Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0428%/8h= −46.9% APRpaid last 24h −0.013%

Price spread now: Binance against 01 Exchange−0.007%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$13 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange NEARUSD	4.3803	0.0528	pay 0.0066% / 1h	54m 55s	$13K	$7K	10x
Short	Binance NEARUSDT	4.3800	0.0100	get 0.0100% / 8h	3h 54m	$269.5M	$1.10B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee BinancebpOrdersPrice spread, now −0.007%Rate

Funding earned: −$89.88
Price spread: −0.007% → 0.000%: −$0.68
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$107.56
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange no order-book sample	—	—	—	—	—
Sell Binance live order book, 4 min ago	1.14 bp	7.7 bp −$8	11.9 bp −$119	33.2 bp −$3,320	98.7 bp −$49.3K

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.3747	−0.128%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3659	−0.329%	$108K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3749	−0.123%	$164K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.463%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3816	+0.030%	$2.3M	$15.8M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3770	−0.075%	$108K	$502K	50x	as long as short
Binance NEARUSDTshort	+0.0100%	8h	4.3800	−0.007%	$269.5M	$1.10B	75x
Bybit NEARUSDT	+0.0100%	8h	4.3744	−0.135%	$221.0M	$423.8M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3740	−0.144%	$62.5M	$294.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3879	+0.173%	$250K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3746	−0.130%	$32.0M	$60.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3770	−0.075%	$75.3M	$143.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3800	−0.007%	$54.5M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3738	−0.148%	$71.9M	$129.1M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3740	−0.144%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3637	−0.378%	$8.4M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3685	−0.269%	$262K	$940K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3610	−0.441%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3700	−0.235%	$168K	$800K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3766	−0.084%	$255K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3767	−0.082%	$56K	$242K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3860	+0.130%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3850	+0.107%	$456K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3800	−0.007%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3603	−0.456%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3733	−0.159%	$203K	$40K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3810	+0.016%	$13.8M	$32.4M	75x	as long as short
Kalshi KXNEARPERP	+0.0233%	8h	4.3720	−0.189%	$646K	$22.6M	2.2x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3657	−0.334%	$415K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0308%	8h	4.3790	−0.030%	$2.9M	$5.5M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0191%	1h	4.3744	−0.135%	$232K	—	100x	as long as short
SoDEX NEAR-USD	+0.0412%	1h	4.3745	−0.132%	$8K	$52K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0508%	1h	4.3814	+0.025%	$1.3M	$6.4M	20x	as long as short
01 Exchange NEARUSDlong	+0.0528%	1h	4.3803	long leg	$13K	$7K	10x
Extended NEAR-USD	+0.0616%	1h	4.3719	−0.192%	$3.9M	$19.7M	25x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3790	−0.030%	$215K	$1.6M	10x	as long as short
Hyperliquid NEAR	+0.0640%	1h	4.3808	+0.011%	$360.9M	$317.1M	10x	as long as short
Nado NEAR-PERP	+0.0659%	1h	4.3735	−0.155%	$1.9M	$3.1M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0704%	1h	4.3769	−0.078%	$7.8M	$39.8M	50x	as long as short
Phoenix NEAR	+0.0794%	1h	4.3982	+0.409%	$1.8M	$2.8M	10x	as long as short
Lighter RH NEAR	+0.0928%	1h	4.3806	+0.007%	$1.6M	$7.2M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1145%	1h	4.3786	−0.039%	$2.0M	$7.7M	25x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3798	−0.012%	$600K	$1.4M	10x	as long as short
Lighter NEAR	+0.1480%	1h	4.3842	+0.090%	$17.7M	$24.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.1611%	1h	4.3815	+0.029%	$5K	$12K	10x	as long as short