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% APRpaid last 24h −0.006%
Price spread now: Gate against Pacifica−0.194%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$580.575% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 4 days (all we have)+0.437%+$44 · spread now −0.194%, 7d avg −0.047%
Together, before fees+0.374%+ Points / potential airdropPacifica: Active · farm board+$37 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: Gate is 0.147% cheaper against Pacifica than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.16550.0100pay 0.0013% / 1h43m 48s$351K$1.2M10x
ShortGate NEAR_USDT4.15740.0100get 0.0100% / 8h1h 43m$29.7M$57.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.194% → −0.047%
−$14.7
Slippage, 4 orders
−$34.51
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$72.21
Costs to cover
0.575%
Break-even
never at this rate
Slippage from Pacifica: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago4.09 bp8.3 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago2.17 bp22.0 bp −$2227.5 bp −$27544.4 bp −$4,44062.8 bp −$31.4K

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%1h4.1622−0.078%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1618−0.088%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.588%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1596−0.140%$107K$56K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1663+0.020%$426K$18.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1623−0.077%$206K150xas long as short
Kraken Futures PF_NEARUSD+0.0049%1h4.1642−0.031%$7.5M$36.8M50xas long as short
01 Exchange NEARUSD+0.0064%1h4.1689+0.082%$12K$7K10xas long as short
Lighter NEAR+0.0096%1h4.1638−0.040%$15.3M$22.5M15xas long as short
Lighter RH NEAR+0.0096%1h4.1647−0.019%$1.4M$6.9M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.1660+0.013%$111K$483K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.1617−0.091%$54K$156K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1635−0.047%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1620−0.083%$2.9M$5.7M50xas long as short
Pacifica NEARlong+0.0100%1h4.1655long leg$351K$1.2M10x
Binance NEARUSDT+0.0100%8h4.1570−0.204%$237.9M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1553−0.244%$211.9M$422.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1550−0.252%$57.0M$274.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1670+0.037%$309K$1.6M10xas long as short
Gate NEAR_USDTshort+0.0100%8h4.1574−0.194%$29.7M$57.1M75x
MEXC NEAR_USDT+0.0100%8h4.1580−0.179%$81.9M$141.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1580−0.179%$54.9M$44.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1593−0.148%$69.1M$125.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1580−0.179%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1461−0.465%$7.7M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1534−0.290%$237K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1516−0.334%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1500−0.372%$182K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1705+0.121%$198K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1660+0.013%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1619−0.086%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1600−0.131%$3.8M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1450−0.492%$236K$4K10xas long as short
Extended NEAR-USD+0.0104%1h4.1558−0.231%$3.8M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1610−0.107%$200K$62K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.1600−0.131%$12.2M$33.4M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0278%1h4.1650−0.011%$1.8M$2.1M25xas long as short
Hyperliquid NEAR+0.0314%1h4.1644−0.026%$350.2M$298.6M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1690+0.085%$413K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0380% / S −0.0327%1h4.1618−0.089%$280K100xas long as short
Backpack NEAR_USDC_PERP+0.0465%1h4.1627−0.067%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0522%1h4.1650−0.011%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1614−0.098%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.0891%1h4.1526−0.309%$5K$11K10xas long as short
HTX NEAR-USDT+0.1006%8h4.1780+0.301%$451K$3.6M75xas long as short