After costs, if the gap returns to its 7d average, $10k+$40
spread now−0.027%7d average−0.731%fees + slippage, in and out−$30spread needed0.301%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack NEAR_USDC_PERP | 4.1479 | 0.1005 | pay 0.0126% / 1h | 35m 38s | $1.6M | $4.9M | 20x |
| Short | Polymarket Perps NEAR-USD | 4.1468 | 0.0100 | get 0.0013% / 1h | 35m 38s | $170K | $4.0M | 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
- −$2.65
- Funding while held
- −$27.14
- Slippage, 4 orders
- −$12.13
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$59.91
- Spread needed to break even
- 0.301%
Slippage from Backpack: live order book, 5 min ago; Polymarket Perps: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0905%
- Per $10,000 a day
- −$27.14
- 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, 5 min ago | 0.12 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 1.93 bp | 6.1 bp −$6 | 10.4 bp −$104 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Extended NEAR-USD | −0.177% | +0.0104% | 1h | $3.5M | $15.0M | 25x | as long as short |
| Gate NEAR_USDT | −0.152% | +0.0100% | 8h | $28.8M | $66.8M | 75x | as long as short |
| Bybit NEARUSDT | −0.142% | +0.0100% | 8h | $200.0M | $502.3M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | −0.142% | +0.0100% | 8h | $55.9M | $353.4M | 50x | as long as short |
| Paradex NEAR-USD-PERP | −0.132% | +0.0100% | 8h | $30K | $2K | 10x | as long as short |
| edgeX NEARUSDC | −0.129% | +0.0100% | 4h | $242K | $1.3M | 20x | as long as short |
| Bitget NEARUSDT | −0.125% | +0.0100% | 8h | $68.8M | $132.2M | 75x | as long as short |
| 01 Exchange NEARUSD | −0.123% | +0.0048% | 1h | $12K | $11K | 10x | as long as short |
| BingX NEAR-USDC | −0.118% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| ApeX Omni NEARUSDT | −0.118% | +0.0100% | 1h | $112K | $778K | 50x | as long as short |
Show all 44 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International NEAR-PERP-INTX | −0.116% | −0.0016% | 1h | $2.2M | $16.9M | 50x | as long as short |
| dYdX NEAR-USD | −0.115% | 0.0000% | 1h | $95K | $60K | 10x | as long as short |
| Aster NEARUSDT | −0.106% | +0.0100% | 8h | $2.7M | $7.8M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.096% | −0.0171% | 1h | $2K | — | 20x | as long as short |
| MEXC NEAR_USDT | −0.094% | +0.0100% | 8h | $77.5M | $171.4M | 200x | as long as short |
| Binance NEARUSDT | −0.081% | +0.0100% | 8h | $234.9M | $1.26B | 75x | as long as short |
| Variational Omni NEAR | −0.078% | +0.0100% | 8h | $8.0M | $24.1M | — | as long as short |
| Pacifica NEAR | −0.075% | +0.0100% | 1h | $541K | $1.3M | 10x | as long as short |
| Nado NEAR-PERP | −0.074% | +0.0458% | 1h | $1.8M | $5.7M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | −0.071% | L +0.0432% / S −0.0325% | 1h | $353K | — | 100x | as long as short |
| Popdex NEARUSDT | −0.070% | +0.0096% | 1h | $108K | $564K | 50x | as long as short |
| Phemex NEARUSDT | −0.070% | +0.0100% | 8h | $3.7M | $8.7M | 50x | as long as short |
| Bulk NEAR-USD | −0.070% | +0.0100% | 1h | $237K | $10K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | −0.052% | L +0.0004% / S −0.0004% | 1h | $154K | — | 150x | as long as short |
| RISEx NEAR/USDC | −0.048% | +0.0765% | 1h | $357K | $1.3M | 10x | as long as short |
| Aevo NEAR-PERP | −0.046% | +0.0104% | 1h | $198K | $82K | 3x | as long as short |
| KuCoin NEARUSDTM | −0.046% | +0.0100% | 8h | $53.5M | $50.3M | 75x | as long as short |
| Orderly PERP_NEAR_USDC | −0.029% | +0.0098% | 8h | $52K | $262K | 20x | as long as short |
| Polymarket Perps NEAR-USDshort | −0.027% | +0.0100% | 1h | $170K | $4.0M | 10x | |
| Lighter RH NEAR | −0.010% | +0.0096% | 1h | $1.4M | $8.8M | 10x | as long as short |
| Kalshi KXNEARPERP | −0.005% | 0.0000% | 8h | $526K | $25.2M | 2.2x | as long as short |
| Backpack NEAR_USDC_PERPlong | 0.000% | +0.1005% | 1h | $1.6M | $4.9M | 20x | |
| Kraken Futures PF_NEARUSD | +0.002% | +0.0622% | 1h | $7.6M | $36.3M | 50x | as long as short |
| Arcus NEAR-USD | +0.002% | +0.0565% | 1h | $475K | $1.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.005% | +0.0112% | 1h | $1.8M | $1.7M | 25x | as long as short |
| Lighter NEAR | +0.009% | +0.0128% | 1h | $14.9M | $23.7M | 15x | as long as short |
| Hyperliquid NEAR | +0.019% | +0.0380% | 1h | $335.8M | $361.6M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.045% | +0.1000% | 1h | $5K | $12K | 10x | as long as short |
| SoDEX NEAR-USD | +0.087% | +0.0100% | 1h | $10K | $69K | 10x | as long as short |
| Phoenix NEAR | +0.096% | +0.0751% | 1h | $1.7M | $3.6M | 10x | as long as short |
| BloFin NEAR-USDT | +0.123% | +0.0220% | 8h | $13.1M | $31.8M | 75x | as long as short |
| SunX NEAR-USDT | +0.171% | +0.0100% | 8h | $2K | $1.9M | 20x | as long as short |
| HTX NEAR-USDT | +0.340% | +0.0696% | 8h | $411K | $4.7M | 75x | as long as short |
| Injective NEAR/USDC PERP | +4.945% | +0.0033% | 1h | $608 | $163K | 12x | as long as short |
Backpack NEAR_USDC_PERP
Polymarket Perps NEAR-USD
Extended
Gate
Bybit
OKX
Paradex
Bitget
BingX
ApeX Omni
Coinbase International
Aster
MEXC
Binance
Variational Omni
Pacifica
GMX
Popdex
Phemex
Bulk
gTrade (Gains Network)
RISEx
KuCoin
Lighter RH
Kraken Futures
Deribit
Lighter
Hyperliquid
SoDEX
Phoenix
BloFin
SunX
HTX
Injective