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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0108%/8h= −11.8% APRnext payment $0.13 per $10,000 · paid last 24h +0.080%
Price spread now: Kraken Futures against 01 Exchange−0.137%7-day average · you buy dearer than you sell
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 3 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.137% cheaper against 01 Exchange than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange NEARUSD4.2709−0.0024get 0.0003% / 1h30m 33s$13K$7K10x
ShortKraken Futures PF_NEARUSD4.2651−0.0132pay 0.0016% / 1h30m 33s$7.2M$37.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$22.66
Price spread: −0.137% → 0.000%
−$13.65
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$53.31
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Kraken Futures live order book, 4 min ago8.99 bp15.7 bp −$1624.2 bp −$24257.9 bp −$5,793doesn'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
Reya NEARRUSDPERP−0.0171%1h4.2733+0.056%$2K20xas long as short
Kraken Futures PF_NEARUSDshort−0.0132%1h4.2651−0.137%$7.2M$37.4M50x
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2418−0.681%$2.2M$12.8M50xas long as short
Bybit NEARUSDT−0.0067%8h4.2700−0.021%$215.5M$415.9M75xas long as short
01 Exchange NEARUSDlong−0.0024%1h4.2709long leg$13K$7K10x
Variational Omni NEAR−0.0005%8h4.2608−0.236%$8.0M$18.7Mas long as short
dYdX NEAR-USD0.0000%1h4.2632−0.179%$110K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2591−0.276%$425K$18.5M2.2xas long as short
Gate NEAR_USDT+0.0001%8h4.2666−0.101%$30.6M$59.3M75xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2651−0.136%$203K150xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.042%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2700−0.021%$112K$479K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.2659−0.117%$57K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0099%8h4.2641−0.158%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2694−0.036%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2651−0.135%$399K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2701−0.018%$253.1M$1.06B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2720+0.026%$59.9M$277.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2700−0.021%$196K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2709+0.001%$243K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.2660−0.115%$77.3M$140.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2650−0.138%$56.0M$42.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2746+0.087%$70.9M$124.5M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2680−0.068%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2143−1.326%$261K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2147−1.316%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2320−0.911%$177K$788K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2741+0.075%$204K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2670−0.091%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2640−0.162%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2720+0.026%$458K$3.6M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2650−0.138%$3.8M$8.6M50xas long as short
Extended NEAR-USD+0.0104%1h4.2669−0.095%$3.8M$16.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2640−0.162%$199K$28K3xas long as short
Hyperliquid NEAR+0.0152%1h4.2674−0.082%$357.5M$304.1M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2620−0.208%$12.9M$28.1M75xas long as short
Lighter RH NEAR+0.0352%1h4.2688−0.049%$1.6M$6.9M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0373% / S −0.0308%1h4.2637−0.168%$272K100xas long as short
Backpack NEAR_USDC_PERP+0.0393%1h4.2651−0.136%$1.4M$5.7M20xas long as short
RISEx NEAR/USDC+0.0428%1h4.2721+0.029%$405K$1.2M10xas long as short
Nado NEAR-PERP+0.0475%1h4.2727+0.042%$1.9M$3.2M10xas long as short
Phoenix NEAR+0.0499%1h4.2201−1.189%$1.7M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0547%1h4.2692−0.040%$1.9M$3.3M25xas long as short
Aftermath Perps NEARUSD+0.1322%1h4.2534−0.410%$5K$12K10xas long as short
Lighter NEAR+0.1904%1h4.2766+0.134%$17.1M$24.2M15xas long as short