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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0011%/8h= −1.2% APRnext payment $0.11 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BingX−0.023%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.023% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEAR-USDC4.39700.0133pay 0.0133% / 8h7h 48m$6.6M
ShortMEXC NEAR_USDT4.39600.0122get 0.0122% / 8h7h 48m$92.7M$153.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$2.31
Price spread: −0.023% → 0.000%
−$2.27
Slippage, 4 orders
−$28.8
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$43.39
Costs to cover
0.388%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; MEXC: 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 BingX live order book, 4 min ago1.14 bp12.2 bp −$1230.3 bp −$30367.3 bp −$6,730437.4 bp −$218.7K
Sell MEXC live order book, 6 min ago1.15 bp3.2 bp −$310.4 bp −$10421.4 bp −$2,13969.8 bp −$34.9K

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
Kraken Futures PF_NEARUSD−0.0430%1h4.3954−0.036%$7.3M$38.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3869−0.229%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3703−0.607%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3920−0.113%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.822%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3850−0.273%$119K$503K50xas long as short
Aster NEARUSDT+0.0100%8h4.3946−0.054%$2.8M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.3956−0.032%$221.5M$429.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.39700.000%$62.0M$298.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3810−0.364%$229K$1.5M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk NEAR-USD+0.0100%1h4.3750−0.500%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.3972+0.005%$36.5M$61.7M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3990+0.045%$53.2M$45.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.39700.000%$72.7M$127.7M75xas long as short
Variational Omni NEAR+0.0100%8h4.3688−0.642%$9.0M$18.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.3651−0.725%$253K$894K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3670−0.681%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3660−0.705%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3830−0.318%$273K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3947−0.052%$59K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4000+0.068%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3945−0.057%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3950−0.045%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3736−0.532%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3914−0.127%$3.6M$16.0M25xas long as short
Hyperliquid NEAR+0.0110%1h4.3998+0.064%$354.5M$317.2M10xas long as short
Aevo NEAR-PERP+0.0112%1h4.3950−0.044%$204K$40K3xas long as short
Binance NEARUSDT+0.0121%8h4.3981+0.025%$265.4M$1.09B75xas long as short
MEXC NEAR_USDTshort+0.0122%8h4.3960−0.023%$92.7M$153.6M200x
BingX NEAR-USDClong+0.0133%8h4.3970long leg$6.6M
Kalshi KXNEARPERP+0.0153%8h4.3750−0.500%$886K$25.2M2.2xas long as short
BloFin NEAR-USDT+0.0242%8h4.3640−0.751%$12.5M$32.2M75xas long as short
01 Exchange NEARUSD+0.0264%1h4.3871−0.225%$13K$7K10xas long as short
Nado NEAR-PERP+0.0312%1h4.3890−0.182%$1.7M$3.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0348% / S −0.0248%1h4.3894−0.173%$256K100xas long as short
Lighter RH NEAR+0.0376%1h4.4018+0.109%$1.5M$6.4M10xas long as short
HTX NEAR-USDT+0.0443%8h4.4010+0.091%$466K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3978+0.018%$2.3M$17.2M50xas long as short
Lighter NEAR+0.0552%1h4.4015+0.102%$17.4M$23.8M15xas long as short
Backpack NEAR_USDC_PERP+0.0572%1h4.4024+0.123%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.3811−0.362%$594K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.3735−0.534%$412K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3729−0.548%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1081%1h4.3666−0.690%$5K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1571%1h4.4010+0.091%$1.9M$13.1M25xas long as short