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+0.0696%/8h= +76.2% APRnext payment +$6.96 per $10,000 · paid last 24h +0.066%
Price spread now: HTX against Orderly+0.221%7-day average +0.244% · 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+0.571%+$57 on $10k
Price spread, last 3 days (all we have)+0.063%+$6 · spread now +0.221%, 7d avg +0.244%
Together, before fees+0.635%+$63 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.023% cheaper against Orderly than usual: you would sell low and buy high (spread +0.221% now, against its 7-day average of +0.244%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.571% in total) that is about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.29650.0100pay 0.0100% / 8h18m 44s$57K$194K20x
ShortHTX NEAR-USDT4.30600.0795get 0.0795% / 8h18m 44s$463K$3.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$146.1
Price spread: +0.221% → +0.244%
−$2.27
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
$125.83
Costs to cover
0.180%
Break-even
1.0 days
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 5 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 HTX live order book, 5 min ago5.85 bp13.6 bp −$1448.3 bp −$483doesn'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 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%1h4.2937−0.066%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2840−0.291%$2.3M$13.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.2954−0.027%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2905−0.140%$359K$18.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2942−0.053%$202K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.619%$578$302K12xas long as short
Bybit NEARUSDT+0.0055%8h4.2795−0.396%$218.3M$422.5M75xas long as short
Variational Omni NEAR+0.0056%8h4.2869−0.223%$7.9M$18.5Mas long as short
01 Exchange NEARUSD+0.0080%1h4.3002+0.086%$13K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2990+0.058%$109K$496K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDClong+0.0100%8h4.2965long leg$57K$194K20x
Paradex NEAR-USD-PERP+0.0100%8h4.2963−0.005%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2886−0.184%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2967+0.004%$402K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2762−0.473%$252.9M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2810−0.361%$60.9M$286.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2980+0.035%$197K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2950−0.035%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2820−0.337%$30.7M$60.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2830−0.314%$78.2M$142.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2840−0.291%$55.7M$43.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2810−0.361%$71.1M$126.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2820−0.337%$140.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.2658−0.715%$243K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2722−0.566%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2690−0.640%$178K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3011+0.107%$191K$3.4M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3010+0.105%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2875−0.209%$4K$54K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2810−0.361%$3.8M$8.6M50xas long as short
Extended NEAR-USD+0.0104%1h4.2784−0.421%$3.9M$16.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2945−0.046%$203K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2876−0.208%$7.6M$37.5M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2810−0.361%$13.0M$29.4M75xas long as short
Lighter RH NEAR+0.0320%1h4.2813−0.354%$1.5M$7.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0314%1h4.2931−0.078%$275K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.3000+0.082%$419K$1.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0425%1h4.2995+0.070%$1.9M$2.5M25xas long as short
Backpack NEAR_USDC_PERP+0.0462%1h4.2841−0.289%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2939−0.061%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0678%1h4.2957−0.019%$1.9M$3.4M10xas long as short
Hyperliquid NEAR+0.0715%1h4.2853−0.261%$366.9M$299.7M10xas long as short
HTX NEAR-USDTshort+0.0795%8h4.3060+0.221%$463K$3.7M75x
Aftermath Perps NEARUSD+0.1148%1h4.2803−0.378%$5K$12K10xas long as short
Lighter NEAR+0.1672%1h4.2890−0.175%$16.5M$23.9M15xas long as short