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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.027%
Price spread now: 01 Exchange against Extended+0.465%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and 01 Exchange is 0.465% dearer against Extended than usual: you sell high and buy low: +$47 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.44600.0296pay 0.0037% / 1h40m 10s$3.7M$18.9M25x
Short01 Exchange NEARUSD4.46670.0472get 0.0059% / 1h40m 10s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$36.96
Price spread: +0.465% → 0.000%
$46.51
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$71.47
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Extended: live order book, 4 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 ago0.45 bp5.3 bp −$511.3 bp −$113443.7 bp −$44.4Kdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.4558+0.220%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4644+0.413%$110K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4563+0.231%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.861%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4640+0.404%$111K$494K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4473+0.029%$225.5M$436.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4490+0.067%$62.9M$299.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5008+1.232%$256K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4560+0.224%$35.3M$60.2M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4480+0.044%$52.8M$46.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4436−0.054%$73.6M$128.0M75xas long as short
Variational Omni NEAR+0.0100%8h4.4927+1.050%$9.1M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4779+0.717%$262K$967K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4740+0.629%$168K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4607+0.330%$294K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4486+0.058%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4520+0.134%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4560+0.224%$464K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.44600.000%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0106%8h4.4700+0.539%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0124%8h4.4854+0.885%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4528+0.151%$207K$40K3xas long as short
SoDEX NEAR-USD+0.0175%1h4.4447−0.030%$5K$53K10xas long as short
BingX NEAR-USDT+0.0185%8h4.4580+0.269%$144.0Mas long as short
MEXC NEAR_USDT+0.0189%8h4.4500+0.089%$84.0M$146.2M200xas long as short
Binance NEARUSDT+0.0190%8h4.4500+0.088%$270.9M$1.09B75xas long as short
Kalshi KXNEARPERP+0.0292%8h4.4525+0.146%$1.1M$25.1M2.2xas long as short
Extended NEAR-USDlong+0.0296%1h4.4460long leg$3.7M$18.9M25x
BloFin NEAR-USDT+0.0310%8h4.4790+0.742%$13.6M$33.0M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0335% / S −0.0229%1h4.4554+0.211%$256K100xas long as short
Aster NEARUSDT+0.0336%8h4.4493+0.074%$2.8M$5.0M50xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4520+0.134%$2.3M$16.5M50xas long as short
01 Exchange NEARUSDshort+0.0472%1h4.4667+0.465%$13K$7K10x
Hyperliquid NEAR+0.0555%1h4.4622+0.364%$367.3M$311.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0575%1h4.4772+0.701%$1.3M$6.6M20xas long as short
Nado NEAR-PERP+0.0580%1h4.4594+0.301%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0657%1h4.4424−0.083%$7.4M$38.5M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4690+0.517%$227K$1.6M10xas long as short
Lighter NEAR+0.0960%1h4.4519+0.132%$17.4M$24.8M15xas long as short
Lighter RH NEAR+0.0984%1h4.4545+0.191%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.5134+1.515%$1.9M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4718+0.580%$412K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1259%1h4.4754+0.660%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4674+0.480%$670K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1347%1h4.4521+0.137%$1.9M$12.4M25xas long as short