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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Extended against gTrade (Gains Network)+0.096%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2812.815% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.086%+$9 on $10k
Price spread, last 3 days (all we have)−0.660%−$66 · spread now +0.096%, 7d avg −0.045%
Together, before fees−0.574%+ Points / potential airdropExtended: Active · farm board−$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.141% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.1335L +0.0004% / S −0.0004%pay 0.0001% / 1h3m 36s$205K150x
ShortExtended NEAR-USD4.13750.0104get 0.0013% / 1h3m 36s$3.8M$14.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$20.95
Price spread: +0.096% → −0.045%
$14.12
Slippage, 4 orders
−$266.47
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$246.39
Costs to cover
2.815%
Break-even
89.3 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 20 min ago; Extended: live order book, 5 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), 20 min ago130.02 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.5Kdoesn't fit
Sell Extended live order book, 5 min ago0.36 bp5.4 bp −$512.5 bp −$125doesn't fitdoesn'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%1h4.1343+0.019%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0024%1h4.1338+0.006%$2.1M$12.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.1406+0.172%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1364+0.069%$397K$18.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0004%1h4.1335long leg$205K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410+0.180%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.1370+0.084%$110K$490K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.1339+0.009%$53K$157K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1387+0.124%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1430+0.229%$2.9M$5.9M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.1429+0.226%$349K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1380+0.109%$235.8M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1360+0.060%$210.7M$428.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1340+0.011%$56.4M$275.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1150−0.449%$234K$6K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1409+0.178%$29.5M$58.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1420+0.205%$81.2M$145.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1440+0.253%$56.0M$44.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1361+0.062%$68.7M$126.8M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1400+0.156%$136.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1203−0.320%$7.6M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.1304−0.077%$235K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1313−0.054%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1340+0.011%$181K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1405+0.168%$204K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1430+0.229%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1349+0.033%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1360+0.060%$3.8M$8.2M50xas long as short
Extended NEAR-USDshort+0.0104%1h4.1375+0.096%$3.8M$14.6M25x
Aevo NEAR-PERP+0.0104%1h4.1333−0.007%$200K$61K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1410+0.180%$308K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0150%1h4.1396+0.146%$7.5M$37.1M50xas long as short
01 Exchange NEARUSD+0.0160%1h4.1401+0.159%$12K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0185%1h4.1371+0.086%$1.8M$2.1M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.1290−0.110%$12.2M$33.6M75xas long as short
Lighter RH NEAR+0.0256%1h4.1479+0.347%$1.4M$7.2M10xas long as short
Nado NEAR-PERP+0.0354%1h4.1380+0.108%$1.8M$3.6M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0377% / S −0.0324%1h4.1327−0.020%$276K100xas long as short
RISEx NEAR/USDC+0.0569%1h4.1401+0.159%$412K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1315−0.049%$1.7M$2.8M10xas long as short
Lighter NEAR+0.0720%1h4.1490+0.373%$15.3M$23.1M15xas long as short
Backpack NEAR_USDC_PERP+0.0743%1h4.1446+0.268%$1.4M$5.7M20xas long as short
Hyperliquid NEAR+0.0849%1h4.1483+0.357%$348.7M$299.3M10xas long as short
Aftermath Perps NEARUSD+0.0926%1h4.1283−0.127%$5K$11K10xas long as short
HTX NEAR-USDT+0.1063%8h4.1450+0.277%$446K$3.7M75xas long as short