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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.085%
Price spread now: Lighter RH against Gate+0.208%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs+$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$380.377% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.489%+$49 on $10k
Price spread, last 7 days−0.058%−$6 · spread now +0.208%, 7d avg +0.149%
Together, before fees+0.432%+ Points / potential airdropLighter RH: Points live · farm board+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Lighter RH is 0.060% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.149%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEAR_USDT4.36870.0100pay 0.0100% / 8h7h 36m$36.5M$62.1M75x
ShortLighter RH NEAR4.37780.0448get 0.0056% / 1h36m 53s$1.5M$6.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Funding earned
$73.08
Price spread: +0.208% → +0.149%
$5.96
Slippage, 4 orders
−$22.7
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$41.34
Costs to cover
0.377%
Break-even
3.0 days
Slippage from Gate: live order book, 2 min ago; Lighter RH: 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 Gate live order book, 2 min ago1.95 bp12.8 bp −$1317.6 bp −$17642.2 bp −$4,21859.4 bp −$29.7K
Sell Lighter RH live order book, 2 min ago1.94 bp3.2 bp −$38.1 bp −$81doesn'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
Kraken Futures PF_NEARUSD−0.0432%1h4.3712+0.057%$7.2M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3715+0.064%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3659−0.063%$107K$67K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3703+0.037%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.212%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3740+0.121%$119K$504K50xas long as short
Aster NEARUSDT+0.0100%8h4.3703+0.036%$2.7M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.3694+0.016%$220.2M$428.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3680−0.016%$61.6M$295.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3810+0.282%$221K$1.5M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDTlong+0.0100%8h4.3687long leg$36.5M$62.1M75x
KuCoin NEARUSDTM+0.0100%8h4.3730+0.098%$52.6M$45.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3695+0.018%$72.1M$127.9M75xas long as short
Variational Omni NEAR+0.0100%8h4.3698+0.025%$9.0M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3747+0.138%$254K$893K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3650−0.085%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3740+0.121%$165K$826K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3735+0.110%$273K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3719+0.073%$56K$239K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3860+0.396%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3720+0.076%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3730+0.098%$3.5M$8.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3708+0.049%$252K$3K10xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3647−0.092%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3693+0.014%$3.6M$15.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3726+0.089%$203K$40K3xas long as short
MEXC NEAR_USDT+0.0107%8h4.3710+0.053%$90.7M$157.1M200xas long as short
Binance NEARUSDT+0.0108%8h4.3710+0.054%$263.8M$1.09B75xas long as short
BingX NEAR-USDT+0.0118%8h4.3700+0.030%$83.5Mas long as short
Kalshi KXNEARPERP+0.0147%8h4.3739+0.119%$866K$25.5M2.2xas long as short
Hyperliquid NEAR+0.0213%1h4.3764+0.176%$353.6M$316.2M10xas long as short
BloFin NEAR-USDT+0.0228%8h4.3750+0.144%$12.5M$32.4M75xas long as short
Nado NEAR-PERP+0.0278%1h4.3731+0.100%$1.7M$3.2M10xas long as short
01 Exchange NEARUSD+0.0320%1h4.3827+0.320%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0352% / S −0.0255%1h4.3702+0.035%$257K100xas long as short
HTX NEAR-USDT+0.0378%8h4.3790+0.236%$463K$3.7M75xas long as short
Lighter RH NEARshort+0.0448%1h4.3778+0.208%$1.5M$6.4M10x
Lighter NEAR+0.0472%1h4.3766+0.182%$17.3M$23.9M15xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3820+0.304%$2.3M$17.2M50xas long as short
Backpack NEAR_USDC_PERP+0.0526%1h4.3747+0.137%$1.1M$7.1M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0596%1h4.3747+0.137%$1.9M$13.1M25xas long as short
RISEx NEAR/USDC+0.0656%1h4.3796+0.249%$595K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.3686−0.003%$412K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3762+0.172%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1053%1h4.3798+0.255%$5K$7K10xas long as short