Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against KuCoin−0.069%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$880.883% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.945%+$95 · spread now −0.069%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.060% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NEARUSDTM | 4.3640 | 0.0100 | pay 0.0100% / 8h | 7h 34m | $52.4M | $45.4M | 75x |
| Short | Phemex NEARUSDT | 4.3610 | 0.0100 | get 0.0100% / 8h | 7h 34m | $3.5M | $8.1M | 50x |
KuCoin NEARUSDTM
Phemex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. 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
- $0
- Price spread: −0.069% → −0.009%
- −$5.98
- Slippage, 4 orders
- −$64.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$94.24
- Costs to cover
- 0.883%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Phemex: live order book, 4 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 KuCoin live order book, 4 min ago | 2.29 bp | 16.6 bp −$17 | 33.6 bp −$336 | 118.8 bp −$11.9K | doesn't fit |
| Sell Phemex live order book, 4 min ago | 5.72 bp | 25.3 bp −$25 | 47.4 bp −$474 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0433% | 1h | 4.3636 | −0.009% | $7.2M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3617 | −0.052% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3703 | +0.143% | $107K | $65K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3699 | +0.135% | $164K | — | 150x | 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 | 4.3740 | +0.229% | $119K | $503K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3636 | −0.010% | $2.7M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3605 | −0.080% | $219.8M | $427.8M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3590 | −0.115% | $61.5M | $294.6M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3740 | +0.229% | $221K | $1.5M | 10x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus 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 | 4.3599 | −0.094% | $36.4M | $62.1M | 75x | as long as short |
| KuCoin NEARUSDTMlong | +0.0100% | 8h | 4.3640 | long leg | $52.4M | $45.4M | 75x | |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3608 | −0.073% | $71.9M | $127.8M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3708 | +0.155% | $9.0M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3747 | +0.246% | $254K | $893K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3650 | +0.023% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3730 | +0.206% | $165K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3725 | +0.195% | $273K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3704 | +0.147% | $56K | $239K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3790 | +0.344% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3645 | +0.011% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDTshort | +0.0100% | 8h | 4.3610 | −0.069% | $3.5M | $8.1M | 50x | |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3708 | +0.157% | $252K | $3K | 10x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3702 | +0.142% | $32K | $585 | 10x | as long as short |
| Binance NEARUSDT | +0.0103% | 8h | 4.3623 | −0.039% | $263.3M | $1.09B | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3617 | −0.052% | $3.6M | $15.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3698 | +0.134% | $203K | $40K | 3x | as long as short |
| MEXC NEAR_USDT | +0.0105% | 8h | 4.3620 | −0.046% | $89.9M | $157.4M | 200x | as long as short |
| BingX NEAR-USDT | +0.0112% | 8h | 4.3620 | −0.046% | — | $83.5M | — | as long as short |
| Kalshi KXNEARPERP | +0.0146% | 8h | 4.3710 | +0.160% | $866K | $25.5M | 2.2x | as long as short |
| BloFin NEAR-USDT | +0.0223% | 8h | 4.3640 | 0.000% | $12.6M | $32.4M | 75x | as long as short |
| Hyperliquid NEAR | +0.0228% | 1h | 4.3658 | +0.041% | $352.8M | $316.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0272% | 1h | 4.3715 | +0.172% | $1.7M | $3.2M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0320% | 1h | 4.3789 | +0.341% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0255% | 1h | 4.3599 | −0.095% | $257K | — | 100x | as long as short |
| HTX NEAR-USDT | +0.0401% | 8h | 4.3710 | +0.160% | $462K | $3.7M | 75x | as long as short |
| Lighter RH NEAR | +0.0456% | 1h | 4.3669 | +0.066% | $1.5M | $6.4M | 10x | as long as short |
| Lighter NEAR | +0.0472% | 1h | 4.3694 | +0.123% | $17.2M | $23.9M | 15x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3709 | +0.158% | $2.3M | $17.2M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0521% | 1h | 4.3648 | +0.018% | $1.1M | $7.1M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0620% | 1h | 4.3723 | +0.190% | $1.9M | $13.1M | 25x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3752 | +0.257% | $593K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3717 | +0.177% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.3762 | +0.280% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1058% | 1h | 4.3766 | +0.290% | $5K | $7K | 10x | as long as short |
Gate NEAR_USDT
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
Bulk NEAR-USD
Paradex NEAR-USD-PERP
Binance NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
MEXC NEAR_USDT
BingX NEAR-USDT
Kalshi KXNEARPERP
BloFin NEAR-USDT
Hyperliquid NEAR
Nado NEAR-PERP
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
HTX NEAR-USDT
Lighter RH NEAR
Lighter NEAR
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD