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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against KuCoin−0.073%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$520.516% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days+0.066%+$7 · spread now −0.073%, 7d avg −0.043%
Together, before fees+0.049%+$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: Bybit is 0.031% 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 −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NEARUSDTM4.49600.0100pay 0.0100% / 8h6h 55m$53.5M$45.7M75x
ShortBybit NEARUSDT4.49270.0100get 0.0100% / 8h6h 55m$233.4M$435.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.073% → −0.043%
−$3.08
Slippage, 4 orders
−$28.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$54.65
Costs to cover
0.516%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: 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 KuCoin live order book, 3 min ago2.21 bp20.3 bp −$2052.7 bp −$527doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago1.10 bp9.3 bp −$915.8 bp −$15841.3 bp −$4,128doesn'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%1h4.5098+0.307%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0140%1h4.5091+0.292%$7.4M$38.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.4877−0.184%$109K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5437+1.061%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.896%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5080+0.267%$119K$521K50xas long as short
Aster NEARUSDT+0.0100%8h4.4966+0.014%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4933−0.059%$273.0M$1.10B75xas long as short
Bybit NEARUSDTshort+0.0100%8h4.4927−0.073%$233.4M$435.5M75x
OKX NEAR-USDT-SWAP+0.0100%8h4.4920−0.089%$63.9M$307.7M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.4940−0.044%$232K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5308+0.773%$261K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4939−0.047%$38.6M$61.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4940−0.044%$81.5M$162.7M200xas long as short
KuCoin NEARUSDTMlong+0.0100%8h4.4960long leg$53.5M$45.7M75x
Bitget NEARUSDT+0.0100%8h4.4889−0.158%$74.1M$128.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4910−0.111%$82.8Mas long as short
Variational Omni NEAR+0.0100%8h4.5146+0.414%$9.4M$17.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.5378+0.931%$268K$880K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5362+0.894%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5390+0.956%$169K$826K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5085+0.278%$281K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5155+0.434%$59K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5200+0.534%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5145+0.411%$5K$44K10xas long as short
Phemex NEARUSDT+0.0100%8h4.5090+0.289%$3.5M$8.0M50xas long as short
Extended NEAR-USD+0.0104%1h4.4967+0.014%$3.7M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5166+0.459%$210K$38K3xas long as short
Paradex NEAR-USD-PERP+0.0109%8h4.4920−0.090%$32K$41310xas long as short
Kalshi KXNEARPERP+0.0124%8h4.5153+0.429%$834K$25.5M2.2xas long as short
HTX NEAR-USDT+0.0161%8h4.5140+0.400%$476K$3.8M75xas long as short
Hyperliquid NEAR+0.0184%1h4.4957−0.007%$364.4M$323.0M10xas long as short
Lighter NEAR+0.0192%1h4.5009+0.110%$17.7M$23.4M15xas long as short
BloFin NEAR-USDT+0.0220%8h4.5380+0.934%$12.8M$33.4M75xas long as short
01 Exchange NEARUSD+0.0248%1h4.5071+0.247%$13K$5K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0235%1h4.5121+0.358%$259K100xas long as short
Coinbase International NEAR-PERP-INTX+0.0520%1h4.5182+0.494%$2.3M$18.0M50xas long as short
Lighter RH NEAR+0.0560%1h4.4976+0.036%$1.6M$6.0M10xas long as short
RISEx NEAR/USDC+0.0569%1h4.5086+0.281%$645K$1.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0711%1h4.5115+0.345%$1.1M$7.1M20xas long as short
Phoenix NEAR+0.0740%1h4.5602+1.428%$1.8M$2.2M10xas long as short
Nado NEAR-PERP+0.0761%1h4.5115+0.345%$1.7M$3.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0836%1h4.5171+0.469%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.0883%1h4.4937−0.050%$424K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1266%1h4.5287+0.728%$6K$7K10xas long as short