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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.91 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget+0.222%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$240.245% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 7 days−0.170%−$17 · spread now +0.222%, 7d avg +0.032%
Together, before fees−0.150%−$15 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 MEXC is 0.190% dearer against Bitget than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NEARUSDT4.42220.0100pay 0.0100% / 8h1h 34m$73.1M$127.4M75x
ShortMEXC NEAR_USDT4.43200.0191get 0.0191% / 8h1h 34m$80.7M$147.3M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$19.11
Price spread: +0.222% → +0.032%
$19.01
Slippage, 4 orders
−$12.45
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
$13.66
Costs to cover
0.245%
Break-even
2.0 days
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago0.11 bp8.6 bp −$910.5 bp −$10530.5 bp −$3,052doesn't fit
Sell MEXC live order book, 5 min ago1.12 bp2.4 bp −$25.8 bp −$5865.8 bp −$6,585101.6 bp −$50.8K

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%1h4.4238+0.036%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4209−0.028%$109K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4250+0.064%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.359%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4240+0.041%$111K$494K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4284+0.140%$224.7M$436.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4260+0.086%$62.5M$298.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5008+1.777%$256K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4257+0.079%$35.4M$61.3M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4260+0.086%$53.4M$46.5M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDTlong+0.0100%8h4.4222long leg$73.1M$127.4M75x
Variational Omni NEAR+0.0100%8h4.4297+0.170%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4392+0.385%$259K$964K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4380+0.357%$167K$805K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4265+0.097%$300K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4282+0.136%$59K$236K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4350+0.289%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4350+0.289%$469K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4320+0.222%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0106%8h4.4200−0.049%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0114%8h4.4327+0.237%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4229+0.016%$206K$38K3xas long as short
SoDEX NEAR-USD+0.0184%1h4.4235+0.029%$5K$53K10xas long as short
BingX NEAR-USDT+0.0190%8h4.4260+0.086%$143.9Mas long as short
MEXC NEAR_USDTshort+0.0191%8h4.4320+0.222%$80.7M$147.3M200x
Binance NEARUSDT+0.0194%8h4.4283+0.138%$270.2M$1.09B75xas long as short
Extended NEAR-USD+0.0232%1h4.4220−0.005%$3.7M$18.7M25xas long as short
Kalshi KXNEARPERP+0.0279%8h4.4255+0.075%$1.1M$25.2M2.2xas long as short
BloFin NEAR-USDT+0.0311%8h4.4340+0.267%$13.7M$32.8M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0197%1h4.4263+0.093%$234K100xas long as short
Aster NEARUSDT+0.0321%8h4.4250+0.064%$2.8M$5.0M50xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4289+0.152%$2.3M$16.7M50xas long as short
01 Exchange NEARUSD+0.0448%1h4.4258+0.081%$13K$7K10xas long as short
Hyperliquid NEAR+0.0481%1h4.4289+0.152%$362.5M$312.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0482%1h4.4268+0.104%$1.4M$6.8M20xas long as short
Nado NEAR-PERP+0.0602%1h4.4230+0.018%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0660%1h4.4228+0.013%$7.3M$38.4M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4250+0.063%$224K$1.6M10xas long as short
Lighter NEAR+0.0880%1h4.4322+0.226%$17.4M$25.1M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0903%1h4.4291+0.156%$1.9M$13.1M25xas long as short
Lighter RH NEAR+0.0912%1h4.4322+0.226%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4771+1.241%$1.8M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4257+0.080%$408K$1.4M10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4239+0.039%$662K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1278%1h4.4460+0.538%$6K$12K10xas long as short