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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0404%/8h= +44.2% APRpaid last 24h −0.118%
Price spread now: Extended against HTX−0.240%7-day average −0.291% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$510.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.578%−$58 on $10k
Price spread, last 4 days (all we have)−0.336%−$34 · spread now −0.240%, 7d avg −0.291%
Together, before fees−0.914%+ Points / potential airdropExtended: Active · farm board−$91 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Extended is 0.052% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.291%. Mind the row above: over the last 7 days funding on this pair cost −0.578%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NEAR-USDT4.33300.0100pay 0.0100% / 8h2h 17m$467K$4.0M75x
ShortExtended NEAR-USD4.32260.0504get 0.0063% / 1h17m 12s$3.7M$19.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$84.84
Price spread: −0.240% → −0.291%
$5.15
Slippage, 4 orders
−$34.06
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$38.93
Costs to cover
0.511%
Break-even
3.8 days
Slippage from HTX: live order book, 2 min ago; Extended: live order book, 2 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, 2 min ago5.75 bp16.0 bp −$1644.1 bp −$441doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.69 bp4.7 bp −$512.7 bp −$127doesn'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
Reya NEARRUSDPERP−0.0171%1h4.3193−0.315%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3287−0.099%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3250−0.186%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.431%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3270−0.138%$114K$497K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3200−0.300%$216.2M$420.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3220−0.254%$60.9M$286.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3050−0.646%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3217−0.261%$32.8M$60.3M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3270−0.138%$52.3M$46.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3210−0.277%$71.3M$127.0M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3220−0.254%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3197−0.306%$8.4M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3265−0.150%$261K$956K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3442+0.258%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3236−0.217%$266K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3268−0.143%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.33300.000%$2K$1.3M20xas long as short
HTX NEAR-USDTlong+0.0100%8h4.3330long leg$467K$4.0M75x
Phemex NEARUSDT+0.0100%8h4.3250−0.185%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3308−0.050%$31K$60810xas long as short
MEXC NEAR_USDT+0.0109%8h4.3280−0.115%$78.3M$145.1M200xas long as short
Binance NEARUSDT+0.0109%8h4.3250−0.185%$263.3M$1.09B75xas long as short
Aevo NEAR-PERP+0.0112%1h4.3295−0.081%$201K$37K3xas long as short
BloFin NEAR-USDT+0.0229%8h4.3250−0.185%$13.2M$31.7M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3297−0.076%$2.3M$16.2M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0311% / S −0.0201%1h4.3227−0.237%$231K100xas long as short
Kalshi KXNEARPERP+0.0316%8h4.3325−0.012%$988K$24.7M2.2xas long as short
Aster NEARUSDT+0.0334%8h4.3280−0.115%$2.8M$5.3M50xas long as short
ApeX Omni NEARUSDT+0.0367%1h4.3490+0.369%$167K$795K50xas long as short
Nado NEAR-PERP+0.0403%1h4.3245−0.197%$1.7M$3.2M10xas long as short
Extended NEAR-USDshort+0.0504%1h4.3226−0.240%$3.7M$19.5M25x
SoDEX NEAR-USD+0.0556%1h4.3235−0.219%$5K$52K10xas long as short
Hyperliquid NEAR+0.0656%1h4.3267−0.145%$354.5M$310.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0680%1h4.3248−0.189%$1.3M$6.6M20xas long as short
Kraken Futures PF_NEARUSD+0.0732%1h4.3230−0.231%$7.3M$39.1M50xas long as short
01 Exchange NEARUSD+0.0736%1h4.3335+0.012%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.3340+0.023%$224K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.3342+0.028%$397K$1.3M10xas long as short
Lighter NEAR+0.0928%1h4.3308−0.051%$16.9M$25.2M15xas long as short
Phoenix NEAR+0.1033%1h4.3541+0.487%$1.8M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1069%1h4.3278−0.120%$2.0M$11.7M25xas long as short
Lighter RH NEAR+0.1112%1h4.3307−0.053%$1.4M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.3313−0.038%$687K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1332%1h4.3243−0.201%$5K$12K10xas long as short