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−0.0012%/8h= −1.3% APRnext payment $0.12 per $10,000 · paid last 24h −0.066%
Price spread now: Orderly against HTX−0.137%7-day average −0.244% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.571%−$57 on $10k
Price spread, last 3 days (all we have)−0.147%−$15 · spread now −0.137%, 7d avg −0.244%
Together, before fees−0.719%−$72 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.106% dearer against HTX than usual: you sell high and buy low (spread −0.137% now, against its 7-day average of −0.244%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 29 days. At the pace of the last 7 days (−0.571% in total) that is about 31 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NEAR-USDT4.29400.0112pay 0.0112% / 8h7h 57m$457K$3.7M75x
ShortOrderly PERP_NEAR_USDC4.28810.0099get 0.0099% / 8h7h 57m$57K$194K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$2.55
Price spread: −0.137% → −0.244%
$10.64
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$9.91
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.

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 ago7.00 bp21.6 bp −$2234.8 bp −$348doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.2798−0.330%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.2882−0.136%$7.6M$37.4M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2744−0.456%$2.2M$13.2M50xas long as short
01 Exchange NEARUSD−0.0032%1h4.2759−0.422%$13K$7K10xas long as short
dYdX NEAR-USD0.0000%1h4.2748−0.447%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2688−0.587%$385K$18.8M2.2xas long as short
Bybit NEARUSDT+0.0001%8h4.2721−0.510%$217.4M$421.6M75xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2873−0.157%$203K150xas long as short
Variational Omni NEAR+0.0024%8h4.2669−0.631%$7.8M$18.5Mas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.563%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.2750−0.442%$110K$496K50xas long as short
Orderly PERP_NEAR_USDCshort+0.0099%8h4.2881−0.137%$57K$194K20x
Paradex NEAR-USD-PERP+0.0100%8h4.2731−0.487%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2799−0.328%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2767−0.402%$400K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2750−0.442%$253.5M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2780−0.373%$60.6M$284.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2760−0.419%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2646−0.684%$243K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2726−0.498%$30.8M$58.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2740−0.466%$79.4M$137.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2770−0.396%$55.8M$43.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2733−0.482%$70.9M$125.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2720−0.512%$140.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.2639−0.701%$243K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2676−0.615%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2710−0.536%$178K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2831−0.254%$194K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2920−0.047%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2860−0.186%$4K$54K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2840−0.233%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.2719−0.515%$3.8M$16.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2875−0.152%$202K$23K3xas long as short
HTX NEAR-USDTlong+0.0112%8h4.2940long leg$457K$3.7M75x
BloFin NEAR-USDT+0.0220%8h4.2590−0.815%$13.0M$29.2M75xas long as short
Hyperliquid NEAR+0.0348%1h4.2815−0.291%$364.8M$301.4M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0377% / S −0.0316%1h4.2856−0.196%$276K100xas long as short
Lighter RH NEAR+0.0384%1h4.2826−0.265%$1.6M$6.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0416%1h4.2835−0.245%$1.4M$5.6M20xas long as short
RISEx NEAR/USDC+0.0428%1h4.2769−0.398%$418K$1.2M10xas long as short
Nado NEAR-PERP+0.0443%1h4.2775−0.384%$1.9M$3.4M10xas long as short
Phoenix NEAR+0.0463%1h4.2828−0.261%$1.8M$2.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0636%1h4.2920−0.047%$1.9M$2.9M25xas long as short
Aftermath Perps NEARUSD+0.1175%1h4.2784−0.364%$5K$12K10xas long as short
Lighter NEAR+0.1728%1h4.2872−0.158%$16.9M$23.4M15xas long as short