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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Pacifica against Gate+0.107%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$530.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.350%−$35 · spread now +0.107%, 7d avg +0.047%
Together, before fees−0.287%+ Points / potential airdropPacifica: Active · farm board−$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.060% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NEAR_USDT4.21520.0100pay 0.0100% / 8h1h 17m$30.3M$57.8M75x
ShortPacifica NEAR4.21970.0100get 0.0013% / 1h17m 57s$364K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0
Price spread: +0.107% → +0.047%
$6.02
Slippage, 4 orders
−$29.67
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$46.65
Costs to cover
0.527%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Pacifica: 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 Gate live order book, 1 min ago2.84 bp14.0 bp −$1422.7 bp −$22736.7 bp −$3,67251.3 bp −$25.7K
Sell Pacifica live order book, 6 min ago2.15 bp15.7 bp −$16doesn't fitdoesn'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%1h4.2180+0.066%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.2182+0.071%$2.2M$12.9M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−1.760%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.2215+0.149%$109K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2165+0.031%$432K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2187+0.083%$209K150xas long as short
Kraken Futures PF_NEARUSD+0.0048%1h4.2170+0.042%$7.7M$36.6M50xas long as short
Popdex NEARUSDT+0.0096%1h4.2180+0.066%$108K$482K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2185+0.078%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2210+0.138%$3.0M$5.7M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEARshort+0.0100%1h4.2197+0.107%$364K$1.2M10x
Binance NEARUSDT+0.0100%8h4.2170+0.043%$242.5M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2150−0.005%$215.4M$422.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2150−0.005%$58.5M$278.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2190+0.090%$227K$1.7M10xas long as short
Gate NEAR_USDTlong+0.0100%8h4.2152long leg$30.3M$57.8M75x
MEXC NEAR_USDT+0.0100%8h4.2130−0.052%$83.3M$142.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2190+0.090%$55.5M$44.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2136−0.038%$69.8M$125.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2160+0.019%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1950−0.480%$7.8M$18.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.1992−0.380%$240K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2030−0.289%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2020−0.313%$176K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2210+0.138%$205K$3.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2194+0.100%$53K$189K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2230+0.185%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2150−0.005%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2150−0.005%$3.9M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2042−0.261%$240K$2K10xas long as short
Extended NEAR-USD+0.0104%1h4.2111−0.098%$3.9M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2182+0.071%$203K$62K3xas long as short
01 Exchange NEARUSD+0.0112%1h4.2195+0.102%$12K$7K10xas long as short
Lighter RH NEAR+0.0128%1h4.2163+0.026%$1.5M$7.0M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0200%1h4.2208+0.133%$1.9M$2.2M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.2120−0.076%$12.4M$31.8M75xas long as short
RISEx NEAR/USDC+0.0364%1h4.2213+0.144%$413K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0382% / S −0.0327%1h4.2187+0.082%$284K100xas long as short
Hyperliquid NEAR+0.0418%1h4.2238+0.204%$358.3M$293.9M10xas long as short
Nado NEAR-PERP+0.0503%1h4.2190+0.090%$1.9M$3.5M10xas long as short
Backpack NEAR_USDC_PERP+0.0506%1h4.2217+0.154%$1.3M$5.7M20xas long as short
Phoenix NEAR+0.0542%1h4.2035−0.278%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0800%1h4.2247+0.226%$16.3M$23.5M15xas long as short
HTX NEAR-USDT+0.0951%8h4.2320+0.399%$455K$3.6M75xas long as short
Aftermath Perps NEARUSD+0.0975%1h4.1991−0.381%$5K$11K10xas long as short