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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0496%/8h= −54.3% APRnext payment $0.62 per $10,000 · paid last 24h −0.030%
Price spread now: 01 Exchange against Lighter RH−0.250%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 RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and 01 Exchange is 0.250% cheaper against Lighter RH than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NEAR4.47960.1040pay 0.0130% / 1h46m 52s$1.5M$6.6M10x
Short01 Exchange NEARUSD4.46840.0544get 0.0068% / 1h46m 52s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Lighter RH. 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
−$104.16
Price spread: −0.250% → 0.000%
−$25
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$136.16
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter RH: live order book, 2 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 RH live order book, 2 min ago2.01 bp2.5 bp −$39.0 bp −$90doesn't fitdoesn'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 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%1h4.4658−0.308%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4641−0.346%$110K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4670−0.281%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.559%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4670−0.281%$110K$495K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4680−0.259%$229.9M$428.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4650−0.326%$63.1M$299.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4366−0.960%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4675−0.270%$34.8M$60.0M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4710−0.192%$53.4M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4653−0.319%$73.9M$126.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.4568−0.510%$8.9M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4914+0.263%$262K$966K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4679−0.261%$281K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4725−0.158%$58K$233K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4780−0.036%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4730−0.147%$467K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4710−0.192%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0107%8h4.4682−0.255%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0122%8h4.4641−0.345%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4730−0.147%$208K$40K3xas long as short
BingX NEAR-USDT+0.0176%8h4.4690−0.237%$143.8Mas long as short
MEXC NEAR_USDT+0.0181%8h4.4700−0.214%$85.9M$145.1M200xas long as short
Binance NEARUSDT+0.0181%8h4.4700−0.214%$271.3M$1.09B75xas long as short
SoDEX NEAR-USD+0.0251%1h4.4725−0.158%$5K$52K10xas long as short
ApeX Omni NEARUSDT+0.0253%1h4.4940+0.321%$169K$805K50xas long as short
BloFin NEAR-USDT+0.0301%8h4.4780−0.036%$13.5M$33.0M75xas long as short
Kalshi KXNEARPERP+0.0303%8h4.4737−0.132%$1.1M$24.9M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0316% / S −0.0201%1h4.4677−0.266%$239K100xas long as short
Aster NEARUSDT+0.0343%8h4.4700−0.214%$2.9M$5.0M50xas long as short
Extended NEAR-USD+0.0360%1h4.4673−0.275%$3.7M$18.9M25xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4731−0.145%$2.3M$16.4M50xas long as short
Nado NEAR-PERP+0.0496%1h4.4815+0.042%$1.8M$3.2M10xas long as short
01 Exchange NEARUSDshort+0.0544%1h4.4684−0.250%$13K$7K10x
Backpack NEAR_USDC_PERP+0.0601%1h4.4768−0.063%$1.3M$6.5M20xas long as short
Kraken Futures PF_NEARUSD+0.0653%1h4.4685−0.247%$7.4M$38.3M50xas long as short
Hyperliquid NEAR+0.0689%1h4.4795−0.002%$368.6M$308.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0846%1h4.4741−0.123%$2.0M$12.3M25xas long as short
Arcus NEAR-USD+0.0880%1h4.4740−0.125%$227K$1.6M10xas long as short
Lighter NEAR+0.0976%1h4.4828+0.071%$17.6M$24.7M15xas long as short
Phoenix NEAR+0.1003%1h4.5001+0.458%$1.9M$2.5M10xas long as short
Lighter RH NEARlong+0.1040%1h4.4796long leg$1.5M$6.6M10x
Pacifica NEAR+0.1187%1h4.4712−0.187%$412K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1206%1h4.4651−0.323%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4667−0.288%$678K$1.4M10xas long as short