Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.129%

Price spread now: HTX against Gate+0.264%7-day average +0.275% · you sell dearer than you buy

Net, funding: paid 7d − costs−$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$640.641% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.602%+$60 on $10k

Price spread, last 3 days (all we have)+0.062%+$6 · spread now +0.264%, 7d avg +0.275%

Together, before fees+0.664%+$66 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NEAR_USDT	4.3585	0.0100	pay 0.0100% / 8h	6h 36m	$31.3M	$60.7M	75x
Short	HTX NEAR-USDT	4.3700	0.0100	get 0.0100% / 8h	6h 36m	$445K	$3.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee HTXbpOrdersPrice spread, now +0.264%Rate

Funding earned: $0
Price spread: +0.264% → +0.275%: −$1.07
Slippage, 4 orders: −$37.14
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$65.2
Costs to cover: 0.641%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; HTX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	2.19 bp	13.6 bp −$14	20.7 bp −$207	41.6 bp −$4,158	58.4 bp −$29.2K
Sell HTX live order book, 3 min ago	8.06 bp	15.8 bp −$16	66.0 bp −$660	doesn't fit	doesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.3548	−0.084%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3611	+0.060%	$2.2M	$13.8M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3444	−0.325%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3580	−0.011%	$522K	$19.6M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3549	−0.083%	$202K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.990%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0052%	8h	4.3548	−0.084%	$8.3M	$19.1M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3540	−0.103%	$116K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3583	−0.005%	$58K	$161K	20x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3485	−0.230%	$411K	$1.2M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.3580	−0.011%	$260.4M	$1.07B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3561	−0.055%	$221.4M	$419.7M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3560	−0.057%	$61.5M	$282.4M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3560	−0.057%	$206K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3449	−0.311%	$248K	−$0	10x	as long as short
Gate NEAR_USDTlong	+0.0100%	8h	4.3585	long leg	$31.3M	$60.7M	75x
MEXC NEAR_USDT	+0.0100%	8h	4.3630	+0.103%	$75.6M	$138.2M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3630	+0.103%	$56.0M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3561	−0.055%	$72.2M	$123.7M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3580	−0.011%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3236	−0.800%	$260K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3339	−0.563%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3230	−0.815%	$179K	$775K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3575	−0.023%	$214K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3610	+0.057%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3571	−0.032%	$5K	$51K	10x	as long as short
HTX NEAR-USDTshort	+0.0100%	8h	4.3700	+0.264%	$445K	$3.9M	75x
Phemex NEARUSDT	+0.0100%	8h	4.3580	−0.011%	$3.9M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3465	−0.275%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3559	−0.059%	$3.8M	$17.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3571	−0.033%	$203K	$34K	3x	as long as short
Aster NEARUSDT	+0.0114%	8h	4.3641	+0.129%	$3.0M	$5.8M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0217%	1h	4.3584	−0.001%	$7.7M	$40.3M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3220	−0.837%	$13.2M	$27.6M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0360% / S −0.0278%	1h	4.3545	−0.091%	$261K	—	100x	as long as short
01 Exchange NEARUSD	+0.0368%	1h	4.3566	−0.044%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0432%	1h	4.3510	−0.172%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3579	−0.014%	$545K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3434	−0.346%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0672%	1h	4.3672	+0.200%	$1.6M	$6.9M	10x	as long as short
Hyperliquid NEAR	+0.0759%	1h	4.3628	+0.099%	$366.2M	$303.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0783%	1h	4.3607	+0.050%	$1.9M	$4.1M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0805%	1h	4.3635	+0.115%	$1.4M	$5.9M	20x	as long as short
Aftermath Perps NEARUSD	+0.1440%	1h	4.3317	−0.616%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1480%	1h	4.3703	+0.272%	$17.4M	$24.7M	15x	as long as short