Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Binance+0.001%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$470.468% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.001%, 7d avg −0.015%

Together, before fees−0.055%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NEARUSDT	4.4349	0.0100	pay 0.0100% / 8h	6h 18m	$268.9M	$1.08B	75x
Short	BingX NEAR-USDC	4.4350	0.0100	get 0.0100% / 8h	6h 18m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now +0.001%Rate

Funding earned: $0
Price spread: +0.001% → −0.015%: $1.63
Slippage, 4 orders: −$26.79
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$45.16
Costs to cover: 0.468%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; BingX: live order book, 4 min ago.

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 Binance live order book, 11 min ago	1.14 bp	7.5 bp −$8	11.6 bp −$116	31.0 bp −$3,100	113.3 bp −$56.6K
Sell BingX live order book, 4 min ago	2.24 bp	15.0 bp −$15	24.8 bp −$248	67.3 bp −$6,734	582.8 bp −$291.4K

NEAR on 44 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	4.4307	−0.096%	$2K	—	20x	as long as short
Phemex NEARUSDT	−0.0106%	8h	4.4480	+0.295%	$3.9M	$8.2M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.4544	+0.439%	$2.2M	$14.6M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4376	+0.060%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4546	+0.443%	$683K	$19.9M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.4490	+0.316%	$197K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.628%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0080%	8h	4.4757	+0.919%	$8.6M	$18.5M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4340	−0.021%	$112K	$493K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4402	+0.119%	$417K	$1.2M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDTlong	+0.0100%	8h	4.4349	long leg	$268.9M	$1.08B	75x
Bybit NEARUSDT	+0.0100%	8h	4.4319	−0.068%	$224.7M	$422.5M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4320	−0.066%	$63.4M	$292.0M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.4400	+0.114%	$211K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4050	−0.675%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4374	+0.056%	$32.0M	$62.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4380	+0.069%	$76.5M	$142.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4430	+0.182%	$54.6M	$43.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4313	−0.082%	$73.1M	$125.9M	75x	as long as short
BingX NEAR-USDCshort	+0.0100%	8h	4.4350	+0.001%	—	$6.6M	—
edgeX NEARUSDC	+0.0100%	4h	4.4700	+0.792%	$282K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4339	−0.023%	$1.5M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4720	+0.836%	$184K	$765K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4352	+0.006%	$206K	$3.6M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4464	+0.258%	$61K	$190K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4550	+0.452%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4495	+0.328%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4560	+0.475%	$461K	$3.9M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.4405	+0.125%	$32K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.4337	−0.029%	$3.8M	$18.5M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4500	+0.340%	$207K	$34K	3x	as long as short
Aster NEARUSDT	+0.0192%	8h	4.4510	+0.363%	$3.1M	$5.8M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0213%	1h	4.4523	+0.391%	$8.1M	$40.8M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0354% / S −0.0248%	1h	4.4484	+0.303%	$263K	—	100x	as long as short
Nado NEAR-PERP	+0.0378%	1h	4.4333	−0.036%	$1.9M	$3.1M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0380%	1h	4.4506	+0.353%	$1.9M	$4.2M	25x	as long as short
01 Exchange NEARUSD	+0.0424%	1h	4.4404	+0.123%	$13K	$7K	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.4397	+0.108%	$566K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.4597	+0.558%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0848%	1h	4.4438	+0.200%	$1.6M	$7.0M	10x	as long as short
Hyperliquid NEAR	+0.0915%	1h	4.4491	+0.319%	$376.0M	$308.1M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0957%	1h	4.4525	+0.396%	$1.4M	$6.3M	20x	as long as short
Aftermath Perps NEARUSD	+0.1566%	1h	4.4416	+0.151%	$6K	$12K	10x	as long as short
Lighter NEAR	+0.1736%	1h	4.4534	+0.416%	$17.8M	$25.6M	15x	as long as short