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+0.0016%/8h= +1.8% APRpaid last 24h +0.114%
Price spread now: HTX against Extended+0.354%7-day average +0.296% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$710.708% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.574%+$57 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.354%, 7d avg +0.296%
Together, before fees+0.562%+ Points / potential airdropExtended: Active · farm board+$56 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and HTX is 0.058% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.296%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.30870.0104pay 0.0013% / 1h32m 04s$3.6M$17.2M25x
ShortHTX NEAR-USDT4.32400.0120get 0.0120% / 8h32m 04s$461K$3.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$3.4
Price spread: +0.354% → +0.296%
$5.8
Slippage, 4 orders
−$53.81
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$61.61
Costs to cover
0.708%
Break-even
133.8 days
Slippage from Extended: live order book, 2 min ago; HTX: live order book, 2 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, 2 min ago0.46 bp4.8 bp −$510.3 bp −$103615.7 bp −$61.6Kdoesn't fit
Sell HTX live order book, 2 min ago15.00 bp27.4 bp −$2778.8 bp −$788doesn'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
Reya NEARRUSDPERP−0.0171%1h4.3079−0.019%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3133+0.106%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3198+0.258%$162K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3081−0.014%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.893%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3120+0.076%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3150+0.145%$217.9M$430.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3160+0.169%$60.7M$291.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3160+0.168%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3108+0.048%$35.2M$62.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3140+0.122%$52.3M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3151+0.148%$71.4M$128.1M75xas long as short
Variational Omni NEAR+0.0100%8h4.3217+0.300%$8.7M$18.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.3097+0.023%$250K$899K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3190+0.238%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3170+0.192%$165K$813K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3141+0.125%$282K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3123+0.083%$57K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3200+0.261%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3105+0.041%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3130+0.099%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3123+0.084%$31K$58510xas long as short
Extended NEAR-USDlong+0.0104%1h4.3087long leg$3.6M$17.2M25x
HTX NEAR-USDTshort+0.0120%8h4.3240+0.354%$461K$3.8M75x
Aevo NEAR-PERP+0.0128%1h4.3125+0.087%$201K$38K3xas long as short
Kalshi KXNEARPERP+0.0180%8h4.3141+0.125%$938K$25.2M2.2xas long as short
Aster NEARUSDT+0.0185%8h4.3160+0.169%$2.7M$4.8M50xas long as short
Binance NEARUSDT+0.0188%8h4.3171+0.194%$262.1M$1.09B75xas long as short
MEXC NEAR_USDT+0.0189%8h4.3130+0.099%$82.9M$150.8M200xas long as short
BingX NEAR-USDT+0.0199%8h4.3150+0.145%$145.1Mas long as short
Hyperliquid NEAR+0.0203%1h4.3162+0.173%$348.2M$315.5M10xas long as short
01 Exchange NEARUSD+0.0248%1h4.3140+0.122%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0309%8h4.3250+0.378%$13.3M$31.8M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0316% / S −0.0204%1h4.3118+0.071%$232K100xas long as short
Backpack NEAR_USDC_PERP+0.0403%1h4.3177+0.208%$1.1M$7.0M20xas long as short
Nado NEAR-PERP+0.0442%1h4.3105+0.042%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3140+0.122%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0536%1h4.3162+0.173%$1.5M$6.6M10xas long as short
Lighter NEAR+0.0632%1h4.3164+0.177%$17.0M$25.1M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3160+0.169%$225K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0725%1h4.3135+0.111%$1.9M$13.2M25xas long as short
Pacifica NEAR+0.0949%1h4.3157+0.161%$406K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3233+0.338%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3142+0.128%$598K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1239%1h4.3187+0.231%$5K$7K10xas long as short