Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: BingX against Bybit−0.011%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$320.321% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 7 days+0.032%+$3 · spread now −0.011%, 7d avg +0.014%
Together, before fees−0.005%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.025% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEARUSDT4.49750.0100pay 0.0100% / 8h5h 48m$232.2M$427.6M75x
ShortBingX NEAR-USDT4.49700.0100get 0.0100% / 8h5h 48m$76.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$0
Price spread: −0.011% → +0.014%
−$2.53
Slippage, 4 orders
−$11.12
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$34.64
Costs to cover
0.321%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 9 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 Bybit live order book, 4 min ago1.11 bp9.1 bp −$914.2 bp −$14233.7 bp −$3,368146.1 bp −$73.1K
Sell BingX live order book, 9 min ago1.11 bp8.8 bp −$910.4 bp −$10421.5 bp −$2,15247.4 bp −$23.7K

NEAR on 45 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0235%1h4.4954−0.048%$7.4M$36.9M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4859−0.258%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4874−0.224%$110K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4988+0.029%$846K$26.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4976+0.001%$169K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.927%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4890−0.189%$123K$503K50xas long as short
Aster NEARUSDT+0.0100%8h4.4986+0.024%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4980+0.011%$272.9M$1.08B75xas long as short
Bybit NEARUSDTlong+0.0100%8h4.4975long leg$232.2M$427.6M75x
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4950−0.056%$64.3M$299.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4950−0.056%$268K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4958−0.038%$40.0M$62.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4960−0.033%$77.5M$167.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4990+0.033%$53.4M$43.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4945−0.067%$74.6M$126.4M75xas long as short
BingX NEAR-USDTshort+0.0100%8h4.4970−0.011%$76.6M
Variational Omni NEAR+0.0100%8h4.4874−0.226%$8.9M$16.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4861−0.253%$265K$869K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4810−0.367%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4790−0.411%$167K$823K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4927−0.107%$279K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5000+0.056%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5010+0.078%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4985+0.022%$5K$39K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5000+0.056%$467K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4980+0.011%$3.4M$7.9M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4922−0.119%$33K$24510xas long as short
Extended NEAR-USD+0.0104%1h4.4973−0.005%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.49750.000%$209K$38K3xas long as short
Nado NEAR-PERP+0.0199%1h4.4940−0.078%$1.8M$3.1M10xas long as short
01 Exchange NEARUSD+0.0216%1h4.4907−0.151%$13K$4K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4820−0.345%$12.9M$32.5M75xas long as short
Hyperliquid NEAR+0.0221%1h4.4994+0.042%$362.5M$314.7M10xas long as short
Lighter NEAR+0.0280%1h4.5010+0.077%$17.6M$23.3M15xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0226%1h4.4950−0.055%$263K100xas long as short
Arcus NEAR-USD+0.0343%1h4.4930−0.100%$227K$1.4M10xas long as short
Lighter RH NEAR+0.0368%1h4.5021+0.102%$1.6M$5.8M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.4907−0.150%$634K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.5027+0.116%$2.3M$17.6M50xas long as short
Backpack NEAR_USDC_PERP+0.0657%1h4.5008+0.073%$1.1M$7.1M20xas long as short
Phoenix NEAR+0.0741%1h4.4898−0.171%$1.7M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0839%1h4.5029+0.120%$1.9M$13.0M25xas long as short
Pacifica NEAR+0.0851%1h4.4884−0.202%$420K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1148%1h4.4893−0.182%$6K$6K10xas long as short