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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h −0.066%
Price spread now: Coinbase International against 01 Exchange+0.206%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.206% dearer against 01 Exchange than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange NEARUSD4.36540.0312pay 0.0039% / 1h52m 45s$13K$7K10x
ShortCoinbase International NEAR-PERP-INTX4.37440.0488get 0.0061% / 1h52m 45s$2.3M$17.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$36.96
Price spread: +0.206% → 0.000%
$20.62
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$40.58
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Coinbase International live order book, 1 min ago8.01 bp13.2 bp −$1320.3 bp −$203doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0433%1h4.3635−0.043%$7.2M$38.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3629−0.056%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3616−0.086%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3618−0.082%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.140%$578$301K12xas long as short
Phemex NEARUSDT+0.0085%8h4.3650−0.009%$3.5M$8.2M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3650−0.009%$119K$500K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3610−0.101%$220.0M$429.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3610−0.101%$61.6M$296.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3650−0.009%$229K$1.5M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk NEAR-USD+0.0100%1h4.3688+0.078%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.3643−0.025%$36.2M$61.6M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3650−0.009%$52.9M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3604−0.115%$72.1M$127.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.3578−0.175%$8.9M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.3594−0.137%$253K$893K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3697+0.098%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3570−0.192%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3650−0.009%$272K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3666+0.027%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3700+0.105%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3645−0.021%$5K$50K10xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3628−0.059%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3633−0.048%$3.6M$16.2M25xas long as short
Aevo NEAR-PERP+0.0112%1h4.3640−0.032%$203K$40K3xas long as short
MEXC NEAR_USDT+0.0132%8h4.3670+0.037%$90.3M$152.8M200xas long as short
Binance NEARUSDT+0.0132%8h4.3655+0.003%$263.5M$1.09B75xas long as short
BingX NEAR-USDC+0.0144%8h4.3630−0.055%$6.6Mas long as short
Kalshi KXNEARPERP+0.0159%8h4.3667+0.030%$918K$25.1M2.2xas long as short
Hyperliquid NEAR+0.0175%1h4.3644−0.023%$351.8M$316.4M10xas long as short
Aster NEARUSDT+0.0209%8h4.3654+0.001%$2.7M$4.8M50xas long as short
BloFin NEAR-USDT+0.0252%8h4.3650−0.009%$13.4M$32.2M75xas long as short
01 Exchange NEARUSDlong+0.0312%1h4.3654long leg$13K$7K10x
Nado NEAR-PERP+0.0331%1h4.3643−0.024%$1.7M$3.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0345% / S −0.0246%1h4.3640−0.032%$255K100xas long as short
Lighter RH NEAR+0.0376%1h4.3707+0.121%$1.5M$6.4M10xas long as short
HTX NEAR-USDT+0.0430%8h4.3760+0.243%$463K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTXshort+0.0488%1h4.3744+0.206%$2.3M$17.1M50x
Backpack NEAR_USDC_PERP+0.0551%1h4.3690+0.082%$1.1M$7.2M20xas long as short
Lighter NEAR+0.0648%1h4.3705+0.117%$17.2M$23.8M15xas long as short
RISEx NEAR/USDC+0.0656%1h4.3646−0.018%$594K$1.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0689%1h4.3689+0.080%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.0701%1h4.3636−0.041%$411K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3754+0.229%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1095%1h4.3680+0.060%$5K$7K10xas long as short