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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: BingX against Pacifica−0.083%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$390.395% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.118%−$12 on $10k
Price spread, last 7 days+0.097%+$10 · spread now −0.083%, 7d avg −0.028%
Together, before fees−0.021%+ Points / potential airdropPacifica: Active · farm board−$2 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% cheaper against Pacifica than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.48270.0100pay 0.0013% / 1h51m 07s$426K$1.2M10x
ShortBingX NEAR-USDT4.47900.0100get 0.0100% / 8h4h 51m$147.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Pacifica. 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
Price spread: −0.083% → −0.028%
−$5.52
Slippage, 4 orders
−$21.46
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$44.99
Costs to cover
0.395%
Break-even
never at this rate
Slippage from Pacifica: live order book, 3 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 3 min ago3.01 bp7.5 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago1.12 bp8.2 bp −$810.4 bp −$10420.2 bp −$2,01746.3 bp −$23.2K

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%1h4.4797−0.067%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4796−0.070%$2.2M$15.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.4796−0.070%$110K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4837+0.021%$619K$22.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4818−0.020%$167K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.623%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4830+0.006%$118K$516K50xas long as short
Pacifica NEARlong+0.0100%1h4.4827long leg$426K$1.2M10x
Binance NEARUSDT+0.0100%8h4.4810−0.039%$274.8M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4786−0.092%$224.5M$425.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4760−0.150%$64.1M$304.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5100+0.608%$257K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4788−0.088%$32.3M$62.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4810−0.039%$77.0M$146.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4790−0.083%$55.4M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4787−0.090%$73.7M$130.6M75xas long as short
BingX NEAR-USDTshort+0.0100%8h4.4790−0.083%$147.3M
Variational Omni NEAR+0.0100%8h4.4797−0.067%$8.7M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4912+0.189%$269K$977K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4926+0.219%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4950+0.273%$173K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4834+0.015%$235K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4806−0.048%$57K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4880+0.117%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4803−0.054%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4910+0.184%$467K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4780−0.106%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4785−0.095%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4825−0.005%$208K$40K3xas long as short
Extended NEAR-USD+0.0216%1h4.4758−0.154%$4.0M$19.6M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.4840+0.028%$14.2M$33.6M75xas long as short
Backpack NEAR_USDC_PERP+0.0265%1h4.4818−0.021%$1.4M$6.7M20xas long as short
Aster NEARUSDT+0.0304%8h4.4810−0.039%$3.1M$5.6M50xas long as short
01 Exchange NEARUSD+0.0312%1h4.4813−0.032%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0339% / S −0.0216%1h4.4821−0.013%$250K100xas long as short
Hyperliquid NEAR+0.0357%1h4.4822−0.012%$371.6M$325.0M10xas long as short
Nado NEAR-PERP+0.0494%1h4.4783−0.098%$1.9M$3.1M10xas long as short
Lighter RH NEAR+0.0544%1h4.4835+0.017%$1.6M$7.1M10xas long as short
Kraken Futures PF_NEARUSD+0.0579%1h4.4821−0.015%$8.3M$40.3M50xas long as short
Arcus NEAR-USD+0.0581%1h4.4850+0.050%$222K$1.8M10xas long as short
Lighter NEAR+0.0744%1h4.4868+0.091%$18.1M$26.1M15xas long as short
Phoenix NEAR+0.0794%1h4.5018+0.425%$1.9M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0866%1h4.4847+0.044%$2.1M$6.5M25xas long as short
RISEx NEAR/USDC+0.0926%1h4.4842+0.032%$566K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1582%1h4.4888+0.135%$6K$12K10xas long as short