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 −0.015%
Price spread now: Gate against Extended−0.018%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.018%, 7d avg +0.046%
Together, before fees−0.020%+ Points / potential airdropExtended: Active · farm board−$2 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: Gate is 0.065% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.49150.0104pay 0.0013% / 1h47m 44s$3.8M$15.0M25x
ShortGate NEAR_USDT4.49070.0100get 0.0100% / 8h5h 47m$39.9M$62.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.018% → +0.046%
−$6.45
Slippage, 4 orders
−$22.41
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$49.71
Costs to cover
0.424%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago2.00 bp4.9 bp −$510.5 bp −$105632.4 bp −$63.2Kdoesn't fit
Sell Gate live order book, 4 min ago1.78 bp16.5 bp −$1723.2 bp −$23238.0 bp −$3,79848.9 bp −$24.5K

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%1h4.4954+0.085%$7.4M$36.9M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4859−0.125%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4874−0.091%$110K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4988+0.162%$846K$26.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4976+0.135%$169K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.804%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4890−0.056%$123K$503K50xas long as short
Aster NEARUSDT+0.0100%8h4.4929+0.030%$2.6M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4903−0.027%$272.4M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.49150.000%$231.9M$427.6M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4900−0.034%$64.3M$298.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4950+0.078%$268K$12K10xas long as short
Gate NEAR_USDTshort+0.0100%8h4.4907−0.018%$39.9M$62.0M75x
MEXC NEAR_USDT+0.0100%8h4.4920+0.011%$77.4M$167.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4950+0.078%$53.4M$43.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4876−0.087%$74.4M$126.4M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4930+0.033%$76.7Mas long as short
Variational Omni NEAR+0.0100%8h4.4874−0.093%$8.9M$16.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4861−0.121%$265K$869K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4810−0.235%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4790−0.279%$167K$823K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4927+0.026%$279K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5000+0.189%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5010+0.211%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4985+0.155%$5K$39K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5000+0.189%$467K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4980+0.144%$3.4M$7.9M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4922+0.014%$33K$24510xas long as short
Extended NEAR-USDlong+0.0104%1h4.4915long leg$3.8M$15.0M25x
Aevo NEAR-PERP+0.0104%1h4.4975+0.133%$209K$38K3xas long as short
Nado NEAR-PERP+0.0199%1h4.4940+0.055%$1.8M$3.1M10xas long as short
Hyperliquid NEAR+0.0210%1h4.4936+0.046%$362.0M$314.7M10xas long as short
01 Exchange NEARUSD+0.0216%1h4.4907−0.018%$13K$4K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4820−0.212%$12.9M$32.5M75xas long as short
Lighter NEAR+0.0280%1h4.4919+0.009%$17.5M$23.3M15xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0226%1h4.4950+0.078%$263K100xas long as short
Arcus NEAR-USD+0.0343%1h4.4930+0.033%$227K$1.4M10xas long as short
Lighter RH NEAR+0.0368%1h4.4926+0.024%$1.6M$5.8M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.4907−0.017%$634K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.5027+0.249%$2.3M$17.6M50xas long as short
Backpack NEAR_USDC_PERP+0.0657%1h4.5008+0.207%$1.1M$7.1M20xas long as short
Phoenix NEAR+0.0741%1h4.4898−0.038%$1.7M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0839%1h4.5029+0.253%$1.9M$13.0M25xas long as short
Pacifica NEAR+0.0851%1h4.4884−0.069%$420K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1148%1h4.4893−0.049%$6K$6K10xas long as short