Funding you earn now, next payment 04:00 UTC+0.0764%/8h= +83.6% APRnext payment +$0.95 per $10,000 · paid last 24h +0.177%
Price spread now: Kraken Futures against Reya−0.103%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Kraken Futures is 0.103% cheaper against Reya than usual: you would sell low and buy high (spread −0.103% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 11 hours of funding at the current rate (+$23 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya NEARRUSDPERP | 4.3857 | −0.0171 | get 0.0021% / 1h | 8m 03s | $2K | — | 20x |
| Short | Kraken Futures PF_NEARUSD | 4.3812 | 0.0593 | get 0.0074% / 1h | 8m 03s | $7.9M | $39.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $160.36
- Price spread: −0.103% → 0.000%
- −$10.26
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $134.1
- Costs to cover
- 0.160%
- Break-even
- 1.1 days
Slippage unknown: Reya: no order-book sample; Kraken Futures: 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 Kraken Futures live order book, 1 min ago | 7.17 bp | 17.9 bp −$18 | 22.8 bp −$228 | 57.9 bp −$5,790 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERPlong | −0.0171% | 1h | 4.3857 | long leg | $2K | — | 20x | |
| Coinbase International NEAR-PERP-INTX | −0.0008% | 1h | 4.3801 | −0.127% | $2.2M | $15.6M | 50x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3973 | +0.265% | $617K | $22.3M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3838 | −0.043% | $164K | — | 150x | as long as short |
| dYdX NEAR-USD | +0.0008% | 1h | 4.3906 | +0.112% | $108K | $69K | 10x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.579% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3890 | +0.075% | $113K | $514K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3940 | +0.188% | $418K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3841 | −0.037% | $270.1M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3830 | −0.061% | $220.7M | $423.9M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3830 | −0.061% | $62.5M | $296.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4054 | +0.450% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3759 | −0.223% | $31.8M | $64.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3810 | −0.107% | $73.7M | $150.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3830 | −0.061% | $54.6M | $46.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3788 | −0.157% | $72.0M | $130.1M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3800 | −0.130% | — | $146.8M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4067 | +0.479% | $8.5M | $18.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4083 | +0.515% | $264K | $962K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4010 | +0.350% | $1.5M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4090 | +0.531% | $170K | $801K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3890 | +0.075% | $243K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3853 | −0.009% | $56K | $227K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4050 | +0.440% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3980 | +0.281% | $455K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3840 | −0.039% | $3.8M | $8.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3940 | +0.191% | $32K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3855 | −0.004% | $204K | $40K | 3x | as long as short |
| SoDEX NEAR-USD | +0.0188% | 1h | 4.3820 | −0.084% | $8K | $52K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3910 | +0.121% | $13.7M | $32.5M | 75x | as long as short |
| Aster NEARUSDT | +0.0305% | 8h | 4.3841 | −0.037% | $2.9M | $5.5M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0320% / S −0.0190% | 1h | 4.3828 | −0.066% | $233K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0338% | 1h | 4.3822 | −0.080% | $1.3M | $6.4M | 20x | as long as short |
| 01 Exchange NEARUSD | +0.0352% | 1h | 4.3938 | +0.185% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0388% | 1h | 4.3844 | −0.029% | $361.5M | $319.8M | 10x | as long as short |
| Extended NEAR-USD | +0.0480% | 1h | 4.3794 | −0.143% | $3.9M | $19.6M | 25x | as long as short |
| Nado NEAR-PERP | +0.0565% | 1h | 4.3899 | +0.097% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0581% | 1h | 4.4000 | +0.326% | $217K | $1.7M | 10x | as long as short |
| Kraken Futures PF_NEARUSDshort | +0.0593% | 1h | 4.3812 | −0.103% | $7.9M | $39.7M | 50x | |
| Deribit NEAR_USDC-PERPETUAL | +0.0594% | 1h | 4.3860 | +0.007% | $2.0M | $7.3M | 25x | as long as short |
| Lighter RH NEAR | +0.0696% | 1h | 4.3843 | −0.032% | $1.5M | $7.2M | 10x | as long as short |
| Phoenix NEAR | +0.0794% | 1h | 4.4000 | +0.326% | $1.8M | $2.8M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0926% | 1h | 4.3972 | +0.262% | $591K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.1032% | 1h | 4.3887 | +0.070% | $17.7M | $26.5M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1604% | 1h | 4.4008 | +0.346% | $5K | $12K | 10x | as long as short |
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
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
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
SoDEX NEAR-USD
BloFin NEAR-USDT
Aster NEARUSDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
01 Exchange NEARUSD
Hyperliquid NEAR
Extended NEAR-USD
Deribit NEAR_USDC-PERPETUAL
Lighter RH NEAR
Phoenix NEAR
RISEx NEAR/USDC
Lighter NEAR
Aftermath Perps NEARUSD