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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0395%/8h= −43.3% APRpaid last 24h +0.094%
Price spread now: HTX against Pacifica−0.044%7-day average +0.217% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$890.888% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.510%+$51 on $10k
Price spread, last 4 days (all we have)+0.646%+$65 · spread now −0.044%, 7d avg +0.217%
Together, before fees+1.156%+ Points / potential airdropPacifica: Active · farm board+$116 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and HTX is 0.261% cheaper against Pacifica than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.217%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.510%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.54800.0701pay 0.0088% / 1h0m 50s$429K$1.4M10x
ShortHTX NEAR-USDT4.54600.0306get 0.0306% / 8h7h 00m$481K$3.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$82.97
Price spread: −0.044% → +0.217%
−$26.12
Slippage, 4 orders
−$68.77
Fee Pacifica: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$197.87
Costs to cover
0.888%
Break-even
never at this rate
Slippage from Pacifica: live order book, 3 min ago; HTX: 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 ago4.38 bp19.4 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 3 min ago8.78 bp18.7 bp −$1952.7 bp −$527doesn'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
Kraken Futures PF_NEARUSD−0.0417%1h4.5330−0.331%$7.5M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.5327−0.338%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.5518+0.083%$111K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5468−0.027%$171K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.949%$578$301K12xas long as short
Phemex NEARUSDT+0.0061%8h4.5340−0.308%$3.5M$8.0M50xas long as short
Popdex NEARUSDT+0.0096%1h4.5440−0.088%$119K$516K50xas long as short
Aster NEARUSDT+0.0100%8h4.5431−0.109%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.5457−0.051%$275.8M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.54800.000%$237.0M$434.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.5490+0.022%$64.7M$310.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.54800.000%$237K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5050−0.946%$260K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5418−0.137%$39.0M$64.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5420−0.132%$84.1M$167.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5310−0.374%$53.8M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5459−0.047%$75.1M$127.5M75xas long as short
BingX NEAR-USDC+0.0100%8h4.5470−0.022%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.5317−0.360%$9.4M$17.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.5430−0.110%$268K$900K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5537+0.125%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.54800.000%$171K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5412−0.150%$283K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5337−0.315%$59K$265K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5450−0.066%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5345−0.297%$5K$49K10xas long as short
Extended NEAR-USD+0.0104%1h4.5387−0.204%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5360−0.264%$211K$38K3xas long as short
Paradex NEAR-USD-PERP+0.0108%8h4.5450−0.066%$33K$41310xas long as short
Kalshi KXNEARPERP+0.0128%8h4.5331−0.328%$907K$25.4M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.5440−0.088%$12.8M$33.5M75xas long as short
Nado NEAR-PERP+0.0226%1h4.5385−0.209%$1.7M$3.2M10xas long as short
HTX NEAR-USDTshort+0.0306%8h4.5460−0.044%$481K$3.8M75x
GMX NEAR/USD [ETH-USDC]L +0.0347% / S −0.0242%1h4.5333−0.324%$265K100xas long as short
01 Exchange NEARUSD+0.0392%1h4.5448−0.071%$13K$5K10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.5417−0.139%$2.4M$17.9M50xas long as short
Hyperliquid NEAR+0.0494%1h4.5495+0.033%$369.9M$320.4M10xas long as short
Lighter RH NEAR+0.0560%1h4.5547+0.147%$1.6M$6.6M10xas long as short
Lighter NEAR+0.0576%1h4.5554+0.162%$17.9M$24.3M15xas long as short
Backpack NEAR_USDC_PERP+0.0653%1h4.5343−0.302%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.5686+0.453%$649K$1.6M10xas long as short
Pacifica NEARlong+0.0701%1h4.5480long leg$429K$1.4M10x
Phoenix NEAR+0.0740%1h4.5702+0.488%$1.7M$2.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0831%1h4.5364−0.255%$2.0M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1258%1h4.5342−0.303%$6K$7K10xas long as short