Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Binance−0.106%7-day average +0.135% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 4 days (all we have)+0.747%+$75 · spread now −0.106%, 7d avg +0.135%

Together, before fees+0.787%+$79 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: SunX is 0.242% cheaper against Binance than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.135%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NEARUSDT	4.4678	0.0100	pay 0.0100% / 8h	4h 42m	$273.2M	$1.11B	75x
Short	SunX NEAR-USDT	4.4630	0.0100	get 0.0100% / 8h	4h 42m	$1K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee BinancebpFee SunXbpOrdersPrice spread, now −0.106%Rate

Funding earned: $0
Price spread: −0.106% → +0.135%: −$24.19
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$42.19
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 16 min ago; SunX: live order book, 12 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 Binance live order book, 16 min ago	1.11 bp	6.8 bp −$7	13.0 bp −$130	34.8 bp −$3,482	121.0 bp −$60.5K
Sell SunX live order book, 12 min ago	501.28 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	4.4514	−0.366%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4509	−0.377%	$2.2M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4687	+0.022%	$110K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4690	+0.028%	$619K	$22.2M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4528	−0.334%	$166K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.314%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4540	−0.308%	$118K	$517K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4673	−0.011%	$427K	$1.2M	10x	as long as short
Binance NEARUSDTlong	+0.0100%	8h	4.4678	long leg	$273.2M	$1.11B	75x
Bybit NEARUSDT	+0.0100%	8h	4.4693	+0.035%	$223.8M	$425.1M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4570	−0.241%	$63.2M	$303.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4550	−0.285%	$254K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4555	−0.274%	$32.2M	$63.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4530	−0.330%	$74.9M	$147.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4540	−0.308%	$55.3M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4592	−0.191%	$73.3M	$130.7M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4580	−0.218%	—	$147.3M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4367	−0.696%	$8.6M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4481	−0.441%	$267K	$979K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4375	−0.678%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4230	−1.002%	$170K	$793K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4554	−0.276%	$241K	$4.0M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4545	−0.297%	$57K	$237K	20x	as long as short
SunX NEAR-USDTshort	+0.0100%	8h	4.4630	−0.106%	$1K	$1.4M	20x
SoDEX NEAR-USD	+0.0100%	1h	4.4523	−0.346%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4740	+0.140%	$466K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4500	−0.397%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4598	−0.179%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4545	−0.297%	$207K	$40K	3x	as long as short
Hyperliquid NEAR	+0.0184%	1h	4.4654	−0.053%	$368.8M	$327.0M	10x	as long as short
Extended NEAR-USD	+0.0200%	1h	4.4507	−0.382%	$4.0M	$19.6M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0214%	1h	4.4507	−0.382%	$1.4M	$6.6M	20x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4550	−0.285%	$14.1M	$33.2M	75x	as long as short
01 Exchange NEARUSD	+0.0240%	1h	4.4533	−0.323%	$13K	$7K	10x	as long as short
Aster NEARUSDT	+0.0303%	8h	4.4579	−0.220%	$3.1M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0339% / S −0.0217%	1h	4.4536	−0.316%	$249K	—	100x	as long as short
Lighter RH NEAR	+0.0456%	1h	4.4668	−0.021%	$1.6M	$7.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0491%	1h	4.4556	−0.272%	$2.0M	$6.8M	25x	as long as short
Nado NEAR-PERP	+0.0511%	1h	4.4496	−0.406%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4680	+0.006%	$221K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0583%	1h	4.4513	−0.368%	$8.2M	$40.2M	50x	as long as short
Lighter NEAR	+0.0688%	1h	4.4680	+0.006%	$18.0M	$26.2M	15x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4521	−0.350%	$1.8M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4558	−0.267%	$563K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1554%	1h	4.4629	−0.108%	$6K	$12K	10x	as long as short