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−0.0087%/8h= −9.5% APRnext payment $0.87 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.134%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$330.325% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 days+0.113%+$11 · spread now −0.134%, 7d avg −0.035%
Together, before fees+0.141%+$14 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 OKX is 0.099% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEARUSDT4.49600.0187pay 0.0187% / 8h1h 42m$273.7M$1.09B75x
ShortOKX NEAR-USDT-SWAP4.49000.0100get 0.0100% / 8h1h 42m$63.7M$301.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$18.3
Price spread: −0.134% → −0.035%
−$9.9
Slippage, 4 orders
−$12.5
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$60.7
Costs to cover
0.325%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago1.11 bp7.5 bp −$713.4 bp −$13434.9 bp −$3,49299.5 bp −$49.8K
Sell OKX live order book, 2 min ago1.12 bp8.5 bp −$814.1 bp −$14138.7 bp −$3,873doesn'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%1h4.5000+0.089%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4926−0.075%$111K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4981+0.047%$169K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.896%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4990+0.066%$112K$494K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4950−0.023%$231.4M$429.7M75xas long as short
OKX NEAR-USDT-SWAPshort+0.0100%8h4.4900−0.134%$63.7M$301.4M50x
Bulk NEAR-USD+0.0100%1h4.5008+0.106%$256K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4927−0.074%$35.1M$60.2M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4990+0.066%$53.8M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4903−0.127%$74.1M$127.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.4687−0.607%$9.0M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4779−0.403%$262K$967K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4740−0.490%$168K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4999+0.086%$281K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5022+0.137%$59K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5070+0.244%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.5100+0.311%$469K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4950−0.023%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0107%8h4.49600.000%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0123%8h4.4756−0.454%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.5034+0.163%$209K$40K3xas long as short
MEXC NEAR_USDT+0.0184%8h4.4950−0.023%$86.2M$145.6M200xas long as short
BingX NEAR-USDT+0.0185%8h4.4930−0.067%$143.9Mas long as short
Binance NEARUSDTlong+0.0187%8h4.4960long leg$273.7M$1.09B75x
SoDEX NEAR-USD+0.0199%1h4.4835−0.279%$5K$52K10xas long as short
Kalshi KXNEARPERP+0.0293%8h4.4945−0.034%$1.1M$25.0M2.2xas long as short
BloFin NEAR-USDT+0.0305%8h4.4830−0.290%$13.6M$33.1M75xas long as short
Extended NEAR-USD+0.0320%1h4.4990+0.066%$3.7M$18.9M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0336% / S −0.0229%1h4.4991+0.069%$258K100xas long as short
Aster NEARUSDT+0.0338%8h4.4980+0.044%$2.9M$5.0M50xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.5012+0.115%$2.3M$16.6M50xas long as short
01 Exchange NEARUSD+0.0480%1h4.4985+0.055%$13K$7K10xas long as short
Nado NEAR-PERP+0.0538%1h4.5020+0.133%$1.8M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0582%1h4.4959−0.003%$1.3M$6.5M20xas long as short
Hyperliquid NEAR+0.0594%1h4.4968+0.017%$370.3M$310.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0649%1h4.4960−0.001%$7.5M$38.3M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4980+0.044%$229K$1.6M10xas long as short
Lighter RH NEAR+0.0992%1h4.5037+0.171%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4991+0.068%$1.9M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1017%1h4.5031+0.157%$2.0M$12.3M25xas long as short
Lighter NEAR+0.1040%1h4.5049+0.198%$17.7M$24.7M15xas long as short
Pacifica NEAR+0.1187%1h4.4955−0.012%$414K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1225%1h4.4771−0.422%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4984+0.054%$674K$1.4M10xas long as short