Funding you earn now, next payment 00:00 UTC+0.0656%/8h= +71.9% APRpaid last 24h +0.026%
Price spread now: HTX against Deribit+0.609%58s7-day average +0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as 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−$670.665% of the position
Funding, last 7 days+0.205%+$20 on $10k
+Price spread, last 3 days (all we have)−0.384%−$38 · spread now +0.609%, 7d avg +0.180%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and HTX is 0.429% dearer against Deribit than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.180%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.205% in total (about 10.7% 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 | Deribit NEAR_USDC-PERPETUAL | 4.2561 | 0.0126 | pay 0.0016% / 1h | 14m 24s | $1.9M | $2.5M | 25x |
| Short | HTX NEAR-USDT | 4.2820 | 0.0782 | get 0.0782% / 8h | 14m 24s | $459K | $3.7M | 75x |
Deribit NEAR_USDC-PERPETUAL
HTX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $137.83
- Price spread: +0.609% → +0.180%
- $42.86
- Slippage, 4 orders
- −$47.5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $114.19
- Costs to cover
- 0.665%
- Break-even
- 1.2 days
Slippage from Deribit: live order book, 5 min ago; HTX: live order book, 5 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, 5 min ago | 5.25 bp | 9.0 bp −$9 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell HTX live order book, 5 min ago | 5.84 bp | 18.1 bp −$18 | 42.1 bp −$421 | 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 | 4.2462 | −0.233% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2618 | +0.134% | $2.2M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2530 | −0.072% | $110K | $62K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2698 | +0.322% | $356K | $18.7M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2526 | −0.082% | $202K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −2.704% | $578 | $302K | 12x | as long as short |
| Variational Omni NEAR | +0.0047% | 8h | 4.2759 | +0.465% | $7.9M | $18.5M | — | as long as short |
| Bybit NEARUSDT | +0.0050% | 8h | 4.2500 | −0.143% | $216.4M | $422.5M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0072% | 1h | 4.2503 | −0.136% | $12K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2490 | −0.167% | $109K | $496K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Variational Omni NEAR
Bybit NEARUSDT
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2540 | −0.049% | $56K | $194K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2535 | −0.062% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2536 | −0.060% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2532 | −0.068% | $398K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2520 | −0.096% | $251.8M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2530 | −0.073% | $60.4M | $285.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2510 | −0.120% | $195K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2950 | +0.914% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2501 | −0.141% | $30.4M | $60.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2510 | −0.120% | $77.1M | $142.3M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2530 | −0.073% | $55.5M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2520 | −0.096% | $70.5M | $126.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2500 | −0.143% | — | $140.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2754 | +0.453% | $244K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2783 | +0.521% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2750 | +0.444% | $179K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2502 | −0.139% | $196K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2550 | −0.026% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2515 | −0.108% | $4K | $54K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2680 | +0.280% | $3.8M | $8.6M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2516 | −0.106% | $3.9M | $16.2M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2525 | −0.085% | $201K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2549 | −0.028% | $7.6M | $37.6M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUALlong | +0.0126% | 1h | 4.2561 | long leg | $1.9M | $2.5M | 25x | |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2680 | +0.280% | $13.0M | $29.3M | 75x | as long as short |
| Lighter RH NEAR | +0.0320% | 1h | 4.2568 | +0.016% | $1.5M | $7.1M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0375% / S −0.0314% | 1h | 4.2519 | −0.098% | $273K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2531 | −0.070% | $417K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0452% | 1h | 4.2716 | +0.364% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2892 | +0.778% | $1.8M | $2.7M | 10x | as long as short |
| Hyperliquid NEAR | +0.0674% | 1h | 4.2547 | −0.033% | $363.1M | $300.6M | 10x | as long as short |
| Nado NEAR-PERP | +0.0688% | 1h | 4.2485 | −0.179% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDTshort | +0.0782% | 8h | 4.2820 | +0.609% | $459K | $3.7M | 75x | |
| Aftermath Perps NEARUSD | +0.1139% | 1h | 4.2737 | +0.413% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1688% | 1h | 4.2626 | +0.154% | $16.5M | $24.1M | 15x | as long as short |
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Hyperliquid NEAR
Nado NEAR-PERP
Aftermath Perps NEARUSD
Lighter NEAR