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+0.0002%/8h= +0.3% APRpaid last 24h +0.155%
Price spread now: HTX against Coinbase International+0.045%7-day average +0.261% · you sell dearer than you buy
Net, funding: paid 7d − costs+$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$640.637% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.789%+$79 on $10k
Price spread, last 4 days (all we have)+0.332%+$33 · spread now +0.045%, 7d avg +0.261%
Together, before fees+1.122%+$112 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: HTX is 0.216% cheaper against Coinbase International than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.261%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NEAR-PERP-INTX4.43200.0488pay 0.0061% / 1h20m 25s$2.3M$17.4M50x
ShortHTX NEAR-USDT4.43400.0490get 0.0490% / 8h7h 20m$468K$3.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Coinbase International. 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
$0.5
Price spread: +0.045% → +0.261%
−$21.63
Slippage, 4 orders
−$41.73
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$84.85
Costs to cover
0.637%
Break-even
1184.8 days
Slippage from Coinbase International: live order book, 4 min ago; HTX: live order book, 3 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 Coinbase International live order book, 4 min ago4.87 bp16.3 bp −$1623.9 bp −$239doesn't fitdoesn't fit
Sell HTX live order book, 3 min ago6.78 bp15.6 bp −$1668.5 bp −$685doesn'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
Kraken Futures PF_NEARUSD−0.0427%1h4.4269−0.116%$7.3M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4589+0.606%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4489+0.381%$109K$65K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4211−0.246%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.566%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4520+0.451%$123K$501K50xas long as short
Aster NEARUSDT+0.0100%8h4.4487+0.377%$2.7M$4.6M50xas long as short
Binance NEARUSDT+0.0100%8h4.4510+0.429%$268.3M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4504+0.415%$224.5M$426.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4560+0.542%$62.7M$300.1M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.4520+0.451%$225K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3750−1.286%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4503+0.413%$37.5M$62.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4610+0.654%$91.6M$160.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4530+0.474%$53.4M$45.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4580+0.587%$73.7M$127.4M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4490+0.384%$83.3Mas long as short
Variational Omni NEAR+0.0100%8h4.4199−0.274%$9.2M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.4218−0.231%$256K$894K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4259−0.138%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4220−0.226%$166K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4575+0.575%$278K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4280−0.090%$57K$238K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4290−0.068%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4270−0.113%$5K$49K10xas long as short
Phemex NEARUSDT+0.0100%8h4.4260−0.135%$3.5M$7.7M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.4490+0.384%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.4462+0.320%$3.7M$15.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4285−0.079%$206K$38K3xas long as short
Kalshi KXNEARPERP+0.0137%8h4.4246−0.167%$875K$25.5M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.4310−0.023%$12.7M$32.6M75xas long as short
Nado NEAR-PERP+0.0230%1h4.4190−0.293%$1.7M$3.2M10xas long as short
Hyperliquid NEAR+0.0287%1h4.4572+0.569%$362.2M$316.2M10xas long as short
01 Exchange NEARUSD+0.0320%1h4.4541+0.499%$13K$6K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0356% / S −0.0259%1h4.4261−0.132%$260K100xas long as short
Lighter RH NEAR+0.0440%1h4.4565+0.553%$1.5M$6.5M10xas long as short
Lighter NEAR+0.0480%1h4.4440+0.270%$17.5M$24.0M15xas long as short
Coinbase International NEAR-PERP-INTXlong+0.0488%1h4.4320long leg$2.3M$17.4M50x
HTX NEAR-USDTshort+0.0490%8h4.4340+0.045%$468K$3.7M75x
Backpack NEAR_USDC_PERP+0.0542%1h4.4310−0.023%$1.1M$7.1M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.4622+0.680%$603K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.4485+0.373%$419K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.4057−0.593%$1.8M$2.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0767%1h4.4301−0.043%$1.9M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1016%1h4.4034−0.646%$6K$7K10xas long as short