Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%

Price spread now: Bitget against Extended+0.013%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$310.307% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 7 days−0.089%−$9 · spread now +0.013%, 7d avg +0.023%

Together, before fees−0.130%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NEAR-USD	4.3408	0.0104	pay 0.0013% / 1h	13m 16s	$3.9M	$17.3M	25x
Short	Bitget NEARUSDT	4.3414	0.0100	get 0.0100% / 8h	7h 13m	$72.4M	$122.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee BitgetbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$0.84
Price spread: +0.013% → +0.023%: −$0.96
Slippage, 4 orders: −$13.68
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$32.48
Costs to cover: 0.307%
Break-even: never at this rate

Slippage from Extended: live order book, 6 min ago; Bitget: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 6 min ago	0.46 bp	4.7 bp −$5	13.7 bp −$137	doesn't fit	doesn't fit
Sell Bitget live order book, 6 min ago	3.02 bp	9.7 bp −$10	13.7 bp −$137	25.7 bp −$2,573	doesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NEARUSDT	−0.0452%	8h	4.3440	+0.073%	$3.9M	$8.4M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3405	−0.007%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0129%	1h	4.3465	+0.132%	$7.5M	$37.5M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3413	+0.011%	$2.3M	$13.2M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3426	+0.040%	$113K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3463	+0.126%	$360K	$19.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3404	−0.009%	$206K	—	150x	as long as short
Variational Omni NEAR	+0.0005%	8h	4.3018	−0.898%	$8.2M	$18.9M	—	as long as short
01 Exchange NEARUSD	+0.0008%	1h	4.3403	−0.012%	$13K	$7K	10x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.604%	$578	$302K	12x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex NEARUSDT	+0.0096%	1h	4.3440	+0.073%	$116K	$479K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3417	+0.020%	$58K	$176K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3402	−0.015%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3470	+0.142%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3431	+0.053%	$401K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3420	+0.027%	$259.2M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3396	−0.028%	$220.1M	$415.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3410	+0.004%	$61.3M	$280.7M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3420	+0.027%	$206K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3083	−0.748%	$245K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3421	+0.029%	$31.3M	$60.7M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3420	+0.027%	$76.2M	$141.7M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3460	+0.119%	$56.4M	$42.9M	75x	as long as short
Bitget NEARUSDTshort	+0.0100%	8h	4.3414	+0.013%	$72.4M	$122.8M	75x
BingX NEAR-USDT	+0.0100%	8h	4.3400	−0.019%	—	$141.8M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3290	−0.272%	$258K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3295	−0.261%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3330	−0.180%	$181K	$780K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3446	+0.087%	$193K	$3.4M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3490	+0.188%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3429	+0.048%	$5K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3600	+0.442%	$460K	$3.7M	75x	as long as short
Extended NEAR-USDlong	+0.0104%	1h	4.3408	long leg	$3.9M	$17.3M	25x
Aevo NEAR-PERP	+0.0104%	1h	4.3405	−0.007%	$202K	$31K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3300	−0.250%	$13.1M	$28.0M	75x	as long as short
Hyperliquid NEAR	+0.0340%	1h	4.3508	+0.230%	$370.4M	$306.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0376% / S −0.0307%	1h	4.3411	+0.006%	$277K	—	100x	as long as short
Nado NEAR-PERP	+0.0421%	1h	4.3425	+0.038%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3438	+0.068%	$404K	$1.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0441%	1h	4.3444	+0.082%	$1.9M	$3.8M	25x	as long as short
Lighter RH NEAR	+0.0456%	1h	4.3465	+0.131%	$1.6M	$7.0M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0481%	1h	4.3498	+0.207%	$1.3M	$5.9M	20x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3638	+0.529%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1502%	1h	4.3260	−0.342%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1832%	1h	4.3499	+0.209%	$17.4M	$24.7M	15x	as long as short