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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0716%/8h= +78.4% APRnext payment +$0.89 per $10,000 · paid last 24h +0.067%
Price spread now: 01 Exchange against gTrade (Gains Network)−0.119%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.119% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.119% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 13 hours of funding at the current rate (+$21 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.3789L +0.0004% / S −0.0010%pay 0.0001% / 1h9m 52s$156K150x
Short01 Exchange NEARUSD4.37370.0720get 0.0090% / 1h9m 52s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$150.3
Price spread: −0.119% → 0.000%
−$11.88
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$121.43
Costs to cover
0.170%
Break-even
1.3 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 39 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 gTrade (Gains Network) virtual book (oracle venue), 39 min ago130.02 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.5Kdoesn'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%1h4.3818+0.066%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3672−0.268%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0010%1h4.3789long leg$156K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.433%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3850+0.139%$116K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3840+0.116%$219.5M$421.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3850+0.139%$62.0M$291.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3500−0.660%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3843+0.123%$33.2M$60.8M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3900+0.253%$53.0M$46.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3832+0.098%$71.9M$126.3M75xas long as short
Variational Omni NEAR+0.0100%8h4.3607−0.415%$8.8M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.3575−0.490%$255K$962K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3591−0.451%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3844+0.126%$282K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3839+0.114%$57K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3900+0.253%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3820+0.071%$474K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3830+0.094%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3670−0.273%$32K$60810xas long as short
Aevo NEAR-PERP+0.0112%1h4.3854+0.148%$204K$37K3xas long as short
BingX NEAR-USDT+0.0119%8h4.3850+0.139%$143.5Mas long as short
MEXC NEAR_USDT+0.0125%8h4.3880+0.208%$83.6M$146.1M200xas long as short
Binance NEARUSDT+0.0125%8h4.3888+0.227%$267.1M$1.09B75xas long as short
BloFin NEAR-USDT+0.0245%8h4.3630−0.363%$13.3M$32.1M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3881+0.210%$2.3M$16.3M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0313% / S −0.0201%1h4.3790+0.002%$235K100xas long as short
Kalshi KXNEARPERP+0.0313%8h4.3749−0.091%$1.0M$24.6M2.2xas long as short
Aster NEARUSDT+0.0336%8h4.3870+0.185%$2.8M$5.2M50xas long as short
Nado NEAR-PERP+0.0401%1h4.3850+0.139%$1.7M$3.2M10xas long as short
ApeX Omni NEARUSDT+0.0418%1h4.3580−0.477%$167K$796K50xas long as short
Extended NEAR-USD+0.0488%1h4.3828+0.089%$3.7M$19.3M25xas long as short
SoDEX NEAR-USD+0.0525%1h4.3825+0.082%$5K$52K10xas long as short
Hyperliquid NEAR+0.0665%1h4.3910+0.276%$360.7M$311.5M10xas long as short
Backpack NEAR_USDC_PERP+0.0688%1h4.3915+0.288%$1.3M$6.6M20xas long as short
01 Exchange NEARUSDshort+0.0720%1h4.3737−0.119%$13K$7K10x
Kraken Futures PF_NEARUSD+0.0722%1h4.3806+0.039%$7.4M$39.1M50xas long as short
Arcus NEAR-USD+0.0814%1h4.3720−0.158%$226K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.3702−0.200%$400K$1.3M10xas long as short
Lighter NEAR+0.0912%1h4.3895+0.243%$17.2M$25.2M15xas long as short
Phoenix NEAR+0.1033%1h4.3660−0.295%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1104%1h4.3887+0.224%$1.5M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.3724−0.149%$685K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1297%1h4.3516−0.623%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1417%1h4.3862+0.167%$2.0M$11.9M25xas long as short