Funding you earn now, next payment 05:00 UTC−0.0420%/8h= −46.0% APRpaid last 24h −0.018%
Price spread now: Phemex against 01 Exchange−0.083%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Phemex is 0.083% cheaper against 01 Exchange than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange NEARUSD | 4.3256 | 0.0520 | pay 0.0065% / 1h | 7m 35s | $13K | $7K | 10x |
| Short | Phemex NEARUSDT | 4.3220 | 0.0100 | get 0.0100% / 8h | 3h 07m | $3.7M | $8.3M | 50x |
01 Exchange NEARUSD
Phemex NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against 01 Exchange. 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
- −$88.2
- Price spread: −0.083% → 0.000%
- −$8.32
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$115.52
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Phemex: 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 1 min ago | 4.63 bp | 16.3 bp −$16 | 37.6 bp −$376 | doesn't fit | doesn't fit |
01 Exchange: 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 NEARRUSDPERP | −0.0171% | 1h | 4.3179 | −0.178% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3157 | −0.228% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3170 | −0.200% | $162K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.268% | $578 | $301K | 12x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0056% | 1h | 4.3242 | −0.032% | $2.3M | $15.8M | 50x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3200 | −0.129% | $110K | $501K | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3231 | −0.057% | $264.1M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3164 | −0.213% | $213.6M | $425.7M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3180 | −0.176% | $61.1M | $286.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3449 | +0.446% | $248K | −$0 | 10x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTX
Popdex NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NEAR_USDT | +0.0100% | 8h | 4.3157 | −0.229% | $32.1M | $62.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3200 | −0.129% | $74.0M | $146.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3190 | −0.153% | $53.6M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3175 | −0.187% | $71.2M | $127.3M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3170 | −0.199% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3247 | −0.021% | $8.2M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3144 | −0.259% | $252K | $948K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3206 | −0.116% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3430 | +0.402% | $167K | $796K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3194 | −0.143% | $270K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3206 | −0.116% | $57K | $246K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3300 | +0.102% | $2K | $1.4M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3260 | +0.009% | $467K | $3.9M | 75x | as long as short |
| Phemex NEARUSDTshort | +0.0100% | 8h | 4.3220 | −0.083% | $3.7M | $8.3M | 50x | |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3155 | −0.234% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3230 | −0.060% | $201K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3200 | −0.129% | $13.4M | $31.9M | 75x | as long as short |
| Pacifica NEAR | +0.0263% | 1h | 4.3181 | −0.174% | $398K | $1.3M | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0271% | 8h | 4.3188 | −0.157% | $868K | $23.5M | 2.2x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0323% / S −0.0198% | 1h | 4.3172 | −0.195% | $233K | — | 100x | as long as short |
| Aster NEARUSDT | +0.0335% | 8h | 4.3217 | −0.090% | $2.8M | $5.5M | 50x | as long as short |
| SoDEX NEAR-USD | +0.0339% | 1h | 4.3205 | −0.118% | $6K | $53K | 10x | as long as short |
| 01 Exchange NEARUSDlong | +0.0520% | 1h | 4.3256 | long leg | $13K | $7K | 10x | |
| Nado NEAR-PERP | +0.0559% | 1h | 4.3151 | −0.242% | $1.8M | $3.1M | 10x | as long as short |
| Extended NEAR-USD | +0.0560% | 1h | 4.3173 | −0.191% | $3.8M | $19.9M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0572% | 1h | 4.3248 | −0.018% | $1.3M | $6.8M | 20x | as long as short |
| Hyperliquid NEAR | +0.0585% | 1h | 4.3207 | −0.113% | $353.9M | $312.5M | 10x | as long as short |
| Arcus NEAR-USD | +0.0627% | 1h | 4.3240 | −0.037% | $212K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0713% | 1h | 4.3200 | −0.131% | $7.6M | $38.9M | 50x | as long as short |
| Lighter RH NEAR | +0.0920% | 1h | 4.3221 | −0.081% | $1.5M | $7.4M | 10x | as long as short |
| Phoenix NEAR | +0.0941% | 1h | 4.3324 | +0.157% | $1.8M | $2.8M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0978% | 1h | 4.3223 | −0.076% | $1.9M | $9.9M | 25x | as long as short |
| Lighter NEAR | +0.1072% | 1h | 4.3240 | −0.036% | $17.4M | $25.1M | 15x | as long as short |
| RISEx NEAR/USDC | +0.1162% | 1h | 4.3230 | −0.059% | $671K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1586% | 1h | 4.3268 | +0.029% | $5K | $13K | 10x | as long as short |
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BloFin NEAR-USDT
Pacifica NEAR
Kalshi KXNEARPERP
GMX NEAR/USD [ETH-USDC]
Aster NEARUSDT
SoDEX NEAR-USD
Nado NEAR-PERP
Extended NEAR-USD
Backpack NEAR_USDC_PERP
Hyperliquid NEAR
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
Lighter RH NEAR
Phoenix NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD