Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bitget+0.022%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$340.345% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 7 days+0.044%+$4 · spread now +0.022%, 7d avg +0.039%

Together, before fees+0.065%+$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NEARUSDT	4.2777	0.0100	pay 0.0100% / 8h	22m 48s	$71.0M	$126.0M	75x
Short	Binance NEARUSDT	4.2786	0.0100	get 0.0100% / 8h	22m 48s	$253.3M	$1.08B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → +0.039%: −$1.77
Slippage, 4 orders: −$12.5
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$36.27
Costs to cover: 0.345%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 1 min ago	0.35 bp	9.5 bp −$10	12.5 bp −$125	23.8 bp −$2,384	doesn't fit
Sell Binance live order book, 6 min ago	1.17 bp	8.4 bp −$8	14.4 bp −$144	37.3 bp −$3,726	119.7 bp −$59.8K

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.2659	−0.277%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0072%	1h	4.2585	−0.449%	$2.2M	$13.0M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2793	+0.037%	$111K	$62K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2538	−0.559%	$337K	$18.8M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2695	−0.191%	$201K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.196%	$578	$302K	12x	as long as short
Bybit NEARUSDT	+0.0061%	8h	4.2800	+0.054%	$218.5M	$422.0M	75x	as long as short
Variational Omni NEAR	+0.0062%	8h	4.2470	−0.717%	$7.9M	$18.4M	—	as long as short
01 Exchange NEARUSD	+0.0088%	1h	4.2673	−0.243%	$13K	$7K	10x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2670	−0.250%	$109K	$497K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2808	+0.073%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2766	−0.027%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2801	+0.056%	$401K	$1.2M	10x	as long as short
Binance NEARUSDTshort	+0.0100%	8h	4.2786	+0.022%	$253.3M	$1.08B	75x
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2800	+0.054%	$60.8M	$286.4M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2640	−0.320%	$195K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2551	−0.529%	$242K	$2K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2750	−0.063%	$30.7M	$59.9M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2800	+0.054%	$78.3M	$141.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2830	+0.124%	$55.7M	$43.4M	75x	as long as short
Bitget NEARUSDTlong	+0.0100%	8h	4.2777	long leg	$71.0M	$126.0M	75x
BingX NEAR-USDT	+0.0100%	8h	4.2750	−0.063%	—	$140.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2470	−0.717%	$242K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2778	+0.003%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2500	−0.648%	$178K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2694	−0.194%	$195K	$3.4M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2721	−0.131%	$57K	$194K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2750	−0.063%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2710	−0.157%	$12K	$50K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2730	−0.110%	$3.8M	$8.6M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2720	−0.133%	$3.9M	$16.1M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2699	−0.182%	$201K	$66K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0119%	1h	4.2726	−0.119%	$7.4M	$37.3M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2680	−0.227%	$13.1M	$29.3M	75x	as long as short
Lighter RH NEAR	+0.0336%	1h	4.2835	+0.136%	$1.5M	$7.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0375% / S −0.0314%	1h	4.2701	−0.177%	$274K	—	100x	as long as short
RISEx NEAR/USDC	+0.0404%	1h	4.2668	−0.254%	$415K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0448%	1h	4.2793	+0.037%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0463%	1h	4.2601	−0.411%	$1.8M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0709%	1h	4.2645	−0.308%	$1.9M	$3.4M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0710%	1h	4.2747	−0.070%	$1.9M	$2.5M	25x	as long as short
Hyperliquid NEAR	+0.0738%	1h	4.2836	+0.138%	$368.0M	$298.6M	10x	as long as short
HTX NEAR-USDT	+0.0807%	8h	4.2810	+0.077%	$460K	$3.7M	75x	as long as short
Aftermath Perps NEARUSD	+0.1146%	1h	4.2647	−0.305%	$6K	$11K	10x	as long as short
Lighter NEAR	+0.1696%	1h	4.2889	+0.262%	$16.5M	$23.9M	15x	as long as short