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 Binance−0.036%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$340.344% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 7 days−0.030%−$3 · spread now −0.036%, 7d avg −0.039%

Together, before fees−0.051%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NEARUSDT	4.4320	0.0100	pay 0.0100% / 8h	4h 18m	$272.2M	$1.10B	75x
Short	Bitget NEARUSDT	4.4304	0.0100	get 0.0100% / 8h	4h 18m	$72.7M	$130.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.036%Rate

Funding earned: $0
Price spread: −0.036% → −0.039%: $0.34
Slippage, 4 orders: −$12.39
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$34.05
Costs to cover: 0.344%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Bitget: live order book, 5 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 Binance live order book, 10 min ago	1.14 bp	6.1 bp −$6	11.7 bp −$117	37.0 bp −$3,703	117.2 bp −$58.6K
Sell Bitget live order book, 5 min ago	1.02 bp	11.6 bp −$12	16.4 bp −$164	35.7 bp −$3,568	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	4.4171	−0.337%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4146	−0.393%	$2.3M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4149	−0.386%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4191	−0.291%	$596K	$22.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4229	−0.206%	$166K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.566%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4180	−0.316%	$113K	$518K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4180	−0.315%	$420K	$1.2M	10x	as long as short
Binance NEARUSDTlong	+0.0100%	8h	4.4320	long leg	$272.2M	$1.10B	75x
Bybit NEARUSDT	+0.0100%	8h	4.4264	−0.126%	$222.6M	$424.6M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4260	−0.135%	$63.0M	$300.6M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4098	−0.500%	$251K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4257	−0.142%	$32.2M	$64.1M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4300	−0.045%	$74.5M	$149.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4330	+0.023%	$54.9M	$46.1M	75x	as long as short
Bitget NEARUSDTshort	+0.0100%	8h	4.4304	−0.036%	$72.7M	$130.6M	75x
BingX NEAR-USDT	+0.0100%	8h	4.4260	−0.135%	—	$147.5M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4057	−0.594%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4206	−0.258%	$265K	$977K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4210	−0.248%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4130	−0.429%	$170K	$802K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4214	−0.239%	$249K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4243	−0.174%	$57K	$227K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4270	−0.113%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4340	+0.045%	$459K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4300	−0.045%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4141	−0.404%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4290	−0.068%	$206K	$40K	3x	as long as short
SoDEX NEAR-USD	+0.0143%	1h	4.4255	−0.147%	$8K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4310	−0.023%	$13.8M	$33.0M	75x	as long as short
Aster NEARUSDT	+0.0305%	8h	4.4290	−0.067%	$3.0M	$5.5M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0309%	1h	4.4296	−0.054%	$1.4M	$6.5M	20x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0321% / S −0.0190%	1h	4.4227	−0.211%	$234K	—	100x	as long as short
Hyperliquid NEAR	+0.0325%	1h	4.4326	+0.014%	$365.6M	$324.6M	10x	as long as short
01 Exchange NEARUSD	+0.0328%	1h	4.4232	−0.199%	$13K	$7K	10x	as long as short
Extended NEAR-USD	+0.0376%	1h	4.4283	−0.083%	$4.0M	$19.7M	25x	as long as short
Nado NEAR-PERP	+0.0536%	1h	4.4182	−0.310%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4190	−0.293%	$219K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0586%	1h	4.4302	−0.040%	$8.2M	$39.7M	50x	as long as short
Lighter RH NEAR	+0.0624%	1h	4.4331	+0.025%	$1.5M	$7.2M	10x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4289	−0.070%	$1.8M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4192	−0.289%	$592K	$1.4M	10x	as long as short
Lighter NEAR	+0.0944%	1h	4.4350	+0.068%	$17.9M	$26.5M	15x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1084%	1h	4.4281	−0.088%	$2.0M	$7.3M	25x	as long as short
Aftermath Perps NEARUSD	+0.1537%	1h	4.4152	−0.378%	$5K	$12K	10x	as long as short