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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.006%
Price spread now: Pacifica against Orderly+0.546%7-day average +0.031% · 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+0.082%+$8 on $10k
Price spread, last 3 days (all we have)−0.484%−$48 · spread now +0.546%, 7d avg +0.031%
Together, before fees−0.402%+ Points / potential airdropPacifica: Active · farm board−$40 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: Pacifica is 0.515% dearer against Orderly than usual: you sell high and buy low, +$51 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.32030.0098pay 0.0098% / 8h7h 11m$57K$177K20x
ShortPacifica NEAR4.34390.0100get 0.0013% / 1h11m 08s$401K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0.37
Price spread: +0.546% → +0.031%
$51.49
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$37.86
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 3 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 Pacifica live order book, 3 min ago0.12 bp16.4 bp −$16doesn't fitdoesn'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
Phemex NEARUSDT−0.0239%8h4.3180−0.053%$3.8M$8.4M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3385+0.422%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0130%1h4.3198−0.011%$7.9M$38.1M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3396+0.447%$2.3M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.3411+0.481%$112K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3275+0.167%$346K$19.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3232+0.067%$204K150xas long as short
Variational Omni NEAR+0.0010%8h4.3248+0.104%$8.2M$18.9Mas long as short
01 Exchange NEARUSD+0.0016%1h4.3417+0.495%$13K$7K10xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.150%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NEAR_USDC-PERPETUAL+0.0051%1h4.3214+0.025%$1.9M$3.8M25xas long as short
Popdex NEARUSDT+0.0096%1h4.3400+0.456%$115K$479K50xas long as short
Orderly PERP_NEAR_USDClong+0.0098%8h4.3203long leg$57K$177K20x
Paradex NEAR-USD-PERP+0.0100%8h4.3440+0.550%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.3412+0.484%$3.0M$5.8M50xas long as short
Pacifica NEARshort+0.0100%1h4.3439+0.546%$401K$1.2M10x
Binance NEARUSDT+0.0100%8h4.3200−0.007%$257.9M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3148−0.127%$218.6M$414.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3130−0.169%$60.9M$277.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3410+0.479%$206K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3083−0.277%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3251+0.111%$31.1M$60.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3170−0.076%$75.7M$141.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3170−0.076%$56.1M$42.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3141−0.144%$71.9M$122.3M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3160−0.100%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3290+0.202%$258K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3459+0.593%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3330+0.294%$181K$780K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3417+0.495%$194K$3.4M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3280+0.178%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3185−0.042%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3350+0.340%$457K$3.7M75xas long as short
Extended NEAR-USD+0.0104%1h4.3148−0.128%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3180−0.054%$201K$31K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3230+0.062%$12.9M$27.7M75xas long as short
Hyperliquid NEAR+0.0371%1h4.3499+0.685%$369.6M$306.5M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0307%1h4.3245+0.097%$277K100xas long as short
Nado NEAR-PERP+0.0417%1h4.3381+0.412%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3412+0.484%$404K$1.2M10xas long as short
Lighter RH NEAR+0.0472%1h4.3250+0.109%$1.6M$7.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0485%1h4.3193−0.023%$1.3M$5.9M20xas long as short
Phoenix NEAR+0.0499%1h4.3638+1.007%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1503%1h4.3323+0.277%$5K$12K10xas long as short
Lighter NEAR+0.1792%1h4.3264+0.140%$17.3M$24.7M15xas long as short