Funding you earn now, next payment 07:00 UTC+0.0797%/8h= +87.2% APRpaid last 24h +0.035%
Price spread now: Phoenix against HTX+0.325%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$590.595% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 4 days (all we have)−0.279%−$28 · spread now +0.325%, 7d avg −0.059%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Phoenix is 0.384% dearer against HTX than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of −0.059%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.174% in total (about 9.0% 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 | HTX NEAR-USDT | 4.3640 | 0.0153 | pay 0.0153% / 8h | 11m 01s | $465K | $3.8M | 75x |
| Short | Phoenix NEAR | 4.3782 | 0.0949 | get 0.0119% / 1h | 11m 01s | $1.8M | $2.4M | 10x |
HTX NEAR-USDT
Phoenix NEARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against HTX. 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
- $167.27
- Price spread: +0.325% → −0.059%
- $38.41
- Slippage, 4 orders
- −$40.49
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $146.2
- Costs to cover
- 0.595%
- Break-even
- 0.9 days
Slippage from HTX: live order book, 3 min ago; Phoenix: live order book, 3 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 HTX live order book, 3 min ago | 9.14 bp | 17.4 bp −$17 | 46.8 bp −$468 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 3 min ago | 0.92 bp | 11.8 bp −$12 | 43.1 bp −$431 | 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 | 4.3419 | −0.506% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3460 | −0.413% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3451 | −0.434% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3528 | −0.257% | $7.1M | $38.2M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.110% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3440 | −0.458% | $112K | $499K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3539 | −0.231% | $219.9M | $428.6M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3550 | −0.206% | $61.1M | $295.2M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3601 | −0.090% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3508 | −0.302% | $35.7M | $62.9M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Kraken Futures PF_NEARUSD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3530 | −0.252% | $52.8M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3516 | −0.284% | $71.9M | $127.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3658 | +0.042% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3647 | +0.015% | $253K | $902K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3469 | −0.393% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3540 | −0.229% | $166K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3464 | −0.403% | $277K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3487 | −0.351% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3500 | −0.321% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3495 | −0.332% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3510 | −0.298% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3468 | −0.393% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3485 | −0.356% | $3.6M | $16.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3519 | −0.278% | $202K | $38K | 3x | as long as short |
| Aster NEARUSDT | +0.0127% | 8h | 4.3526 | −0.262% | $2.7M | $4.8M | 50x | as long as short |
| Hyperliquid NEAR | +0.0139% | 1h | 4.3550 | −0.206% | $350.9M | $316.1M | 10x | as long as short |
| HTX NEAR-USDTlong | +0.0153% | 8h | 4.3640 | long leg | $465K | $3.8M | 75x | |
| MEXC NEAR_USDT | +0.0159% | 8h | 4.3520 | −0.275% | $87.8M | $153.6M | 200x | as long as short |
| Binance NEARUSDT | +0.0159% | 8h | 4.3541 | −0.226% | $263.7M | $1.09B | 75x | as long as short |
| BingX NEAR-USDT | +0.0171% | 8h | 4.3520 | −0.275% | — | $144.4M | — | as long as short |
| Kalshi KXNEARPERP | +0.0174% | 8h | 4.3472 | −0.385% | $981K | $25.1M | 2.2x | as long as short |
| 01 Exchange NEARUSD | +0.0232% | 1h | 4.3449 | −0.438% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0279% | 8h | 4.3500 | −0.321% | $13.3M | $32.1M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0339% / S −0.0239% | 1h | 4.3504 | −0.312% | $252K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0388% | 1h | 4.3425 | −0.493% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0456% | 1h | 4.3559 | −0.186% | $1.0M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3595 | −0.103% | $2.3M | $17.0M | 50x | as long as short |
| Lighter RH NEAR | +0.0504% | 1h | 4.3562 | −0.179% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEAR | +0.0560% | 1h | 4.3576 | −0.146% | $17.2M | $25.4M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3460 | −0.412% | $228K | $1.5M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0854% | 1h | 4.3527 | −0.259% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3469 | −0.391% | $409K | $1.4M | 10x | as long as short |
| Phoenix NEARshort | +0.0949% | 1h | 4.3782 | +0.325% | $1.8M | $2.4M | 10x | |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3446 | −0.444% | $608K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1129% | 1h | 4.3533 | −0.245% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Aster NEARUSDT
Hyperliquid NEAR
MEXC NEAR_USDT
Binance NEARUSDT
BingX NEAR-USDT
Kalshi KXNEARPERP
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Arcus NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD