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: Orderly against BloFin−0.044%7-day average +0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.245%−$25 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.044%, 7d avg +0.002%
Together, before fees−0.148%−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Orderly is 0.046% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.002%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.32100.0220pay 0.0220% / 8h3h 06m$13.5M$31.9M75x
ShortOrderly PERP_NEAR_USDC4.31910.0100get 0.0100% / 8h3h 06m$57K$246K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: −0.044% → +0.002%
−$4.62
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$47.82
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

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 ago2.31 bp8.3 bp −$812.1 bp −$12128.9 bp −$2,89378.4 bp −$39.2K
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.3172−0.087%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3132−0.180%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3150−0.139%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.166%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3234+0.056%$2.3M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3200−0.023%$110K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.3180−0.069%$263.7M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3128−0.190%$213.4M$425.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3150−0.139%$61.0M$286.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3449+0.553%$248K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3154−0.130%$32.1M$62.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3180−0.069%$74.0M$146.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3180−0.069%$53.5M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3135−0.174%$71.2M$127.3M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3160−0.116%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3247+0.086%$8.2M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3144−0.153%$252K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3206−0.010%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3130−0.185%$166K$795K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.32100.000%$270K$3.9M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.3191−0.044%$57K$246K20x
SunX NEAR-USDT+0.0100%8h4.3280+0.162%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3280+0.162%$467K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3200−0.023%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3121−0.207%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3195−0.035%$201K$37K3xas long as short
BloFin NEAR-USDTlong+0.0220%8h4.3210long leg$13.5M$31.9M75x
Pacifica NEAR+0.0263%1h4.3169−0.095%$398K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0264%8h4.3199−0.025%$869K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3152−0.135%$233K100xas long as short
Aster NEARUSDT+0.0335%8h4.3170−0.093%$2.8M$5.5M50xas long as short
SoDEX NEAR-USD+0.0335%1h4.3175−0.081%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3256+0.106%$13K$7K10xas long as short
Nado NEAR-PERP+0.0559%1h4.3158−0.121%$1.8M$3.1M10xas long as short
Extended NEAR-USD+0.0560%1h4.3164−0.107%$3.8M$19.8M25xas long as short
Backpack NEAR_USDC_PERP+0.0570%1h4.3191−0.044%$1.3M$6.8M20xas long as short
Hyperliquid NEAR+0.0583%1h4.3195−0.035%$353.8M$312.5M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3160−0.116%$212K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0714%1h4.3179−0.072%$7.6M$38.9M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0816%1h4.3198−0.028%$1.9M$9.9M25xas long as short
Lighter RH NEAR+0.0920%1h4.32100.000%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3324+0.264%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1072%1h4.3226+0.038%$17.4M$25.1M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3230+0.047%$671K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1581%1h4.3250+0.094%$5K$12K10xas long as short