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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.186%
Price spread now: 01 Exchange against Lighter−0.161%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.161% cheaper against Lighter than usual: you would sell low and buy high (spread −0.161% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 5.2 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NEAR4.47010.0160pay 0.0020% / 1h54m 55s$17.5M$23.3M15x
Short01 Exchange NEARUSD4.46290.0264get 0.0033% / 1h54m 55s$13K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Lighter. 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
$21.84
Price spread: −0.161% → 0.000%
−$16.13
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$1.29
Costs to cover
0.070%
Break-even
7.4 days
Slippage unknown: Lighter: live order book, 7 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 7 min ago1.40 bp6.2 bp −$620.3 bp −$20362.5 bp −$6,250doesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEAR on 45 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0237%1h4.4650−0.115%$7.4M$37.0M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4609−0.206%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4621−0.180%$109K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4758+0.127%$763K$26.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4937+0.528%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.362%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4640−0.137%$123K$505K50xas long as short
Aster NEARUSDT+0.0100%8h4.4676−0.056%$2.6M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4680−0.047%$271.2M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4674−0.061%$230.9M$428.5M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4650−0.114%$63.8M$297.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4950+0.557%$268K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4687−0.032%$39.8M$61.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4670−0.070%$76.2M$167.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4720+0.042%$53.1M$44.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4646−0.123%$74.0M$127.5M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4680−0.047%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.4874+0.386%$8.9M$16.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.4966+0.592%$266K$867K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4966+0.592%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5130+0.959%$168K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4652−0.110%$279K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4662−0.087%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4740+0.087%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4660−0.092%$5K$40K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4670−0.070%$463K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4710+0.020%$3.4M$7.9M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4636−0.146%$32K$5110xas long as short
Extended NEAR-USD+0.0104%1h4.4680−0.047%$3.7M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4639−0.138%$208K$38K3xas long as short
Lighter NEARlong+0.0160%1h4.4701long leg$17.5M$23.3M15x
BloFin NEAR-USDT+0.0220%8h4.4690−0.025%$12.8M$32.5M75xas long as short
01 Exchange NEARUSDshort+0.0264%1h4.4629−0.161%$13K$4K10x
Hyperliquid NEAR+0.0285%1h4.4789+0.197%$361.0M$319.2M10xas long as short
Nado NEAR-PERP+0.0308%1h4.4635−0.148%$1.7M$3.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0340% / S −0.0226%1h4.4701+0.001%$261K100xas long as short
Arcus NEAR-USD+0.0343%1h4.4650−0.114%$226K$1.4M10xas long as short
Lighter RH NEAR+0.0384%1h4.4778+0.172%$1.6M$5.7M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.4884+0.408%$637K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.4705+0.009%$2.3M$17.6M50xas long as short
Backpack NEAR_USDC_PERP+0.0528%1h4.4765+0.143%$1.1M$7.0M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0579%1h4.4678−0.052%$1.9M$13.0M25xas long as short
Phoenix NEAR+0.0851%1h4.5045+0.769%$1.7M$2.7M10xas long as short
Pacifica NEAR+0.0851%1h4.4661−0.090%$420K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1175%1h4.4943+0.541%$6K$6K10xas long as short