Funding you earn now, next payment 23:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.047%
Price spread now: Coinbase International against Orderly+0.056%7-day average −0.024% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 3 days (all we have)−0.067%−$7 · spread now +0.056%, 7d avg −0.024%
=The price spread pays, funding is against you. Coinbase International is 0.080% dearer against Orderly than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.024%): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.161% in total) that is about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NEAR_USDC | 4.2600 | 0.0100 | pay 0.0100% / 8h | 41m 51s | $56K | $194K | 20x |
| Short | Coinbase International NEAR-PERP-INTX | 4.2624 | −0.0072 | pay 0.0009% / 1h | 41m 51s | $2.2M | $13.0M | 50x |
Orderly PERP_NEAR_USDC
Coinbase International NEAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Orderly. 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
- −$36.12
- Price spread: +0.056% → −0.024%
- $8.03
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$44.09
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 2 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 2 min ago | 4.82 bp | 12.8 bp −$13 | 18.5 bp −$185 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4.2533 | −0.157% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | −0.0072% | 1h | 4.2624 | +0.056% | $2.2M | $13.0M | 50x | |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2616 | +0.039% | $110K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2606 | +0.014% | $418K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2613 | +0.030% | $203K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −2.793% | $578 | $302K | 12x | as long as short |
| Bybit NEARUSDT | +0.0087% | 8h | 4.2570 | −0.070% | $218.4M | $421.4M | 75x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2500 | −0.235% | $108K | $496K | 50x | as long as short |
| Variational Omni NEAR | +0.0098% | 8h | 4.2670 | +0.164% | $7.8M | $18.0M | — | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2532 | −0.159% | $31K | $647 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Bybit NEARUSDT
Popdex NEARUSDT
Variational Omni NEAR
Paradex NEAR-USD-PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NEARUSDT | +0.0100% | 8h | 4.2611 | +0.025% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2614 | +0.033% | $401K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2586 | −0.032% | $252.2M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2590 | −0.023% | $60.7M | $284.4M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2520 | −0.188% | $201K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3000 | +0.939% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2582 | −0.042% | $30.0M | $59.0M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2590 | −0.023% | $77.6M | $140.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2600 | 0.000% | $55.7M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2580 | −0.047% | $70.7M | $126.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2570 | −0.070% | — | $138.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2703 | +0.242% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2699 | +0.233% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2710 | +0.258% | $178K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2556 | −0.103% | $205K | $3.4M | 10x | as long as short |
| Orderly PERP_NEAR_USDClong | +0.0100% | 8h | 4.2600 | long leg | $56K | $194K | 20x | |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2660 | +0.141% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2578 | −0.052% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2570 | −0.070% | $3.8M | $8.3M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2572 | −0.065% | $4.0M | $15.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2588 | −0.028% | $205K | $62K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2587 | −0.030% | $7.4M | $36.9M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0176% | 1h | 4.2529 | −0.167% | $12K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2690 | +0.211% | $13.1M | $30.7M | 75x | as long as short |
| Lighter RH NEAR | +0.0360% | 1h | 4.2623 | +0.054% | $1.5M | $7.0M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0373% / S −0.0313% | 1h | 4.2610 | +0.023% | $272K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2550 | −0.118% | $410K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0421% | 1h | 4.2607 | +0.016% | $1.3M | $5.5M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0431% | 1h | 4.2634 | +0.080% | $1.9M | $2.3M | 25x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2745 | +0.340% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0823% | 1h | 4.2535 | −0.153% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0863% | 8h | 4.2640 | +0.094% | $455K | $3.7M | 75x | as long as short |
| Hyperliquid NEAR | +0.1036% | 1h | 4.2637 | +0.087% | $366.3M | $299.2M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1189% | 1h | 4.2796 | +0.460% | $5K | $11K | 10x | as long as short |
| Lighter NEAR | +0.1808% | 1h | 4.2681 | +0.190% | $16.4M | $23.7M | 15x | as long as short |
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
01 Exchange NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Phoenix NEAR
Nado NEAR-PERP
HTX NEAR-USDT
Hyperliquid NEAR
Aftermath Perps NEARUSD
Lighter NEAR