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+0.0096%/8h= +10.5% APRpaid last 24h +0.029%
Price spread now: Orderly against gTrade (Gains Network)−0.173%7-day average +0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.093%+$9 on $10k
Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.173%, 7d avg +0.010%
Together, before fees+0.255%+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Orderly is 0.183% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.173% now, against its 7-day average of +0.010%). If the spread goes back, that is −$18 on $10k: about 6.4 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.4563L +0.0004% / S −0.0006%pay 0.0001% / 1h40m 20s$168K150x
ShortOrderly PERP_NEAR_USDC4.44860.0100get 0.0100% / 8h1h 40m$58K$235K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$20.1
Price spread: −0.173% → +0.010%
−$18.3
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$14.2
Costs to cover
0.160%
Break-even
11.9 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 4 min ago; Orderly: no order-book sample. Net counts fees only.

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), 4 min ago130.01 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.5Kdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.4558−0.011%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4644+0.182%$110K$68K10xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0006%1h4.4563long leg$168K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.075%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4640+0.173%$111K$494K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4450−0.254%$228.7M$436.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4460−0.231%$63.1M$299.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5008+0.999%$256K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4560−0.007%$35.3M$60.2M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4580+0.038%$52.9M$46.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4550−0.029%$73.8M$127.7M75xas long as short
Variational Omni NEAR+0.0100%8h4.4927+0.817%$9.1M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4779+0.485%$262K$967K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4740+0.397%$168K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4607+0.099%$294K$4.0M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.4486−0.173%$58K$235K20x
SunX NEAR-USDT+0.0100%8h4.4990+0.958%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4870+0.689%$469K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4750+0.420%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0106%8h4.4700+0.307%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0124%8h4.4854+0.653%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4528−0.080%$207K$40K3xas long as short
BingX NEAR-USDC+0.0185%8h4.4580+0.038%$6.7Mas long as short
MEXC NEAR_USDT+0.0189%8h4.4600+0.083%$84.6M$146.1M200xas long as short
Binance NEARUSDT+0.0190%8h4.4592+0.066%$271.5M$1.09B75xas long as short
SoDEX NEAR-USD+0.0194%1h4.4915+0.790%$5K$53K10xas long as short
Kalshi KXNEARPERP+0.0292%8h4.4833+0.606%$1.1M$25.0M2.2xas long as short
Extended NEAR-USD+0.0304%1h4.4620+0.128%$3.7M$18.8M25xas long as short
BloFin NEAR-USDT+0.0310%8h4.4790+0.509%$13.6M$33.0M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0335% / S −0.0229%1h4.4554−0.020%$256K100xas long as short
Aster NEARUSDT+0.0336%8h4.4583+0.046%$2.9M$5.0M50xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4871+0.691%$2.3M$16.6M50xas long as short
01 Exchange NEARUSD+0.0472%1h4.4667+0.233%$13K$7K10xas long as short
Hyperliquid NEAR+0.0555%1h4.4622+0.132%$367.3M$311.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0575%1h4.4772+0.469%$1.3M$6.6M20xas long as short
Nado NEAR-PERP+0.0580%1h4.4594+0.070%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0650%1h4.4891+0.736%$7.4M$38.3M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4690+0.285%$227K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0908%1h4.4955+0.880%$2.0M$12.3M25xas long as short
Lighter RH NEAR+0.0984%1h4.4793+0.516%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.5134+1.281%$1.9M$2.5M10xas long as short
Lighter NEAR+0.1008%1h4.4760+0.443%$17.5M$24.8M15xas long as short
Pacifica NEAR+0.1187%1h4.4718+0.348%$412K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1259%1h4.4754+0.428%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4674+0.248%$670K$1.4M10xas long as short