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 +0.129%

Price spread now: HTX against Gate+0.263%7-day average +0.273% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$700.705% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.602%+$60 on $10k

Price spread, last 4 days (all we have)+1.011%+$101 · spread now +0.263%, 7d avg +0.273%

Together, before fees+1.613%+$161 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	4.5640	0.0100	pay 0.0100% / 8h	5h 12m	$33.2M	$64.6M	75x
Short	HTX NEAR-USDT	4.5760	0.0100	get 0.0100% / 8h	5h 12m	$474K	$4.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.263%Rate

Funding earned: $0
Price spread: +0.263% → +0.273%: −$0.97
Slippage, 4 orders: −$43.48
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$71.44
Costs to cover: 0.705%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; HTX: live order book, 1 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, 1 min ago	2.41 bp	17.0 bp −$17	24.0 bp −$240	40.0 bp −$4,003	58.9 bp −$29.4K
Sell HTX live order book, 1 min ago	6.56 bp	18.4 bp −$18	85.0 bp −$850	doesn't fit	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	4.5524	−0.254%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0016%	1h	4.5669	+0.064%	$2.2M	$15.7M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.5642	+0.005%	$113K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.5681	+0.090%	$482K	$21.2M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.5663	+0.049%	$170K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−9.268%	$578	$302K	12x	as long as short
Phemex NEARUSDT	+0.0080%	8h	4.5600	−0.088%	$3.9M	$8.3M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.5580	−0.131%	$114K	$512K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.5659	+0.042%	$435K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.5594	−0.101%	$279.2M	$1.11B	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NEARUSDT	+0.0100%	8h	4.5545	−0.208%	$228.2M	$425.5M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.5500	−0.307%	$65.8M	$308.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.5467	−0.380%	$259K	−$0	10x	as long as short
Gate NEAR_USDTlong	+0.0100%	8h	4.5640	long leg	$33.2M	$64.6M	75x
MEXC NEAR_USDT	+0.0100%	8h	4.5650	+0.022%	$78.9M	$147.4M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.5630	−0.022%	$56.1M	$45.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.5524	−0.254%	$74.9M	$129.5M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.5610	−0.066%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.5466	−0.381%	$8.8M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.5651	+0.024%	$274K	$989K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.5626	−0.032%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.5600	−0.088%	$175K	$797K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.5570	−0.153%	$214K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.5658	+0.039%	$58K	$237K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.5770	+0.285%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.5625	−0.033%	$9K	$54K	10x	as long as short
HTX NEAR-USDTshort	+0.0100%	8h	4.5760	+0.263%	$474K	$4.1M	75x
Paradex NEAR-USD-PERP	+0.0102%	8h	4.5605	−0.077%	$33K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.5789	+0.327%	$213K	$40K	3x	as long as short
Extended NEAR-USD	+0.0112%	1h	4.5589	−0.111%	$4.3M	$19.2M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.5670	+0.066%	$13.8M	$34.1M	75x	as long as short
Aster NEARUSDT	+0.0306%	8h	4.5661	+0.046%	$3.1M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0363% / S −0.0249%	1h	4.5662	+0.048%	$276K	—	100x	as long as short
Nado NEAR-PERP	+0.0386%	1h	4.5562	−0.170%	$2.0M	$3.2M	10x	as long as short
01 Exchange NEARUSD	+0.0392%	1h	4.5612	−0.061%	$13K	$7K	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0407%	1h	4.5671	+0.068%	$2.0M	$4.5M	25x	as long as short
Arcus NEAR-USD	+0.0410%	1h	4.5680	+0.088%	$221K	$1.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0597%	1h	4.5666	+0.057%	$1.4M	$6.7M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0675%	1h	4.5663	+0.051%	$8.5M	$41.3M	50x	as long as short
Lighter RH NEAR	+0.0720%	1h	4.5718	+0.171%	$1.6M	$7.1M	10x	as long as short
Hyperliquid NEAR	+0.0816%	1h	4.5618	−0.048%	$382.6M	$321.0M	10x	as long as short
Phoenix NEAR	+0.0855%	1h	4.5923	+0.620%	$1.9M	$2.7M	10x	as long as short
RISEx NEAR/USDC	+0.0924%	1h	4.5639	−0.003%	$576K	$1.4M	10x	as long as short
Lighter NEAR	+0.1208%	1h	4.5754	+0.249%	$18.3M	$26.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.1583%	1h	4.5505	−0.296%	$6K	$12K	10x	as long as short