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−0.0002%/8h= −0.2% APRpaid last 24h −0.155%
Price spread now: Coinbase International against HTX+0.051%7-day average −0.261% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.789%−$79 on $10k
Price spread, last 4 days (all we have)−0.429%−$43 · spread now +0.051%, 7d avg −0.261%
Together, before fees−1.218%−$122 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.313% dearer against HTX than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.261%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NEAR-USDT4.48300.0490pay 0.0490% / 8h7h 12m$472K$3.7M75x
ShortCoinbase International NEAR-PERP-INTX4.48530.0488get 0.0061% / 1h12m 45s$2.3M$17.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$0.45
Price spread: +0.051% → −0.261%
$31.27
Slippage, 4 orders
−$64.08
Fee HTX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$55.25
Costs to cover
0.861%
Break-even
never at this rate
Slippage from HTX: live order book, 1 min ago; Coinbase International: live order book, 1 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, 1 min ago17.82 bp28.2 bp −$2843.7 bp −$437doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago7.03 bp14.8 bp −$1521.4 bp −$214doesn'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
Kraken Futures PF_NEARUSD−0.0423%1h4.4638−0.428%$7.3M$38.5M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4703−0.284%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4759−0.159%$109K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4678−0.338%$168K150xas long as short
Phemex NEARUSDT+0.0024%8h4.4630−0.446%$3.6M$7.7M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.629%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4780−0.112%$115K$509K50xas long as short
Aster NEARUSDT+0.0100%8h4.4667−0.363%$2.7M$4.6M50xas long as short
Binance NEARUSDT+0.0100%8h4.4660−0.379%$269.7M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4650−0.402%$227.6M$427.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4620−0.468%$62.8M$300.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.4670−0.357%$229K$1.4M10xas long as short
Gate NEAR_USDT+0.0100%8h4.4637−0.431%$38.0M$63.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4650−0.402%$89.0M$162.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4650−0.402%$52.8M$45.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4618−0.473%$73.6M$127.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4650−0.402%$82.6Mas long as short
Variational Omni NEAR+0.0100%8h4.4848+0.041%$9.3M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.4718−0.250%$259K$896K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4710−0.268%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4670−0.357%$168K$826K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4752−0.174%$279K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4686−0.321%$57K$239K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4740−0.201%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4664−0.370%$5K$49K10xas long as short
Bulk NEAR-USD+0.0100%1h4.4787−0.096%$258K$3K10xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4643−0.418%$32K$41310xas long as short
Extended NEAR-USD+0.0104%1h4.4599−0.515%$3.7M$15.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4675−0.346%$208K$38K3xas long as short
Kalshi KXNEARPERP+0.0135%8h4.4668−0.361%$899K$25.4M2.2xas long as short
Nado NEAR-PERP+0.0217%1h4.4745−0.190%$1.7M$3.2M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4670−0.357%$12.6M$32.9M75xas long as short
01 Exchange NEARUSD+0.0344%1h4.4804−0.058%$13K$6K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0359% / S −0.0261%1h4.4694−0.303%$263K100xas long as short
Hyperliquid NEAR+0.0384%1h4.4726−0.232%$364.0M$318.2M10xas long as short
Coinbase International NEAR-PERP-INTXshort+0.0488%1h4.4853+0.051%$2.3M$17.6M50x
HTX NEAR-USDTlong+0.0490%8h4.4830long leg$472K$3.7M75x
Lighter RH NEAR+0.0496%1h4.4718−0.250%$1.5M$6.5M10xas long as short
Lighter NEAR+0.0504%1h4.4707−0.275%$17.6M$24.1M15xas long as short
Backpack NEAR_USDC_PERP+0.0597%1h4.4657−0.386%$1.1M$7.1M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.4788−0.093%$618K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.4665−0.369%$421K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.4814−0.036%$1.8M$2.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1071%1h4.4720−0.245%$1.9M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1124%1h4.4610−0.490%$6K$7K10xas long as short