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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.114%
Price spread now: Extended against HTX−0.327%7-day average −0.296% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$490.489% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.574%−$57 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.327%, 7d avg −0.296%
Together, before fees−0.589%+ Points / potential airdropExtended: Active · farm board−$59 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.031% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.296%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NEAR-USDT4.32000.0120pay 0.0120% / 8h36m 54s$461K$3.8M75x
ShortExtended NEAR-USD4.30590.0104get 0.0013% / 1h36m 54s$3.6M$17.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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
−$3.42
Price spread: −0.327% → −0.296%
−$3.09
Slippage, 4 orders
−$31.93
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$55.44
Costs to cover
0.489%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; Extended: 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 HTX live order book, 2 min ago6.92 bp16.3 bp −$1644.9 bp −$449doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.81 bp4.1 bp −$410.6 bp −$106doesn'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%1h4.3038−0.376%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3159−0.096%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3049−0.350%$161K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3039−0.372%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.144%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3120−0.185%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3047−0.354%$217.4M$430.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3040−0.370%$60.5M$290.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3160−0.093%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3057−0.331%$35.1M$62.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3090−0.255%$52.2M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3066−0.310%$71.3M$128.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.3337+0.316%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3177−0.054%$250K$898K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3207+0.016%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3330+0.301%$165K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3080−0.278%$282K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3072−0.296%$57K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3190−0.023%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3060−0.324%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3080−0.278%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3182−0.043%$31K$58510xas long as short
Extended NEAR-USDshort+0.0104%1h4.3059−0.327%$3.6M$17.2M25x
HTX NEAR-USDTlong+0.0120%8h4.3200long leg$461K$3.8M75x
Aevo NEAR-PERP+0.0128%1h4.3072−0.297%$200K$38K3xas long as short
Kalshi KXNEARPERP+0.0188%8h4.3122−0.181%$935K$25.2M2.2xas long as short
Binance NEARUSDT+0.0196%8h4.3067−0.309%$261.5M$1.09B75xas long as short
MEXC NEAR_USDT+0.0199%8h4.3060−0.324%$82.8M$150.5M200xas long as short
Aster NEARUSDT+0.0202%8h4.3060−0.324%$2.7M$4.8M50xas long as short
BingX NEAR-USDC+0.0205%8h4.3060−0.324%$6.7Mas long as short
Hyperliquid NEAR+0.0232%1h4.3098−0.236%$347.8M$315.2M10xas long as short
01 Exchange NEARUSD+0.0272%1h4.3102−0.227%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0203%1h4.3059−0.327%$232K100xas long as short
BloFin NEAR-USDT+0.0316%8h4.3110−0.208%$13.2M$31.8M75xas long as short
Backpack NEAR_USDC_PERP+0.0390%1h4.3093−0.248%$1.2M$7.0M20xas long as short
Nado NEAR-PERP+0.0475%1h4.3087−0.262%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3199−0.002%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0520%1h4.3118−0.190%$1.5M$6.6M10xas long as short
Arcus NEAR-USD+0.0638%1h4.3140−0.139%$226K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0679%1h4.3092−0.250%$1.9M$13.2M25xas long as short
Lighter NEAR+0.0744%1h4.3117−0.191%$17.0M$25.1M15xas long as short
Pacifica NEAR+0.0949%1h4.3170−0.070%$407K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3384+0.426%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3133−0.156%$600K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1254%1h4.3239+0.090%$5K$7K10xas long as short