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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0906%/8h= −99.2% APRnext payment $9.06 per $10,000 · paid last 24h −0.066%
Price spread now: Bitget against HTX−0.512%7-day average −0.264% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$460.460% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.568%−$57 on $10k
Price spread, last 3 days (all we have)−0.052%−$5 · spread now −0.512%, 7d avg −0.264%
Together, before fees−0.620%−$62 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Bitget is 0.248% cheaper against HTX than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.264%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.568% in total (about -29.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $9.06 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NEAR-USDT4.17800.1006pay 0.1006% / 8h1h 43m$451K$3.6M75x
ShortBitget NEARUSDT4.15660.0100get 0.0100% / 8h1h 43m$69.0M$125.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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
−$190.18
Price spread: −0.512% → −0.264%
−$24.79
Slippage, 4 orders
−$21.96
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$260.93
Costs to cover
0.460%
Break-even
never at this rate
Slippage from HTX: live order book, 5 min ago; Bitget: live order book, 6 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 HTX live order book, 5 min ago7.21 bp15.0 bp −$1539.6 bp −$396doesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago0.12 bp9.7 bp −$1011.8 bp −$11831.3 bp −$3,130doesn'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
Reya NEARRUSDPERP−0.0171%1h4.1622−0.378%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1618−0.388%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.886%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1596−0.440%$107K$56K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1663−0.280%$426K$18.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1623−0.376%$206K150xas long as short
Kraken Futures PF_NEARUSD+0.0049%1h4.1642−0.330%$7.5M$36.8M50xas long as short
01 Exchange NEARUSD+0.0064%1h4.1586−0.464%$12K$7K10xas long as short
Lighter NEAR+0.0096%1h4.1638−0.340%$15.3M$22.5M15xas long as short
Lighter RH NEAR+0.0096%1h4.1647−0.318%$1.4M$6.9M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.1570−0.503%$111K$482K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.1617−0.390%$54K$156K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1564−0.517%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1620−0.383%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1595−0.443%$350K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1580−0.479%$238.0M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1560−0.527%$211.9M$422.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1560−0.527%$56.9M$274.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1590−0.455%$308K$1.6M10xas long as short
Gate NEAR_USDT+0.0100%8h4.1576−0.488%$29.7M$57.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1580−0.479%$81.8M$141.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1590−0.455%$54.9M$44.5M75xas long as short
Bitget NEARUSDTshort+0.0100%8h4.1566−0.512%$69.0M$125.6M75x
BingX NEAR-USDC+0.0100%8h4.1570−0.503%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1461−0.763%$7.7M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1581−0.477%$237K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1593−0.447%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1600−0.431%$183K$789K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1705−0.180%$198K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1660−0.287%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1619−0.385%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1600−0.431%$3.8M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1450−0.790%$236K$4K10xas long as short
Extended NEAR-USD+0.0104%1h4.1552−0.546%$3.8M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1610−0.407%$200K$62K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.1600−0.431%$12.2M$33.4M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0278%1h4.1650−0.311%$1.8M$2.1M25xas long as short
Hyperliquid NEAR+0.0314%1h4.1644−0.326%$350.2M$298.6M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1593−0.449%$412K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0380% / S −0.0327%1h4.1618−0.388%$280K100xas long as short
Backpack NEAR_USDC_PERP+0.0465%1h4.1627−0.366%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0531%1h4.1559−0.528%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1614−0.397%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.0891%1h4.1526−0.608%$5K$11K10xas long as short
HTX NEAR-USDTlong+0.1006%8h4.1780long leg$451K$3.6M75x