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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin+0.023%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$390.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.235%−$23 on $10k
Price spread, last 4 days (all we have)−0.417%−$42 · spread now +0.023%, 7d avg +0.006%
Together, before fees−0.652%−$65 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.35400.0220pay 0.0220% / 8h3h 51m$13.7M$32.3M75x
ShortBinance NEARUSDT4.35500.0100get 0.0100% / 8h3h 51m$268.0M$1.10B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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: +0.023% → +0.006%
$1.68
Slippage, 4 orders
−$17.2
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$62.72
Costs to cover
0.392%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Binance: live order book, 8 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 BloFin live order book, 3 min ago5.72 bp11.7 bp −$1215.5 bp −$15540.1 bp −$4,00895.6 bp −$47.8K
Sell Binance live order book, 8 min ago1.14 bp7.7 bp −$811.9 bp −$11933.2 bp −$3,32098.7 bp −$49.3K

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%1h4.3532−0.019%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3515−0.057%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3481−0.135%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.892%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3527−0.030%$2.3M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3500−0.092%$107K$501K50xas long as short
Binance NEARUSDTshort+0.0100%8h4.3550+0.023%$268.0M$1.10B75x
Bybit NEARUSDT+0.0100%8h4.3497−0.099%$219.2M$424.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3490−0.115%$62.1M$292.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3771+0.531%$249K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3528−0.028%$31.8M$60.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.35400.000%$74.0M$143.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3530−0.023%$54.2M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3498−0.096%$71.4M$129.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3510−0.069%$146.2Mas long as short
Variational Omni NEAR+0.0100%8h4.3637+0.224%$8.4M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3582+0.097%$255K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3520−0.046%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3560+0.046%$167K$801K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3562+0.051%$247K$3.8M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3487−0.122%$56K$244K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3570+0.069%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3550+0.023%$455K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3570+0.069%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3495−0.102%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3483−0.132%$202K$40K3xas long as short
Kalshi KXNEARPERP+0.0114%8h4.3522−0.041%$574K$22.7M2.2xas long as short
BloFin NEAR-USDTlong+0.0220%8h4.3540long leg$13.7M$32.3M75x
Pacifica NEAR+0.0263%1h4.3533−0.016%$414K$1.2M10xas long as short
Aster NEARUSDT+0.0309%8h4.3538−0.006%$2.9M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0319% / S −0.0191%1h4.3484−0.128%$231K100xas long as short
SoDEX NEAR-USD+0.0379%1h4.3485−0.126%$8K$52K10xas long as short
01 Exchange NEARUSD+0.0512%1h4.3538−0.005%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0546%1h4.3585+0.103%$1.4M$6.5M20xas long as short
Hyperliquid NEAR+0.0597%1h4.3587+0.108%$359.1M$318.1M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3550+0.023%$214K$1.6M10xas long as short
Extended NEAR-USD+0.0640%1h4.3473−0.155%$3.9M$19.7M25xas long as short
Nado NEAR-PERP+0.0689%1h4.3505−0.080%$1.9M$3.1M10xas long as short
Kraken Futures PF_NEARUSD+0.0708%1h4.3506−0.079%$7.7M$39.6M50xas long as short
Lighter RH NEAR+0.0848%1h4.3561+0.048%$1.5M$7.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0854%1h4.3510−0.069%$1.9M$8.1M25xas long as short
Phoenix NEAR+0.0941%1h4.3617+0.177%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.1162%1h4.3545+0.012%$595K$1.4M10xas long as short
Lighter NEAR+0.1352%1h4.3584+0.100%$17.6M$24.8M15xas long as short
Aftermath Perps NEARUSD+0.1633%1h4.3672+0.304%$5K$12K10xas long as short