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+0.0460%/8h= +50.4% APRpaid last 24h +0.232%
Price spread now: Lighter against Bitget+0.234%7-day average +0.195% · you sell dearer than you buy
Net, funding: paid 7d − costs+$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.871%+$87 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.234%, 7d avg +0.195%
Together, before fees+0.849%+ Points / potential airdropLighter: Season 3 · farm board+$85 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Lighter is 0.040% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.195%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NEARUSDT4.34280.0100pay 0.0100% / 8h11m 22s$71.8M$127.9M75x
ShortLighter NEAR4.35300.0560get 0.0070% / 1h11m 22s$17.2M$25.4M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$96.6
Price spread: +0.234% → +0.195%
$3.96
Slippage, 4 orders
−$19.88
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$68.68
Costs to cover
0.319%
Break-even
2.0 days
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 12 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, 3 min ago0.46 bp9.6 bp −$1013.8 bp −$13824.0 bp −$2,401doesn't fit
Sell Lighter live order book, 12 min ago2.88 bp2.9 bp −$316.7 bp −$16768.4 bp −$6,840doesn'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%1h4.3419−0.020%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3460+0.073%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3451+0.053%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3368−0.138%$7.1M$38.4M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.647%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3440+0.028%$112K$499K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3463+0.081%$219.5M$428.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3460+0.074%$60.9M$294.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3601+0.397%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3438+0.023%$35.6M$62.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3440+0.028%$52.7M$46.0M75xas long as short
Bitget NEARUSDTlong+0.0100%8h4.3428long leg$71.8M$127.9M75x
Variational Omni NEAR+0.0100%8h4.3658+0.530%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3647+0.503%$253K$902K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3469+0.093%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3540+0.258%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3464+0.083%$277K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3487+0.136%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3510+0.189%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3385−0.099%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3350−0.180%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3468+0.093%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3415−0.031%$3.6M$16.6M25xas long as short
Aevo NEAR-PERP+0.0120%1h4.3400−0.064%$202K$38K3xas long as short
Aster NEARUSDT+0.0127%8h4.3458+0.070%$2.7M$4.8M50xas long as short
Hyperliquid NEAR+0.0138%1h4.3468+0.092%$350.3M$316.1M10xas long as short
HTX NEAR-USDT+0.0152%8h4.3460+0.074%$463K$3.8M75xas long as short
MEXC NEAR_USDT+0.0159%8h4.3440+0.028%$87.6M$153.6M200xas long as short
Binance NEARUSDT+0.0159%8h4.3470+0.097%$263.3M$1.09B75xas long as short
Kalshi KXNEARPERP+0.0176%8h4.3469+0.094%$981K$25.1M2.2xas long as short
BingX NEAR-USDC+0.0178%8h4.3450+0.051%$6.7Mas long as short
01 Exchange NEARUSD+0.0232%1h4.3449+0.048%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0282%8h4.3490+0.143%$13.2M$32.1M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0339% / S −0.0238%1h4.3423−0.011%$252K100xas long as short
Nado NEAR-PERP+0.0388%1h4.3425−0.007%$1.7M$3.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0418%1h4.3423−0.012%$1.9M$13.1M25xas long as short
Backpack NEAR_USDC_PERP+0.0457%1h4.3443+0.035%$1.0M$7.1M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3431+0.007%$2.3M$16.9M50xas long as short
Lighter RH NEAR+0.0512%1h4.3520+0.212%$1.5M$6.7M10xas long as short
Lighter NEARshort+0.0560%1h4.3530+0.234%$17.2M$25.4M15x
Arcus NEAR-USD+0.0638%1h4.3460+0.074%$228K$1.5M10xas long as short
Pacifica NEAR+0.0949%1h4.3469+0.095%$409K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3782+0.815%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3446+0.042%$608K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1129%1h4.3533+0.242%$5K$7K10xas long as short