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

NEAR

all NEAR markets
SwapBacktest
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: GRVT against Bitget+0.590%53s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.398% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 7 days−0.509%−$51 · spread now +0.590%, 7d avg +0.039%
Together, before fees−0.447%+ Points / potential airdropGRVT: Active · farm board−$45 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: GRVT is 0.551% dearer against Bitget than usual: you sell high and buy low, +$55 on $10k if it goes back to its 7-day average of +0.039%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NEARUSDT4.31600.0100pay 0.0100% / 8h3h 10m$71.2M$127.3M75x
ShortGRVT NEAR_USDT_Perp4.34150.0100get 0.0100% / 8h3h 10m$1.4M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: +0.590% → +0.039%
$55.07
Slippage, 4 orders
−$18.8
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$15.27
Costs to cover
0.398%
Break-even
from the start
Slippage from Bitget: live order book, 3 min ago; GRVT: 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 Bitget live order book, 3 min ago0.12 bp9.7 bp −$1013.4 bp −$13421.5 bp −$2,147doesn't fit
Sell GRVT live order book, 3 min ago2.30 bp6.8 bp −$714.5 bp −$145doesn'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
Reya NEARRUSDPERP−0.0171%1h4.3276+0.269%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3146−0.032%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3243+0.192%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.055%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3272+0.259%$2.3M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3170+0.023%$110K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3201+0.096%$264.1M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3166+0.014%$213.5M$425.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.31600.000%$61.1M$286.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3449+0.670%$248K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3157−0.007%$32.0M$62.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3200+0.093%$73.6M$146.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3180+0.046%$53.5M$45.8M75xas long as short
Bitget NEARUSDTlong+0.0100%8h4.3160long leg$71.2M$127.3M75x
BingX NEAR-USDT+0.0100%8h4.3170+0.023%$144.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3247+0.202%$8.2M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3426+0.616%$254K$946K20xas long as short
GRVT NEAR_USDT_Perpshort+0.0100%8h4.3415+0.590%$1.4M$1.5M10x
ApeX Omni NEARUSDT+0.0100%1h4.3430+0.626%$167K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3313+0.354%$271K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3280+0.278%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3380+0.510%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3360+0.463%$468K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3270+0.255%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3151−0.021%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3270+0.255%$201K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3300+0.324%$13.5M$32.0M75xas long as short
Pacifica NEAR+0.0263%1h4.3190+0.070%$399K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0281%8h4.3324+0.380%$871K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3240+0.185%$234K100xas long as short
Aster NEARUSDT+0.0336%8h4.3180+0.046%$2.8M$5.5M50xas long as short
SoDEX NEAR-USD+0.0347%1h4.3255+0.220%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3222+0.144%$13K$7K10xas long as short
Nado NEAR-PERP+0.0557%1h4.3282+0.282%$1.8M$3.1M10xas long as short
Extended NEAR-USD+0.0568%1h4.3148−0.028%$3.8M$19.9M25xas long as short
Hyperliquid NEAR+0.0580%1h4.3213+0.123%$353.9M$314.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0586%1h4.3244+0.195%$1.3M$6.8M20xas long as short
Arcus NEAR-USD+0.0627%1h4.3210+0.116%$212K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0652%1h4.3283+0.285%$1.9M$9.8M25xas long as short
Kraken Futures PF_NEARUSD+0.0713%1h4.3251+0.210%$7.6M$38.9M50xas long as short
Lighter RH NEAR+0.0920%1h4.3243+0.192%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3478+0.737%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1088%1h4.3245+0.196%$17.4M$25.1M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3202+0.097%$674K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1584%1h4.3379+0.507%$5K$13K10xas long as short