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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Orderly+0.041%7-day average −0.014% · you sell dearer than you buy
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 7 days−0.025%−$3 on $10k
Price spread, last 3 days (all we have)−1.154%−$115 · spread now +0.041%, 7d avg −0.014%
Together, before fees−1.180%−$118 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: BingX is 0.055% dearer against Orderly than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.16030.0099pay 0.0099% / 8h1h 31m$53K$158K20x
ShortBingX NEAR-USDT4.16200.0100get 0.0100% / 8h1h 31m$136.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Orderly. 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
$0.13
Price spread: +0.041% → −0.014%
$5.49
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
−$10.37
Costs to cover
0.160%
Break-even
547.3 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 8 min ago. 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 Orderly no order-book sample
Sell BingX live order book, 8 min ago1.21 bp6.2 bp −$68.7 bp −$8715.6 bp −$1,55633.8 bp −$16.9K
Orderly: 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%1h4.1639+0.085%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1600−0.007%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.464%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1725+0.293%$108K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1792+0.454%$430K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1644+0.098%$206K150xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0014%1h4.1624+0.050%$1.8M$2.2M25xas long as short
Kraken Futures PF_NEARUSD+0.0049%1h4.1625+0.053%$7.6M$36.8M50xas long as short
01 Exchange NEARUSD+0.0088%1h4.1717+0.274%$12K$7K10xas long as short
Lighter RH NEAR+0.0096%1h4.1647+0.106%$1.5M$6.9M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.1690+0.209%$111K$482K50xas long as short
Orderly PERP_NEAR_USDClong+0.0099%8h4.1603long leg$53K$158K20x
Paradex NEAR-USD-PERP+0.0100%8h4.1707+0.250%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1660+0.137%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1725+0.294%$361K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1630+0.065%$238.0M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1610+0.017%$212.2M$423.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1640+0.089%$57.3M$275.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1720+0.281%$310K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1500−0.248%$236K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1633+0.072%$29.8M$57.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1640+0.089%$81.9M$141.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1670+0.161%$54.9M$44.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1658+0.132%$69.0M$125.4M75xas long as short
BingX NEAR-USDTshort+0.0100%8h4.1620+0.041%$136.9M
Variational Omni NEAR+0.0100%8h4.1530−0.175%$7.7M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.1758+0.373%$238K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1831+0.548%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1730+0.305%$174K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1700+0.233%$206K$3.2M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1700+0.233%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1600−0.007%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1610+0.017%$3.8M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.1609+0.015%$3.8M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1590−0.031%$200K$62K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.1560−0.103%$12.2M$31.6M75xas long as short
Hyperliquid NEAR+0.0312%1h4.1658+0.132%$351.7M$298.8M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1710+0.258%$410K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0381% / S −0.0328%1h4.1640+0.089%$281K100xas long as short
Lighter NEAR+0.0408%1h4.1681+0.188%$15.9M$23.3M15xas long as short
Backpack NEAR_USDC_PERP+0.0433%1h4.1626+0.055%$1.2M$5.7M20xas long as short
Phoenix NEAR+0.0542%1h4.1800+0.474%$1.7M$2.7M10xas long as short
Nado NEAR-PERP+0.0547%1h4.1680+0.185%$1.8M$3.5M10xas long as short
Aftermath Perps NEARUSD+0.0854%1h4.1733+0.313%$5K$11K10xas long as short
HTX NEAR-USDT+0.0977%8h4.1780+0.425%$447K$3.6M75xas long as short