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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0121%/8h= +13.3% APRnext payment +$1.21 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against Bybit+0.028%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$370.372% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.057%−$6 · spread now +0.028%, 7d avg −0.007%
Together, before fees−0.057%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.035% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEARUSDT4.2880−0.0021get 0.0021% / 8h7h 28m$216.7M$415.7M75x
ShortBitget NEARUSDT4.28920.0100get 0.0100% / 8h7h 28m$71.1M$124.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$25.5
Price spread: +0.028% → −0.007%
$3.47
Slippage, 4 orders
−$14.2
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$8.23
Costs to cover
0.372%
Break-even
9.3 days
Slippage from Bybit: live order book, 6 min ago; Bitget: live order book, 6 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, 6 min ago1.18 bp7.3 bp −$713.1 bp −$13137.0 bp −$3,701197.0 bp −$98.5K
Sell Bitget live order book, 6 min ago0.24 bp11.4 bp −$1115.8 bp −$15833.8 bp −$3,385doesn'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%1h4.2808−0.167%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.2890+0.024%$7.2M$37.3M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2777−0.240%$2.2M$12.9M50xas long as short
01 Exchange NEARUSD−0.0024%1h4.2791−0.208%$13K$7K10xas long as short
Bybit NEARUSDTlong−0.0021%8h4.2880long leg$216.7M$415.7M75x
Variational Omni NEAR−0.0005%8h4.2608−0.633%$8.0M$18.7Mas long as short
dYdX NEAR-USD0.0000%1h4.2776−0.242%$111K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2838−0.098%$416K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2852−0.066%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.428%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0034%8h4.2837−0.100%$30.8M$59.5M75xas long as short
Popdex NEARUSDT+0.0096%1h4.2800−0.187%$114K$483K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.2894+0.033%$57K$191K20xas long as short
Paradex NEAR-USD-PERP+0.0099%8h4.2793−0.202%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.2798−0.192%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2800−0.187%$395K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2854−0.060%$253.7M$1.06B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.28800.000%$60.2M$278.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2810−0.163%$196K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2789−0.211%$244K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.2820−0.140%$76.7M$140.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2840−0.093%$56.2M$42.8M75xas long as short
Bitget NEARUSDTshort+0.0100%8h4.2892+0.028%$71.1M$124.2M75x
BingX NEAR-USDT+0.0100%8h4.2850−0.070%$141.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.2606−0.639%$254K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2603−0.646%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2320−1.306%$177K$788K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2840−0.093%$206K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2890+0.023%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2900+0.047%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2990+0.257%$461K$3.6M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2720−0.373%$3.8M$8.6M50xas long as short
Extended NEAR-USD+0.0104%1h4.2881+0.002%$3.8M$16.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2894+0.032%$200K$28K3xas long as short
Hyperliquid NEAR+0.0155%1h4.2863−0.038%$359.5M$304.9M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2730−0.350%$13.0M$28.1M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0306%1h4.2840−0.093%$272K100xas long as short
Lighter RH NEAR+0.0376%1h4.2837−0.100%$1.6M$6.9M10xas long as short
Backpack NEAR_USDC_PERP+0.0409%1h4.2813−0.156%$1.3M$5.8M20xas long as short
RISEx NEAR/USDC+0.0428%1h4.2823−0.133%$406K$1.2M10xas long as short
Nado NEAR-PERP+0.0468%1h4.2797−0.193%$1.9M$3.2M10xas long as short
Phoenix NEAR+0.0499%1h4.2669−0.492%$1.8M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0519%1h4.2929+0.114%$1.9M$3.4M25xas long as short
Aftermath Perps NEARUSD+0.1304%1h4.2655−0.525%$5K$12K10xas long as short
Lighter NEAR+0.1904%1h4.2870−0.023%$17.1M$24.3M15xas long as short