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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.085%
Price spread now: Lighter RH against Gate+0.179%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$410.410% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.489%+$49 on $10k
Price spread, last 7 days−0.029%−$3 · spread now +0.179%, 7d avg +0.149%
Together, before fees+0.461%+ Points / potential airdropLighter RH: Points live · farm board+$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Lighter RH is 0.031% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.149%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEAR_USDT4.40360.0100pay 0.0100% / 8h7h 45m$36.6M$61.9M75x
ShortLighter RH NEAR4.41150.0432get 0.0054% / 1h45m 04s$1.5M$6.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
$69.72
Price spread: +0.179% → +0.149%
$3.07
Slippage, 4 orders
−$25.98
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$31.81
Costs to cover
0.410%
Break-even
3.8 days
Slippage from Gate: live order book, 4 min ago; Lighter RH: live order book, 3 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, 4 min ago1.60 bp16.3 bp −$1620.0 bp −$20033.6 bp −$3,35750.2 bp −$25.1K
Sell Lighter RH live order book, 3 min ago2.95 bp4.7 bp −$58.5 bp −$85doesn'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
Phemex NEARUSDT−0.0787%8h4.4050+0.032%$3.6M$8.2M50xas long as short
Kraken Futures PF_NEARUSD−0.0429%1h4.4043+0.015%$7.3M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4054+0.040%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4063+0.060%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4003−0.076%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.963%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4060+0.055%$119K$509K50xas long as short
Aster NEARUSDT+0.0100%8h4.4060+0.055%$2.8M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.4071+0.079%$224.3M$430.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4020−0.036%$62.1M$299.5M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.4070+0.077%$222K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3750−0.649%$252K$3K10xas long as short
Gate NEAR_USDTlong+0.0100%8h4.4036long leg$36.6M$61.9M75x
KuCoin NEARUSDTM+0.0100%8h4.4050+0.032%$53.0M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.40360.000%$72.6M$128.3M75xas long as short
Variational Omni NEAR+0.0100%8h4.4208+0.390%$9.1M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3658−0.858%$253K$895K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3670−0.831%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4050+0.032%$168K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4040+0.009%$275K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4066+0.068%$59K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4080+0.100%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4055+0.043%$5K$50K10xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.4029−0.016%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.4030−0.013%$3.7M$15.9M25xas long as short
Aevo NEAR-PERP+0.0112%1h4.4055+0.043%$205K$40K3xas long as short
MEXC NEAR_USDT+0.0121%8h4.4050+0.032%$92.5M$155.2M200xas long as short
Binance NEARUSDT+0.0122%8h4.4059+0.051%$265.6M$1.09B75xas long as short
BingX NEAR-USDC+0.0132%8h4.4050+0.032%$6.7Mas long as short
Kalshi KXNEARPERP+0.0151%8h4.4137+0.229%$880K$25.4M2.2xas long as short
Hyperliquid NEAR+0.0169%1h4.4082+0.104%$356.2M$318.5M10xas long as short
BloFin NEAR-USDT+0.0242%8h4.4110+0.168%$12.7M$32.7M75xas long as short
Nado NEAR-PERP+0.0251%1h4.4074+0.087%$1.7M$3.2M10xas long as short
01 Exchange NEARUSD+0.0296%1h4.4088+0.118%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0350% / S −0.0252%1h4.4018−0.040%$258K100xas long as short
Lighter RH NEARshort+0.0432%1h4.4115+0.179%$1.5M$6.4M10x
HTX NEAR-USDT+0.0444%8h4.4180+0.327%$467K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.4150+0.259%$2.3M$17.3M50xas long as short
Lighter NEAR+0.0496%1h4.4115+0.179%$17.4M$23.8M15xas long as short
Backpack NEAR_USDC_PERP+0.0596%1h4.4071+0.079%$1.1M$7.2M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0613%1h4.4082+0.104%$1.9M$13.1M25xas long as short
RISEx NEAR/USDC+0.0656%1h4.4055+0.042%$601K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.4141+0.238%$416K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.4222+0.422%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1055%1h4.3884−0.345%$5K$7K10xas long as short