Funding arb · Price arb /

NEAR

all NEAR markets

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: Binance against BingX+0.017%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$470.470% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX NEAR-USDC	4.4590	0.0100	pay 0.0100% / 8h	4h 49m	—	$6.6M	—
Short	Binance NEARUSDT	4.4598	0.0100	get 0.0100% / 8h	4h 49m	$273.5M	$1.11B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → 0.000%: $1.71
Slippage, 4 orders: −$26.99
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$45.28
Costs to cover: 0.470%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; Binance: live order book, 9 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 BingX live order book, 2 min ago	2.23 bp	16.6 bp −$17	25.4 bp −$254	68.5 bp −$6,851	546.5 bp −$273.2K
Sell Binance live order book, 9 min ago	1.11 bp	8.8 bp −$9	13.5 bp −$135	36.0 bp −$3,597	117.5 bp −$58.7K

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	4.4633	+0.097%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4683	+0.209%	$2.2M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4694	+0.234%	$110K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4626	+0.081%	$611K	$22.2M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4688	+0.220%	$167K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−7.132%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4670	+0.179%	$117K	$517K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4740	+0.337%	$425K	$1.2M	10x	as long as short
Binance NEARUSDTshort	+0.0100%	8h	4.4598	+0.017%	$273.5M	$1.11B	75x
Bybit NEARUSDT	+0.0100%	8h	4.4571	−0.043%	$223.3M	$425.6M	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	4.4560	−0.067%	$63.8M	$303.4M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.5100	+1.144%	$257K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4582	−0.018%	$32.1M	$62.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4620	+0.067%	$76.7M	$146.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4610	+0.045%	$55.2M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4570	−0.045%	$73.3M	$130.6M	75x	as long as short
BingX NEAR-USDClong	+0.0100%	8h	4.4590	long leg	—	$6.6M	—
Variational Omni NEAR	+0.0100%	8h	4.4797	+0.465%	$8.7M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4912	+0.722%	$269K	$977K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4926	+0.753%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4950	+0.807%	$173K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4645	+0.123%	$245K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4685	+0.213%	$57K	$237K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4760	+0.381%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4655	+0.146%	$8K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4700	+0.247%	$465K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4600	+0.022%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4730	+0.313%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4711	+0.270%	$208K	$40K	3x	as long as short
Extended NEAR-USD	+0.0208%	1h	4.4560	−0.068%	$4.0M	$19.6M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4840	+0.561%	$14.2M	$33.6M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0236%	1h	4.4639	+0.110%	$1.4M	$6.7M	20x	as long as short
01 Exchange NEARUSD	+0.0296%	1h	4.4687	+0.218%	$13K	$7K	10x	as long as short
Aster NEARUSDT	+0.0307%	8h	4.4644	+0.121%	$3.1M	$5.6M	50x	as long as short
Hyperliquid NEAR	+0.0327%	1h	4.4660	+0.157%	$370.1M	$325.2M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0338% / S −0.0216%	1h	4.4688	+0.219%	$249K	—	100x	as long as short
Nado NEAR-PERP	+0.0513%	1h	4.4626	+0.081%	$1.9M	$3.1M	10x	as long as short
Lighter RH NEAR	+0.0544%	1h	4.4701	+0.249%	$1.6M	$7.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4730	+0.314%	$221K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0581%	1h	4.4678	+0.196%	$8.3M	$40.3M	50x	as long as short
Lighter NEAR	+0.0696%	1h	4.4730	+0.314%	$18.0M	$26.2M	15x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0757%	1h	4.4737	+0.330%	$2.1M	$6.6M	25x	as long as short
Phoenix NEAR	+0.0794%	1h	4.5018	+0.960%	$1.9M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4722	+0.297%	$565K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1577%	1h	4.4863	+0.613%	$6K	$12K	10x	as long as short