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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0176%/8h= −19.3% APRnext payment $0.22 per $10,000 · paid last 24h −0.046%
Price spread now: Coinbase International against Extended+0.307%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$410.405% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.205%−$20 on $10k
Price spread, last 3 days (all we have)−0.029%−$3 · spread now +0.307%, 7d avg +0.030%
Together, before fees−0.233%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.278% dearer against Extended than usual: you sell high and buy low (spread +0.307% now, against its 7-day average of +0.030%): +$28 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.26120.0104pay 0.0013% / 1h43m 27s$4.0M$15.9M25x
ShortCoinbase International NEAR-PERP-INTX4.2743−0.0072pay 0.0009% / 1h43m 27s$2.2M$13.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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
−$36.96
Price spread: +0.307% → +0.030%
$27.76
Slippage, 4 orders
−$25.5
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$49.7
Costs to cover
0.405%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; Coinbase International: 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 Extended live order book, 6 min ago3.02 bp5.7 bp −$68.4 bp −$84doesn't fitdoesn't fit
Sell Coinbase International live order book, 6 min ago6.65 bp14.7 bp −$1521.8 bp −$218doesn't fitdoesn'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%1h4.2738+0.295%$2K20xas long as short
Coinbase International NEAR-PERP-INTXshort−0.0072%1h4.2743+0.307%$2.2M$13.0M50x
dYdX NEAR-USD0.0000%1h4.2594−0.041%$110K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2687+0.176%$407K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2633+0.048%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−2.821%$578$302K12xas long as short
Bybit NEARUSDT+0.0093%8h4.2670+0.136%$219.2M$421.6M75xas long as short
Popdex NEARUSDT+0.0096%1h4.2660+0.112%$109K$496K50xas long as short
Variational Omni NEAR+0.0098%8h4.2670+0.135%$7.8M$18.0Mas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2613+0.001%$31K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.2621+0.020%$3.0M$5.6M50xas long as short
Pacifica NEAR+0.0100%1h4.2599−0.030%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2663+0.120%$252.7M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2700+0.206%$60.7M$285.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2640+0.066%$202K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000+0.910%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2617+0.012%$30.0M$58.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2630+0.042%$78.1M$140.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2630+0.042%$55.8M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2756+0.338%$71.1M$126.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2610−0.005%$138.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2703+0.214%$243K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2699+0.205%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2710+0.230%$178K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2770+0.371%$209K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2655+0.101%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2690+0.183%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2630+0.042%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2650+0.089%$3.9M$8.3M50xas long as short
Extended NEAR-USDlong+0.0104%1h4.2612long leg$4.0M$15.9M25x
Aevo NEAR-PERP+0.0104%1h4.2636+0.057%$205K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2648+0.085%$7.4M$36.9M50xas long as short
01 Exchange NEARUSD+0.0184%1h4.2654+0.098%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2710+0.230%$13.0M$30.6M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0374% / S −0.0313%1h4.2639+0.063%$273K100xas long as short
Lighter RH NEAR+0.0376%1h4.2654+0.098%$1.5M$7.0M10xas long as short
RISEx NEAR/USDC+0.0404%1h4.2662+0.118%$411K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0429%1h4.2682+0.164%$1.3M$5.5M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0430%1h4.2678+0.155%$1.9M$2.3M25xas long as short
Phoenix NEAR+0.0463%1h4.2745+0.312%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0796%1h4.2706+0.220%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0870%8h4.2720+0.253%$456K$3.6M75xas long as short
Hyperliquid NEAR+0.1099%1h4.2651+0.091%$367.6M$298.3M10xas long as short
Aftermath Perps NEARUSD+0.1178%1h4.2868+0.600%$5K$11K10xas long as short
Lighter NEAR+0.1832%1h4.2702+0.210%$16.4M$23.7M15xas long as short