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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.011%
Price spread now: BingX against Extended+0.010%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$270.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 7 days−0.024%−$2 · spread now +0.010%, 7d avg +0.048%
Together, before fees−0.101%+ Points / potential airdropExtended: Active · farm board−$10 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: BingX is 0.038% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.50550.0104pay 0.0013% / 1h4m 22s$3.7M$15.0M25x
ShortBingX NEAR-USDT4.50600.0100get 0.0100% / 8h5h 04m$74.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
−$0.84
Price spread: +0.010% → +0.048%
−$3.8
Slippage, 4 orders
−$11.57
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$31.22
Costs to cover
0.266%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; BingX: live order book, 13 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 Extended live order book, 3 min ago2.12 bp4.8 bp −$59.3 bp −$93607.0 bp −$60.7Kdoesn't fit
Sell BingX live order book, 13 min ago1.12 bp7.1 bp −$79.5 bp −$9516.6 bp −$1,65744.2 bp −$22.1K

NEAR on 45 exchanges

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−0.0235%1h4.4979−0.170%$7.3M$37.0M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4843−0.471%$2K20xas long as short
Kalshi KXNEARPERP0.0000%8h4.4928−0.283%$931K$26.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5035−0.044%$169K150xas long as short
dYdX NEAR-USD+0.0022%1h4.4867−0.418%$110K$53K10xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.091%$578$301K12xas long as short
01 Exchange NEARUSD+0.0080%1h4.5077+0.048%$13K$4K10xas long as short
Lighter NEAR+0.0096%1h4.5045−0.023%$17.1M$25.2M15xas long as short
Popdex NEARUSDT+0.0096%1h4.5060+0.010%$124K$505K50xas long as short
Aster NEARUSDT+0.0100%8h4.5062+0.015%$2.7M$4.8M50xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.5079+0.053%$271.8M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5055−0.001%$231.4M$430.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.5050−0.012%$64.3M$302.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4850−0.456%$276K$24K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5042−0.030%$41.1M$63.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5070+0.033%$72.5M$171.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5080+0.055%$54.2M$44.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5041−0.032%$75.0M$127.6M75xas long as short
BingX NEAR-USDTshort+0.0100%8h4.5060+0.010%$74.7M
Variational Omni NEAR+0.0100%8h4.4853−0.449%$8.8M$16.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.4891−0.365%$266K$863K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4890−0.367%$1.5M$1.8M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4850−0.456%$168K$808K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5068+0.028%$192K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5061+0.013%$56K$273K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4980−0.167%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4985−0.156%$5K$34K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5010−0.101%$471K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4990−0.145%$3.4M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.5024−0.071%$33K$38910xas long as short
Hyperliquid NEAR+0.0102%1h4.5092+0.081%$362.3M$312.1M10xas long as short
Extended NEAR-USDlong+0.0104%1h4.5055long leg$3.7M$15.0M25x
Aevo NEAR-PERP+0.0104%1h4.5045−0.023%$209K$38K3xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0191% / S −0.0033%1h4.4849−0.459%$241K100xas long as short
BloFin NEAR-USDT+0.0220%8h4.5030−0.056%$12.7M$32.7M75xas long as short
Lighter RH NEAR+0.0232%1h4.5056+0.001%$1.6M$6.0M10xas long as short
Nado NEAR-PERP+0.0266%1h4.5070+0.033%$1.8M$3.1M10xas long as short
Arcus NEAR-USD+0.0343%1h4.5100+0.099%$228K$1.4M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.5066+0.023%$651K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.5044−0.025%$2.4M$17.6M50xas long as short
Backpack NEAR_USDC_PERP+0.0553%1h4.5034−0.047%$1.1M$7.1M20xas long as short
Phoenix NEAR+0.0741%1h4.4988−0.149%$1.7M$2.7M10xas long as short
Pacifica NEAR+0.0851%1h4.5016−0.088%$425K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.0896%1h4.4885−0.379%$6K$6K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1085%1h4.5006−0.110%$1.9M$13.0M25xas long as short