Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Binance against ApeX Omni−0.308%49s7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as 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−$490.487% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.308%, 7d avg −0.065%

Together, before fees−0.046%−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.242% cheaper against ApeX Omni than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.065%. The two prices were read 49 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	ApeX Omni NEARUSDT	4.3290	0.0100	pay 0.0013% / 1h	6m 48s	$181K	$775K	50x
Short	Binance NEARUSDT	4.3157	0.0100	get 0.0100% / 8h	7h 06m	$257.5M	$1.05B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee BinancebpOrdersPrice spread, now −0.308%Rate

Funding earned: $0
Price spread: −0.308% → −0.065%: −$24.23
Slippage, 4 orders: −$28.66
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$72.89
Costs to cover: 0.487%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 67 min ago; Binance: live order book, 7 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 ApeX Omni live order book, 67 min ago	7.03 bp	15.2 bp −$15	100.9 bp −$1,009	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	1.15 bp	7.6 bp −$8	12.9 bp −$129	38.2 bp −$3,816	118.3 bp −$59.1K

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	4.3244	−0.107%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0130%	1h	4.3351	+0.140%	$8.0M	$38.0M	50x	as long as short
Phemex NEARUSDT	−0.0115%	8h	4.3250	−0.092%	$3.8M	$8.4M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3319	+0.067%	$2.2M	$13.0M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3117	−0.400%	$112K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3248	−0.097%	$346K	$18.6M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3280	−0.022%	$159K	—	150x	as long as short
Variational Omni NEAR	+0.0010%	8h	4.3248	−0.097%	$8.2M	$18.9M	—	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.343%	$578	$302K	12x	as long as short
01 Exchange NEARUSD	+0.0040%	1h	4.3234	−0.129%	$13K	$7K	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex NEARUSDT	+0.0096%	1h	4.3240	−0.116%	$115K	$474K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3318	+0.065%	$57K	$162K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3215	−0.173%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3217	−0.168%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3158	−0.306%	$402K	$1.2M	10x	as long as short
Binance NEARUSDTshort	+0.0100%	8h	4.3157	−0.308%	$257.5M	$1.05B	75x
Bybit NEARUSDT	+0.0100%	8h	4.3100	−0.439%	$218.1M	$413.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3090	−0.462%	$61.0M	$275.9M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3260	−0.069%	$205K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3243	−0.109%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3178	−0.259%	$31.0M	$60.9M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3110	−0.416%	$75.4M	$141.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3200	−0.208%	$56.1M	$42.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3155	−0.312%	$71.9M	$122.0M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3160	−0.300%	—	$141.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3251	−0.090%	$258K	$1.1M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3241	−0.113%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDTlong	+0.0100%	1h	4.3290	long leg	$181K	$775K	50x
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3270	−0.046%	$198K	$3.4M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3300	+0.023%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3310	+0.046%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3350	+0.139%	$457K	$3.7M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3140	−0.346%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3316	+0.059%	$202K	$31K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3250	−0.092%	$13.1M	$27.7M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0375% / S −0.0307%	1h	4.3282	−0.019%	$276K	—	100x	as long as short
Hyperliquid NEAR	+0.0416%	1h	4.3231	−0.136%	$366.9M	$301.1M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3266	−0.056%	$404K	$1.2M	10x	as long as short
Nado NEAR-PERP	+0.0429%	1h	4.3240	−0.114%	$1.9M	$3.1M	10x	as long as short
Lighter RH NEAR	+0.0480%	1h	4.3183	−0.247%	$1.6M	$7.0M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0490%	1h	4.3260	−0.069%	$1.3M	$5.9M	20x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3397	+0.247%	$1.8M	$2.7M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0651%	1h	4.3348	+0.134%	$1.9M	$3.9M	25x	as long as short
Aftermath Perps NEARUSD	+0.1505%	1h	4.3309	+0.044%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1792%	1h	4.3272	−0.041%	$17.3M	$24.7M	15x	as long as short