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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0124%/8h= −13.6% APRnext payment $0.15 per $10,000 · paid last 24h −0.055%
Price spread now: Coinbase International against Pacifica−0.075%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$460.456% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.254%−$25 on $10k
Price spread, last 3 days (all we have)+0.085%+$8 · spread now −0.075%, 7d avg −0.058%
Together, before fees−0.169%+ Points / potential airdropPacifica: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.14250.0100pay 0.0013% / 1h29m 55s$366K$1.2M10x
ShortCoinbase International NEAR-PERP-INTX4.1394−0.0024pay 0.0003% / 1h29m 55s$2.1M$12.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$26.04
Price spread: −0.075% → −0.058%
−$1.69
Slippage, 4 orders
−$27.57
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$73.3
Costs to cover
0.456%
Break-even
never at this rate
Slippage from Pacifica: live order book, 4 min ago; Coinbase International: live order book, 4 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, 4 min ago0.60 bp6.6 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago6.02 bp11.3 bp −$1121.5 bp −$215doesn't fitdoesn't fit

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%1h4.1407−0.045%$2K20xas long as short
Coinbase International NEAR-PERP-INTXshort−0.0024%1h4.1394−0.075%$2.1M$12.7M50x
dYdX NEAR-USD0.0000%1h4.1392−0.079%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1482+0.137%$412K$19.1M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.1460+0.084%$1.8M$2.1M25xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1427+0.004%$205K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.0730−1.678%$569$239K12xas long as short
Popdex NEARUSDT+0.0096%1h4.1410−0.037%$108K$490K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1403−0.054%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1548+0.298%$2.9M$5.9M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEARlong+0.0100%1h4.1425long leg$366K$1.2M10x
Binance NEARUSDT+0.0100%8h4.1527+0.245%$236.5M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1507+0.198%$211.3M$429.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1500+0.181%$56.8M$278.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1550+0.301%$237K$6K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1533+0.260%$29.6M$58.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1520+0.229%$80.9M$143.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1570+0.350%$56.2M$45.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1544+0.287%$69.2M$127.9M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1530+0.253%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1573+0.357%$7.7M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.1548+0.297%$236K$1.3M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1528+0.249%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1560+0.326%$183K$790K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1431+0.014%$195K$3.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1436+0.026%$53K$159K20xas long as short
SunX NEAR-USDT+0.0100%8h4.1460+0.084%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1500+0.181%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1490+0.157%$3.8M$8.4M50xas long as short
Extended NEAR-USD+0.0104%1h4.1520+0.228%$3.7M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1433+0.020%$201K$65K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1440+0.036%$307K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0149%1h4.1526+0.243%$7.1M$36.7M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.1610+0.446%$12.3M$33.9M75xas long as short
01 Exchange NEARUSD+0.0240%1h4.1431+0.014%$12K$7K10xas long as short
Nado NEAR-PERP+0.0344%1h4.1390−0.085%$1.8M$3.6M10xas long as short
Lighter RH NEAR+0.0352%1h4.1593+0.405%$1.4M$7.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0373% / S −0.0317%1h4.1423−0.006%$273K100xas long as short
RISEx NEAR/USDC+0.0569%1h4.1430+0.012%$414K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1650+0.543%$1.7M$2.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0797%1h4.1609+0.444%$1.4M$5.7M20xas long as short
Lighter NEAR+0.0872%1h4.1597+0.414%$15.4M$22.7M15xas long as short
Aftermath Perps NEARUSD+0.0997%1h4.1447+0.054%$5K$11K10xas long as short
Hyperliquid NEAR+0.1079%1h4.1629+0.492%$350.1M$301.7M10xas long as short
HTX NEAR-USDT+0.1119%8h4.1510+0.205%$446K$3.8M75xas long as short