Funding you earn now, next payment 23:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.041%
Price spread now: BingX against Deribit−0.046%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.271% of the position
Funding, last 7 days−0.391%−$39 on $10k
+Price spread, last 3 days (all we have)−1.112%−$111 · spread now −0.046%, 7d avg −0.078%
=The price spread pays, funding is against you. BingX is 0.032% dearer against Deribit than usual: you sell high and buy low (spread −0.046% now, against its 7-day average of −0.078%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NEAR_USDC-PERPETUAL | 4.1549 | 0.0208 | pay 0.0026% / 1h | 47m 01s | $1.8M | $2.1M | 25x |
| Short | BingX NEAR-USDT | 4.1530 | 0.0100 | get 0.0100% / 8h | 1h 47m | — | $136.8M | — |
Deribit NEAR_USDC-PERPETUAL
BingX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- −$22.68
- Price spread: −0.046% → −0.078%
- $3.24
- Slippage, 4 orders
- −$10.12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$46.56
- Costs to cover
- 0.271%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 2 min ago; BingX: live order book, 7 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 Deribit live order book, 2 min ago | 3.49 bp | 7.7 bp −$8 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 1.21 bp | 6.2 bp −$6 | 6.8 bp −$68 | 14.0 bp −$1,404 | 31.7 bp −$15.9K |
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 | 4.1503 | −0.111% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0032% | 1h | 4.1492 | −0.137% | $2.1M | $12.6M | 50x | as long as short |
| Injective NEAR/USDC PERP | −0.0002% | 1h | 4.1410 | −0.335% | $578 | $302K | 12x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1611 | +0.150% | $107K | $56K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1617 | +0.164% | $442K | $18.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1513 | −0.086% | $205K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0049% | 1h | 4.1530 | −0.046% | $7.5M | $36.8M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0072% | 1h | 4.1544 | −0.012% | $12K | $7K | 10x | as long as short |
| Lighter NEAR | +0.0096% | 1h | 4.1567 | +0.043% | $15.3M | $22.5M | 15x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1530 | −0.046% | $111K | $483K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
Injective NEAR/USDC PERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Lighter NEAR
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.1530 | −0.046% | $53K | $156K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1609 | +0.144% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1562 | +0.032% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.1605 | +0.135% | $350K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.1522 | −0.066% | $236.7M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1486 | −0.152% | $211.7M | $423.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1490 | −0.142% | $56.8M | $274.5M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.1580 | +0.075% | $308K | $1.6M | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1518 | −0.075% | $29.6M | $56.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1500 | −0.118% | $81.7M | $141.0M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1530 | −0.046% | $54.9M | $44.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1506 | −0.103% | $68.9M | $125.8M | 75x | as long as short |
| BingX NEAR-USDTshort | +0.0100% | 8h | 4.1530 | −0.046% | — | $136.8M | — | |
| Variational Omni NEAR | +0.0100% | 8h | 4.1461 | −0.211% | $7.7M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1473 | −0.184% | $236K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1500 | −0.117% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1510 | −0.094% | $182K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1554 | +0.012% | $197K | $3.1M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1560 | +0.026% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1509 | −0.096% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1520 | −0.070% | $3.8M | $8.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1450 | −0.238% | $236K | $4K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1484 | −0.156% | $3.8M | $14.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1510 | −0.093% | $200K | $62K | 3x | as long as short |
| Lighter RH NEAR | +0.0120% | 1h | 4.1554 | +0.012% | $1.4M | $6.9M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUALlong | +0.0208% | 1h | 4.1549 | long leg | $1.8M | $2.1M | 25x | |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1500 | −0.118% | $12.3M | $33.4M | 75x | as long as short |
| Hyperliquid NEAR | +0.0330% | 1h | 4.1573 | +0.058% | $349.4M | $298.3M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0364% | 1h | 4.1559 | +0.025% | $411K | $1.2M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0379% / S −0.0327% | 1h | 4.1503 | −0.112% | $279K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0472% | 1h | 4.1556 | +0.017% | $1.2M | $5.7M | 20x | as long as short |
| Nado NEAR-PERP | +0.0489% | 1h | 4.1513 | −0.086% | $1.8M | $3.5M | 10x | as long as short |
| Phoenix NEAR | +0.0542% | 1h | 4.1447 | −0.245% | $1.7M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0896% | 1h | 4.1464 | −0.205% | $5K | $11K | 10x | as long as short |
| HTX NEAR-USDT | +0.1014% | 8h | 4.1650 | +0.243% | $446K | $3.6M | 75x | as long as short |
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
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
Extended NEAR-USD
Aevo NEAR-PERP
Lighter RH NEAR
BloFin NEAR-USDT
Hyperliquid NEAR
RISEx NEAR/USDC
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Phoenix NEAR
Aftermath Perps NEARUSD
HTX NEAR-USDT