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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bitget+0.237%95s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.444% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.256%+$26 on $10k
Price spread, last 3 days (all we have)−0.052%−$5 · spread now +0.237%, 7d avg +0.025%
Together, before fees+0.204%+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.212% dearer against Bitget than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.025%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NEARUSDT4.26790.0100pay 0.0100% / 8h1m 44s$70.8M$126.0M75x
ShortBloFin NEAR-USDT4.27800.0220get 0.0220% / 8h1m 44s$13.0M$29.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$25.2
Price spread: +0.237% → +0.025%
$21.21
Slippage, 4 orders
−$20.38
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$2.03
Costs to cover
0.444%
Break-even
6.4 days
Slippage from Bitget: live order book, 7 min ago; BloFin: live order book, 7 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 Bitget live order book, 7 min ago0.82 bp9.2 bp −$913.7 bp −$13735.2 bp −$3,515doesn't fit
Sell BloFin live order book, 7 min ago3.51 bp13.2 bp −$1315.2 bp −$15242.5 bp −$4,251123.7 bp −$61.8K

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%1h4.2659−0.046%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2786+0.251%$2.2M$13.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.2701+0.052%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2746+0.157%$391K$18.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2744+0.153%$203K150xas long as short
Variational Omni NEAR+0.0032%8h4.2749+0.165%$7.8M$18.5Mas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−2.973%$578$302K12xas long as short
Bybit NEARUSDT+0.0037%8h4.2670−0.021%$217.1M$421.8M75xas long as short
01 Exchange NEARUSD+0.0064%1h4.2726+0.110%$13K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2690+0.026%$110K$496K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0099%8h4.2754+0.176%$57K$194K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2694+0.036%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2723+0.102%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2711+0.074%$400K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2691+0.028%$253.0M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2670−0.021%$60.6M$285.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2700+0.049%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2757+0.183%$244K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2686+0.016%$30.8M$60.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2700+0.049%$79.0M$142.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2710+0.073%$55.7M$43.4M75xas long as short
Bitget NEARUSDTlong+0.0100%8h4.2679long leg$70.8M$126.0M75x
BingX NEAR-USDC+0.0100%8h4.2680+0.002%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2741+0.146%$244K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2826+0.344%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2820+0.330%$179K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2692+0.030%$194K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2800+0.284%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2745+0.155%$4K$54K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2750+0.166%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.2667−0.029%$3.8M$16.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2741+0.145%$202K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2769+0.210%$7.6M$37.4M50xas long as short
BloFin NEAR-USDTshort+0.0220%8h4.2780+0.237%$13.0M$29.3M75x
Lighter RH NEAR+0.0336%1h4.2761+0.192%$1.6M$7.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0316%1h4.2751+0.169%$275K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2715+0.085%$418K$1.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0405%1h4.2786+0.251%$1.9M$2.8M25xas long as short
Backpack NEAR_USDC_PERP+0.0449%1h4.2774+0.223%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2887+0.487%$1.8M$2.7M10xas long as short
Hyperliquid NEAR+0.0583%1h4.2729+0.117%$364.0M$301.3M10xas long as short
Nado NEAR-PERP+0.0655%1h4.2690+0.026%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0739%8h4.2820+0.330%$457K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1189%1h4.2798+0.279%$5K$12K10xas long as short
Lighter NEAR+0.1784%1h4.2830+0.353%$16.9M$24.7M15xas long as short