Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

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: Bitget against KuCoin−0.067%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$580.577% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.067%, 7d avg −0.049%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NEARUSDTM	4.4490	0.0100	pay 0.0100% / 8h	6h 22m	$54.7M	$43.0M	75x
Short	Bitget NEARUSDT	4.4460	0.0100	get 0.0100% / 8h	6h 22m	$73.3M	$125.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now −0.067%Rate

Funding earned: $0
Price spread: −0.067% → −0.049%: −$1.8
Slippage, 4 orders: −$33.71
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$59.52
Costs to cover: 0.577%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 2 min ago	2.27 bp	21.8 bp −$22	35.3 bp −$353	87.3 bp −$8,727	doesn't fit
Sell Bitget live order book, 2 min ago	2.15 bp	10.7 bp −$11	19.3 bp −$193	35.7 bp −$3,571	doesn't fit

NEAR on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.4458	−0.071%	$2K	—	20x	as long as short
Phemex NEARUSDT	−0.0170%	8h	4.4450	−0.090%	$3.9M	$8.2M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.4448	−0.094%	$2.2M	$14.5M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4612	+0.274%	$110K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4561	+0.160%	$703K	$19.7M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.4459	−0.070%	$197K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.923%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0072%	8h	4.3998	−1.106%	$8.6M	$18.6M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4460	−0.067%	$110K	$486K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4642	+0.343%	$422K	$1.2M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.4490	0.000%	$269.8M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4439	−0.115%	$225.1M	$421.9M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4440	−0.112%	$63.4M	$291.7M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.4560	+0.157%	$212K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4050	−0.989%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4464	−0.058%	$32.2M	$62.0M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4500	+0.022%	$75.6M	$141.3M	200x	as long as short
KuCoin NEARUSDTMlong	+0.0100%	8h	4.4490	long leg	$54.7M	$43.0M	75x
Bitget NEARUSDTshort	+0.0100%	8h	4.4460	−0.067%	$73.3M	$125.7M	75x
BingX NEAR-USDT	+0.0100%	8h	4.4470	−0.045%	—	$143.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4063	−0.959%	$272K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4170	−0.719%	$1.5M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4180	−0.697%	$184K	$762K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4501	+0.025%	$218K	$3.5M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4470	−0.045%	$61K	$190K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4560	+0.157%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4465	−0.056%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4520	+0.067%	$456K	$3.9M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.4562	+0.163%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4458	−0.071%	$3.9M	$18.5M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4683	+0.433%	$208K	$34K	3x	as long as short
Aster NEARUSDT	+0.0168%	8h	4.4520	+0.067%	$3.1M	$5.8M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0213%	1h	4.4473	−0.039%	$8.1M	$40.8M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0335%	1h	4.4500	+0.022%	$1.9M	$4.2M	25x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0360% / S −0.0258%	1h	4.4451	−0.088%	$269K	—	100x	as long as short
Nado NEAR-PERP	+0.0369%	1h	4.4485	−0.011%	$1.9M	$3.1M	10x	as long as short
01 Exchange NEARUSD	+0.0408%	1h	4.4533	+0.097%	$13K	$7K	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.4520	+0.068%	$561K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.4147	−0.771%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0832%	1h	4.4486	−0.009%	$1.7M	$7.0M	10x	as long as short
Hyperliquid NEAR	+0.0897%	1h	4.4537	+0.106%	$376.4M	$307.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0954%	1h	4.4513	+0.052%	$1.4M	$6.1M	20x	as long as short
Aftermath Perps NEARUSD	+0.1528%	1h	4.4160	−0.742%	$6K	$12K	10x	as long as short
Lighter NEAR	+0.1672%	1h	4.4544	+0.122%	$17.8M	$25.4M	15x	as long as short