Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Gate+0.031%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$590.589% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 7 days−0.038%−$4 · spread now +0.031%, 7d avg +0.031%

Together, before fees−0.042%−$4 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	4.4476	0.0100	pay 0.0100% / 8h	5h 28m	$39.8M	$62.7M	75x
Short	KuCoin NEARUSDTM	4.4490	0.0100	get 0.0100% / 8h	5h 28m	$54.1M	$44.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.031%Rate

Funding earned: $0
Price spread: +0.031% → +0.031%: $0.04
Slippage, 4 orders: −$31.87
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$58.83
Costs to cover: 0.589%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 4 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, 4 min ago	2.81 bp	13.7 bp −$14	23.5 bp −$235	44.6 bp −$4,462	60.9 bp −$30.4K
Sell KuCoin live order book, 4 min ago	1.12 bp	12.9 bp −$13	29.1 bp −$291	84.1 bp −$8,405	doesn't fit

NEAR on 45 exchanges

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
Kraken Futures PF_NEARUSD	−0.0238%	1h	4.4442	−0.077%	$7.3M	$36.9M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.4470	−0.015%	$2K	—	20x	as long as short
01 Exchange NEARUSD	−0.0008%	1h	4.4457	−0.043%	$13K	$4K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4333	−0.322%	$748K	$26.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4466	−0.022%	$167K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.894%	$578	$301K	12x	as long as short
dYdX NEAR-USD	+0.0038%	1h	4.4435	−0.093%	$109K	$53K	10x	as long as short
Lighter NEAR	+0.0096%	1h	4.4517	+0.092%	$16.9M	$24.8M	15x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4470	−0.013%	$122K	$502K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.4503	+0.061%	$2.6M	$4.8M	50x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.4495	+0.042%	$267.6M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4477	+0.002%	$228.7M	$428.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4460	−0.036%	$63.6M	$297.1M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4650	+0.391%	$266K	$13K	10x	as long as short
Gate NEAR_USDTlong	+0.0100%	8h	4.4476	long leg	$39.8M	$62.7M	75x
MEXC NEAR_USDT	+0.0100%	8h	4.4510	+0.076%	$71.7M	$169.7M	200x	as long as short
KuCoin NEARUSDTMshort	+0.0100%	8h	4.4490	+0.031%	$54.1M	$44.0M	75x
Bitget NEARUSDT	+0.0100%	8h	4.4455	−0.047%	$74.2M	$127.1M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4480	+0.009%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4475	−0.003%	$8.7M	$16.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4465	−0.024%	$263K	$868K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4462	−0.031%	$1.5M	$1.8M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4470	−0.013%	$166K	$808K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4480	+0.009%	$206K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4468	−0.018%	$55K	$273K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4550	+0.166%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4475	−0.002%	$5K	$34K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4540	+0.144%	$466K	$3.6M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4480	+0.009%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4459	−0.037%	$32K	$389	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4460	−0.035%	$3.7M	$15.0M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4467	−0.020%	$207K	$38K	3x	as long as short
Hyperliquid NEAR	+0.0116%	1h	4.4480	+0.009%	$357.8M	$313.6M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0191% / S −0.0034%	1h	4.4368	−0.243%	$239K	—	100x	as long as short
Lighter RH NEAR	+0.0200%	1h	4.4490	+0.031%	$1.5M	$5.9M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4380	−0.216%	$12.7M	$32.4M	75x	as long as short
Nado NEAR-PERP	+0.0264%	1h	4.4465	−0.025%	$1.8M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0343%	1h	4.4480	+0.009%	$224K	$1.4M	10x	as long as short
RISEx NEAR/USDC	+0.0489%	1h	4.4466	−0.023%	$642K	$1.6M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0504%	1h	4.4521	+0.101%	$2.3M	$17.4M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0535%	1h	4.4426	−0.112%	$1.1M	$7.1M	20x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0717%	1h	4.4516	+0.090%	$1.9M	$13.0M	25x	as long as short
Phoenix NEAR	+0.0741%	1h	4.4450	−0.058%	$1.7M	$2.7M	10x	as long as short
Pacifica NEAR	+0.0851%	1h	4.4473	−0.006%	$417K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.0918%	1h	4.4468	−0.017%	$6K	$6K	10x	as long as short