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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0651%/8h= −71.3% APRpaid last 24h −0.060%
Price spread now: Pacifica against HTX−0.040%7-day average −0.213% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$460.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.476%−$48 on $10k
Price spread, last 3 days (all we have)−0.252%−$25 · spread now −0.040%, 7d avg −0.213%
Together, before fees−0.728%+ Points / potential airdropPacifica: Active · farm board−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.173% dearer against HTX than usual: you sell high and buy low (spread −0.040% now, against its 7-day average of −0.213%): +$17 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.476% in total) that is about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NEAR-USDT4.28300.0751pay 0.0751% / 8h5m 39s$457K$3.7M75x
ShortPacifica NEAR4.28130.0100get 0.0013% / 1h5m 39s$401K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$136.76
Price spread: −0.040% → −0.213%
$17.27
Slippage, 4 orders
−$26.23
Fee HTX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$165.72
Costs to cover
0.462%
Break-even
never at this rate
Slippage from HTX: live order book, 3 min ago; Pacifica: live order book, 3 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, 3 min ago5.84 bp16.6 bp −$1733.7 bp −$337doesn't fitdoesn't fit
Sell Pacifica live order book, 3 min ago0.12 bp10.1 bp −$10doesn't fitdoesn'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%1h4.2729−0.235%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2773−0.133%$2.2M$13.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.2799−0.072%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2777−0.124%$368K$18.7M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2791−0.091%$203K150xas long as short
Variational Omni NEAR+0.0032%8h4.2749−0.189%$7.8M$18.5Mas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.315%$578$302K12xas long as short
Bybit NEARUSDT+0.0043%8h4.2773−0.133%$217.7M$421.9M75xas long as short
01 Exchange NEARUSD+0.0064%1h4.2825−0.012%$13K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2760−0.163%$110K$497K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0100%8h4.2791−0.091%$57K$194K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2804−0.061%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2843+0.029%$3.0M$5.7M50xas long as short
Pacifica NEARshort+0.0100%1h4.2813−0.040%$401K$1.2M10x
Binance NEARUSDT+0.0100%8h4.2812−0.042%$253.4M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2790−0.093%$60.7M$286.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2810−0.047%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2757−0.170%$244K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2782−0.112%$30.9M$60.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2790−0.093%$78.5M$142.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2810−0.047%$55.8M$43.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2790−0.093%$71.0M$126.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2790−0.093%$140.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.2757−0.170%$244K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2740−0.210%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2750−0.187%$179K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2760−0.163%$194K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2810−0.047%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2783−0.110%$4K$54K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2790−0.093%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.2778−0.120%$3.8M$16.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2785−0.105%$202K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2819−0.025%$7.6M$37.5M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2760−0.163%$13.0M$29.3M75xas long as short
Lighter RH NEAR+0.0328%1h4.2864+0.079%$1.6M$7.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0377% / S −0.0316%1h4.2785−0.106%$275K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.28300.000%$419K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0445%1h4.2853+0.054%$1.4M$5.6M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0451%1h4.2818−0.028%$1.9M$2.7M25xas long as short
Phoenix NEAR+0.0463%1h4.2832+0.005%$1.8M$2.7M10xas long as short
Hyperliquid NEAR+0.0610%1h4.2865+0.082%$365.6M$300.9M10xas long as short
Nado NEAR-PERP+0.0660%1h4.2736−0.220%$1.9M$3.4M10xas long as short
HTX NEAR-USDTlong+0.0751%8h4.2830long leg$457K$3.7M75x
Aftermath Perps NEARUSD+0.1160%1h4.2836+0.015%$5K$12K10xas long as short
Lighter NEAR+0.1784%1h4.2935+0.246%$16.9M$24.6M15xas long as short