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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h −0.004%
Price spread now: Lighter RH against BloFin+0.214%61s7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.207%+$21 on $10k
Price spread, last 3 days (all we have)+0.011%+$1 · spread now +0.214%, 7d avg +0.144%
Together, before fees+0.218%+ Points / potential airdropLighter RH: Points live · farm board+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.070% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.144%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.29700.0220pay 0.0220% / 8h7h 46m$13.1M$29.1M75x
ShortLighter RH NEAR4.30620.0304get 0.0038% / 1h46m 07s$1.6M$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
$17.64
Price spread: +0.214% → +0.144%
$7
Slippage, 4 orders
−$23.24
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$10.6
Costs to cover
0.352%
Break-even
11.2 days
Slippage from BloFin: live order book, 3 min ago; Lighter RH: live order book, 2 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 ago2.32 bp14.1 bp −$1418.2 bp −$18242.0 bp −$4,197105.8 bp −$52.9K
Sell Lighter RH live order book, 2 min ago1.98 bp3.2 bp −$39.4 bp −$94doesn't fitdoesn'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%1h4.2927−0.100%$2K20xas long as short
Bybit NEARUSDT−0.0170%8h4.2774−0.456%$218.3M$418.8M75xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.3043+0.170%$7.6M$37.1M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2960−0.023%$2.3M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2954−0.038%$111K$64K10xas long as short
01 Exchange NEARUSD0.0000%1h4.3001+0.072%$13K$7K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2913−0.133%$377K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2992+0.051%$204K150xas long as short
Variational Omni NEAR+0.0008%8h4.2958−0.027%$8.0M$18.7Mas long as short
Gate NEAR_USDT+0.0033%8h4.2911−0.137%$30.9M$58.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.630%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3000+0.070%$112K$478K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3056+0.200%$57K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3031+0.143%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.3016+0.106%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2950−0.046%$402K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2882−0.204%$254.8M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2770−0.465%$61.0M$278.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3030+0.140%$197K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3050+0.186%$245K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.2920−0.116%$79.6M$138.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2940−0.070%$56.2M$43.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2839−0.305%$71.1M$124.8M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2900−0.163%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3101+0.305%$277K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3108+0.321%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3120+0.349%$180K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2974+0.009%$193K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3100+0.303%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3010+0.093%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3100+0.303%$458K$3.6M75xas long as short
Phemex NEARUSDT+0.0100%8h4.29700.000%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.3024+0.126%$3.9M$16.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3043+0.169%$200K$28K3xas long as short
BloFin NEAR-USDTlong+0.0220%8h4.2970long leg$13.1M$29.1M75x
Hyperliquid NEAR+0.0280%1h4.29700.000%$366.3M$300.2M10xas long as short
Lighter RH NEARshort+0.0304%1h4.3062+0.214%$1.6M$6.9M10x
Deribit NEAR_USDC-PERPETUAL+0.0354%1h4.3076+0.247%$1.9M$3.0M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0314%1h4.2985+0.035%$275K100xas long as short
RISEx NEAR/USDC+0.0428%1h4.3020+0.115%$409K$1.2M10xas long as short
Nado NEAR-PERP+0.0448%1h4.2943−0.063%$1.9M$3.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0468%1h4.2967−0.007%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0499%1h4.3171+0.468%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1279%1h4.3056+0.200%$5K$12K10xas long as short
Lighter NEAR+0.2176%1h4.3134+0.381%$17.2M$23.9M15xas long as short