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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0491%/8h= −53.8% APRnext payment $0.61 per $10,000 · paid last 24h −0.056%
Price spread now: 01 Exchange against Deribit+0.161%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.161% dearer against Deribit than usual: you sell high and buy low (spread +0.161% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit NEAR_USDC-PERPETUAL4.40800.0795pay 0.0099% / 1h23m 52s$2.0M$7.3M25x
Short01 Exchange NEARUSD4.41510.0304get 0.0038% / 1h23m 52s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. 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
−$103.11
Price spread: +0.161% → 0.000%
$16.11
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$101
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Deribit: live order book, 5 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 5 min ago2.05 bp5.6 bp −$6249.7 bp −$2,497doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.4062−0.041%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4046−0.077%$2.3M$15.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.4022−0.131%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4084+0.009%$587K$22.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4039−0.093%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.057%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4090+0.023%$113K$517K50xas long as short
Pacifica NEAR+0.0100%1h4.4087+0.017%$421K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4130+0.113%$270.9M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4072−0.018%$221.5M$424.2M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4070−0.023%$62.7M$299.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4098+0.041%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4087+0.016%$31.9M$63.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4110+0.068%$74.3M$149.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4140+0.136%$54.8M$46.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4088+0.018%$72.5M$130.4M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4090+0.023%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3777−0.688%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3892−0.427%$263K$976K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3860−0.499%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3820−0.590%$168K$801K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4113+0.075%$234K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4063−0.039%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4180+0.227%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4065−0.034%$8K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4180+0.227%$458K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4100+0.045%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4018−0.141%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4088+0.019%$205K$40K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.4040−0.091%$13.9M$32.8M75xas long as short
Hyperliquid NEAR+0.0265%1h4.4157+0.175%$364.1M$324.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0279%1h4.4141+0.138%$1.3M$6.5M20xas long as short
Aster NEARUSDT+0.0291%8h4.4101+0.048%$3.0M$5.6M50xas long as short
01 Exchange NEARUSDshort+0.0304%1h4.4151+0.161%$13K$7K10x
Extended NEAR-USD+0.0312%1h4.4036−0.101%$3.9M$19.7M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0191%1h4.4038−0.094%$232K100xas long as short
Nado NEAR-PERP+0.0532%1h4.4085+0.011%$1.9M$3.1M10xas long as short
Lighter RH NEAR+0.0568%1h4.4130+0.113%$1.5M$7.2M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4150+0.159%$218K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0589%1h4.4099+0.042%$8.1M$39.8M50xas long as short
Phoenix NEAR+0.0794%1h4.3965−0.261%$1.8M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUALlong+0.0795%1h4.4080long leg$2.0M$7.3M25x
Lighter NEAR+0.0896%1h4.4122+0.095%$17.8M$26.5M15xas long as short
RISEx NEAR/USDC+0.0926%1h4.4144+0.145%$585K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1512%1h4.4047−0.075%$5K$12K10xas long as short