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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0388%/8h= −42.5% APRnext payment $0.48 per $10,000 · paid last 24h +0.027%
Price spread now: Bulk against Coinbase International+0.013%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.601% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.163%+$16 on $10k
Price spread, last 4 days (all we have)−0.333%−$33 · spread now +0.013%, 7d avg +0.012%
Together, before fees−0.170%−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.163%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NEAR-PERP-INTX4.35950.0488pay 0.0061% / 1h11m 11s$2.3M$17.0M50x
ShortBulk NEAR-USD4.36010.0100get 0.0013% / 1h11m 11s$248K−$010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Coinbase International. 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
−$81.48
Price spread: +0.013% → +0.012%
$0.08
Slippage, 4 orders
−$43.12
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$141.52
Costs to cover
0.601%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Bulk: live order book, 28 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 Coinbase International live order book, 3 min ago5.72 bp17.4 bp −$1723.1 bp −$231doesn't fitdoesn't fit
Sell Bulk live order book, 28 min ago11.56 bp15.1 bp −$1515.1 bp −$15134.5 bp −$3,44955.3 bp −$27.7K

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%1h4.3419−0.403%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3460−0.310%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3451−0.331%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3528−0.154%$7.1M$38.2M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.012%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3440−0.356%$112K$499K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3500−0.218%$219.7M$428.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3500−0.218%$61.1M$294.9M50xas long as short
Bulk NEAR-USDshort+0.0100%1h4.3601+0.013%$248K−$010x
Gate NEAR_USDT+0.0100%8h4.3438−0.360%$35.6M$62.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3440−0.356%$52.7M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3491−0.239%$71.9M$127.9M75xas long as short
Variational Omni NEAR+0.0100%8h4.3658+0.145%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3647+0.118%$253K$902K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3469−0.290%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3540−0.126%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3464−0.300%$277K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3487−0.248%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3500−0.218%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3495−0.229%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3510−0.195%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3468−0.290%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3485−0.253%$3.6M$16.6M25xas long as short
Aevo NEAR-PERP+0.0120%1h4.3519−0.175%$202K$38K3xas long as short
Aster NEARUSDT+0.0127%8h4.3505−0.206%$2.7M$4.8M50xas long as short
Hyperliquid NEAR+0.0138%1h4.3468−0.291%$350.3M$316.1M10xas long as short
HTX NEAR-USDT+0.0153%8h4.3640+0.103%$465K$3.8M75xas long as short
MEXC NEAR_USDT+0.0159%8h4.3520−0.172%$87.8M$153.6M200xas long as short
Binance NEARUSDT+0.0159%8h4.3519−0.174%$263.6M$1.09B75xas long as short
BingX NEAR-USDT+0.0171%8h4.3450−0.333%$144.4Mas long as short
Kalshi KXNEARPERP+0.0174%8h4.3472−0.282%$981K$25.1M2.2xas long as short
01 Exchange NEARUSD+0.0232%1h4.3449−0.335%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0279%8h4.3500−0.218%$13.3M$32.1M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0339% / S −0.0239%1h4.3504−0.209%$252K100xas long as short
Nado NEAR-PERP+0.0388%1h4.3425−0.390%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0457%1h4.3443−0.349%$1.0M$7.1M20xas long as short
Coinbase International NEAR-PERP-INTXlong+0.0488%1h4.3595long leg$2.3M$17.0M50x
Lighter RH NEAR+0.0504%1h4.3562−0.076%$1.5M$6.7M10xas long as short
Lighter NEAR+0.0560%1h4.3576−0.043%$17.2M$25.4M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3460−0.310%$228K$1.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0854%1h4.3527−0.156%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.0949%1h4.3469−0.288%$409K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3782+0.429%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3446−0.342%$608K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1129%1h4.3533−0.142%$5K$7K10xas long as short