Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Gate−0.014%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$570.574% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 7 days−0.034%−$3 · spread now −0.014%, 7d avg −0.021%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NEAR_USDT	4.3066	0.0100	pay 0.0100% / 8h	6h 53m	$30.9M	$59.8M	75x
Short	Bitget NEARUSDT	4.3060	0.0100	get 0.0100% / 8h	6h 53m	$71.3M	$122.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → −0.021%: $0.75
Slippage, 4 orders: −$30.41
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$56.66
Costs to cover: 0.574%
Break-even: never at this rate

Slippage from Gate: live order book, 5 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 Gate live order book, 5 min ago	0.93 bp	14.3 bp −$14	19.1 bp −$191	37.0 bp −$3,701	55.6 bp −$27.8K
Sell Bitget live order book, 6 min ago	0.35 bp	10.0 bp −$10	14.8 bp −$148	26.7 bp −$2,669	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
Reya NEARRUSDPERP	−0.0171%	1h	4.2836	−0.533%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.2953	−0.262%	$2.1M	$13.3M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3107	+0.096%	$107K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2829	−0.550%	$412K	$18.9M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2841	−0.522%	$156K	—	150x	as long as short
Variational Omni NEAR	+0.0025%	8h	4.2868	−0.459%	$8.1M	$18.8M	—	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.845%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3100	+0.079%	$115K	$474K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.2943	−0.286%	$57K	$162K	20x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3058	−0.018%	$3.0M	$5.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.3122	+0.131%	$406K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3125	+0.136%	$255.9M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3110	+0.102%	$219.1M	$417.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3130	+0.149%	$60.5M	$277.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3120	+0.125%	$204K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3162	+0.223%	$246K	−$0	10x	as long as short
Gate NEAR_USDTlong	+0.0100%	8h	4.3066	long leg	$30.9M	$59.8M	75x
MEXC NEAR_USDT	+0.0100%	8h	4.3160	+0.218%	$75.6M	$136.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3110	+0.102%	$55.5M	$42.6M	75x	as long as short
Bitget NEARUSDTshort	+0.0100%	8h	4.3060	−0.014%	$71.3M	$122.9M	75x
BingX NEAR-USDC	+0.0100%	8h	4.3070	+0.009%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2963	−0.239%	$258K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2890	−0.409%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2960	−0.246%	$178K	$777K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2859	−0.481%	$208K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3010	−0.130%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2985	−0.188%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3040	−0.060%	$437K	$3.8M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2960	−0.246%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3076	+0.023%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3045	−0.049%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2934	−0.307%	$200K	$31K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0220%	1h	4.3015	−0.118%	$7.7M	$37.9M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2850	−0.502%	$13.2M	$27.4M	75x	as long as short
01 Exchange NEARUSD	+0.0304%	1h	4.3127	+0.142%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0376% / S −0.0308%	1h	4.2845	−0.512%	$274K	—	100x	as long as short
Nado NEAR-PERP	+0.0394%	1h	4.2840	−0.525%	$1.9M	$3.1M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.2970	−0.223%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0504%	1h	4.3149	+0.193%	$1.6M	$6.9M	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3134	+0.158%	$440K	$1.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0706%	1h	4.2936	−0.302%	$1.9M	$4.0M	25x	as long as short
Hyperliquid NEAR	+0.0716%	1h	4.3131	+0.151%	$364.6M	$301.9M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0716%	1h	4.3038	−0.065%	$1.4M	$6.0M	20x	as long as short
Lighter NEAR	+0.1352%	1h	4.3212	+0.339%	$17.2M	$24.4M	15x	as long as short
Aftermath Perps NEARUSD	+0.1503%	1h	4.3010	−0.129%	$5K	$12K	10x	as long as short