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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against BingX+0.068%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$610.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.282%+$28 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.068% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEAR-USDC4.41600.0100pay 0.0100% / 8h4h 39m$6.6M
ShortBloFin NEAR-USDT4.41900.0220get 0.0220% / 8h4h 39m$13.9M$32.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$25.2
Price spread: +0.068% → 0.000%
$6.79
Slippage, 4 orders
−$39.25
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.26
Costs to cover
0.613%
Break-even
15.1 days
Slippage from BingX: live order book, 13 min ago; BloFin: live order book, 5 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 BingX live order book, 13 min ago2.23 bp16.6 bp −$1725.4 bp −$25468.5 bp −$6,851546.5 bp −$273.2K
Sell BloFin live order book, 5 min ago8.96 bp15.0 bp −$1518.0 bp −$18039.8 bp −$3,983107.3 bp −$53.6K

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%1h4.4137−0.051%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4077−0.188%$2.2M$15.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.4113−0.106%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4180+0.045%$599K$22.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4149−0.025%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.227%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4100−0.136%$116K$516K50xas long as short
Pacifica NEAR+0.0100%1h4.4151−0.021%$422K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4157−0.008%$270.0M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4090−0.159%$221.5M$424.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4080−0.181%$62.8M$299.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4550+0.883%$254K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4146−0.032%$32.0M$63.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4150−0.023%$74.0M$148.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4110−0.113%$54.8M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4157−0.007%$72.6M$130.2M75xas long as short
BingX NEAR-USDClong+0.0100%8h4.4160long leg$6.6M
Variational Omni NEAR+0.0100%8h4.4567+0.921%$8.7M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4571+0.930%$267K$976K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4605+1.008%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4600+0.996%$171K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4126−0.077%$238K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4187+0.061%$56K$220K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4260+0.226%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4165+0.011%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4200+0.091%$460K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4220+0.136%$3.9M$8.5M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4088−0.164%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4193+0.074%$205K$40K3xas long as short
Hyperliquid NEAR+0.0172%1h4.4129−0.070%$364.4M$324.2M10xas long as short
Extended NEAR-USD+0.0200%1h4.4149−0.025%$4.0M$19.6M25xas long as short
BloFin NEAR-USDTshort+0.0220%8h4.4190+0.068%$13.9M$32.9M75x
Backpack NEAR_USDC_PERP+0.0223%1h4.4247+0.197%$1.3M$6.6M20xas long as short
01 Exchange NEARUSD+0.0240%1h4.4127−0.075%$13K$7K10xas long as short
Aster NEARUSDT+0.0293%8h4.4148−0.027%$3.0M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0329% / S −0.0206%1h4.4142−0.040%$239K100xas long as short
Lighter RH NEAR+0.0464%1h4.4197+0.084%$1.5M$7.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0543%1h4.4181+0.048%$2.0M$6.8M25xas long as short
Nado NEAR-PERP+0.0562%1h4.4139−0.048%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4490+0.747%$220K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0588%1h4.4163+0.006%$8.2M$39.9M50xas long as short
Phoenix NEAR+0.0794%1h4.4453+0.663%$1.8M$2.8M10xas long as short
Lighter NEAR+0.0848%1h4.4200+0.091%$17.8M$26.2M15xas long as short
RISEx NEAR/USDC+0.0926%1h4.4133−0.061%$560K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1570%1h4.4505+0.782%$6K$12K10xas long as short