $237K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1516 | −0.179% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1500 | −0.216% | $182K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1604 | +0.034% | $198K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1620 | +0.072% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1590 | 0.000% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1580 | −0.024% | $3.8M | $8.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1450 | −0.337% | $236K | $4K | 10x | as long as short |
| Extended NEAR-USDshort | +0.0104% | 1h | 4.1666 | +0.183% | $3.8M | $14.6M | 25x | |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1595 | +0.012% | $200K | $62K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1600 | +0.024% | $12.2M | $33.4M | 75x | as long as short |
| Hyperliquid NEAR | +0.0322% | 1h | 4.1692 | +0.245% | $350.5M | $298.5M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.1592 | +0.004% | $412K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0380% / S −0.0327% | 1h | 4.1600 | +0.025% | $280K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0459% | 1h | 4.1643 | +0.127% | $1.2M | $5.7M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0495% | 1h | 4.1639 | +0.118% | $1.8M | $2.1M | 25x | as long as short |
| Nado NEAR-PERP | +0.0514% | 1h | 4.1557 | −0.079% | $1.8M | $3.5M | 10x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.1614 | +0.058% | $1.7M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0904% | 1h | 4.1502 | −0.211% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1007% | 8h | 4.1730 | +0.337% | $447K | $3.6M | 75x | as long as short |
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Bulk NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Hyperliquid NEAR
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Nado NEAR-PERP
Phoenix NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT