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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against Bybit+0.136%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$330.328% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 7 days−0.108%−$11 · spread now +0.136%, 7d avg +0.032%
Together, before fees−0.087%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.104% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEARUSDT4.41000.0100pay 0.0100% / 8h4h 13m$222.1M$424.1M75x
ShortBinance NEARUSDT4.41600.0100get 0.0100% / 8h4h 13m$271.6M$1.10B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$0
Price spread: +0.136% → +0.032%
$10.39
Slippage, 4 orders
−$11.76
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$22.38
Costs to cover
0.328%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 16 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 Bybit live order book, 1 min ago1.13 bp7.7 bp −$815.2 bp −$15234.8 bp −$3,481124.7 bp −$62.3K
Sell Binance live order book, 16 min ago1.14 bp8.2 bp −$812.4 bp −$12434.2 bp −$3,422105.8 bp −$52.9K

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%1h4.4160+0.136%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4141+0.093%$2.2M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4210+0.249%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4187+0.197%$620K$22.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4168+0.154%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.100%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4190+0.204%$113K$518K50xas long as short
Pacifica NEAR+0.0100%1h4.4202+0.232%$420K$1.2M10xas long as short
Binance NEARUSDTshort+0.0100%8h4.4160+0.136%$271.6M$1.10B75x
Bybit NEARUSDTlong+0.0100%8h4.4100long leg$222.1M$424.1M75x
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.41000.000%$63.0M$298.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4054−0.104%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4177+0.175%$32.2M$64.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4200+0.227%$75.0M$150.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4220+0.272%$55.0M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4138+0.086%$72.5M$130.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4180+0.181%$147.2Mas long as short
Variational Omni NEAR+0.0100%8h4.4137+0.085%$8.6M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.4159+0.134%$265K$980K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4070−0.068%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4090−0.023%$170K$801K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4219+0.270%$244K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4186+0.195%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4340+0.544%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4240+0.317%$458K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4170+0.159%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4205+0.238%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4185+0.193%$205K$40K3xas long as short
SoDEX NEAR-USD+0.0172%1h4.4145+0.102%$8K$52K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4170+0.159%$13.8M$32.8M75xas long as short
Aster NEARUSDT+0.0307%8h4.4200+0.227%$3.0M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0321% / S −0.0190%1h4.4167+0.153%$234K100xas long as short
Backpack NEAR_USDC_PERP+0.0331%1h4.4089−0.025%$1.3M$6.5M20xas long as short
01 Exchange NEARUSD+0.0344%1h4.4249+0.338%$13K$7K10xas long as short
Hyperliquid NEAR+0.0374%1h4.4257+0.356%$365.1M$324.9M10xas long as short
Extended NEAR-USD+0.0432%1h4.4124+0.055%$3.9M$19.7M25xas long as short
Nado NEAR-PERP+0.0549%1h4.4197+0.221%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4250+0.340%$218K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0588%1h4.4160+0.137%$8.1M$39.7M50xas long as short
Lighter RH NEAR+0.0680%1h4.4194+0.213%$1.5M$7.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0747%1h4.4186+0.195%$2.0M$7.3M25xas long as short
Phoenix NEAR+0.0794%1h4.4173+0.166%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.4253+0.347%$592K$1.4M10xas long as short
Lighter NEAR+0.0968%1h4.4225+0.284%$17.8M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1574%1h4.4205+0.239%$5K$12K10xas long as short