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: OKX against KuCoin−0.046%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$510.510% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 7 days+0.053%+$5 · spread now −0.046%, 7d avg −0.040%

Together, before fees+0.076%+$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NEARUSDTM	4.3030	0.0100	pay 0.0100% / 8h	7h 52m	$56.2M	$43.1M	75x
Short	OKX NEAR-USDT-SWAP	4.3010	0.0100	get 0.0100% / 8h	7h 52m	$61.1M	$281.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.046%Rate

Funding earned: $0
Price spread: −0.046% → −0.040%: −$0.63
Slippage, 4 orders: −$29.04
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$51.67
Costs to cover: 0.510%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; OKX: live order book, 1 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, 6 min ago	1.17 bp	15.7 bp −$16	29.6 bp −$296	100.0 bp −$9,996	doesn't fit
Sell OKX live order book, 1 min ago	1.16 bp	7.9 bp −$8	15.6 bp −$156	40.3 bp −$4,030	doesn't fit

NEAR on 45 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
Phemex NEARUSDT	−0.1999%	8h	4.3080	+0.116%	$3.9M	$8.6M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3052	+0.052%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0131%	1h	4.3104	+0.171%	$7.6M	$37.2M	50x	as long as short
Bybit NEARUSDT	−0.0114%	8h	4.2990	−0.093%	$219.1M	$418.9M	75x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3061	+0.072%	$2.3M	$13.1M	50x	as long as short
01 Exchange NEARUSD	−0.0008%	1h	4.3062	+0.074%	$13K	$7K	10x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3049	+0.044%	$112K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3105	+0.174%	$378K	$18.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3092	+0.144%	$204K	—	150x	as long as short
Variational Omni NEAR	+0.0019%	8h	4.2869	−0.374%	$7.9M	$18.5M	—	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.765%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3050	+0.046%	$112K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3100	+0.163%	$57K	$193K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3041	+0.025%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3100	+0.163%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3042	+0.028%	$403K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3052	+0.052%	$255.6M	$1.07B	75x	as long as short
OKX NEAR-USDT-SWAPshort	+0.0100%	8h	4.3010	−0.046%	$61.1M	$281.7M	50x
Arcus NEAR-USD	+0.0100%	1h	4.3050	+0.046%	$197K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2646	−0.892%	$243K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3029	−0.002%	$31.1M	$58.5M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3020	−0.023%	$79.5M	$138.4M	200x	as long as short
KuCoin NEARUSDTMlong	+0.0100%	8h	4.3030	long leg	$56.2M	$43.1M	75x
Bitget NEARUSDT	+0.0100%	8h	4.3025	−0.012%	$71.4M	$125.1M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3030	0.000%	—	$141.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2790	−0.558%	$244K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2819	−0.491%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2780	−0.581%	$179K	$794K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3089	+0.137%	$193K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3140	+0.256%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3080	+0.116%	$5K	$53K	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3007	−0.053%	$3.9M	$16.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3099	+0.159%	$201K	$28K	3x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0144%	1h	4.3116	+0.200%	$1.9M	$2.9M	25x	as long as short
HTX NEAR-USDT	+0.0149%	8h	4.3190	+0.372%	$459K	$3.6M	75x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3090	+0.139%	$13.0M	$29.3M	75x	as long as short
Hyperliquid NEAR	+0.0347%	1h	4.3100	+0.163%	$367.6M	$299.8M	10x	as long as short
Lighter RH NEAR	+0.0360%	1h	4.3112	+0.191%	$1.6M	$6.8M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0376% / S −0.0313%	1h	4.3090	+0.139%	$275K	—	100x	as long as short
Nado NEAR-PERP	+0.0423%	1h	4.3010	−0.046%	$1.9M	$3.4M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3069	+0.091%	$409K	$1.2M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.2848	−0.423%	$1.8M	$2.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0501%	1h	4.3131	+0.235%	$1.4M	$5.6M	20x	as long as short
Aftermath Perps NEARUSD	+0.1185%	1h	4.2929	−0.234%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.2032%	1h	4.3160	+0.302%	$17.2M	$23.8M	15x	as long as short