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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Gate−0.519%111s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.464% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 7 days+0.627%+$63 · spread now −0.519%, 7d avg +0.020%
Together, before fees+0.639%+ Points / potential airdropGRVT: Active · farm board+$64 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.538% cheaper against Gate than usual: you would sell low and buy high, −$54 on $10k if it goes back to its 7-day average of +0.020%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEAR_USDT4.34020.0100pay 0.0100% / 8h53m 38s$30.7M$58.5M75x
ShortGRVT NEAR_USDT_Perp4.31770.0100get 0.0100% / 8h53m 38s$1.4M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$0
Price spread: −0.519% → +0.020%
−$53.85
Slippage, 4 orders
−$22.37
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$100.22
Costs to cover
0.464%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; GRVT: 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 Gate live order book, 5 min ago3.01 bp11.8 bp −$1216.2 bp −$16231.9 bp −$3,18551.2 bp −$25.6K
Sell GRVT live order book, 5 min ago3.46 bp8.0 bp −$820.2 bp −$202doesn'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%1h4.3344−0.134%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.3348−0.124%$2.2M$13.3M50xas long as short
dYdX NEAR-USD0.0000%1h4.3392−0.024%$112K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3333−0.159%$415K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3362−0.092%$209K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.590%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3320−0.189%$108K$495K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3395−0.016%$31K$64710xas long as short
Pacifica NEAR+0.0100%1h4.3409+0.015%$407K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3410+0.018%$256.1M$1.07B75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.3379−0.053%$223.8M$420.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3370−0.074%$61.8M$288.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3350−0.120%$199K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3063−0.782%$245K$2K10xas long as short
Gate NEAR_USDTlong+0.0100%8h4.3402long leg$30.7M$58.5M75x
MEXC NEAR_USDT+0.0100%8h4.3390−0.028%$81.5M$139.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3420+0.041%$56.9M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3384−0.041%$72.3M$126.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3380−0.051%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3159−0.559%$8.1M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3192−0.483%$270K$1.2M20xas long as short
GRVT NEAR_USDT_Perpshort+0.0100%8h4.3177−0.519%$1.4M$1.3M10x
ApeX Omni NEARUSDT+0.0100%1h4.3230−0.396%$181K$789K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3374−0.065%$208K$3.3M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3351−0.118%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3390−0.028%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3335−0.154%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3360−0.097%$4.0M$8.1M50xas long as short
Extended NEAR-USD+0.0104%1h4.3355−0.108%$4.4M$15.2M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3341−0.140%$209K$62K3xas long as short
Aster NEARUSDT+0.0104%8h4.3418+0.037%$3.1M$5.5M50xas long as short
Kraken Futures PF_NEARUSD+0.0117%1h4.3354−0.112%$7.6M$36.8M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3260−0.327%$13.0M$32.7M75xas long as short
01 Exchange NEARUSD+0.0256%1h4.3381−0.048%$13K$7K10xas long as short
Lighter RH NEAR+0.0384%1h4.3458+0.129%$1.6M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0392% / S −0.0343%1h4.3366−0.083%$294K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.3374−0.066%$418K$1.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0419%1h4.3382−0.046%$1.9M$2.3M25xas long as short
Phoenix NEAR+0.0542%1h4.3220−0.419%$1.8M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0600%1h4.3394−0.018%$1.3M$5.6M20xas long as short
Nado NEAR-PERP+0.0680%1h4.3330−0.166%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0908%8h4.3460+0.134%$464K$3.6M75xas long as short
Aftermath Perps NEARUSD+0.1145%1h4.3167−0.541%$5K$11K10xas long as short
Hyperliquid NEAR+0.1525%1h4.3485+0.191%$376.7M$296.1M10xas long as short
Lighter NEAR+0.2192%1h4.3524+0.281%$16.8M$23.6M15xas long as short