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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Bitget+0.174%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 3 days (all we have)+0.154%+$15 · spread now +0.174%, 7d avg +0.090%
Together, before fees+0.214%+$21 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: ApeX Omni is 0.083% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NEARUSDT4.26360.0100pay 0.0100% / 8h44m 58s$70.8M$126.1M75x
ShortApeX Omni NEARUSDT4.27100.0100get 0.0013% / 1h44m 58s$178K$791K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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
Price spread: +0.174% → +0.090%
$8.31
Slippage, 4 orders
−$32.13
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$45.81
Costs to cover
0.541%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; ApeX Omni: live order book, 34 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 Bitget live order book, 4 min ago0.12 bp11.4 bp −$1115.3 bp −$15338.8 bp −$3,875doesn't fit
Sell ApeX Omni live order book, 34 min ago8.29 bp16.1 bp −$1693.2 bp −$932doesn'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+0.106%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2743+0.251%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2746+0.259%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2746+0.258%$395K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2693+0.133%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−2.876%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2710+0.174%$108K$498K50xas long as short
Bybit NEARUSDT+0.0096%8h4.2617−0.045%$218.9M$421.4M75xas long as short
Variational Omni NEAR+0.0098%8h4.2670+0.079%$7.8M$18.0Mas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2753+0.274%$31K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.2727+0.213%$3.0M$5.6M50xas long as short
Pacifica NEAR+0.0100%1h4.2749+0.264%$402K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2666+0.071%$252.7M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2620−0.038%$60.8M$284.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2750+0.267%$202K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000+0.854%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2682+0.108%$30.1M$58.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2650+0.033%$78.2M$140.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2670+0.080%$55.9M$43.5M75xas long as short
Bitget NEARUSDTlong+0.0100%8h4.2636long leg$70.8M$126.1M75x
BingX NEAR-USDC+0.0100%8h4.2650+0.033%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2986+0.822%$245K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2963+0.767%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.2710+0.174%$178K$791K50x
Polymarket Perps NEAR-USD+0.0100%1h4.2738+0.239%$209K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2708+0.169%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2730+0.220%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2681+0.106%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2700+0.150%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2620−0.037%$4.0M$15.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2705+0.162%$206K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2703+0.157%$7.4M$36.9M50xas long as short
01 Exchange NEARUSD+0.0200%1h4.2729+0.218%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2710+0.174%$13.0M$30.6M75xas long as short
Lighter RH NEAR+0.0368%1h4.2753+0.274%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0374% / S −0.0314%1h4.2693+0.133%$274K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2743+0.251%$412K$1.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0429%1h4.2738+0.239%$1.9M$2.3M25xas long as short
Backpack NEAR_USDC_PERP+0.0439%1h4.2727+0.213%$1.3M$5.5M20xas long as short
Phoenix NEAR+0.0463%1h4.2919+0.664%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0808%1h4.2685+0.116%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0874%8h4.2790+0.361%$457K$3.7M75xas long as short
Hyperliquid NEAR+0.1128%1h4.2763+0.298%$368.6M$298.2M10xas long as short
Aftermath Perps NEARUSD+0.1181%1h4.2914+0.651%$5K$11K10xas long as short
Lighter NEAR+0.1856%1h4.2807+0.401%$16.5M$23.7M15xas long as short