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+0.0112%/8h= +12.3% APRnext payment +$1.12 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.137%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$330.329% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days−0.143%−$14 · spread now +0.137%, 7d avg +0.010%
Together, before fees−0.151%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.127% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEAR_USDT4.38800.0100pay 0.0100% / 8h1h 16m$35.6M$62.1M75x
ShortMEXC NEAR_USDT4.39400.0212get 0.0212% / 8h1h 16m$78.5M$149.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
$23.52
Price spread: +0.137% → +0.010%
$12.71
Slippage, 4 orders
−$17.94
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
$3.3
Costs to cover
0.329%
Break-even
6.0 days
Slippage from Gate: live order book, 2 min ago; MEXC: 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 Gate live order book, 2 min ago1.47 bp16.9 bp −$1722.8 bp −$22838.5 bp −$3,84552.5 bp −$26.3K
Sell MEXC live order book, 2 min ago1.13 bp3.2 bp −$35.1 bp −$5129.1 bp −$2,91173.3 bp −$36.6K

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%1h4.3984+0.238%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3877−0.008%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3949+0.157%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.629%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.38800.000%$111K$484K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3907+0.062%$222.6M$430.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.38800.000%$62.0M$293.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4150+0.615%$252K−$010xas long as short
Gate NEAR_USDTlong+0.0100%8h4.3880long leg$35.6M$62.1M75x
KuCoin NEARUSDTM+0.0100%8h4.3910+0.068%$53.1M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3888+0.018%$72.6M$127.3M75xas long as short
Variational Omni NEAR+0.0100%8h4.4097+0.495%$8.8M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4272+0.893%$259K$917K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4140+0.593%$166K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4013+0.303%$293K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3960+0.182%$59K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4010+0.296%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4060+0.410%$461K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3970+0.205%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0104%8h4.3920+0.091%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0109%8h4.4271+0.891%$1.5M$1.5M10xas long as short
Extended NEAR-USD+0.0120%1h4.3876−0.009%$3.7M$18.2M25xas long as short
Aevo NEAR-PERP+0.0136%1h4.3970+0.206%$204K$38K3xas long as short
SoDEX NEAR-USD+0.0152%1h4.3937+0.130%$5K$53K10xas long as short
BingX NEAR-USDC+0.0200%8h4.3910+0.068%$6.7Mas long as short
MEXC NEAR_USDTshort+0.0212%8h4.3940+0.137%$78.5M$149.6M200x
Binance NEARUSDT+0.0213%8h4.3921+0.093%$267.9M$1.08B75xas long as short
Kalshi KXNEARPERP+0.0242%8h4.4068+0.428%$1.0M$24.9M2.2xas long as short
Aster NEARUSDT+0.0291%8h4.3920+0.090%$2.8M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0199%1h4.3953+0.166%$234K100xas long as short
BloFin NEAR-USDT+0.0333%8h4.3940+0.137%$13.5M$32.5M75xas long as short
Backpack NEAR_USDC_PERP+0.0420%1h4.3959+0.180%$1.3M$6.9M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.3986+0.242%$2.3M$16.6M50xas long as short
01 Exchange NEARUSD+0.0456%1h4.3994+0.260%$13K$7K10xas long as short
Hyperliquid NEAR+0.0511%1h4.3974+0.214%$358.8M$313.3M10xas long as short
Nado NEAR-PERP+0.0547%1h4.3995+0.262%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0664%1h4.3923+0.099%$7.2M$38.2M50xas long as short
Lighter NEAR+0.0800%1h4.3981+0.231%$17.3M$25.3M15xas long as short
Arcus NEAR-USD+0.0880%1h4.3920+0.091%$226K$1.6M10xas long as short
Lighter RH NEAR+0.0888%1h4.3960+0.182%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4318+0.998%$1.8M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1162%1h4.3985+0.239%$1.9M$13.0M25xas long as short
Pacifica NEAR+0.1187%1h4.3932+0.120%$419K$1.4M10xas long as short
RISEx NEAR/USDC+0.1259%1h4.3910+0.069%$663K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1302%1h4.4165+0.650%$5K$12K10xas long as short