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 0.000%

Price spread now: Binance against KuCoin0.000%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$520.517% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 7 days+0.007%+$1 · spread now 0.000%, 7d avg −0.011%

Together, before fees+0.002%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NEARUSDTM	4.3320	0.0100	pay 0.0100% / 8h	3h 40m	$53.8M	$46.2M	75x
Short	Binance NEARUSDT	4.3320	0.0100	get 0.0100% / 8h	3h 40m	$265.7M	$1.10B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.011%: $1.08
Slippage, 4 orders: −$29.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$50.65
Costs to cover: 0.517%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Binance: 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 KuCoin live order book, 3 min ago	1.15 bp	18.0 bp −$18	26.9 bp −$269	96.3 bp −$9,628	doesn't fit
Sell Binance live order book, 3 min ago	1.15 bp	8.2 bp −$8	14.0 bp −$140	39.9 bp −$3,991	112.7 bp −$56.3K

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	4.3170	−0.345%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3248	−0.166%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3166	−0.355%	$162K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.409%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3316	−0.009%	$2.3M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3150	−0.392%	$107K	$501K	50x	as long as short
Binance NEARUSDTshort	+0.0100%	8h	4.3320	0.000%	$265.7M	$1.10B	75x
Bybit NEARUSDT	+0.0100%	8h	4.3260	−0.139%	$215.2M	$428.5M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3240	−0.185%	$61.4M	$291.5M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3400	+0.185%	$247K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3262	−0.134%	$31.9M	$61.0M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3300	−0.046%	$73.2M	$144.7M	200x	as long as short
KuCoin NEARUSDTMlong	+0.0100%	8h	4.3320	long leg	$53.8M	$46.2M	75x
Bitget NEARUSDT	+0.0100%	8h	4.3254	−0.152%	$71.2M	$128.9M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3260	−0.139%	—	$146.3M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3167	−0.352%	$8.3M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3357	+0.085%	$254K	$947K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3214	−0.244%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3400	+0.185%	$167K	$799K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3154	−0.383%	$271K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3231	−0.205%	$57K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3280	−0.092%	$1K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3360	+0.092%	$470K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3300	−0.046%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3239	−0.187%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3244	−0.176%	$201K	$37K	3x	as long as short
Kalshi KXNEARPERP	+0.0145%	8h	4.3047	−0.630%	$724K	$23.5M	2.2x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3280	−0.092%	$13.7M	$32.1M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3304	−0.037%	$411K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0309%	8h	4.3290	−0.070%	$2.9M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0194%	1h	4.3172	−0.341%	$231K	—	100x	as long as short
SoDEX NEAR-USD	+0.0406%	1h	4.3272	−0.111%	$8K	$49K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0493%	1h	4.3315	−0.012%	$1.4M	$6.6M	20x	as long as short
01 Exchange NEARUSD	+0.0520%	1h	4.3174	−0.337%	$13K	$7K	10x	as long as short
Hyperliquid NEAR	+0.0618%	1h	4.3339	+0.044%	$355.6M	$321.2M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3290	−0.069%	$212K	$1.6M	10x	as long as short
Nado NEAR-PERP	+0.0671%	1h	4.3147	−0.400%	$1.8M	$3.1M	10x	as long as short
Extended NEAR-USD	+0.0680%	1h	4.3234	−0.198%	$3.8M	$19.8M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0712%	1h	4.3314	−0.014%	$7.6M	$39.3M	50x	as long as short
Lighter RH NEAR	+0.0872%	1h	4.3356	+0.083%	$1.5M	$7.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0908%	1h	4.3235	−0.196%	$1.9M	$8.9M	25x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3302	−0.042%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.1152%	1h	4.3348	+0.064%	$17.5M	$24.9M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3260	−0.139%	$656K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1576%	1h	4.3318	−0.005%	$5K	$12K	10x	as long as short