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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.011%
Price spread now: Extended against BingX−0.078%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 7 days+0.092%+$9 · spread now −0.078%, 7d avg −0.048%
Together, before fees+0.168%+ Points / potential airdropExtended: Active · farm board+$17 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 0.029% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEAR-USDT4.47800.0100pay 0.0100% / 8h5h 49m$77.4M
ShortExtended NEAR-USD4.47450.0104get 0.0013% / 1h49m 12s$3.8M$15.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.078% → −0.048%
−$2.93
Slippage, 4 orders
−$10.87
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$27.96
Costs to cover
0.259%
Break-even
240.0 days
Slippage from BingX: live order book, 8 min ago; Extended: live order book, 3 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, 8 min ago1.11 bp6.1 bp −$68.8 bp −$8817.8 bp −$1,78245.3 bp −$22.6K
Sell Extended live order book, 3 min ago2.00 bp6.1 bp −$613.7 bp −$137doesn't fitdoesn't fit

NEAR on 45 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0236%1h4.4788+0.018%$7.4M$36.9M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4859+0.177%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4803+0.052%$110K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4801+0.047%$842K$26.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4768−0.027%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.526%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4840+0.134%$123K$504K50xas long as short
Aster NEARUSDT+0.0100%8h4.4840+0.134%$2.6M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4855+0.167%$272.1M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4830+0.112%$231.4M$427.6M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4830+0.112%$64.1M$298.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4950+0.380%$268K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4771−0.020%$39.8M$62.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4830+0.112%$76.9M$167.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4860+0.179%$53.3M$43.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4764−0.036%$74.2M$126.4M75xas long as short
BingX NEAR-USDTlong+0.0100%8h4.4780long leg$77.4M
Variational Omni NEAR+0.0100%8h4.4874+0.209%$8.9M$16.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4861+0.181%$265K$869K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4810+0.066%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4790+0.022%$167K$823K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4848+0.152%$280K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4774−0.013%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4900+0.268%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4815+0.078%$5K$39K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4840+0.134%$465K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4840+0.134%$3.4M$7.9M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4826+0.103%$33K$24510xas long as short
Extended NEAR-USDshort+0.0104%1h4.4745−0.078%$3.8M$15.0M25x
Aevo NEAR-PERP+0.0104%1h4.4758−0.050%$208K$38K3xas long as short
Lighter NEAR+0.0160%1h4.4879+0.222%$17.5M$23.3M15xas long as short
Hyperliquid NEAR+0.0204%1h4.4826+0.103%$361.1M$314.7M10xas long as short
Nado NEAR-PERP+0.0207%1h4.4830+0.112%$1.7M$3.1M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4820+0.089%$12.9M$32.5M75xas long as short
01 Exchange NEARUSD+0.0224%1h4.4836+0.125%$13K$4K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0226%1h4.4925+0.324%$263K100xas long as short
Arcus NEAR-USD+0.0343%1h4.4870+0.201%$227K$1.4M10xas long as short
Lighter RH NEAR+0.0384%1h4.4884+0.232%$1.6M$5.8M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.4842+0.139%$633K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.4833+0.118%$2.3M$17.6M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0644%1h4.4795+0.033%$1.9M$13.0M25xas long as short
Backpack NEAR_USDC_PERP+0.0664%1h4.4898+0.264%$1.1M$7.0M20xas long as short
Phoenix NEAR+0.0741%1h4.4898+0.264%$1.7M$2.7M10xas long as short
Pacifica NEAR+0.0851%1h4.4840+0.133%$419K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1151%1h4.4857+0.172%$6K$6K10xas long as short