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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0116%/8h= +12.7% APRnext payment +$1.16 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance+0.138%111s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.335% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.235%+$23 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.138%, 7d avg −0.006%
Together, before fees+0.308%+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.144% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEARUSDT4.35500.0119pay 0.0119% / 8h2h 13m$265.2M$1.09B75x
ShortBloFin NEAR-USDT4.36100.0236get 0.0236% / 8h2h 13m$13.3M$32.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$24.45
Price spread: +0.138% → −0.006%
$14.41
Slippage, 4 orders
−$11.47
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$5.39
Costs to cover
0.335%
Break-even
5.5 days
Slippage from Binance: live order book, 16 min ago; BloFin: 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 Binance live order book, 16 min ago1.16 bp7.5 bp −$813.1 bp −$13135.4 bp −$3,542108.4 bp −$54.2K
Sell BloFin live order book, 6 min ago2.30 bp10.5 bp −$1119.5 bp −$19533.9 bp −$3,39174.4 bp −$37.2K

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%1h4.3530−0.045%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3575+0.057%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3490−0.138%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.914%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3600+0.115%$115K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3467−0.191%$217.6M$420.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3510−0.092%$61.6M$289.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3050−1.148%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3530−0.046%$33.1M$60.5M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.35500.000%$52.5M$46.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3537−0.030%$71.8M$126.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.3478−0.166%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3566+0.037%$254K$967K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3591+0.095%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3617+0.154%$279K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3542−0.018%$57K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3620+0.161%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3690+0.321%$470K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3630+0.184%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3547−0.007%$31K$60810xas long as short
BingX NEAR-USDC+0.0105%8h4.3530−0.046%$6.6Mas long as short
Aevo NEAR-PERP+0.0112%1h4.3657+0.245%$203K$37K3xas long as short
MEXC NEAR_USDT+0.0115%8h4.35500.000%$82.1M$145.6M200xas long as short
Binance NEARUSDTlong+0.0119%8h4.3550long leg$265.2M$1.09B75x
BloFin NEAR-USDTshort+0.0236%8h4.3610+0.138%$13.3M$32.0M75x
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3666+0.266%$2.3M$16.3M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0312% / S −0.0201%1h4.3488−0.143%$233K100xas long as short
Kalshi KXNEARPERP+0.0312%8h4.3558+0.018%$994K$24.7M2.2xas long as short
Aster NEARUSDT+0.0336%8h4.35500.000%$2.8M$5.2M50xas long as short
Nado NEAR-PERP+0.0394%1h4.3540−0.024%$1.7M$3.2M10xas long as short
ApeX Omni NEARUSDT+0.0435%1h4.3520−0.069%$167K$795K50xas long as short
Extended NEAR-USD+0.0512%1h4.3552+0.005%$3.7M$19.4M25xas long as short
SoDEX NEAR-USD+0.0550%1h4.3625+0.172%$5K$52K10xas long as short
Hyperliquid NEAR+0.0658%1h4.3566+0.037%$357.8M$311.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0690%1h4.3649+0.227%$1.3M$6.6M20xas long as short
Kraken Futures PF_NEARUSD+0.0725%1h4.3603+0.121%$7.3M$39.1M50xas long as short
01 Exchange NEARUSD+0.0736%1h4.3659+0.250%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.3610+0.138%$226K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.3596+0.106%$399K$1.3M10xas long as short
Lighter NEAR+0.0920%1h4.3631+0.185%$17.1M$25.2M15xas long as short
Phoenix NEAR+0.1033%1h4.3660+0.253%$1.8M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1104%1h4.3630+0.184%$1.9M$11.7M25xas long as short
Lighter RH NEAR+0.1112%1h4.3633+0.191%$1.5M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.3602+0.120%$691K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1317%1h4.3417−0.306%$5K$12K10xas long as short