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−0.0094%/8h= −10.2% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Orderly+0.616%123s7-day average −0.037% · 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 4 days (all we have)−0.103%−$10 on $10k
Price spread, last 4 days (all we have)−0.644%−$64 · spread now +0.616%, 7d avg −0.037%
Together, before fees−0.748%−$75 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.652% dearer against Orderly than usual: you sell high and buy low (spread +0.616% now, against its 7-day average of −0.037%): +$65 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 days. The two prices were read 123 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.46620.0100pay 0.0100% / 8h5h 55m$58K$269K20x
ShortgTrade (Gains Network) NEAR/USD4.4937L +0.0004% / S −0.0006%get 0.0001% / 1h55m 24s$168K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$19.65
Price spread: +0.616% → −0.037%
$65.23
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$29.57
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; gTrade (Gains Network): virtual book (oracle exchange), 56 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 gTrade (Gains Network) virtual book (oracle exchange), 56 min ago130.01 bp137.7 bp −$1381007.8 bp −$10.1Kdoesn't fitdoesn't fit
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 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−0.0236%1h4.4832+0.381%$7.4M$37.1M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4609−0.118%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4621−0.093%$109K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4888+0.506%$788K$26.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDshortL +0.0004% / S −0.0006%1h4.4937+0.616%$168K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.281%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4640−0.049%$123K$505K50xas long as short
Aster NEARUSDT+0.0100%8h4.4629−0.073%$2.6M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4632−0.066%$271.2M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4654−0.018%$230.9M$428.4M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4630−0.072%$63.7M$297.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4950+0.645%$268K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4614−0.107%$39.7M$61.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4620−0.094%$75.9M$167.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4640−0.049%$53.0M$44.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4604−0.130%$74.0M$127.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4630−0.072%$77.8Mas long as short
Variational Omni NEAR+0.0100%8h4.4874+0.474%$8.9M$16.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.4966+0.680%$266K$867K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4966+0.680%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5130+1.048%$168K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4652−0.022%$279K$4.0M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.4662long leg$58K$269K20x
SunX NEAR-USDT+0.0100%8h4.4940+0.622%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4745+0.186%$5K$40K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4950+0.645%$466K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4840+0.399%$3.4M$7.9M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4636−0.059%$32K$5110xas long as short
Extended NEAR-USD+0.0104%1h4.4630−0.071%$3.7M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4839+0.397%$208K$38K3xas long as short
Lighter NEAR+0.0160%1h4.4698+0.080%$17.5M$23.2M15xas long as short
BloFin NEAR-USDT+0.0220%8h4.4990+0.734%$12.9M$32.7M75xas long as short
01 Exchange NEARUSD+0.0264%1h4.4629−0.074%$13K$4K10xas long as short
Hyperliquid NEAR+0.0293%1h4.4657−0.011%$360.0M$318.9M10xas long as short
Nado NEAR-PERP+0.0308%1h4.4635−0.060%$1.7M$3.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0226%1h4.4821+0.357%$263K100xas long as short
Arcus NEAR-USD+0.0343%1h4.4650−0.027%$226K$1.4M10xas long as short
Lighter RH NEAR+0.0384%1h4.4696+0.076%$1.6M$5.7M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.4884+0.496%$637K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.4913+0.562%$2.3M$17.7M50xas long as short
Backpack NEAR_USDC_PERP+0.0615%1h4.4800+0.309%$1.1M$7.0M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0642%1h4.4876+0.479%$1.9M$13.0M25xas long as short
Phoenix NEAR+0.0851%1h4.5045+0.858%$1.7M$2.7M10xas long as short
Pacifica NEAR+0.0851%1h4.4661−0.002%$420K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1175%1h4.4943+0.629%$6K$6K10xas long as short