Funding you earn now, next payment 01:00 UTC+0.0525%/8h= +57.5% APRnext payment +$0.66 per $10,000 · paid last 24h +0.120%
Price spread now: Deribit against Reya+0.061%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Deribit is 0.061% dearer against Reya than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya NEARRUSDPERP | 4.3030 | −0.0171 | get 0.0021% / 1h | 47m 43s | $2K | — | 20x |
| Short | Deribit NEAR_USDC-PERPETUAL | 4.3056 | 0.0354 | get 0.0044% / 1h | 47m 43s | $1.9M | $3.0M | 25x |
Reya NEARRUSDPERP
Deribit NEAR_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Reya. 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
- $110.22
- Price spread: +0.061% → 0.000%
- $6.11
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $103.33
- Costs to cover
- 0.130%
- Break-even
- 0.4 days
Slippage unknown: Reya: no order-book sample; Deribit: live order book, 1 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 Reya no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 1 min ago | 5.92 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex NEARUSDT | −0.0213% | 8h | 4.2970 | −0.139% | $3.8M | $8.5M | 50x | as long as short |
| Bybit NEARUSDT | −0.0181% | 8h | 4.2887 | −0.332% | $218.8M | $418.6M | 75x | as long as short |
| Reya NEARRUSDPERPlong | −0.0171% | 1h | 4.3030 | long leg | $2K | — | 20x | |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.2987 | −0.100% | $7.6M | $37.1M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3081 | +0.119% | $2.3M | $13.0M | 50x | as long as short |
| Gate NEAR_USDT | −0.0038% | 8h | 4.2887 | −0.332% | $30.9M | $58.7M | 75x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2901 | −0.300% | $111K | $64K | 10x | as long as short |
| 01 Exchange NEARUSD | 0.0000% | 1h | 4.2906 | −0.287% | $13K | $7K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3069 | +0.091% | $377K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3068 | +0.090% | $204K | — | 150x | as long as short |
Phemex NEARUSDT
Bybit NEARUSDT
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
Gate NEAR_USDT
dYdX NEAR-USD
01 Exchange NEARUSD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEAR | +0.0014% | 8h | 4.2988 | −0.096% | $7.9M | $18.6M | — | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −3.764% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2900 | −0.301% | $112K | $478K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.3035 | +0.012% | $57K | $193K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2890 | −0.324% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3006 | −0.056% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2912 | −0.273% | $402K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2910 | −0.278% | $254.8M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2880 | −0.348% | $61.0M | $279.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2920 | −0.255% | $197K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3050 | +0.047% | $245K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2930 | −0.232% | $79.6M | $138.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2930 | −0.232% | $56.2M | $43.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2901 | −0.299% | $71.2M | $125.0M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.2890 | −0.325% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3101 | +0.166% | $277K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3082 | +0.121% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3000 | −0.069% | $180K | $791K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3068 | +0.089% | $193K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3070 | +0.094% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2973 | −0.132% | $5K | $53K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3160 | +0.303% | $459K | $3.6M | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2879 | −0.349% | $3.9M | $16.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3022 | −0.018% | $200K | $28K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3080 | +0.117% | $13.0M | $29.3M | 75x | as long as short |
| Hyperliquid NEAR | +0.0303% | 1h | 4.2964 | −0.153% | $366.4M | $300.1M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUALshort | +0.0354% | 1h | 4.3056 | +0.061% | $1.9M | $3.0M | 25x | |
| Lighter RH NEAR | +0.0368% | 1h | 4.2959 | −0.164% | $1.6M | $6.9M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0377% / S −0.0313% | 1h | 4.3069 | +0.091% | $276K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2929 | −0.234% | $408K | $1.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0437% | 1h | 4.3022 | −0.018% | $1.9M | $3.3M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0492% | 1h | 4.2984 | −0.106% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.3171 | +0.328% | $1.8M | $2.7M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1238% | 1h | 4.3054 | +0.057% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.2224% | 1h | 4.3032 | +0.005% | $17.2M | $23.9M | 15x | as long as short |
Variational Omni NEAR
Injective NEAR/USDC PERP
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Hyperliquid NEAR
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Phoenix NEAR
Aftermath Perps NEARUSD
Lighter NEAR