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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: BingX against BloFin+0.270%7-day average −0.025% · 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+$3as in the Price arb table
costs, in and out, $10k−$270.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.282%−$28 on $10k
Price spread, last 4 days (all we have)−1.066%−$107 · spread now +0.270%, 7d avg −0.025%
Together, before fees−1.347%−$135 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.295% dearer against BloFin than usual: you sell high and buy low (spread +0.270% now, against its 7-day average of −0.025%): +$30 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.44200.0220pay 0.0220% / 8h5h 26m$13.7M$31.6M75x
ShortBingX NEAR-USDT4.45400.0100get 0.0100% / 8h5h 26m$145.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$25.2
Price spread: +0.270% → −0.025%
$29.51
Slippage, 4 orders
−$4.51
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$22.21
Costs to cover
0.265%
Break-even
from the start
Slippage from BloFin: live order book, 2 min ago; BingX: live order book, 2 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 BloFin live order book, 2 min ago1.13 bp7.1 bp −$79.8 bp −$9836.1 bp −$3,61595.3 bp −$47.7K
Sell BingX live order book, 2 min ago1.13 bp6.1 bp −$69.3 bp −$9320.6 bp −$2,06246.9 bp −$23.4K

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%1h4.4264−0.351%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.4300−0.270%$2.2M$14.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.4381−0.089%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4367−0.119%$572K$20.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.4307−0.253%$200K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.776%$578$302K12xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0088%1h4.4364−0.126%$1.9M$4.4M25xas long as short
Popdex NEARUSDT+0.0096%1h4.4350−0.158%$116K$490K50xas long as short
Pacifica NEAR+0.0100%1h4.4353−0.151%$419K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4571+0.339%$270.6M$1.08B75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.4550+0.293%$224.1M$418.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4510+0.203%$63.8M$295.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4421+0.002%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4544+0.279%$32.3M$63.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4560+0.315%$77.0M$143.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4570+0.338%$55.9M$44.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4521+0.227%$73.4M$127.1M75xas long as short
BingX NEAR-USDTshort+0.0100%8h4.4540+0.270%$145.1M
Variational Omni NEAR+0.0100%8h4.4186−0.527%$8.7M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4398−0.050%$266K$984K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4397−0.051%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4160−0.585%$172K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4349−0.160%$212K$3.7M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4298−0.275%$61K$195K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4430+0.023%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4380−0.090%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4510+0.203%$463K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4400−0.045%$3.9M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4336−0.190%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.4523+0.232%$3.8M$18.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4354−0.148%$207K$34K3xas long as short
BloFin NEAR-USDTlong+0.0220%8h4.4420long leg$13.7M$31.6M75x
Aster NEARUSDT+0.0240%8h4.4530+0.249%$3.1M$5.4M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0353% / S −0.0246%1h4.4300−0.269%$261K100xas long as short
01 Exchange NEARUSD+0.0368%1h4.4356−0.144%$13K$7K10xas long as short
Nado NEAR-PERP+0.0402%1h4.4280−0.315%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0410%1h4.4390−0.068%$211K$1.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0540%1h4.4498+0.176%$1.4M$6.6M20xas long as short
Kraken Futures PF_NEARUSD+0.0694%1h4.4370−0.113%$8.2M$40.9M50xas long as short
Hyperliquid NEAR+0.0695%1h4.4520+0.225%$370.6M$309.4M10xas long as short
Lighter RH NEAR+0.0696%1h4.4460+0.090%$1.6M$6.9M10xas long as short
Phoenix NEAR+0.0855%1h4.4364−0.126%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.4386−0.076%$538K$1.3M10xas long as short
Lighter NEAR+0.1272%1h4.4455+0.078%$17.8M$25.9M15xas long as short
Aftermath Perps NEARUSD+0.1660%1h4.4306−0.257%$6K$12K10xas long as short