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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.029%
Price spread now: Orderly against gTrade (Gains Network)+0.048%7-day average +0.005% · 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 3 days (all we have)+0.093%+$9 on $10k
Price spread, last 3 days (all we have)−0.060%−$6 · spread now +0.048%, 7d avg +0.005%
Together, before fees+0.034%+$3 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 Orderly is 0.043% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.2761L +0.0004% / S −0.0004%pay 0.0001% / 1h30m 21s$203K150x
ShortOrderly PERP_NEAR_USDC4.27820.0098get 0.0098% / 8h7h 30m$57K$193K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$19.74
Price spread: +0.048% → +0.005%
$4.34
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$8.08
Costs to cover
0.160%
Break-even
4.1 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 44 min ago; Orderly: 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 gTrade (Gains Network) virtual book (oracle venue), 44 min ago130.01 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.5Kdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h4.2733−0.066%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0132%1h4.2767+0.014%$7.2M$37.4M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2418−0.803%$2.2M$12.8M50xas long as short
Bybit NEARUSDT−0.0067%8h4.2760−0.003%$215.8M$416.0M75xas long as short
01 Exchange NEARUSD−0.0024%1h4.2709−0.123%$13K$7K10xas long as short
Variational Omni NEAR−0.0005%8h4.2608−0.358%$8.0M$18.7Mas long as short
dYdX NEAR-USD0.0000%1h4.2632−0.302%$110K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2591−0.398%$425K$18.5M2.2xas long as short
Gate NEAR_USDT+0.0001%8h4.2760−0.003%$30.7M$59.4M75xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0004%1h4.2761long leg$203K150x
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.160%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2700−0.144%$112K$479K50xas long as short
Orderly PERP_NEAR_USDCshort+0.0098%8h4.2782+0.048%$57K$193K20x
Paradex NEAR-USD-PERP+0.0099%8h4.2641−0.281%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2748−0.030%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2651−0.258%$399K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2757−0.009%$253.1M$1.06B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2750−0.027%$60.0M$278.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2700−0.144%$196K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2709−0.121%$243K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.2740−0.050%$77.4M$140.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2770+0.020%$56.1M$42.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2771+0.022%$70.9M$124.5M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2750−0.027%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2143−1.447%$261K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2147−1.437%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2320−1.032%$177K$788K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2741−0.048%$204K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2800+0.090%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2766+0.011%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2720−0.097%$458K$3.6M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2650−0.261%$3.8M$8.6M50xas long as short
Extended NEAR-USD+0.0104%1h4.2752−0.022%$3.8M$16.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2760−0.003%$199K$28K3xas long as short
Hyperliquid NEAR+0.0154%1h4.2752−0.022%$358.1M$304.2M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2620−0.331%$12.9M$28.1M75xas long as short
Lighter RH NEAR+0.0352%1h4.2688−0.172%$1.6M$6.9M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0306%1h4.2760−0.003%$272K100xas long as short
Backpack NEAR_USDC_PERP+0.0393%1h4.2651−0.258%$1.4M$5.7M20xas long as short
RISEx NEAR/USDC+0.0428%1h4.2721−0.093%$405K$1.2M10xas long as short
Nado NEAR-PERP+0.0475%1h4.2727−0.081%$1.9M$3.2M10xas long as short
Phoenix NEAR+0.0499%1h4.2201−1.311%$1.7M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0615%1h4.2813+0.121%$1.9M$3.3M25xas long as short
Aftermath Perps NEARUSD+0.1319%1h4.2572−0.444%$5K$12K10xas long as short
Lighter NEAR+0.1904%1h4.2766+0.012%$17.1M$24.2M15xas long as short