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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Bitget against BloFin+0.100%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$340.341% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.256%−$26 on $10k
Price spread, last 3 days (all we have)−0.272%−$27 · spread now +0.100%, 7d avg −0.022%
Together, before fees−0.528%−$53 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.122% dearer against BloFin than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.022%): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.28900.0220pay 0.0220% / 8h7h 00m$13.1M$27.5M75x
ShortBitget NEARUSDT4.29330.0100get 0.0100% / 8h7h 00m$71.0M$122.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$25.2
Price spread: +0.100% → −0.022%
$12.2
Slippage, 4 orders
−$10.12
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$47.12
Costs to cover
0.341%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 3 min ago1.16 bp7.2 bp −$713.9 bp −$13950.7 bp −$5,065125.5 bp −$62.7K
Sell Bitget live order book, 3 min ago1.39 bp9.8 bp −$1016.1 bp −$16129.5 bp −$2,955doesn't fit

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%1h4.2973+0.194%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.2897+0.016%$7.9M$38.0M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2854−0.084%$2.1M$13.1M50xas long as short
Kalshi KXNEARPERP0.0000%8h4.2977+0.203%$379K$18.8M2.2xas long as short
dYdX NEAR-USD+0.0004%1h4.2931+0.097%$111K$64K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2982+0.215%$157K150xas long as short
Variational Omni NEAR+0.0016%8h4.2957+0.157%$8.2M$18.8Mas long as short
Phemex NEARUSDT+0.0018%8h4.2910+0.047%$3.8M$8.4M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.451%$578$302K12xas long as short
01 Exchange NEARUSD+0.0056%1h4.3120+0.536%$13K$7K10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.3070+0.420%$115K$473K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.2978+0.205%$57K$162K20xas long as short
Aster NEARUSDT+0.0100%8h4.2955+0.153%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.2969+0.184%$400K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2958+0.158%$256.5M$1.05B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2940+0.117%$218.9M$416.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2960+0.163%$60.7M$275.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3110+0.513%$204K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3243+0.822%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2914+0.056%$30.7M$61.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2940+0.117%$73.3M$142.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2950+0.140%$55.6M$42.6M75xas long as short
Bitget NEARUSDTshort+0.0100%8h4.2933+0.100%$71.0M$122.5M75x
BingX NEAR-USDT+0.0100%8h4.2910+0.047%$141.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3202+0.727%$257K$1.1M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3356+1.086%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3200+0.723%$177K$777K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3074+0.429%$203K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2980+0.210%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2900+0.023%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2980+0.210%$453K$3.6M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2942+0.120%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.2886−0.010%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2952+0.145%$200K$31K3xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0216%1h4.2981+0.212%$1.9M$3.9M25xas long as short
BloFin NEAR-USDTlong+0.0220%8h4.2890long leg$13.1M$27.5M75x
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0308%1h4.2968+0.182%$275K100xas long as short
Nado NEAR-PERP+0.0426%1h4.3034+0.337%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3122+0.541%$410K$1.2M10xas long as short
Hyperliquid NEAR+0.0468%1h4.3013+0.287%$364.5M$302.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0494%1h4.2955+0.152%$1.3M$5.9M20xas long as short
Phoenix NEAR+0.0499%1h4.3191+0.702%$1.8M$2.7M10xas long as short
Lighter RH NEAR+0.0520%1h4.3011+0.282%$1.6M$7.0M10xas long as short
Aftermath Perps NEARUSD+0.1478%1h4.3199+0.721%$5K$12K10xas long as short
Lighter NEAR+0.1760%1h4.3090+0.465%$17.2M$24.8M15xas long as short