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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against Bybit+0.040%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$220.218% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 7 days−0.026%−$3 · spread now +0.040%, 7d avg +0.023%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEARUSDT4.25030.0050pay 0.0050% / 8h14m 06s$216.4M$422.5M75x
ShortMEXC NEAR_USDT4.25200.0100get 0.0100% / 8h14m 06s$77.5M$142.4M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$10.52
Price spread: +0.040% → +0.023%
$1.7
Slippage, 4 orders
−$10.76
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
−$9.54
Costs to cover
0.218%
Break-even
13.3 days
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago1.17 bp7.3 bp −$712.2 bp −$12232.8 bp −$3,278157.8 bp −$78.9K
Sell MEXC live order book, 5 min ago1.17 bp2.8 bp −$35.1 bp −$5119.5 bp −$1,95266.2 bp −$33.1K

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%1h4.2462−0.097%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2495−0.019%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2530+0.064%$110K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2676+0.407%$363K$18.7M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2526+0.054%$202K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−2.572%$578$302K12xas long as short
Variational Omni NEAR+0.0047%8h4.2759+0.602%$7.9M$18.5Mas long as short
Bybit NEARUSDTlong+0.0050%8h4.2503long leg$216.4M$422.5M75x
01 Exchange NEARUSD+0.0072%1h4.25030.000%$12K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2490−0.031%$109K$496K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0100%8h4.2540+0.087%$56K$194K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2535+0.074%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2554+0.120%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2532+0.068%$398K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2540+0.087%$251.9M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2530+0.064%$60.4M$285.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2510+0.016%$195K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2950+1.052%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2521+0.042%$30.4M$60.1M75xas long as short
MEXC NEAR_USDTshort+0.0100%8h4.2520+0.040%$77.5M$142.4M200x
KuCoin NEARUSDTM+0.0100%8h4.2540+0.087%$55.5M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2530+0.064%$70.6M$126.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2520+0.040%$140.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.2754+0.590%$244K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2783+0.658%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2750+0.581%$179K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2502−0.002%$196K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2550+0.111%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2515+0.028%$4K$54K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2530+0.064%$3.8M$8.6M50xas long as short
Extended NEAR-USD+0.0104%1h4.2516+0.030%$3.9M$16.2M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2525+0.052%$201K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2549+0.109%$7.6M$37.6M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0126%1h4.2561+0.136%$1.9M$2.5M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.2680+0.416%$13.0M$29.3M75xas long as short
Lighter RH NEAR+0.0320%1h4.2596+0.219%$1.5M$7.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0375% / S −0.0314%1h4.2519+0.038%$273K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2531+0.066%$417K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0442%1h4.2575+0.169%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2892+0.915%$1.8M$2.7M10xas long as short
Hyperliquid NEAR+0.0671%1h4.2591+0.207%$363.5M$300.6M10xas long as short
Nado NEAR-PERP+0.0688%1h4.2485−0.042%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0777%8h4.2570+0.158%$456K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1139%1h4.2737+0.550%$5K$12K10xas long as short
Lighter NEAR+0.1688%1h4.2635+0.310%$16.5M$24.1M15xas long as short