Funding you earn now, next payment 04:00 UTC+0.0338%/8h= +37.0% APRnext payment +$0.42 per $10,000 · paid last 24h +0.045%
Price spread now: RISEx against Kraken Futures−0.174%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 4 days (all we have)+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)−0.269%−$27 · spread now −0.174%, 7d avg +0.008%
=Funding pays, the price is against you. RISEx is 0.182% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.174% now, against its 7-day average of +0.008%). If the spread goes back, that is −$18 on $10k: about 43 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NEARUSD | 4.4163 | 0.0588 | pay 0.0074% / 1h | 33m 50s | $8.1M | $39.9M | 50x |
| Short | RISEx NEAR/USDC | 4.4086 | 0.0926 | get 0.0116% / 1h | 33m 50s | $561K | $1.4M | 10x |
Kraken Futures PF_NEARUSD
RISEx NEAR/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Kraken Futures. 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
- $70.9
- Price spread: −0.174% → +0.008%
- −$18.2
- Slippage, 4 orders
- −$30.69
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $6.01
- Costs to cover
- 0.467%
- Break-even
- 6.4 days
Slippage from Kraken Futures: live order book, 5 min ago; RISEx: 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 Kraken Futures live order book, 5 min ago | 11.65 bp | 17.2 bp −$17 | 20.0 bp −$200 | 55.9 bp −$5,589 | 6588.1 bp −$3.29M |
| Sell RISEx live order book, 5 min ago | 3.02 bp | 6.0 bp −$6 | 16.2 bp −$162 | 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 | 4.4113 | −0.114% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.3921 | −0.548% | $2.2M | $15.3M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4128 | −0.079% | $109K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3954 | −0.474% | $598K | $22.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.4101 | −0.141% | $165K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −6.234% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4070 | −0.211% | $117K | $514K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4156 | −0.015% | $422K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4170 | +0.016% | $271.1M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4161 | −0.005% | $221.9M | $424.3M | 75x | 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
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4160 | −0.007% | $62.6M | $299.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3987 | −0.398% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4154 | −0.021% | $32.0M | $63.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4150 | −0.030% | $74.2M | $148.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4200 | +0.084% | $54.9M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4150 | −0.030% | $72.5M | $130.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4160 | −0.007% | — | $147.2M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3977 | −0.421% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4041 | −0.276% | $264K | $978K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4010 | −0.347% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4010 | −0.347% | $169K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4140 | −0.052% | $235K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4139 | −0.055% | $56K | $217K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4080 | −0.188% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4140 | −0.052% | $8K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4220 | +0.129% | $458K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4170 | +0.016% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3984 | −0.405% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4175 | +0.027% | $205K | $40K | 3x | as long as short |
| Hyperliquid NEAR | +0.0167% | 1h | 4.4202 | +0.088% | $364.4M | $325.0M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0220% | 1h | 4.4191 | +0.063% | $1.3M | $6.6M | 20x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4180 | +0.038% | $13.9M | $32.9M | 75x | as long as short |
| Extended NEAR-USD | +0.0224% | 1h | 4.4134 | −0.066% | $4.0M | $19.6M | 25x | as long as short |
| 01 Exchange NEARUSD | +0.0248% | 1h | 4.4078 | −0.193% | $13K | $7K | 10x | as long as short |
| Aster NEARUSDT | +0.0291% | 8h | 4.4160 | −0.007% | $3.0M | $5.6M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0330% / S −0.0206% | 1h | 4.4102 | −0.138% | $240K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0488% | 1h | 4.4216 | +0.120% | $1.5M | $7.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0551% | 1h | 4.4115 | −0.110% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4110 | −0.120% | $221K | $1.8M | 10x | as long as short |
| Kraken Futures PF_NEARUSDlong | +0.0588% | 1h | 4.4163 | long leg | $8.1M | $39.9M | 50x | |
| Phoenix NEAR | +0.0794% | 1h | 4.4338 | +0.396% | $1.8M | $2.8M | 10x | as long as short |
| Lighter NEAR | +0.0896% | 1h | 4.4216 | +0.121% | $17.8M | $26.3M | 15x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0905% | 1h | 4.4191 | +0.063% | $1.9M | $6.9M | 25x | as long as short |
| RISEx NEAR/USDCshort | +0.0926% | 1h | 4.4086 | −0.174% | $561K | $1.4M | 10x | |
| Aftermath Perps NEARUSD | +0.1539% | 1h | 4.4227 | +0.145% | $5K | $12K | 10x | as long as short |
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
BloFin NEAR-USDT
Extended NEAR-USD
01 Exchange NEARUSD
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Nado NEAR-PERP
Arcus NEAR-USD
Phoenix NEAR
Lighter NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD