Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Bitget+0.018%7-day average +0.006% · 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−$370.368% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 7 days+0.034%+$3 · spread now +0.018%, 7d avg +0.006%

Together, before fees+0.083%+$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NEARUSDT	4.4392	0.0100	pay 0.0100% / 8h	2h 01m	$73.3M	$127.0M	75x
Short	OKX NEAR-USDT-SWAP	4.4400	0.0100	get 0.0100% / 8h	2h 01m	$62.7M	$296.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.018%Rate

Funding earned: $0
Price spread: +0.018% → +0.006%: $1.18
Slippage, 4 orders: −$14.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$35.62
Costs to cover: 0.368%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago	0.57 bp	11.5 bp −$12	18.0 bp −$180	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.13 bp	7.5 bp −$8	12.0 bp −$120	31.4 bp −$3,135	doesn't fit

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	4.4397	+0.012%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4367	−0.057%	$109K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4446	+0.122%	$168K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.717%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4390	−0.005%	$113K	$501K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4400	+0.018%	$223.5M	$422.2M	75x	as long as short
OKX NEAR-USDT-SWAPshort	+0.0100%	8h	4.4400	+0.018%	$62.7M	$296.3M	50x
Bulk NEAR-USD	+0.0100%	1h	4.4419	+0.062%	$253K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4399	+0.016%	$34.0M	$61.4M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4420	+0.063%	$53.5M	$46.0M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDTlong	+0.0100%	8h	4.4392	long leg	$73.3M	$127.0M	75x
Variational Omni NEAR	+0.0100%	8h	4.4197	−0.439%	$8.9M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4253	−0.312%	$258K	$966K	20x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4433	+0.092%	$273K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4489	+0.219%	$58K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4540	+0.333%	$1K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4500	+0.243%	$474K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4440	+0.108%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.4402	+0.022%	$32K	$608	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0116%	8h	4.4341	−0.114%	$1.5M	$1.5M	10x	as long as short
Aevo NEAR-PERP	+0.0120%	1h	4.4505	+0.255%	$207K	$40K	3x	as long as short
BingX NEAR-USDT	+0.0144%	8h	4.4430	+0.086%	—	$144.0M	—	as long as short
MEXC NEAR_USDT	+0.0146%	8h	4.4450	+0.131%	$85.0M	$147.0M	200x	as long as short
Binance NEARUSDT	+0.0153%	8h	4.4427	+0.079%	$269.4M	$1.09B	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.4545	+0.345%	$2.3M	$16.5M	50x	as long as short
BloFin NEAR-USDT	+0.0264%	8h	4.4300	−0.207%	$13.4M	$32.7M	75x	as long as short
Kalshi KXNEARPERP	+0.0312%	8h	4.4459	+0.151%	$1.1M	$24.7M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0315% / S −0.0201%	1h	4.4444	+0.117%	$238K	—	100x	as long as short
Aster NEARUSDT	+0.0345%	8h	4.4400	+0.018%	$2.9M	$5.1M	50x	as long as short
Nado NEAR-PERP	+0.0387%	1h	4.4389	−0.008%	$1.7M	$3.2M	10x	as long as short
Extended NEAR-USD	+0.0448%	1h	4.4418	+0.059%	$3.7M	$19.2M	25x	as long as short
ApeX Omni NEARUSDT	+0.0450%	1h	4.4150	−0.545%	$167K	$803K	50x	as long as short
SoDEX NEAR-USD	+0.0497%	1h	4.4455	+0.142%	$5K	$52K	10x	as long as short
Hyperliquid NEAR	+0.0691%	1h	4.4471	+0.178%	$366.0M	$311.7M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0702%	1h	4.4493	+0.228%	$1.3M	$6.5M	20x	as long as short
01 Exchange NEARUSD	+0.0704%	1h	4.4468	+0.171%	$13K	$7K	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0711%	1h	4.4456	+0.145%	$7.4M	$39.1M	50x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.4470	+0.176%	$223K	$1.6M	10x	as long as short
Pacifica NEAR	+0.0847%	1h	4.4422	+0.068%	$407K	$1.4M	10x	as long as short
Lighter NEAR	+0.0928%	1h	4.4480	+0.199%	$17.4M	$25.3M	15x	as long as short
Phoenix NEAR	+0.1033%	1h	4.4241	−0.340%	$1.8M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1112%	1h	4.4478	+0.194%	$1.5M	$7.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1122%	1h	4.4508	+0.261%	$2.0M	$12.1M	25x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.4449	+0.129%	$691K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1239%	1h	4.4037	−0.801%	$5K	$12K	10x	as long as short