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−0.0234%/8h= −25.6% APRpaid last 24h −0.036%
Price spread now: Bulk against BloFin−0.207%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$500.496% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.132%−$13 on $10k
Price spread, last 4 days (all we have)−0.206%−$21 · spread now −0.207%, 7d avg −0.013%
Together, before fees−0.338%−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bulk is 0.194% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.32400.0334pay 0.0334% / 8h56m 06s$13.5M$32.0M75x
ShortBulk NEAR-USD4.31500.0100get 0.0013% / 1h56m 06s$246K−$010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
−$49.11
Price spread: −0.207% → −0.013%
−$19.4
Slippage, 4 orders
−$30.59
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$118.1
Costs to cover
0.496%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Bulk: live order book, 48 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 ago3.48 bp9.5 bp −$912.2 bp −$12229.3 bp −$2,93571.0 bp −$35.5K
Sell Bulk live order book, 48 min ago11.15 bp14.6 bp −$1514.6 bp −$14616.4 bp −$1,64440.5 bp −$20.2K

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%1h4.3190−0.116%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3189−0.117%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3178−0.144%$162K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3183−0.131%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.232%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.32400.000%$105K$492K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3223−0.039%$218.5M$431.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3220−0.046%$60.8M$291.1M50xas long as short
Bulk NEAR-USDshort+0.0100%1h4.3150−0.207%$246K−$010x
Gate NEAR_USDT+0.0100%8h4.3203−0.086%$35.2M$61.6M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3230−0.023%$52.3M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3218−0.051%$71.5M$128.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.3137−0.237%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3174−0.154%$250K$896K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3153−0.200%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3150−0.208%$163K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3248+0.019%$279K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3214−0.060%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3290+0.116%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3210−0.069%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3320+0.185%$458K$3.8M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3250+0.023%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3187−0.123%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3196−0.101%$3.6M$17.7M25xas long as short
Aevo NEAR-PERP+0.0136%1h4.32400.000%$201K$38K3xas long as short
BingX NEAR-USDC+0.0203%8h4.3230−0.023%$6.7Mas long as short
Kalshi KXNEARPERP+0.0206%8h4.3226−0.032%$937K$25.1M2.2xas long as short
MEXC NEAR_USDT+0.0213%8h4.32400.000%$76.8M$148.0M200xas long as short
Binance NEARUSDT+0.0215%8h4.3245+0.011%$262.8M$1.09B75xas long as short
Aster NEARUSDT+0.0243%8h4.3220−0.046%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0201%1h4.3187−0.124%$231K100xas long as short
BloFin NEAR-USDTlong+0.0334%8h4.3240long leg$13.5M$32.0M75x
01 Exchange NEARUSD+0.0384%1h4.3252+0.028%$13K$7K10xas long as short
Nado NEAR-PERP+0.0405%1h4.3200−0.093%$1.6M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0407%1h4.3242+0.005%$1.3M$7.0M20xas long as short
Hyperliquid NEAR+0.0460%1h4.3267+0.062%$351.3M$315.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3230−0.023%$2.3M$16.6M50xas long as short
Arcus NEAR-USD+0.0638%1h4.3250+0.023%$228K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0676%1h4.3226−0.032%$1.9M$13.0M25xas long as short
Lighter RH NEAR+0.0728%1h4.3279+0.090%$1.5M$6.6M10xas long as short
Lighter NEAR+0.0768%1h4.3273+0.075%$17.0M$24.9M15xas long as short
Pacifica NEAR+0.0949%1h4.3202−0.088%$407K$1.5M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3245+0.012%$650K$1.4M10xas long as short
Phoenix NEAR+0.1003%1h4.3206−0.079%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1279%1h4.3248+0.019%$5K$12K10xas long as short