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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: OKX against Pacifica−0.151%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$400.401% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.151%, 7d avg −0.068%
Together, before fees+0.015%+ 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: OKX is 0.084% cheaper against Pacifica than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.29350.0100pay 0.0013% / 1h50m 06s$403K$1.2M10x
ShortOKX NEAR-USDT-SWAP4.28700.0100get 0.0100% / 8h50m 06s$61.1M$286.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.151% → −0.068%
−$8.38
Slippage, 4 orders
−$22.09
Fee Pacifica: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$48.48
Costs to cover
0.401%
Break-even
never at this rate
Slippage from Pacifica: live order book, 4 min ago; OKX: 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 ago2.42 bp9.6 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago1.15 bp7.1 bp −$714.7 bp −$14743.2 bp −$4,325doesn'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%1h4.2784−0.352%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2907−0.065%$2.2M$13.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.2884−0.118%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2914−0.049%$394K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2842−0.216%$204K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.552%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2800−0.314%$108K$497K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2933−0.005%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2878−0.133%$3.0M$5.5M50xas long as short
Pacifica NEARlong+0.0100%1h4.2935long leg$403K$1.2M10x
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.2870−0.151%$252.9M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2850−0.198%$220.5M$421.8M75xas long as short
OKX NEAR-USDT-SWAPshort+0.0100%8h4.2870−0.151%$61.1M$286.3M50x
Arcus NEAR-USD+0.0100%1h4.2830−0.245%$197K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000+0.151%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2885−0.116%$30.3M$58.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2870−0.151%$79.7M$139.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2890−0.105%$56.2M$43.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2872−0.147%$71.2M$126.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2880−0.128%$138.4Mas long as short
Variational Omni NEAR+0.0100%8h4.3020+0.197%$8.0M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3254+0.743%$270K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3290+0.827%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3350+0.967%$181K$789K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2822−0.263%$201K$3.3M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2838−0.226%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2890−0.105%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2850−0.198%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2860−0.175%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2816−0.276%$4.0M$15.8M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2800−0.314%$206K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2862−0.171%$7.5M$36.8M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2960+0.058%$13.0M$30.8M75xas long as short
01 Exchange NEARUSD+0.0232%1h4.2822−0.263%$13K$7K10xas long as short
Lighter RH NEAR+0.0312%1h4.2937+0.005%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0390% / S −0.0343%1h4.2850−0.198%$291K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2830−0.244%$413K$1.2M10xas long as short
Phoenix NEAR+0.0463%1h4.3418+1.125%$1.8M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0465%1h4.2906−0.068%$1.3M$5.6M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0474%1h4.2870−0.151%$1.9M$2.3M25xas long as short
Nado NEAR-PERP+0.0865%1h4.2782−0.357%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0890%8h4.2980+0.105%$459K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1164%1h4.3105+0.396%$5K$11K10xas long as short
Hyperliquid NEAR+0.1280%1h4.2966+0.072%$370.6M$297.6M10xas long as short
Lighter NEAR+0.2128%1h4.3003+0.158%$16.5M$23.6M15xas long as short