Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Popdex against Phemex+0.243%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$880.883% of the position
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−1.009%−$101 · spread now +0.243%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.250% dearer against Phemex than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NEARUSDT | 4.5260 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $3.5M | $8.0M | 50x |
| Short | Popdex NEARUSDT | 4.5370 | 0.0096 | get 0.0012% / 1h | 57m 24s | $120K | $521K | 50x |
Phemex NEARUSDT
Popdex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Phemex. 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
- −$0.84
- Price spread: +0.243% → −0.007%
- $24.99
- Slippage, 4 orders
- −$69.94
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$64.19
- Costs to cover
- 0.883%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; Popdex: live order book, 36 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 Phemex live order book, 1 min ago | 5.51 bp | 21.6 bp −$22 | 77.9 bp −$779 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 36 min ago | 4.59 bp | 9.7 bp −$10 | 58.0 bp −$580 | 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 | 4.5317 | +0.125% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0139% | 1h | 4.5351 | +0.202% | $7.4M | $38.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5340 | +0.176% | $110K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5437 | +0.391% | $170K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −8.506% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDTshort | +0.0096% | 1h | 4.5370 | +0.243% | $120K | $521K | 50x | |
| Aster NEARUSDT | +0.0100% | 8h | 4.5344 | +0.185% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5340 | +0.177% | $275.4M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5360 | +0.221% | $235.7M | $435.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5330 | +0.155% | $64.6M | $310.1M | 50x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.5370 | +0.243% | $234K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5308 | +0.105% | $261K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5309 | +0.108% | $39.0M | $61.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5330 | +0.155% | $82.9M | $162.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5340 | +0.177% | $53.9M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5314 | +0.119% | $74.8M | $128.4M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.5320 | +0.133% | — | $82.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5317 | +0.125% | $9.4M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5378 | +0.262% | $268K | $880K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5362 | +0.226% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5390 | +0.287% | $169K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5370 | +0.243% | $282K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5368 | +0.239% | $59K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5410 | +0.331% | $2K | $1.3M | 20x | as long as short |
| Phemex NEARUSDTlong | +0.0100% | 8h | 4.5260 | long leg | $3.5M | $8.0M | 50x | |
| Extended NEAR-USD | +0.0104% | 1h | 4.5323 | +0.138% | $3.8M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5380 | +0.266% | $211K | $38K | 3x | as long as short |
| Paradex NEAR-USD-PERP | +0.0109% | 8h | 4.5403 | +0.316% | $33K | $413 | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0125% | 8h | 4.5293 | +0.073% | $858K | $25.5M | 2.2x | as long as short |
| HTX NEAR-USDT | +0.0218% | 8h | 4.5350 | +0.199% | $479K | $3.8M | 75x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5280 | +0.044% | $12.7M | $33.4M | 75x | as long as short |
| SoDEX NEAR-USD | +0.0253% | 1h | 4.5275 | +0.033% | $5K | $44K | 10x | as long as short |
| Hyperliquid NEAR | +0.0285% | 1h | 4.5369 | +0.241% | $368.4M | $321.7M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0296% | 1h | 4.5352 | +0.203% | $13K | $5K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0347% / S −0.0242% | 1h | 4.5333 | +0.160% | $265K | — | 100x | as long as short |
| Lighter NEAR | +0.0384% | 1h | 4.5410 | +0.331% | $17.8M | $23.3M | 15x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5365 | +0.232% | $2.3M | $18.0M | 50x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5341 | +0.179% | $648K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0688% | 1h | 4.5450 | +0.420% | $1.6M | $6.0M | 10x | as long as short |
| Nado NEAR-PERP | +0.0707% | 1h | 4.5315 | +0.122% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0713% | 1h | 4.5303 | +0.095% | $1.1M | $7.2M | 20x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.5602 | +0.756% | $1.8M | $2.2M | 10x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.5379 | +0.263% | $428K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1140% | 1h | 4.5388 | +0.283% | $2.0M | $13.1M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1258% | 1h | 4.5358 | +0.215% | $6K | $7K | 10x | as long as short |
Arcus NEAR-USD
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
Extended NEAR-USD
Aevo NEAR-PERP
Paradex NEAR-USD-PERP
Kalshi KXNEARPERP
HTX NEAR-USDT
BloFin NEAR-USDT
SoDEX NEAR-USD
Hyperliquid NEAR
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Lighter NEAR
Coinbase International NEAR-PERP-INTX
RISEx NEAR/USDC
Lighter RH NEAR
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD