After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.253%7d average−0.076%fees + slippage, in and out−$47spread needed0.471%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack NEAR_USDC_PERP | 4.1555 | 0.1004 | pay 0.0125% / 1h | 36m 49s | $1.7M | $4.9M | 20x |
| Short | Bulk NEAR-USD | 4.1450 | 0.0100 | get 0.0013% / 1h | 36m 49s | $237K | $10K | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$25.27
- Funding while held
- −$27.11
- Slippage, 4 orders
- −$30.13
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$99.5
- Spread needed to break even
- 0.471%
Slippage from Backpack: live order book, 4 min ago; Bulk: live order book, 24 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0904%
- Per $10,000 a day
- −$27.11
- Average in range /8h
- —
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 Backpack live order book, 4 min ago | 0.12 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bulk live order book, 24 min ago | 11.98 bp | 15.5 bp −$15 | 15.5 bp −$155 | 15.5 bp −$1,548 | 27.5 bp −$13.8K |
NEAR price on every exchange
against the cheapest. Click to use as the short leg.NEAR on 44 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NEAR | −0.454% | +0.0100% | 8h | $7.9M | $24.0M | — | as long as short |
| edgeX NEARUSDC | −0.312% | +0.0100% | 4h | $242K | $1.3M | 20x | as long as short |
| ApeX Omni NEARUSDT | −0.301% | +0.0100% | 1h | $112K | $778K | 50x | as long as short |
| OKX NEAR-USDT-SWAP | −0.277% | +0.0100% | 8h | $56.0M | $353.8M | 50x | as long as short |
| Extended NEAR-USD | −0.265% | +0.0104% | 1h | $3.5M | $15.0M | 25x | as long as short |
| Bybit NEARUSDT | −0.253% | +0.0100% | 8h | $200.1M | $502.3M | 75x | as long as short |
| Bulk NEAR-USDshort | −0.253% | +0.0100% | 1h | $237K | $10K | 10x | |
| Paradex NEAR-USD-PERP | −0.250% | +0.0100% | 8h | $30K | $2K | 10x | as long as short |
| Bitget NEARUSDT | −0.241% | +0.0100% | 8h | $68.8M | $132.2M | 75x | as long as short |
| BingX NEAR-USDC | −0.229% | +0.0100% | 8h | — | $6.6M | — | as long as short |
Show all 44 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX NEAR-USD | −0.226% | 0.0000% | 1h | $95K | $60K | 10x | as long as short |
| Gate NEAR_USDT | −0.205% | +0.0100% | 8h | $28.8M | $66.8M | 75x | as long as short |
| Pacifica NEAR | −0.194% | +0.0100% | 1h | $541K | $1.3M | 10x | as long as short |
| Binance NEARUSDT | −0.187% | +0.0100% | 8h | $235.1M | $1.26B | 75x | as long as short |
| MEXC NEAR_USDT | −0.180% | +0.0100% | 8h | $77.7M | $171.3M | 200x | as long as short |
| Aster NEARUSDT | −0.175% | +0.0100% | 8h | $2.7M | $7.8M | 50x | as long as short |
| Kalshi KXNEARPERP | −0.147% | 0.0000% | 8h | $526K | $25.2M | 2.2x | as long as short |
| Lighter RH NEAR | −0.140% | +0.0096% | 1h | $1.4M | $8.8M | 10x | as long as short |
| KuCoin NEARUSDTM | −0.132% | +0.0100% | 8h | $53.6M | $50.4M | 75x | as long as short |
| Nado NEAR-PERP | −0.127% | +0.0454% | 1h | $1.8M | $5.7M | 10x | as long as short |
| Lighter NEAR | −0.121% | +0.0120% | 1h | $14.9M | $23.7M | 15x | as long as short |
| Popdex NEARUSDT | −0.108% | +0.0096% | 1h | $108K | $563K | 50x | as long as short |
| Aevo NEAR-PERP | −0.096% | +0.0104% | 1h | $199K | $82K | 3x | as long as short |
| SoDEX NEAR-USD | −0.096% | +0.0100% | 1h | $10K | $69K | 10x | as long as short |
| 01 Exchange NEARUSD | −0.094% | +0.0048% | 1h | $12K | $11K | 10x | as long as short |
| Phoenix NEAR | −0.087% | +0.0751% | 1h | $1.7M | $3.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.084% | −0.0016% | 1h | $2.2M | $16.9M | 50x | as long as short |
| Aftermath Perps NEARUSD | −0.083% | +0.0995% | 1h | $5K | $12K | 10x | as long as short |
| Orderly PERP_NEAR_USDC | −0.077% | +0.0098% | 8h | $52K | $262K | 20x | as long as short |
| Reya NEARRUSDPERP | −0.076% | −0.0171% | 1h | $2K | — | 20x | as long as short |
| Hyperliquid NEAR | −0.065% | +0.0367% | 1h | $336.0M | $361.5M | 10x | as long as short |
| RISEx NEAR/USDC | −0.065% | +0.0765% | 1h | $357K | $1.3M | 10x | as long as short |
| Phemex NEARUSDT | −0.060% | +0.0100% | 8h | $3.7M | $8.7M | 50x | as long as short |
| BloFin NEAR-USDT | −0.060% | +0.0220% | 8h | $13.1M | $31.8M | 75x | as long as short |
| gTrade (Gains Network) NEAR/USD | −0.058% | L +0.0004% / S −0.0004% | 1h | $155K | — | 150x | as long as short |
| GMX NEAR/USD [ETH-USDC] | −0.049% | L +0.0432% / S −0.0325% | 1h | $353K | — | 100x | as long as short |
| Arcus NEAR-USD | −0.036% | +0.0565% | 1h | $476K | $1.4M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | −0.024% | +0.0621% | 1h | $7.6M | $36.3M | 50x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | −0.024% | +0.0304% | 1h | $1.8M | $1.7M | 25x | as long as short |
| Polymarket Perps NEAR-USD | −0.007% | +0.0100% | 1h | $170K | $4.0M | 10x | as long as short |
| Backpack NEAR_USDC_PERPlong | 0.000% | +0.1004% | 1h | $1.7M | $4.9M | 20x | |
| SunX NEAR-USDT | +0.012% | +0.0100% | 8h | $2K | $1.9M | 20x | as long as short |
| HTX NEAR-USDT | +0.229% | +0.0693% | 8h | $411K | $4.7M | 75x | as long as short |
| Injective NEAR/USDC PERP | +4.753% | +0.0033% | 1h | $608 | $163K | 12x | as long as short |
Backpack NEAR_USDC_PERP
Bulk NEAR-USD
Variational Omni
ApeX Omni
OKX
Extended
Bybit
Paradex
Bitget
BingX
Gate
Pacifica
Binance
MEXC
Aster
Lighter RH
KuCoin
Lighter
Popdex
SoDEX
Phoenix
Coinbase International
Hyperliquid
RISEx
Phemex
BloFin
gTrade (Gains Network)
GMX
Kraken Futures
Deribit
Polymarket Perps
SunX
HTX
Injective