Funding you earn now, next payment 03:00 UTC−0.0239%/8h= −26.2% APRnext payment −$0.30 per $10,000 · paid last 24h −0.049%
Price spread now: Kraken Futures against RISEx−0.034%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Funding, last 4 days (all we have)−0.201%−$20 on $10k
+Price spread, last 4 days (all we have)+0.968%+$97 · spread now −0.034%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Kraken Futures is 0.027% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx NEAR/USDC | 4.4968 | 0.0924 | pay 0.0116% / 1h | 25m 18s | $543K | $1.3M | 10x |
| Short | Kraken Futures PF_NEARUSD | 4.4952 | 0.0685 | get 0.0086% / 1h | 25m 18s | $8.3M | $41.0M | 50x |
RISEx NEAR/USDC
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against RISEx. 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
- −$50.22
- Price spread: −0.034% → −0.008%
- −$2.7
- Slippage, 4 orders
- −$28.83
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$97.74
- Costs to cover
- 0.448%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 3 min ago; Kraken Futures: live order book, 4 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 RISEx live order book, 3 min ago | 2.66 bp | 5.7 bp −$6 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 6.77 bp | 21.2 bp −$21 | 25.0 bp −$250 | 49.1 bp −$4,907 | 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 | 4.4902 | −0.147% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0016% | 1h | 4.4923 | −0.100% | $2.2M | $14.9M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.4836 | −0.293% | $111K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4876 | −0.204% | $659K | $20.1M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.4922 | −0.102% | $207K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −7.912% | $578 | $302K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.4900 | −0.151% | $117K | $490K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4834 | −0.297% | $423K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.4987 | +0.042% | $273.9M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.4950 | −0.040% | $226.5M | $420.1M | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDT
Bybit NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.4880 | −0.195% | $64.5M | $298.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4421 | −1.217% | $253K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.4918 | −0.111% | $32.6M | $63.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.4950 | −0.040% | $78.2M | $143.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.4940 | −0.062% | $56.3M | $44.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4876 | −0.204% | $73.9M | $127.5M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.4890 | −0.173% | — | $145.5M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4586 | −0.849% | $8.7M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4330 | −1.418% | $266K | $985K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4439 | −1.176% | $1.5M | $1.4M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4320 | −1.441% | $173K | $793K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.4943 | −0.055% | $223K | $3.7M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.4901 | −0.149% | $62K | $195K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.4960 | −0.017% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.4910 | −0.129% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5000 | +0.072% | $469K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.4900 | −0.151% | $3.9M | $8.1M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.4879 | −0.198% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.4861 | −0.238% | $3.9M | $18.7M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4920 | −0.107% | $209K | $34K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.4950 | −0.040% | $13.9M | $32.8M | 75x | as long as short |
| Aster NEARUSDT | +0.0247% | 8h | 4.4940 | −0.062% | $3.1M | $5.4M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0352% | 1h | 4.4979 | +0.025% | $13K | $7K | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0355% / S −0.0246% | 1h | 4.4916 | −0.115% | $265K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0369% | 1h | 4.4890 | −0.172% | $1.9M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0410% | 1h | 4.4970 | +0.005% | $214K | $1.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0545% | 1h | 4.4815 | −0.340% | $1.4M | $6.6M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0641% | 1h | 4.4953 | −0.033% | $2.0M | $4.4M | 25x | as long as short |
| Hyperliquid NEAR | +0.0673% | 1h | 4.4973 | +0.012% | $374.3M | $310.2M | 10x | as long as short |
| Kraken Futures PF_NEARUSDshort | +0.0685% | 1h | 4.4952 | −0.034% | $8.3M | $41.0M | 50x | |
| Lighter RH NEAR | +0.0688% | 1h | 4.5016 | +0.107% | $1.7M | $7.0M | 10x | as long as short |
| Phoenix NEAR | +0.0855% | 1h | 4.4889 | −0.175% | $1.9M | $2.7M | 10x | as long as short |
| RISEx NEAR/USDClong | +0.0924% | 1h | 4.4968 | long leg | $543K | $1.3M | 10x | |
| Lighter NEAR | +0.1264% | 1h | 4.5026 | +0.128% | $18.0M | $26.0M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.1573% | 1h | 4.4432 | −1.192% | $6K | $12K | 10x | as long as short |
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
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
BloFin NEAR-USDT
Aster NEARUSDT
01 Exchange NEARUSD
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Arcus NEAR-USD
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
Lighter RH NEAR
Phoenix NEAR
Lighter NEAR
Aftermath Perps NEARUSD