Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Bybit against Polymarket Perps−0.078%47s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.297% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now −0.078%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.027% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.052%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NEAR-USD | 4.3464 | 0.0100 | pay 0.0013% / 1h | 11m 43s | $276K | $4.1M | 10x |
| Short | Bybit NEARUSDT | 4.3430 | 0.0100 | get 0.0100% / 8h | 11m 43s | $219.3M | $428.7M | 75x |
Polymarket Perps NEAR-USD
Bybit NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Polymarket Perps. 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: −0.078% → −0.052%
- −$2.65
- Slippage, 4 orders
- −$10.67
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$32.32
- Costs to cover
- 0.297%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; Bybit: live order book, 2 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 Polymarket Perps live order book, 2 min ago | 2.29 bp | 6.4 bp −$6 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.14 bp | 8.4 bp −$8 | 13.4 bp −$134 | 33.6 bp −$3,355 | 148.4 bp −$74.2K |
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 | 4.3429 | −0.081% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3460 | −0.010% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3411 | −0.122% | $163K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0017% | 1h | 4.3368 | −0.221% | $7.1M | $38.4M | 50x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.726% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3460 | −0.009% | $113K | $498K | 50x | as long as short |
| Bybit NEARUSDTshort | +0.0100% | 8h | 4.3430 | −0.078% | $219.3M | $428.7M | 75x | |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3460 | −0.009% | $61.0M | $294.6M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3601 | +0.314% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3468 | +0.009% | $35.6M | $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
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 | 4.3480 | +0.037% | $52.7M | $46.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3467 | +0.007% | $71.9M | $127.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3658 | +0.447% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3647 | +0.420% | $253K | $902K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3636 | +0.395% | $1.4M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3640 | +0.405% | $166K | $816K | 50x | as long as short |
| Polymarket Perps NEAR-USDlong | +0.0100% | 1h | 4.3464 | long leg | $276K | $4.1M | 10x | |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3418 | −0.106% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3510 | +0.106% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3385 | −0.182% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3350 | −0.262% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3450 | −0.031% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3460 | −0.009% | $3.6M | $16.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0120% | 1h | 4.3400 | −0.147% | $202K | $38K | 3x | as long as short |
| Aster NEARUSDT | +0.0127% | 8h | 4.3458 | −0.013% | $2.7M | $4.8M | 50x | as long as short |
| Hyperliquid NEAR | +0.0140% | 1h | 4.3507 | +0.099% | $350.6M | $316.1M | 10x | as long as short |
| HTX NEAR-USDT | +0.0152% | 8h | 4.3460 | −0.009% | $463K | $3.8M | 75x | as long as short |
| Binance NEARUSDT | +0.0159% | 8h | 4.3466 | +0.004% | $263.2M | $1.09B | 75x | as long as short |
| MEXC NEAR_USDT | +0.0162% | 8h | 4.3480 | +0.037% | $87.8M | $153.5M | 200x | as long as short |
| Kalshi KXNEARPERP | +0.0176% | 8h | 4.3469 | +0.012% | $981K | $25.1M | 2.2x | as long as short |
| BingX NEAR-USDC | +0.0178% | 8h | 4.3470 | +0.014% | — | $6.7M | — | as long as short |
| 01 Exchange NEARUSD | +0.0240% | 1h | 4.3477 | +0.030% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0282% | 8h | 4.3490 | +0.060% | $13.2M | $32.1M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0339% / S −0.0238% | 1h | 4.3423 | −0.094% | $252K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0389% | 1h | 4.3451 | −0.030% | $1.7M | $3.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0418% | 1h | 4.3423 | −0.094% | $1.9M | $13.1M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0457% | 1h | 4.3443 | −0.048% | $1.0M | $7.1M | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3431 | −0.076% | $2.3M | $16.9M | 50x | as long as short |
| Lighter RH NEAR | +0.0512% | 1h | 4.3520 | +0.129% | $1.5M | $6.7M | 10x | as long as short |
| Lighter NEAR | +0.0560% | 1h | 4.3530 | +0.151% | $17.2M | $25.4M | 15x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3480 | +0.037% | $228K | $1.5M | 10x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3486 | +0.052% | $410K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3782 | +0.732% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3476 | +0.027% | $607K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1142% | 1h | 4.3557 | +0.214% | $5K | $7K | 10x | as long as short |
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
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
HTX NEAR-USDT
Binance NEARUSDT
MEXC NEAR_USDT
Kalshi KXNEARPERP
BingX NEAR-USDC
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Lighter NEAR
Arcus NEAR-USD
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD