Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h 0.000%

Price spread now: 01 Exchange against Gate+0.141%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and 01 Exchange is 0.141% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NEAR_USDT	4.4050	0.0100	pay 0.0100% / 8h	6h 24m	$31.9M	$61.7M	75x
Short	01 Exchange NEARUSD	4.4112	0.0408	get 0.0051% / 1h	24m 00s	$13K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.141%Rate

Funding earned: $64.68
Price spread: +0.141% → 0.000%: $14.07
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $56.75
Costs to cover: 0.220%
Break-even: 0.9 days

Slippage unknown: Gate: live order book, 5 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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	3.19 bp	24.8 bp −$25	47.8 bp −$478	50.8 bp −$5,075	62.8 bp −$31.4K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEAR on 44 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	4.3963	−0.197%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.4009	−0.093%	$2.2M	$14.3M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4207	+0.357%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4197	+0.334%	$651K	$19.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.4000	−0.114%	$195K	—	150x	as long as short
Phemex NEARUSDT	+0.0028%	8h	4.4020	−0.068%	$3.9M	$8.2M	50x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.993%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0072%	8h	4.3998	−0.119%	$8.6M	$18.6M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4060	+0.023%	$113K	$482K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4222	+0.391%	$418K	$1.2M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.4090	+0.091%	$266.1M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4090	+0.091%	$224.2M	$419.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4050	0.000%	$62.7M	$288.0M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.4120	+0.159%	$209K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4050	0.000%	$251K	−$0	10x	as long as short
Gate NEAR_USDTlong	+0.0100%	8h	4.4050	long leg	$31.9M	$61.7M	75x
MEXC NEAR_USDT	+0.0100%	8h	4.4050	0.000%	$76.3M	$140.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4060	+0.023%	$56.3M	$42.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4060	+0.023%	$73.0M	$124.6M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4080	+0.068%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4063	+0.030%	$272K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4048	−0.005%	$1.5M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3860	−0.431%	$182K	$767K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4004	−0.104%	$218K	$3.5M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4031	−0.043%	$61K	$190K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4090	+0.091%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4025	−0.057%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4080	+0.068%	$452K	$3.9M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4044	−0.014%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4004	−0.105%	$3.8M	$18.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4070	+0.045%	$205K	$34K	3x	as long as short
Aster NEARUSDT	+0.0162%	8h	4.4080	+0.068%	$3.1M	$5.7M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0204%	1h	4.4044	−0.014%	$1.9M	$4.2M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0215%	1h	4.4042	−0.017%	$8.1M	$40.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0358% / S −0.0271%	1h	4.3997	−0.120%	$261K	—	100x	as long as short
Nado NEAR-PERP	+0.0403%	1h	4.3983	−0.153%	$1.9M	$3.1M	10x	as long as short
01 Exchange NEARUSDshort	+0.0408%	1h	4.4112	+0.141%	$13K	$7K	10x
RISEx NEAR/USDC	+0.0509%	1h	4.4097	+0.107%	$558K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.4147	+0.220%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0824%	1h	4.4106	+0.127%	$1.6M	$7.0M	10x	as long as short
Hyperliquid NEAR	+0.0873%	1h	4.4156	+0.241%	$373.8M	$305.9M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0927%	1h	4.4092	+0.095%	$1.4M	$6.0M	20x	as long as short
Aftermath Perps NEARUSD	+0.1510%	1h	4.4027	−0.052%	$6K	$12K	10x	as long as short
Lighter NEAR	+0.1672%	1h	4.4151	+0.229%	$17.6M	$25.3M	15x	as long as short