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: Bitget against OKX+0.007%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$380.382% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 7 days−0.057%−$6 · spread now +0.007%, 7d avg −0.007%

Together, before fees−0.106%−$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NEAR-USDT-SWAP	4.3180	0.0100	pay 0.0100% / 8h	7h 02m	$61.2M	$276.7M	50x
Short	Bitget NEARUSDT	4.3183	0.0100	get 0.0100% / 8h	7h 02m	$71.5M	$122.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → −0.007%: $1.4
Slippage, 4 orders: −$16.24
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$36.84
Costs to cover: 0.382%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 1 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 OKX live order book, 1 min ago	1.16 bp	9.9 bp −$10	17.5 bp −$175	51.8 bp −$5,183	doesn't fit
Sell Bitget live order book, 1 min ago	1.39 bp	9.8 bp −$10	16.1 bp −$161	29.5 bp −$2,955	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	4.3165	−0.034%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0130%	1h	4.3182	+0.004%	$7.9M	$38.0M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3218	+0.088%	$2.2M	$13.2M	50x	as long as short
Phemex NEARUSDT	−0.0063%	8h	4.3120	−0.139%	$3.8M	$8.4M	50x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3270	+0.208%	$382K	$18.7M	2.2x	as long as short
dYdX NEAR-USD	+0.0004%	1h	4.3193	+0.030%	$112K	$64K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3160	−0.045%	$158K	—	150x	as long as short
Variational Omni NEAR	+0.0010%	8h	4.3057	−0.285%	$8.2M	$18.8M	—	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.099%	$578	$302K	12x	as long as short
01 Exchange NEARUSD	+0.0048%	1h	4.3259	+0.183%	$13K	$7K	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex NEARUSDT	+0.0096%	1h	4.3220	+0.093%	$115K	$474K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3181	+0.002%	$57K	$162K	20x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3174	−0.014%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3228	+0.110%	$402K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3195	+0.034%	$257.8M	$1.05B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3186	+0.014%	$221.3M	$415.9M	75x	as long as short
OKX NEAR-USDT-SWAPlong	+0.0100%	8h	4.3180	long leg	$61.2M	$276.7M	50x
Arcus NEAR-USD	+0.0100%	1h	4.3260	+0.185%	$205K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3243	+0.145%	$246K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3187	+0.016%	$30.9M	$61.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3180	0.000%	$74.9M	$142.1M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3220	+0.093%	$56.0M	$42.6M	75x	as long as short
Bitget NEARUSDTshort	+0.0100%	8h	4.3183	+0.007%	$71.5M	$122.4M	75x
BingX NEAR-USDC	+0.0100%	8h	4.3170	−0.023%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3270	+0.209%	$258K	$1.1M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3356	+0.407%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3140	−0.093%	$177K	$776K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3204	+0.056%	$203K	$3.4M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3240	+0.139%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3161	−0.044%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3290	+0.255%	$457K	$3.6M	75x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3173	−0.016%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3166	−0.032%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3163	−0.040%	$201K	$31K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3140	−0.093%	$13.2M	$27.6M	75x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0329%	1h	4.3185	+0.012%	$1.9M	$3.9M	25x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0376% / S −0.0308%	1h	4.3153	−0.063%	$276K	—	100x	as long as short
Nado NEAR-PERP	+0.0423%	1h	4.3192	+0.027%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3260	+0.185%	$409K	$1.2M	10x	as long as short
Hyperliquid NEAR	+0.0463%	1h	4.3254	+0.172%	$366.9M	$301.6M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0492%	1h	4.3160	−0.046%	$1.3M	$5.9M	20x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3218	+0.088%	$1.8M	$2.7M	10x	as long as short
Lighter RH NEAR	+0.0504%	1h	4.3190	+0.023%	$1.6M	$7.0M	10x	as long as short
Aftermath Perps NEARUSD	+0.1496%	1h	4.3263	+0.191%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1776%	1h	4.3241	+0.141%	$17.3M	$24.8M	15x	as long as short