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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 19:00 UTC+0.0028%/8hnext payment +$0.03 per $10,000 · paid last 24h −0.024%
Price spread now: Coinbase International against gTrade (Gains Network)−0.070%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$3003.005% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.073%−$7 on $10k
Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.070%, 7d avg −0.018%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.052% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of −0.018%). If the spread goes back, that is −$5 on $10k: about 6.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.1510L +0.0004% / S −0.0004%pay 0.0001% / 1h21m 36s$202K150x
ShortCoinbase International NEAR-PERP-INTX4.14810.0032get 0.0004% / 1h21m 36s$2.1M$12.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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
$5.83
Price spread: −0.070% → −0.018%
−$5.23
Slippage, 4 orders
−$280.47
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$299.86
Costs to cover
3.005%
Break-even
366.9 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 11 min ago; Coinbase International: live order book, 2 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 gTrade (Gains Network) virtual book (oracle venue), 11 min ago130.01 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.5Kdoesn't fit
Sell Coinbase International live order book, 2 min ago3.98 bp9.6 bp −$1016.1 bp −$161doesn'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%1h4.1436−0.178%$2K20xas long as short
Extended NEAR-USD−0.0032%1h4.1453−0.138%$3.5M$14.1M25xas long as short
dYdX NEAR-USD0.0000%1h4.1482−0.068%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1514+0.010%$421K$20.1M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.1489−0.051%$1.8M$2.0M25xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0004%1h4.1510long leg$202K150x
Coinbase International NEAR-PERP-INTXshort+0.0032%1h4.1481−0.070%$2.1M$12.7M50x
Popdex NEARUSDT+0.0096%1h4.1480−0.072%$105K$499K50xas long as short
Binance NEARUSDT+0.0100%8h4.1458−0.126%$239.0M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1422−0.212%$207.9M$429.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.1420−0.217%$57.2M$286.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1470−0.096%$307K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1537+0.064%$238K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1484−0.063%$29.3M$56.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1480−0.072%$81.5M$145.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1450−0.145%$57.6M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1474−0.087%$69.6M$127.4M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1460−0.120%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1325−0.446%$7.6M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1414−0.230%$263K$1.3M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1441−0.165%$1.4M$1.2M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1250−0.626%$112K$754K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1551+0.099%$221K$3.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1472−0.092%$52K$163K20xas long as short
SunX NEAR-USDT+0.0100%8h4.1500−0.024%$2K$1.5M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1435−0.181%$5K$45K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1430−0.193%$3.8M$8.5M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1459−0.122%$30K$2K10xas long as short
Aevo NEAR-PERP+0.0104%1h4.1446−0.154%$200K$66K3xas long as short
Aster NEARUSDT+0.0104%8h4.1405−0.253%$2.8M$5.7M50xas long as short
Injective NEAR/USDC PERP+0.0120%1h4.1000−1.229%$572$150K12xas long as short
01 Exchange NEARUSD+0.0200%1h4.1504−0.014%$12K$8K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1420−0.217%$12.6M$33.2M75xas long as short
Lighter RH NEAR+0.0232%1h4.1438−0.173%$1.4M$7.3M10xas long as short
Kraken Futures PF_NEARUSD+0.0241%1h4.1463−0.112%$7.4M$34.5M50xas long as short
Nado NEAR-PERP+0.0286%1h4.1440−0.169%$1.8M$3.9M10xas long as short
Pacifica NEAR+0.0319%1h4.1474−0.087%$439K$1.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0314%1h4.1505−0.012%$273K100xas long as short
RISEx NEAR/USDC+0.0378%1h4.1503−0.016%$397K$1.3M10xas long as short
Phoenix NEAR+0.0618%1h4.1391−0.287%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0640%1h4.1496−0.033%$15.4M$22.6M15xas long as short
Hyperliquid NEAR+0.0837%1h4.1444−0.159%$349.9M$305.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0955%1h4.1459−0.123%$1.4M$4.7M20xas long as short
Aftermath Perps NEARUSD+0.1095%1h4.1364−0.353%$5K$11K10xas long as short
HTX NEAR-USDT+0.1245%8h4.1690+0.434%$454K$4.1M75xas long as short