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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%
Price spread now: Binance against gTrade (Gains Network)−0.150%52s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2872.867% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.096%+$10 on $10k
Price spread, last 4 days (all we have)−0.890%−$89 · spread now −0.150%, 7d avg +0.011%
Together, before fees−0.794%−$79 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.161% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of +0.011%). If the spread goes back, that is −$16 on $10k: about 5.6 days of funding at the current rate (+$3 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.5663L +0.0004% / S −0.0006%pay 0.0001% / 1h12m 26s$170K150x
ShortBinance NEARUSDT4.55940.0100get 0.0100% / 8h5h 12m$279.2M$1.11B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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
$20.11
Price spread: −0.150% → +0.011%
−$16.08
Slippage, 4 orders
−$266.68
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$282.65
Costs to cover
2.867%
Break-even
105.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 52 min ago; Binance: live order book, 2 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 gTrade (Gains Network) virtual book (oracle venue), 52 min ago130.01 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.5Kdoesn't fit
Sell Binance live order book, 2 min ago1.09 bp6.6 bp −$711.9 bp −$11938.2 bp −$3,820127.3 bp −$63.6K

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%1h4.5524−0.303%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.5669+0.014%$2.2M$15.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.5642−0.044%$113K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.5681+0.041%$482K$21.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0006%1h4.5663long leg$170K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−9.313%$578$302K12xas long as short
Phemex NEARUSDT+0.0080%8h4.5600−0.137%$3.9M$8.3M50xas long as short
Popdex NEARUSDT+0.0096%1h4.5580−0.181%$114K$512K50xas long as short
Pacifica NEAR+0.0100%1h4.5659−0.008%$435K$1.2M10xas long as short
Binance NEARUSDTshort+0.0100%8h4.5594−0.150%$279.2M$1.11B75x
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.5545−0.257%$228.2M$425.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.5500−0.356%$65.8M$308.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5467−0.429%$259K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.5640−0.049%$33.2M$64.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5650−0.027%$78.9M$147.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5630−0.071%$56.1M$45.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5524−0.303%$74.9M$129.5M75xas long as short
BingX NEAR-USDC+0.0100%8h4.5610−0.115%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.5466−0.430%$8.8M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.5651−0.025%$274K$989K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5626−0.081%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5600−0.137%$175K$797K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5570−0.203%$214K$3.8M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5658−0.010%$58K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5770+0.235%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5625−0.082%$9K$54K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5760+0.214%$474K$4.1M75xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.5605−0.127%$33K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.5789+0.277%$213K$40K3xas long as short
Extended NEAR-USD+0.0112%1h4.5589−0.161%$4.3M$19.2M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.5670+0.016%$13.8M$34.1M75xas long as short
Aster NEARUSDT+0.0306%8h4.5661−0.003%$3.1M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0363% / S −0.0249%1h4.5662−0.001%$276K100xas long as short
Nado NEAR-PERP+0.0386%1h4.5562−0.219%$2.0M$3.2M10xas long as short
01 Exchange NEARUSD+0.0392%1h4.5612−0.111%$13K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0407%1h4.5671+0.019%$2.0M$4.5M25xas long as short
Arcus NEAR-USD+0.0410%1h4.5680+0.038%$221K$1.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0597%1h4.5666+0.008%$1.4M$6.7M20xas long as short
Kraken Futures PF_NEARUSD+0.0675%1h4.5663+0.002%$8.5M$41.3M50xas long as short
Lighter RH NEAR+0.0720%1h4.5718+0.122%$1.6M$7.1M10xas long as short
Hyperliquid NEAR+0.0816%1h4.5618−0.097%$382.6M$321.0M10xas long as short
Phoenix NEAR+0.0855%1h4.5923+0.570%$1.9M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.5639−0.053%$576K$1.4M10xas long as short
Lighter NEAR+0.1208%1h4.5754+0.200%$18.3M$26.8M15xas long as short
Aftermath Perps NEARUSD+0.1583%1h4.5505−0.345%$6K$12K10xas long as short