Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against ApeX Omni−0.175%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$560.556% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 3 days (all we have)−0.275%−$27 · spread now −0.175%, 7d avg −0.098%
Together, before fees−0.335%−$33 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: Bitget is 0.077% cheaper against ApeX Omni than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.17900.0100pay 0.0013% / 1h33m 27s$175K$793K50x
ShortBitget NEARUSDT4.17170.0100get 0.0100% / 8h1h 33m$69.3M$125.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$0
Price spread: −0.175% → −0.098%
−$7.67
Slippage, 4 orders
−$33.63
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$63.3
Costs to cover
0.556%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 50 min ago; Bitget: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 50 min ago8.49 bp16.9 bp −$17121.5 bp −$1,215doesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago0.36 bp11.2 bp −$1112.6 bp −$12628.4 bp −$2,844doesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.1712−0.188%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1807+0.041%$2.1M$12.7M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.909%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1804+0.032%$108K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1810+0.048%$431K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1754−0.086%$206K150xas long as short
Kraken Futures PF_NEARUSD+0.0048%1h4.1838+0.114%$7.6M$36.8M50xas long as short
01 Exchange NEARUSD+0.0072%1h4.1834+0.105%$12K$7K10xas long as short
Lighter RH NEAR+0.0096%1h4.1866+0.182%$1.5M$6.9M10xas long as short
Popdex NEARUSDT+0.0096%1h4.1780−0.024%$111K$483K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0099%8h4.1748−0.101%$53K$158K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1813+0.056%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1810+0.048%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1836+0.109%$362K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1739−0.123%$238.6M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1730−0.144%$212.7M$423.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1730−0.144%$57.4M$276.1M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1830+0.096%$311K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1500−0.694%$236K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1749−0.098%$29.9M$57.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1730−0.144%$82.1M$141.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1750−0.096%$55.0M$44.4M75xas long as short
Bitget NEARUSDTshort+0.0100%8h4.1717−0.175%$69.3M$125.4M75x
BingX NEAR-USDT+0.0100%8h4.1730−0.144%$136.8Mas long as short
Variational Omni NEAR+0.0100%8h4.1530−0.622%$7.7M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.1767−0.056%$238K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1831+0.098%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.1790long leg$175K$793K50x
Polymarket Perps NEAR-USD+0.0100%1h4.1755−0.084%$206K$3.2M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1840+0.120%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1810+0.048%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1810+0.048%$3.8M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.1803+0.032%$3.8M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1795+0.012%$201K$62K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.1830+0.096%$12.3M$33.5M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0228%1h4.1824+0.081%$1.8M$2.1M25xas long as short
Lighter NEAR+0.0280%1h4.1896+0.254%$16.0M$23.2M15xas long as short
Hyperliquid NEAR+0.0295%1h4.1791+0.002%$352.6M$298.6M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1840+0.119%$411K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0381% / S −0.0328%1h4.1744−0.111%$281K100xas long as short
Backpack NEAR_USDC_PERP+0.0438%1h4.1869+0.189%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0530%1h4.1717−0.173%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1571−0.524%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.0825%1h4.1688−0.244%$5K$11K10xas long as short
HTX NEAR-USDT+0.0986%8h4.1930+0.335%$450K$3.6M75xas long as short