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+0.0097%/8h= +10.6% APRnext payment +$0.97 per $10,000 · paid last 24h +0.066%
Price spread now: HTX against BingX+0.725%7-day average +0.263% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$690.690% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.597%+$60 on $10k
Price spread, last 3 days (all we have)−0.134%−$13 · spread now +0.725%, 7d avg +0.263%
Together, before fees+0.463%+$46 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 HTX is 0.462% dearer against BingX than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of +0.263%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEAR-USDC4.27300.0100pay 0.0100% / 8h7h 55m$6.6M
ShortHTX NEAR-USDT4.30400.0197get 0.0197% / 8h7h 55m$459K$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
$20.31
Price spread: +0.725% → +0.263%
$46.25
Slippage, 4 orders
−$46.95
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$2.39
Costs to cover
0.690%
Break-even
7.8 days
Slippage from BingX: live order book, 2 min ago; HTX: live order book, 3 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 BingX live order book, 2 min ago1.17 bp10.3 bp −$1025.4 bp −$25464.6 bp −$6,456377.0 bp −$188.5K
Sell HTX live order book, 3 min ago7.00 bp24.1 bp −$2469.1 bp −$691doesn't fitdoesn'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
Phemex NEARUSDT−0.1868%8h4.2960+0.538%$3.8M$8.5M50xas long as short
Bybit NEARUSDT−0.0265%8h4.2760+0.070%$217.7M$419.8M75xas long as short
Reya NEARRUSDPERP−0.0171%1h4.2742+0.028%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.2978+0.580%$7.6M$37.3M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2934+0.477%$2.3M$13.1M50xas long as short
01 Exchange NEARUSD−0.0008%1h4.2753+0.054%$13K$7K10xas long as short
dYdX NEAR-USD0.0000%1h4.2784+0.125%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2916+0.435%$387K$18.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2915+0.432%$203K150xas long as short
Variational Omni NEAR+0.0019%8h4.2869+0.326%$7.9M$18.5Mas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.089%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2780+0.117%$111K$483K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.2959+0.536%$57K$194K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2737+0.017%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2839+0.256%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2792+0.145%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2770+0.094%$253.6M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2750+0.047%$60.7M$281.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2760+0.070%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2646−0.196%$243K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2733+0.007%$30.9M$58.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2780+0.117%$79.1M$138.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2780+0.117%$55.8M$43.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2760+0.070%$70.9M$125.5M75xas long as short
BingX NEAR-USDClong+0.0100%8h4.2730long leg$6.6M
edgeX NEARUSDC+0.0100%4h4.2790+0.140%$244K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2819+0.208%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2780+0.117%$179K$794K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2783+0.124%$194K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3020+0.679%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2945+0.503%$4K$53K10xas long as short
Extended NEAR-USD+0.0104%1h4.2710−0.047%$3.9M$16.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3094+0.852%$201K$28K3xas long as short
HTX NEAR-USDTshort+0.0197%8h4.3040+0.725%$459K$3.6M75x
BloFin NEAR-USDT+0.0220%8h4.2850+0.281%$13.1M$29.3M75xas long as short
Hyperliquid NEAR+0.0353%1h4.2843+0.264%$365.1M$301.5M10xas long as short
Lighter RH NEAR+0.0368%1h4.2850+0.281%$1.6M$6.8M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0377% / S −0.0315%1h4.2895+0.386%$276K100xas long as short
RISEx NEAR/USDC+0.0428%1h4.2781+0.121%$418K$1.2M10xas long as short
Phoenix NEAR+0.0463%1h4.2848+0.276%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0493%1h4.2750+0.047%$1.9M$3.4M10xas long as short
Backpack NEAR_USDC_PERP+0.0499%1h4.2994+0.618%$1.4M$5.6M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0518%1h4.2997+0.625%$1.9M$2.9M25xas long as short
Aftermath Perps NEARUSD+0.1179%1h4.2824+0.221%$5K$12K10xas long as short
Lighter NEAR+0.1712%1h4.2919+0.443%$16.9M$23.4M15xas long as short