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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%
Price spread now: Bitget against gTrade (Gains Network)+0.087%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2902.902% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.096%+$10 on $10k
Price spread, last 4 days (all we have)−0.259%−$26 · spread now +0.087%, 7d avg −0.022%
Together, before fees−0.163%−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.109% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.3348L +0.0004% / S −0.0006%pay 0.0001% / 1h55m 16s$162K150x
ShortBitget NEARUSDT4.33860.0100get 0.0100% / 8h55m 16s$71.8M$128.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against gTrade (Gains Network). 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
$20.1
Price spread: +0.087% → −0.022%
$10.93
Slippage, 4 orders
−$268.19
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$259.17
Costs to cover
2.902%
Break-even
97.3 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 49 min ago; Bitget: 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 gTrade (Gains Network) virtual book (oracle venue), 49 min ago130.01 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.5Kdoesn't fit
Sell Bitget live order book, 4 min ago0.35 bp7.2 bp −$715.1 bp −$15126.8 bp −$2,679doesn'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%1h4.3265−0.192%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3192−0.360%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0006%1h4.3348long leg$162K150x
Kraken Futures PF_NEARUSD+0.0017%1h4.3366+0.042%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.471%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3280−0.157%$105K$492K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3370+0.050%$219.1M$431.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3370+0.050%$61.1M$292.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3150−0.456%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3345−0.007%$35.4M$61.6M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3350+0.004%$52.5M$45.9M75xas long as short
Bitget NEARUSDTshort+0.0100%8h4.3386+0.087%$71.8M$128.2M75x
Variational Omni NEAR+0.0100%8h4.3187−0.372%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3229−0.276%$251K$897K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3233−0.265%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3220−0.296%$163K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3295−0.123%$280K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3400+0.119%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3460+0.258%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3385+0.085%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3460+0.258%$460K$3.8M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3390+0.096%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3238−0.254%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3374+0.059%$3.6M$17.7M25xas long as short
Aevo NEAR-PERP+0.0136%1h4.3384+0.082%$202K$38K3xas long as short
BingX NEAR-USDT+0.0202%8h4.3370+0.050%$145.0Mas long as short
Kalshi KXNEARPERP+0.0206%8h4.3406+0.133%$944K$25.1M2.2xas long as short
MEXC NEAR_USDT+0.0214%8h4.3340−0.019%$77.0M$148.1M200xas long as short
Binance NEARUSDT+0.0215%8h4.3400+0.119%$263.7M$1.09B75xas long as short
Aster NEARUSDT+0.0241%8h4.3388+0.092%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0201%1h4.3187−0.373%$231K100xas long as short
BloFin NEAR-USDT+0.0335%8h4.3430+0.189%$13.4M$32.1M75xas long as short
01 Exchange NEARUSD+0.0384%1h4.3307−0.095%$13K$7K10xas long as short
Nado NEAR-PERP+0.0386%1h4.3275−0.168%$1.6M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0407%1h4.3242−0.245%$1.3M$7.0M20xas long as short
Hyperliquid NEAR+0.0472%1h4.3311−0.086%$351.1M$315.7M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3457+0.251%$2.3M$16.7M50xas long as short
Arcus NEAR-USD+0.0638%1h4.3310−0.088%$228K$1.6M10xas long as short
Lighter RH NEAR+0.0728%1h4.3434+0.198%$1.5M$6.6M10xas long as short
Lighter NEAR+0.0768%1h4.3438+0.207%$17.1M$24.9M15xas long as short
Pacifica NEAR+0.0949%1h4.3258−0.209%$407K$1.5M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3309−0.090%$650K$1.4M10xas long as short
Phoenix NEAR+0.1003%1h4.3206−0.328%$1.8M$2.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1064%1h4.3421+0.168%$1.9M$13.0M25xas long as short
Aftermath Perps NEARUSD+0.1270%1h4.3293−0.128%$5K$12K10xas long as short