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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0090%/8h= −9.8% APRnext payment $0.90 per $10,000 · paid last 24h +0.129%
Price spread now: HTX against Binance+0.164%7-day average +0.236% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$510.508% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.610%+$61 on $10k
Price spread, last 4 days (all we have)+0.232%+$23 · spread now +0.164%, 7d avg +0.236%
Together, before fees+0.843%+$84 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.072% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.236%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.610%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEARUSDT4.44870.0190pay 0.0190% / 8h1h 40m$270.8M$1.09B75x
ShortHTX NEAR-USDT4.45600.0100get 0.0100% / 8h1h 40m$464K$4.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$18.8
Price spread: +0.164% → +0.236%
−$7.16
Slippage, 4 orders
−$28.82
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$76.78
Costs to cover
0.508%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; HTX: 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, 4 min ago1.11 bp7.5 bp −$713.4 bp −$13434.9 bp −$3,49299.5 bp −$49.8K
Sell HTX live order book, 4 min ago10.01 bp19.0 bp −$1943.1 bp −$431doesn'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%1h4.4558+0.160%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4644+0.353%$110K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4563+0.171%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.917%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4640+0.344%$111K$494K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4480−0.016%$225.6M$435.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4470−0.038%$62.9M$299.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5008+1.171%$256K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4449−0.085%$35.2M$60.3M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4480−0.016%$52.8M$46.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4468−0.043%$73.7M$128.0M75xas long as short
Variational Omni NEAR+0.0100%8h4.4927+0.989%$9.1M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4779+0.657%$262K$967K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4740+0.569%$168K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4607+0.270%$294K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4486−0.002%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4520+0.074%$1K$1.3M20xas long as short
HTX NEAR-USDTshort+0.0100%8h4.4560+0.164%$464K$4.0M75x
Phemex NEARUSDT+0.0100%8h4.4460−0.061%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0106%8h4.4700+0.479%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0124%8h4.4854+0.824%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4528+0.091%$207K$40K3xas long as short
SoDEX NEAR-USD+0.0175%1h4.4447−0.090%$5K$53K10xas long as short
BingX NEAR-USDT+0.0185%8h4.4510+0.052%$144.0Mas long as short
MEXC NEAR_USDT+0.0189%8h4.4500+0.029%$84.0M$146.2M200xas long as short
Binance NEARUSDTlong+0.0190%8h4.4487long leg$270.8M$1.09B75x
Kalshi KXNEARPERP+0.0292%8h4.4525+0.085%$1.1M$25.1M2.2xas long as short
Extended NEAR-USD+0.0296%1h4.4460−0.060%$3.7M$18.9M25xas long as short
BloFin NEAR-USDT+0.0310%8h4.4790+0.681%$13.6M$33.0M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0335% / S −0.0229%1h4.4554+0.150%$256K100xas long as short
Aster NEARUSDT+0.0336%8h4.4473−0.030%$2.8M$5.0M50xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4520+0.074%$2.3M$16.5M50xas long as short
01 Exchange NEARUSD+0.0472%1h4.4667+0.405%$13K$7K10xas long as short
Hyperliquid NEAR+0.0541%1h4.4531+0.099%$366.4M$311.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0548%1h4.4495+0.018%$1.4M$6.7M20xas long as short
Nado NEAR-PERP+0.0580%1h4.4594+0.241%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0657%1h4.4424−0.143%$7.4M$38.5M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4690+0.456%$227K$1.6M10xas long as short
Lighter NEAR+0.0960%1h4.4519+0.072%$17.4M$24.8M15xas long as short
Lighter RH NEAR+0.0984%1h4.4545+0.130%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.5134+1.454%$1.9M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4718+0.519%$412K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1259%1h4.4754+0.599%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4674+0.420%$670K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1347%1h4.4521+0.076%$1.9M$12.4M25xas long as short