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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.045%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$500.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 7 days+0.052%+$5 · spread now −0.045%, 7d avg −0.011%
Together, before fees+0.048%+$5 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: Binance is 0.034% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NEARUSDTM4.41800.0100pay 0.0100% / 8h4h 20m$54.7M$46.2M75x
ShortBinance NEARUSDT4.41600.0100get 0.0100% / 8h4h 20m$271.2M$1.10B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
Price spread: −0.045% → −0.011%
−$3.44
Slippage, 4 orders
−$28.43
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$53.86
Costs to cover
0.504%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 9 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 KuCoin live order book, 4 min ago2.27 bp18.6 bp −$1934.1 bp −$341107.8 bp −$10.8Kdoesn't fit
Sell Binance live order book, 9 min ago1.14 bp8.2 bp −$812.4 bp −$12434.2 bp −$3,422105.8 bp −$52.9K

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%1h4.4042−0.312%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4042−0.312%$2.3M$15.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.4022−0.358%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4069−0.251%$605K$22.1M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4052−0.290%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.270%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4070−0.249%$113K$518K50xas long as short
Pacifica NEAR+0.0100%1h4.4054−0.286%$421K$1.2M10xas long as short
Binance NEARUSDTshort+0.0100%8h4.4160−0.045%$271.2M$1.10B75x
Bybit NEARUSDT+0.0100%8h4.4110−0.158%$221.8M$424.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4150−0.068%$62.8M$299.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4098−0.185%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4115−0.147%$32.1M$64.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4150−0.068%$74.4M$149.8M200xas long as short
KuCoin NEARUSDTMlong+0.0100%8h4.4180long leg$54.7M$46.2M75x
Bitget NEARUSDT+0.0100%8h4.4149−0.070%$72.5M$130.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4130−0.113%$147.5Mas long as short
Variational Omni NEAR+0.0100%8h4.4057−0.279%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4206+0.058%$265K$977K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4210+0.068%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4050−0.294%$169K$802K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4074−0.240%$232K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4173−0.016%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4170−0.023%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4220+0.091%$458K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4160−0.045%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4037−0.324%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4210+0.068%$206K$40K3xas long as short
SoDEX NEAR-USD+0.0124%1h4.4155−0.057%$8K$52K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4110−0.158%$13.9M$32.8M75xas long as short
Backpack NEAR_USDC_PERP+0.0300%1h4.4159−0.048%$1.4M$6.5M20xas long as short
Aster NEARUSDT+0.0303%8h4.4150−0.068%$3.0M$5.5M50xas long as short
Hyperliquid NEAR+0.0313%1h4.4186+0.014%$364.5M$324.6M10xas long as short
01 Exchange NEARUSD+0.0320%1h4.4120−0.136%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0190%1h4.4046−0.304%$233K100xas long as short
Extended NEAR-USD+0.0360%1h4.4132−0.109%$3.9M$19.7M25xas long as short
Nado NEAR-PERP+0.0540%1h4.4065−0.260%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4120−0.136%$218K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0588%1h4.4183+0.008%$8.1M$39.7M50xas long as short
Lighter RH NEAR+0.0608%1h4.4200+0.045%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4289+0.247%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.4119−0.137%$590K$1.4M10xas long as short
Lighter NEAR+0.0928%1h4.4211+0.070%$17.8M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1551%1h4.4114−0.148%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1585%1h4.4230+0.113%$2.0M$7.3M25xas long as short