Funding you earn now, next payment 05:00 UTC+0.0111%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.090%
Price spread now: Kraken Futures against Extended+0.115%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.359%+$36 · spread now +0.115%, 7d avg +0.085%
=Together, before fees+0.535%+ Points / potential airdropExtended: Active · farm board+$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.030% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NEAR-USD | 4.3307 | 0.0600 | pay 0.0075% / 1h | 14m 30s | $3.8M | $19.9M | 25x |
| Short | Kraken Futures PF_NEARUSD | 4.3356 | 0.0711 | get 0.0089% / 1h | 14m 30s | $7.6M | $39.0M | 50x |
Extended NEAR-USD
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $23.27
- Price spread: +0.115% → +0.085%
- $3
- Slippage, 4 orders
- −$21.97
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$10.7
- Costs to cover
- 0.370%
- Break-even
- 10.2 days
Slippage from Extended: live order book, 5 min ago; Kraken Futures: 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 Extended live order book, 5 min ago | 0.35 bp | 4.8 bp −$5 | 14.9 bp −$149 | 496.1 bp −$49.6K | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 7.49 bp | 13.3 bp −$13 | 20.6 bp −$206 | 47.3 bp −$4,733 | 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 | 4.3308 | +0.003% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3311 | +0.010% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3382 | +0.174% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.380% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3493 | +0.430% | $2.3M | $15.9M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3320 | +0.030% | $110K | $502K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3348 | +0.095% | $265.0M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3306 | −0.002% | $214.2M | $425.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3320 | +0.030% | $61.3M | $288.4M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3250 | −0.131% | $246K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3299 | −0.018% | $32.1M | $61.9M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3350 | +0.100% | $73.8M | $146.1M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3350 | +0.100% | $53.7M | $45.8M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3321 | +0.033% | $71.4M | $127.5M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3320 | +0.030% | — | $6.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3447 | +0.325% | $8.2M | $18.0M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3528 | +0.510% | $254K | $951K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3530 | +0.516% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3500 | +0.446% | $167K | $796K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3343 | +0.084% | $273K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3372 | +0.151% | $57K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3500 | +0.446% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3460 | +0.354% | $469K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3390 | +0.192% | $3.7M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3300 | −0.015% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3370 | +0.146% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3410 | +0.238% | $13.5M | $32.1M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3341 | +0.080% | $401K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0273% | 8h | 4.3465 | +0.365% | $874K | $23.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0324% / S −0.0198% | 1h | 4.3391 | +0.194% | $235K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0335% | 8h | 4.3330 | +0.054% | $2.8M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0356% | 1h | 4.3344 | +0.086% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0520% | 1h | 4.3345 | +0.088% | $13K | $7K | 10x | as long as short |
| Nado NEAR-PERP | +0.0564% | 1h | 4.3322 | +0.035% | $1.8M | $3.1M | 10x | as long as short |
| Hyperliquid NEAR | +0.0577% | 1h | 4.3371 | +0.148% | $355.1M | $314.3M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0597% | 1h | 4.3369 | +0.144% | $1.3M | $6.8M | 20x | as long as short |
| Extended NEAR-USDlong | +0.0600% | 1h | 4.3307 | long leg | $3.8M | $19.9M | 25x | |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3360 | +0.123% | $213K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSDshort | +0.0711% | 1h | 4.3356 | +0.115% | $7.6M | $39.0M | 50x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0742% | 1h | 4.3375 | +0.157% | $1.9M | $9.6M | 25x | as long as short |
| Lighter RH NEAR | +0.0920% | 1h | 4.3384 | +0.178% | $1.5M | $7.4M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3602 | +0.682% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.1056% | 1h | 4.3390 | +0.191% | $17.5M | $25.1M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3351 | +0.102% | $681K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1569% | 1h | 4.3451 | +0.333% | $5K | $13K | 10x | as long as short |
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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Pacifica NEAR
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
SoDEX NEAR-USD
01 Exchange NEARUSD
Nado NEAR-PERP
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Phoenix NEAR
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD