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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against edgeX−0.985%114s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.466% 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+0.981%+$98 · spread now −0.985%, 7d avg −0.022%
Together, before fees+0.919%+ Points / potential airdropedgeX: Active · farm board+$92 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: Bitget is 0.962% cheaper against edgeX than usual: you would sell low and buy high, −$96 on $10k if it goes back to its 7-day average of −0.022%. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.49120.0100pay 0.0050% / 4h49m 47s$269K$977K20x
ShortBitget NEARUSDT4.44700.0100get 0.0100% / 8h4h 49m$73.1M$130.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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: −0.985% → −0.022%
−$96.22
Slippage, 4 orders
−$25.62
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$142.85
Costs to cover
0.466%
Break-even
never at this rate
Slippage from edgeX: live order book, 54 min ago; Bitget: live order book, 4 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 edgeX live order book, 54 min ago7.95 bp13.1 bp −$1333.0 bp −$330doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago0.11 bp8.4 bp −$813.2 bp −$13234.5 bp −$3,446doesn'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%1h4.4633−0.621%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4683−0.510%$2.2M$15.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.4552−0.801%$110K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4626−0.637%$611K$22.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4688−0.498%$167K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.798%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4670−0.539%$117K$517K50xas long as short
Pacifica NEAR+0.0100%1h4.4566−0.772%$426K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4550−0.807%$273.2M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4473−0.978%$222.8M$424.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4460−1.007%$63.8M$302.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5100+0.418%$257K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4582−0.735%$32.1M$62.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4500−0.918%$76.3M$146.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4590−0.717%$55.2M$46.2M75xas long as short
Bitget NEARUSDTshort+0.0100%8h4.4470−0.985%$73.1M$130.5M75x
BingX NEAR-USDT+0.0100%8h4.4590−0.717%$147.6Mas long as short
Variational Omni NEAR+0.0100%8h4.4797−0.256%$8.7M$18.2Mas long as short
edgeX NEARUSDClong+0.0100%4h4.4912long leg$269K$977K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.4926+0.030%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4950+0.084%$173K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4645−0.595%$245K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4685−0.506%$57K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4760−0.339%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4655−0.573%$8K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4700−0.472%$465K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4600−0.695%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4582−0.735%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4711−0.449%$208K$40K3xas long as short
Extended NEAR-USD+0.0208%1h4.4560−0.785%$4.0M$19.6M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.4840−0.161%$14.2M$33.6M75xas long as short
Backpack NEAR_USDC_PERP+0.0236%1h4.4639−0.608%$1.4M$6.7M20xas long as short
01 Exchange NEARUSD+0.0296%1h4.4687−0.501%$13K$7K10xas long as short
Aster NEARUSDT+0.0307%8h4.4607−0.679%$3.1M$5.6M50xas long as short
Hyperliquid NEAR+0.0312%1h4.4608−0.677%$369.7M$325.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0338% / S −0.0216%1h4.4688−0.500%$249K100xas long as short
Nado NEAR-PERP+0.0513%1h4.4626−0.637%$1.9M$3.1M10xas long as short
Lighter RH NEAR+0.0528%1h4.4561−0.782%$1.6M$7.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4540−0.829%$220K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0581%1h4.4678−0.522%$8.3M$40.3M50xas long as short
Lighter NEAR+0.0696%1h4.4663−0.555%$18.0M$26.2M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0757%1h4.4737−0.390%$2.1M$6.6M25xas long as short
Phoenix NEAR+0.0794%1h4.5018+0.236%$1.9M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.4722−0.422%$565K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1577%1h4.4863−0.108%$6K$12K10xas long as short