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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Bitget against Pacifica−0.314%52s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.442% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.092%−$9 on $10k
Price spread, last 7 days+0.319%+$32 · spread now −0.314%, 7d avg −0.048%
Together, before fees+0.226%+ Points / potential airdropPacifica: Active · farm board+$23 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: Bitget is 0.266% cheaper against Pacifica than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of −0.048%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.53690.0100pay 0.0013% / 1h9m 45s$432K$1.2M10x
ShortBitget NEARUSDT4.52270.0100get 0.0100% / 8h5h 09m$74.4M$129.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Pacifica. 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: −0.314% → −0.048%
−$26.59
Slippage, 4 orders
−$24.18
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$70.77
Costs to cover
0.442%
Break-even
never at this rate
Slippage from Pacifica: live order book, 4 min ago; Bitget: live order book, 4 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 Pacifica live order book, 4 min ago3.83 bp8.9 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago0.88 bp10.9 bp −$1113.2 bp −$13228.7 bp −$2,870doesn'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%1h4.5264−0.232%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.5256−0.250%$2.2M$15.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.5341−0.063%$112K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.5355−0.032%$519K$21.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5284−0.188%$169K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.727%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5340−0.065%$114K$513K50xas long as short
Pacifica NEARlong+0.0100%1h4.5369long leg$432K$1.2M10x
Binance NEARUSDT+0.0100%8h4.5210−0.350%$276.9M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5220−0.329%$226.6M$425.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.5210−0.351%$65.1M$307.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5467+0.214%$259K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.5165−0.450%$32.8M$64.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5150−0.483%$77.0M$147.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5180−0.417%$55.5M$45.6M75xas long as short
Bitget NEARUSDTshort+0.0100%8h4.5227−0.314%$74.4M$129.8M75x
BingX NEAR-USDT+0.0100%8h4.5190−0.395%$146.9Mas long as short
Variational Omni NEAR+0.0100%8h4.5696+0.720%$8.8M$18.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.5692+0.712%$274K$974K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5655+0.629%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5670+0.663%$176K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5339−0.067%$222K$3.8M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5268−0.223%$58K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5350−0.043%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5270−0.219%$8K$54K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5300−0.153%$467K$4.1M75xas long as short
Phemex NEARUSDT+0.0100%8h4.5240−0.285%$3.8M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.5319−0.112%$33K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.5300−0.153%$211K$40K3xas long as short
Extended NEAR-USD+0.0144%1h4.5097−0.601%$4.2M$19.3M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.5590+0.486%$14.1M$34.1M75xas long as short
Aster NEARUSDT+0.0305%8h4.5217−0.337%$3.1M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0361% / S −0.0250%1h4.5276−0.207%$274K100xas long as short
01 Exchange NEARUSD+0.0392%1h4.5348−0.047%$13K$7K10xas long as short
Nado NEAR-PERP+0.0407%1h4.5309−0.132%$2.0M$3.2M10xas long as short
Arcus NEAR-USD+0.0410%1h4.5380+0.023%$220K$1.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0479%1h4.5307−0.137%$2.0M$4.5M25xas long as short
Backpack NEAR_USDC_PERP+0.0574%1h4.5228−0.312%$1.4M$6.7M20xas long as short
Kraken Futures PF_NEARUSD+0.0680%1h4.5280−0.197%$8.4M$41.3M50xas long as short
Lighter RH NEAR+0.0720%1h4.5320−0.109%$1.6M$7.2M10xas long as short
Hyperliquid NEAR+0.0810%1h4.5288−0.179%$379.0M$320.9M10xas long as short
Phoenix NEAR+0.0855%1h4.5621+0.555%$1.9M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.5375+0.013%$575K$1.4M10xas long as short
Lighter NEAR+0.1152%1h4.5327−0.093%$18.2M$26.9M15xas long as short
Aftermath Perps NEARUSD+0.1599%1h4.5449+0.176%$6K$12K10xas long as short