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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against SunX−0.221%7-day average −0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1581.578% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 3 days (all we have)−0.199%−$20 · spread now −0.221%, 7d avg −0.162%
Together, before fees−0.260%−$26 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: Bitget is 0.059% cheaper against SunX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.162%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NEAR-USDT4.16400.0100pay 0.0100% / 8h1h 43m$2K$1.4M20x
ShortBitget NEARUSDT4.15480.0100get 0.0100% / 8h1h 43m$69.0M$125.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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: −0.221% → −0.162%
−$5.9
Slippage, 4 orders
−$137.77
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$163.67
Costs to cover
1.578%
Break-even
never at this rate
Slippage from SunX: live order book, 11 min ago; Bitget: live order book, 1 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 SunX live order book, 11 min ago31.48 bp52.8 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago0.12 bp12.1 bp −$1213.8 bp −$13829.2 bp −$2,924doesn'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%1h4.1545−0.229%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1551−0.214%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.552%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1596−0.105%$107K$56K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1578−0.149%$417K$18.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1575−0.156%$206K150xas long as short
Kraken Futures PF_NEARUSD+0.0049%1h4.1578−0.149%$7.5M$36.8M50xas long as short
01 Exchange NEARUSD+0.0064%1h4.1586−0.130%$12K$7K10xas long as short
Lighter NEAR+0.0096%1h4.1613−0.064%$15.3M$22.5M15xas long as short
Lighter RH NEAR+0.0096%1h4.1605−0.084%$1.4M$6.9M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.1570−0.168%$111K$482K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.1568−0.173%$54K$156K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1564−0.182%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1609−0.074%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1595−0.108%$350K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1550−0.216%$237.8M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1530−0.264%$211.7M$422.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1530−0.264%$56.9M$274.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1590−0.120%$308K$1.6M10xas long as short
Gate NEAR_USDT+0.0100%8h4.1577−0.151%$29.7M$57.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1550−0.216%$81.9M$141.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1580−0.144%$54.9M$44.5M75xas long as short
Bitget NEARUSDTshort+0.0100%8h4.1548−0.221%$69.0M$125.6M75x
BingX NEAR-USDT+0.0100%8h4.1560−0.192%$136.8Mas long as short
Variational Omni NEAR+0.0100%8h4.1461−0.430%$7.7M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1581−0.143%$237K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1593−0.112%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1600−0.096%$183K$789K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1602−0.091%$199K$3.1M10xas long as short
SunX NEAR-USDTlong+0.0100%8h4.1640long leg$2K$1.4M20x
SoDEX NEAR-USD+0.0100%1h4.1557−0.199%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1560−0.192%$3.8M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1450−0.456%$236K$4K10xas long as short
Extended NEAR-USD+0.0104%1h4.1532−0.260%$3.8M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1556−0.202%$200K$62K3xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0135%1h4.1590−0.120%$1.8M$2.1M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.1570−0.168%$12.2M$33.4M75xas long as short
Hyperliquid NEAR+0.0309%1h4.1612−0.067%$349.9M$298.7M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1593−0.114%$412K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0379% / S −0.0327%1h4.1564−0.183%$280K100xas long as short
Backpack NEAR_USDC_PERP+0.0465%1h4.1627−0.031%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0531%1h4.1559−0.193%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1614−0.062%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.0892%1h4.1539−0.243%$5K$11K10xas long as short
HTX NEAR-USDT+0.1003%8h4.1740+0.240%$450K$3.6M75xas long as short