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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against Binance−0.327%7-day average −0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 3 days (all we have)+0.550%+$55 · spread now −0.327%, 7d avg −0.004%
Together, before fees+0.526%+$53 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: Orderly is 0.323% cheaper against Binance than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEARUSDT4.29780.0100pay 0.0100% / 8h49m 47s$254.5M$1.07B75x
ShortOrderly PERP_NEAR_USDC4.28380.0100get 0.0100% / 8h49m 47s$57K$194K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$0
Price spread: −0.327% → −0.004%
−$32.29
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$48.29
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 9 min ago; Orderly: no order-book sample. Net counts fees only.

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, 9 min ago1.16 bp7.7 bp −$811.4 bp −$11427.8 bp −$2,783112.5 bp −$56.3K
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.2784−0.453%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2907−0.166%$2.2M$13.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.2884−0.219%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2914−0.150%$394K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2842−0.317%$204K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.649%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2800−0.415%$108K$497K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2933−0.106%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2949−0.069%$3.0M$5.5M50xas long as short
Pacifica NEAR+0.0100%1h4.2935−0.101%$403K$1.2M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDTlong+0.0100%8h4.2978long leg$254.5M$1.07B75x
Bybit NEARUSDT+0.0100%8h4.2940−0.089%$220.9M$421.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2940−0.089%$61.2M$286.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2830−0.345%$197K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000+0.050%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2976−0.006%$30.4M$58.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2970−0.020%$79.9M$139.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2990+0.027%$56.4M$43.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2973−0.013%$71.4M$126.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2970−0.020%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3020+0.096%$8.0M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3254+0.641%$270K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3290+0.725%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3350+0.865%$181K$789K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2822−0.364%$201K$3.3M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.2838−0.327%$57K$194K20x
SunX NEAR-USDT+0.0100%8h4.2890−0.206%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2850−0.299%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2860−0.276%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2941−0.087%$4.0M$15.8M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2800−0.415%$206K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2862−0.271%$7.5M$36.8M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2960−0.043%$13.0M$30.8M75xas long as short
01 Exchange NEARUSD+0.0232%1h4.2822−0.364%$13K$7K10xas long as short
Lighter RH NEAR+0.0312%1h4.3035+0.132%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0390% / S −0.0343%1h4.2850−0.299%$291K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2830−0.345%$413K$1.2M10xas long as short
Phoenix NEAR+0.0463%1h4.3418+1.023%$1.8M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0465%1h4.2906−0.169%$1.3M$5.6M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0474%1h4.2870−0.252%$1.9M$2.3M25xas long as short
Nado NEAR-PERP+0.0865%1h4.2782−0.458%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0890%8h4.2980+0.004%$459K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1164%1h4.3105+0.294%$5K$11K10xas long as short
Hyperliquid NEAR+0.1281%1h4.3044+0.153%$371.2M$297.6M10xas long as short
Lighter NEAR+0.2192%1h4.3185+0.481%$16.6M$23.6M15xas long as short