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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bulk against Pacifica−0.214%56s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.497% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.441%+$44 · spread now −0.214%, 7d avg −0.017%
Together, before fees+0.435%+ Points / potential airdropPacifica: Active · farm board+$44 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: Bulk is 0.197% cheaper against Pacifica than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.017%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.15390.0100pay 0.0013% / 1h42m 46s$350K$1.2M10x
ShortBulk NEAR-USD4.14500.0100get 0.0013% / 1h42m 46s$236K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: −0.214% → −0.017%
−$19.72
Slippage, 4 orders
−$34.74
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$69.47
Costs to cover
0.497%
Break-even
142738433407621664.0 days
Slippage from Pacifica: live order book, 1 min ago; Bulk: live order book, 41 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, 1 min ago2.04 bp6.3 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Bulk live order book, 41 min ago12.09 bp15.6 bp −$1635.7 bp −$35739.4 bp −$3,93751.7 bp −$25.8K

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%1h4.1545+0.013%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1551+0.029%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.311%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1510−0.069%$106K$56K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1578+0.094%$417K$18.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1575+0.086%$206K150xas long as short
Kraken Futures PF_NEARUSD+0.0049%1h4.1578+0.093%$7.5M$36.8M50xas long as short
01 Exchange NEARUSD+0.0064%1h4.1586+0.113%$12K$7K10xas long as short
Lighter NEAR+0.0096%1h4.1568+0.069%$15.3M$22.5M15xas long as short
Lighter RH NEAR+0.0096%1h4.1581+0.101%$1.4M$6.9M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.1570+0.074%$111K$482K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.1568+0.070%$54K$156K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1497−0.100%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1571+0.077%$2.9M$5.7M50xas long as short
Pacifica NEARlong+0.0100%1h4.1539long leg$350K$1.2M10x
Binance NEARUSDT+0.0100%8h4.1530−0.022%$237.7M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1501−0.092%$211.6M$422.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1490−0.118%$56.9M$274.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1530−0.022%$307K$1.6M10xas long as short
Gate NEAR_USDT+0.0100%8h4.1556+0.041%$29.7M$57.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1530−0.022%$81.7M$141.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1540+0.002%$54.8M$44.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1506−0.080%$68.9M$125.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1500−0.094%$136.8Mas long as short
Variational Omni NEAR+0.0100%8h4.1461−0.188%$7.7M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1581+0.100%$237K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1593+0.131%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1600+0.147%$183K$789K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1602+0.151%$199K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1640+0.243%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1557+0.043%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1560+0.050%$3.8M$8.2M50xas long as short
Bulk NEAR-USDshort+0.0100%1h4.1450−0.214%$236K$4K10x
Extended NEAR-USD+0.0104%1h4.1530−0.022%$3.8M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1556+0.040%$200K$62K3xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0135%1h4.1590+0.123%$1.8M$2.1M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.1570+0.074%$12.2M$33.4M75xas long as short
Hyperliquid NEAR+0.0306%1h4.1576+0.089%$349.6M$298.7M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1593+0.129%$412K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0379% / S −0.0327%1h4.1564+0.060%$280K100xas long as short
Backpack NEAR_USDC_PERP+0.0452%1h4.1589+0.120%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0531%1h4.1559+0.049%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1614+0.180%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.0892%1h4.15390.000%$5K$11K10xas long as short
HTX NEAR-USDT+0.1003%8h4.1740+0.484%$450K$3.6M75xas long as short