Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

NEAR

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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GRVTNEAR_USDT_Perp
4.9577+0.0100pay 0.0100% / 8h2h 19m$1.7M$348K10xLong GRVT
SHORT
BulletNEAR-USD
4.9556−0.0167pay 0.0021% / 1h19m 20s$66K$159K20xShort Bullet
Price gap−0.043%
Funding gap−0.0267% /8h

Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.026% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$16−0.0267% /8h now · paid −0.163% over the last 6 days (all we have)
Price−$3spread −0.043% now, avg −0.018% → −0.026% if it goes back
Costs−$320.317% of $10k · taker + slippage, in and out
Result−$51−0.51%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Bullet price against GRVTnow
RANGE STATS · 7D
Now−0.043%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NEAR on 44 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Large against open interest10.6 / 5.9 bp
    $10k is over 10% of Bullet’s open interest.
  • Note: Margin at max leverage$1,000 + $500
    GRVT 10x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$8.00Long GRVT: 3 payments, −$3.00; short Bullet: 24 payments, −$5.00.
  • Watch: Gap narrower than usual−0.043% vs −0.018%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$66K vs $1.7M OI
    Bullet sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • OK: No KYC on either legGRVT No · Bullet No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0091%/8h × 21 periods−$19.03
Price spread−0.043% → −0.018% (7d avg)−$2.56
Slippage, 4 orderslive order books−$14.73
Fee GRVT bp × 2 orders−$9.00
Fee Bullet bp × 2 orders−$8.00
Net · 7 days · $10k−$53.33
Costs to cover0.317%Break-evennever at this rate
Slippage: GRVT: live order book, 4 min ago; Bullet: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGRVT2.0110.6 bp−$1129.4 bp−$294doesn’t fitdoesn’t fit
SELL · SHORTBullet1.305.9 bp−$69.4 bp−$94doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

NEAR news

posts that mention NEAR, from every exchangeSearch all news →
09-30 02:45MEXCOtherNot NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗
09-30 01:05ReyaListingNEARRUSDPERP no longer reported ($NEAR) seen by our collector
09-29 11:00BulkListingNEAR-USD no longer reported ($NEAR) seen by our collector
09-28 18:50AevoOtherbitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-28 14:46RISExOtherThis week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗
09-28 03:00MEXCOtherNEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗