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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0208%/8h= +22.8% APRnext payment +$2.08 per $10,000 · paid last 24h −0.093%
Price spread now: BloFin against HTX+0.046%59s7-day average −0.236% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$780.778% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.375%−$38 on $10k
Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.046%, 7d avg −0.236%
Together, before fees−0.583%−$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.282% dearer against HTX than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.236%. Mind the row above: over the last 7 days funding on this pair cost −0.375%, so the current rate has only just turned in your favour. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NEAR-USDT4.33500.0116pay 0.0116% / 8h39m 33s$464K$3.8M75x
ShortBloFin NEAR-USDT4.33700.0324get 0.0324% / 8h39m 33s$13.3M$32.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$43.75
Price spread: +0.046% → −0.236%
$28.17
Slippage, 4 orders
−$53.84
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$5.93
Costs to cover
0.778%
Break-even
7.9 days
Slippage from HTX: live order book, 4 min ago; BloFin: live order book, 5 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, 4 min ago15.02 bp26.8 bp −$2755.0 bp −$550doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago2.32 bp8.3 bp −$811.9 bp −$11922.9 bp −$2,28756.0 bp −$28.0K

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%1h4.3187−0.376%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3178−0.398%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3209−0.326%$162K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3185−0.381%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.475%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3140−0.484%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3131−0.505%$217.7M$430.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3160−0.438%$60.8M$291.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3160−0.439%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3145−0.473%$35.1M$62.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3190−0.369%$52.3M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3154−0.452%$71.5M$128.1M75xas long as short
Variational Omni NEAR+0.0100%8h4.3337−0.031%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3338−0.028%$251K$898K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3340−0.023%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3330−0.046%$165K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3244−0.245%$283K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3214−0.314%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3290−0.138%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3210−0.323%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3210−0.323%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3161−0.436%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3135−0.497%$3.6M$17.3M25xas long as short
HTX NEAR-USDTlong+0.0116%8h4.3350long leg$464K$3.8M75x
Aevo NEAR-PERP+0.0128%1h4.3208−0.328%$201K$38K3xas long as short
Kalshi KXNEARPERP+0.0192%8h4.3248−0.235%$939K$25.2M2.2xas long as short
Binance NEARUSDT+0.0199%8h4.3140−0.484%$261.9M$1.09B75xas long as short
MEXC NEAR_USDT+0.0202%8h4.3180−0.392%$83.2M$150.4M200xas long as short
BingX NEAR-USDC+0.0205%8h4.3150−0.461%$6.7Mas long as short
Aster NEARUSDT+0.0205%8h4.3157−0.446%$2.7M$4.8M50xas long as short
Hyperliquid NEAR+0.0281%1h4.3224−0.291%$348.9M$315.0M10xas long as short
01 Exchange NEARUSD+0.0288%1h4.3150−0.461%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0203%1h4.3206−0.332%$232K100xas long as short
BloFin NEAR-USDTshort+0.0324%8h4.3370+0.046%$13.3M$32.0M75x
Backpack NEAR_USDC_PERP+0.0410%1h4.3227−0.284%$1.2M$7.0M20xas long as short
Nado NEAR-PERP+0.0455%1h4.3213−0.315%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3266−0.194%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0544%1h4.3244−0.245%$1.5M$6.6M10xas long as short
Arcus NEAR-USD+0.0638%1h4.3160−0.438%$225K$1.6M10xas long as short
Lighter NEAR+0.0760%1h4.3247−0.237%$17.1M$25.0M15xas long as short
Pacifica NEAR+0.0949%1h4.3199−0.348%$407K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3384+0.078%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3165−0.427%$612K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1265%1h4.3307−0.099%$5K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1347%1h4.3283−0.155%$1.9M$13.2M25xas long as short