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−0.0556%/8h= −60.9% APRpaid last 24h −0.170%
Price spread now: Bitget against RISEx−0.469%68s7-day average −0.069% · 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−$320.325% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.455%−$46 on $10k
Price spread, last 7 days+0.391%+$39 · spread now −0.469%, 7d avg −0.069%
Together, before fees−0.064%−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bitget is 0.400% cheaper against RISEx than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.069%). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.56860.0656pay 0.0082% / 1h2m 29s$649K$1.6M10x
ShortBitget NEARUSDT4.54720.0100get 0.0100% / 8h7h 02m$75.1M$127.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against RISEx. 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
−$116.79
Price spread: −0.469% → −0.069%
−$39.97
Slippage, 4 orders
−$14.49
Fee RISEx: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$189.24
Costs to cover
0.325%
Break-even
never at this rate
Slippage from RISEx: live order book, 1 min ago; Bitget: live order book, 2 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 RISEx live order book, 1 min ago2.70 bp5.7 bp −$612.7 bp −$127doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.76 bp9.1 bp −$916.4 bp −$164doesn'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−0.0413%1h4.5727+0.090%$7.5M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.5762+0.167%$2K20xas long as short
Phemex NEARUSDT−0.0057%8h4.5660−0.057%$3.6M$7.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.5518−0.368%$111K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5649−0.081%$171K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−9.360%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5520−0.363%$119K$516K50xas long as short
Aster NEARUSDT+0.0100%8h4.5520−0.363%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.5540−0.320%$276.3M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5530−0.342%$237.8M$434.8M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.5460−0.495%$64.8M$310.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.5570−0.254%$238K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5050−1.392%$260K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5513−0.379%$39.1M$64.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5510−0.385%$85.3M$167.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5530−0.342%$54.0M$45.6M75xas long as short
Bitget NEARUSDTshort+0.0100%8h4.5472−0.469%$75.1M$127.5M75x
BingX NEAR-USDT+0.0100%8h4.5510−0.385%$83.1Mas long as short
Variational Omni NEAR+0.0100%8h4.5318−0.807%$9.4M$17.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.5430−0.560%$268K$900K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5537−0.327%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5480−0.451%$171K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5525−0.353%$283K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5472−0.469%$59K$254K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5800+0.249%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5710+0.052%$5K$49K10xas long as short
Extended NEAR-USD+0.0104%1h4.5513−0.379%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5731+0.098%$213K$38K3xas long as short
Paradex NEAR-USD-PERP+0.0108%8h4.5560−0.277%$33K$41310xas long as short
Kalshi KXNEARPERP+0.0130%8h4.5719+0.072%$916K$25.5M2.2xas long as short
Nado NEAR-PERP+0.0219%1h4.5535−0.331%$1.8M$3.2M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.5690+0.009%$12.9M$33.6M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0349% / S −0.0244%1h4.5660−0.058%$269K100xas long as short
HTX NEAR-USDT+0.0372%8h4.5810+0.271%$482K$3.8M75xas long as short
01 Exchange NEARUSD+0.0392%1h4.5524−0.355%$13K$5K10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.5759+0.160%$2.4M$18.0M50xas long as short
Hyperliquid NEAR+0.0495%1h4.5547−0.304%$370.4M$319.9M10xas long as short
Lighter NEAR+0.0568%1h4.5625−0.133%$17.9M$24.3M15xas long as short
Lighter RH NEAR+0.0576%1h4.5616−0.153%$1.6M$6.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0649%1h4.5744+0.127%$1.1M$7.2M20xas long as short
RISEx NEAR/USDClong+0.0656%1h4.5686long leg$649K$1.6M10x
Pacifica NEAR+0.0701%1h4.5586−0.220%$430K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.5702+0.035%$1.7M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1261%1h4.5321−0.798%$6K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.2267%1h4.5802+0.254%$2.0M$13.1M25xas long as short