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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Gate+0.061%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$550.554% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.061%, 7d avg +0.037%
Together, before fees−0.036%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.024% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEAR_USDT4.41860.0100pay 0.0100% / 8h1h 23m$35.5M$61.7M75x
ShortPolymarket Perps NEAR-USD4.42130.0100get 0.0013% / 1h23m 20s$291K$4.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0
Price spread: +0.061% → +0.037%
$2.39
Slippage, 4 orders
−$32.37
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$52.98
Costs to cover
0.554%
Break-even
never at this rate
Slippage from Gate: live order book, 6 min ago; Polymarket Perps: live order book, 6 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, 6 min ago3.99 bp20.0 bp −$2030.5 bp −$30543.2 bp −$4,32259.9 bp −$29.9K
Sell Polymarket Perps live order book, 6 min ago2.85 bp7.0 bp −$716.2 bp −$162doesn'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
Reya NEARRUSDPERP−0.0171%1h4.4176−0.023%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4162−0.053%$109K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.41860.000%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.283%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4190+0.009%$112K$484K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4187+0.002%$223.9M$430.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4190+0.009%$62.5M$296.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4350+0.371%$253K−$010xas long as short
Gate NEAR_USDTlong+0.0100%8h4.4186long leg$35.5M$61.7M75x
KuCoin NEARUSDTM+0.0100%8h4.4210+0.054%$53.5M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4175−0.025%$72.5M$127.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.4187+0.003%$8.8M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4030−0.353%$257K$915K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4010−0.398%$166K$805K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.4213+0.061%$291K$4.1M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.4213+0.061%$59K$236K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4260+0.167%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4330+0.326%$465K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4250+0.145%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0104%8h4.4179−0.016%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0108%8h4.4030−0.354%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0136%1h4.4205+0.043%$206K$38K3xas long as short
Extended NEAR-USD+0.0168%1h4.4175−0.026%$3.7M$18.3M25xas long as short
SoDEX NEAR-USD+0.0190%1h4.4265+0.179%$5K$52K10xas long as short
BingX NEAR-USDT+0.0200%8h4.4200+0.032%$144.0Mas long as short
MEXC NEAR_USDT+0.0208%8h4.4210+0.054%$80.5M$149.0M200xas long as short
Binance NEARUSDT+0.0208%8h4.4224+0.086%$269.9M$1.08B75xas long as short
Kalshi KXNEARPERP+0.0252%8h4.4273+0.197%$1.0M$25.0M2.2xas long as short
Aster NEARUSDT+0.0304%8h4.4210+0.054%$2.8M$4.9M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0198%1h4.4250+0.145%$235K100xas long as short
BloFin NEAR-USDT+0.0325%8h4.4330+0.326%$13.8M$32.8M75xas long as short
Backpack NEAR_USDC_PERP+0.0421%1h4.4223+0.084%$1.3M$6.9M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4344+0.358%$2.3M$16.8M50xas long as short
01 Exchange NEARUSD+0.0456%1h4.4229+0.097%$13K$7K10xas long as short
Hyperliquid NEAR+0.0479%1h4.4238+0.118%$360.9M$312.6M10xas long as short
Nado NEAR-PERP+0.0568%1h4.4176−0.023%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0659%1h4.4268+0.186%$7.3M$38.3M50xas long as short
Lighter NEAR+0.0824%1h4.4248+0.140%$17.4M$25.3M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0835%1h4.4301+0.260%$1.9M$13.1M25xas long as short
Arcus NEAR-USD+0.0880%1h4.4240+0.122%$228K$1.6M10xas long as short
Lighter RH NEAR+0.0920%1h4.4247+0.138%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4335+0.337%$1.8M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4205+0.043%$422K$1.4M10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4216+0.067%$665K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1274%1h4.4228+0.095%$5K$12K10xas long as short