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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%
Price spread now: Extended against Binance−0.010%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$260.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 7 days+0.020%+$2 · spread now −0.010%, 7d avg −0.060%
Together, before fees+0.039%+ Points / potential airdropExtended: Active · farm board+$4 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: Extended is 0.050% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEARUSDT4.26850.0100pay 0.0100% / 8h45m 19s$252.8M$1.07B75x
ShortExtended NEAR-USD4.26810.0104get 0.0013% / 1h45m 19s$4.0M$15.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: −0.010% → −0.060%
$5.02
Slippage, 4 orders
−$11.47
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$20.62
Costs to cover
0.265%
Break-even
178.8 days
Slippage from Binance: live order book, 14 min ago; Extended: 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 Binance live order book, 14 min ago1.16 bp7.7 bp −$811.4 bp −$11427.8 bp −$2,783112.5 bp −$56.3K
Sell Extended live order book, 4 min ago3.02 bp6.9 bp −$713.1 bp −$131doesn't fitdoesn'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%1h4.2681−0.009%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2743+0.135%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2746+0.144%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2719+0.079%$396K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2693+0.018%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−2.987%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2710+0.058%$108K$498K50xas long as short
Bybit NEARUSDT+0.0096%8h4.2680−0.012%$219.2M$421.9M75xas long as short
Variational Omni NEAR+0.0098%8h4.2670−0.036%$7.8M$18.0Mas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2753+0.158%$31K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.2757+0.167%$3.0M$5.6M50xas long as short
Pacifica NEAR+0.0100%1h4.2749+0.149%$402K$1.2M10xas long as short
Binance NEARUSDTlong+0.0100%8h4.2685long leg$252.8M$1.07B75x
OKX NEAR-USDT-SWAP+0.0100%8h4.2680−0.012%$60.9M$284.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2750+0.152%$202K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000+0.738%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2692+0.016%$30.1M$58.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2690+0.011%$78.4M$140.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2720+0.082%$56.0M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.26850.000%$70.9M$126.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2670−0.036%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2986+0.706%$245K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2963+0.651%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2710+0.058%$178K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2738+0.124%$209K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2708+0.053%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2730+0.105%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2681−0.010%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2700+0.035%$3.9M$8.2M50xas long as short
Extended NEAR-USDshort+0.0104%1h4.2681−0.010%$4.0M$15.9M25x
Aevo NEAR-PERP+0.0104%1h4.2705+0.046%$206K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2703+0.042%$7.4M$36.9M50xas long as short
01 Exchange NEARUSD+0.0200%1h4.2729+0.103%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2730+0.105%$13.0M$30.7M75xas long as short
Lighter RH NEAR+0.0360%1h4.2792+0.250%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0374% / S −0.0314%1h4.2693+0.018%$274K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2743+0.136%$412K$1.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0429%1h4.2738+0.124%$1.9M$2.3M25xas long as short
Backpack NEAR_USDC_PERP+0.0437%1h4.2829+0.337%$1.3M$5.5M20xas long as short
Phoenix NEAR+0.0463%1h4.2919+0.548%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0808%1h4.26850.000%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0874%8h4.2790+0.246%$457K$3.7M75xas long as short
Hyperliquid NEAR+0.1139%1h4.2766+0.189%$368.6M$298.2M10xas long as short
Aftermath Perps NEARUSD+0.1181%1h4.2914+0.535%$5K$11K10xas long as short
Lighter NEAR+0.1880%1h4.2869+0.429%$16.5M$23.7M15xas long as short