Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Aevo against Bitget+0.021%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1201.205% of the position

Long on Bitget Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 3 days (all we have)+0.135%+$14 · spread now +0.021%, 7d avg +0.024%

Together, before fees+0.196%+$20 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NEARUSDT	4.2755	0.0100	pay 0.0100% / 8h	7h 27m	$70.8M	$124.2M	75x
Short	Aevo NEAR-PERP	4.2764	0.0104	get 0.0013% / 1h	27m 05s	$199K	$28K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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 BitgetbpFee AevobpOrdersPrice spread, now +0.021%Rate

Funding earned: $0.84
Price spread: +0.021% → +0.024%: −$0.33
Slippage, 4 orders: −$92.5
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$119.99
Costs to cover: 1.205%
Break-even: 1006.9 days

Slippage from Bitget: live order book, 2 min ago; Aevo: live order book, 47 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 Bitget live order book, 2 min ago	0.47 bp	8.7 bp −$9	12.4 bp −$124	42.5 bp −$4,252	doesn't fit
Sell Aevo live order book, 47 min ago	42.17 bp	50.2 bp −$50	doesn't fit	doesn't fit	doesn't fit

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	4.2749	−0.013%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0132%	1h	4.2773	+0.043%	$7.2M	$37.3M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.2797	+0.098%	$2.2M	$12.9M	50x	as long as short
01 Exchange NEARUSD	−0.0024%	1h	4.2827	+0.168%	$13K	$7K	10x	as long as short
Variational Omni NEAR	−0.0005%	8h	4.2608	−0.343%	$8.0M	$18.7M	—	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2810	+0.128%	$111K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2829	+0.173%	$401K	$18.5M	2.2x	as long as short
Bybit NEARUSDT	+0.0003%	8h	4.2723	−0.075%	$216.0M	$415.8M	75x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2772	+0.039%	$203K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.146%	$578	$302K	12x	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	+0.0061%	8h	4.2761	+0.014%	$30.7M	$59.5M	75x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2830	+0.175%	$114K	$482K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.2775	+0.047%	$57K	$191K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0099%	8h	4.2806	+0.120%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2833	+0.183%	$2.9M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2808	+0.123%	$396K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2790	+0.082%	$253.3M	$1.06B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2740	−0.035%	$60.1M	$277.7M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2840	+0.199%	$196K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2789	+0.080%	$244K	−$0	10x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2750	−0.012%	$76.6M	$140.4M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2800	+0.105%	$56.2M	$42.8M	75x	as long as short
Bitget NEARUSDTlong	+0.0100%	8h	4.2755	long leg	$70.8M	$124.2M	75x
BingX NEAR-USDT	+0.0100%	8h	4.2760	+0.012%	—	$141.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2763	+0.018%	$255K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2603	−0.356%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2810	+0.129%	$179K	$782K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2824	+0.161%	$206K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2830	+0.175%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2780	+0.058%	$5K	$52K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.2890	+0.316%	$457K	$3.6M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2750	−0.012%	$3.8M	$8.5M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2747	−0.018%	$3.8M	$16.9M	25x	as long as short
Aevo NEAR-PERPshort	+0.0104%	1h	4.2764	+0.021%	$199K	$28K	3x
Deribit NEAR_USDC-PERPETUAL	+0.0124%	1h	4.2786	+0.073%	$1.9M	$3.4M	25x	as long as short
Hyperliquid NEAR	+0.0150%	1h	4.2815	+0.140%	$359.1M	$305.0M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2770	+0.035%	$12.9M	$28.1M	75x	as long as short
Lighter RH NEAR	+0.0368%	1h	4.2809	+0.126%	$1.6M	$6.9M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0372% / S −0.0306%	1h	4.2763	+0.019%	$272K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0416%	1h	4.2801	+0.108%	$1.3M	$5.9M	20x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.2848	+0.217%	$406K	$1.2M	10x	as long as short
Nado NEAR-PERP	+0.0472%	1h	4.2763	+0.018%	$1.9M	$3.2M	10x	as long as short
Phoenix NEAR	+0.0499%	1h	4.2669	−0.201%	$1.8M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.1305%	1h	4.2691	−0.151%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1888%	1h	4.2890	+0.315%	$17.1M	$24.3M	15x	as long as short