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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0276%/8h= +30.2% APRnext payment +$0.34 per $10,000 · paid last 24h +0.007%
Price spread now: 01 Exchange against Bulk+0.689%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and 01 Exchange is 0.689% dearer against Bulk than usual: you sell high and buy low: +$69 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk NEAR-USD4.44700.0100pay 0.0013% / 1h3m 12s$253K−$010x
Short01 Exchange NEARUSD4.47760.0376get 0.0047% / 1h3m 12s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Bulk. 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
$57.96
Price spread: +0.689% → 0.000%
$68.88
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$112.84
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Bulk: live order book, 61 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bulk live order book, 61 min ago11.45 bp15.0 bp −$1515.0 bp −$15026.3 bp −$2,62854.7 bp −$27.4K
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.4750+0.630%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.4728+0.581%$2.2M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4719+0.561%$110K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4708+0.536%$543K$21.9M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4760+0.652%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.880%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4750+0.630%$116K$516K50xas long as short
Pacifica NEAR+0.0100%1h4.4737+0.601%$427K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4729+0.582%$274.5M$1.12B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4680+0.473%$223.5M$429.2M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4690+0.495%$63.7M$306.5M50xas long as short
Bulk NEAR-USDlong+0.0100%1h4.4470long leg$253K−$010x
Gate NEAR_USDT+0.0100%8h4.4769+0.673%$32.5M$65.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4790+0.720%$75.9M$150.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4800+0.743%$55.5M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4724+0.572%$73.6M$131.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4750+0.630%$147.2Mas long as short
Variational Omni NEAR+0.0100%8h4.4486+0.037%$8.6M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4501+0.071%$267K$977K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4479+0.021%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4460−0.022%$171K$797K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4777+0.691%$250K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4721+0.565%$57K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4830+0.810%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4710+0.540%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4730+0.585%$460K$4.1M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4670+0.450%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4691+0.498%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4731+0.588%$208K$40K3xas long as short
Extended NEAR-USD+0.0208%1h4.4674+0.459%$4.0M$19.5M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.4680+0.473%$14.4M$33.6M75xas long as short
Aster NEARUSDT+0.0286%8h4.4754+0.639%$3.1M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0354% / S −0.0235%1h4.4756+0.644%$268K100xas long as short
01 Exchange NEARUSDshort+0.0376%1h4.4776+0.689%$13K$7K10x
Arcus NEAR-USD+0.0410%1h4.4810+0.765%$216K$1.8M10xas long as short
Nado NEAR-PERP+0.0470%1h4.4736+0.598%$1.9M$3.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0533%1h4.4760+0.653%$2.0M$4.5M25xas long as short
Backpack NEAR_USDC_PERP+0.0533%1h4.4588+0.266%$1.4M$6.7M20xas long as short
Kraken Futures PF_NEARUSD+0.0690%1h4.4674+0.460%$8.3M$41.3M50xas long as short
Lighter RH NEAR+0.0704%1h4.4744+0.617%$1.6M$7.2M10xas long as short
Hyperliquid NEAR+0.0767%1h4.4817+0.781%$372.9M$326.6M10xas long as short
Phoenix NEAR+0.0855%1h4.4578+0.244%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.4777+0.692%$574K$1.4M10xas long as short
Lighter NEAR+0.1120%1h4.4754+0.639%$18.0M$27.1M15xas long as short
Aftermath Perps NEARUSD+0.1611%1h4.4908+0.986%$6K$12K10xas long as short