data as of
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Price arb /

NEAR

all NEAR markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$62
spread now+0.129%7d average+0.552%fees + slippage, in and out−$20spread needed0.202%
Long on LighterShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NEAR4.05780.1176pay 0.0147% / 1h0m 34s$15.1M$22.4M15x
ShortBackpack NEAR_USDC_PERP4.06300.1121get 0.0140% / 1h0m 34s$1.7M$4.2M20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$12.94
Funding while held
−$1.64
Slippage, 4 orders
−$10.23
Fee Lighter: 0 bp × 2 orders
$0
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$8.93
Spread needed to break even
0.202%
Slippage from Lighter: live order book, 5 min ago; Backpack: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
−0.0055%
Per $10,000 a day
−$1.64
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 5 min ago1.33 bp1.6 bp −$210.5 bp −$10559.9 bp −$5,992doesn't fit
Sell Backpack live order book, 5 min ago0.98 bp9.5 bp −$1020.8 bp −$208doesn't fitdoesn't fit

NEAR price on every exchange

against the cheapest. Click to use as the short leg.
Gate4.0466cheapestBybit4.0468+0.005%Bitget4.0469+0.007%OKX4.0470+0.010%Extended4.0475+0.022%Paradex4.0478+0.030%Arcus4.0480+0.035%MEXC4.0480+0.035%BingX4.0480+0.035%Binance4.0481+0.037%dYdX4.0489+0.057%Pacifica4.0490+0.059%RISEx4.0514+0.119%01 Exchange4.0520+0.133%KuCoin4.0520+0.133%Hyperliquid4.0530+0.158%Lighter RH4.0531+0.161%Aster4.0535+0.171%Reya4.0563+0.240%Aevo4.0569+0.255%SoDEX4.0571+0.259%Orderly4.0576+0.272%GMX4.0577+0.275%
Lighter4.0578+0.276%
gTrade (Gains Network)4.0579+0.279%Phemex4.0580+0.282%Coinbase International4.0583+0.289%Nado4.0586+0.295%Polymarket Perps4.0597+0.324%ApeX Omni4.0600+0.331%Deribit4.0600+0.331%Variational Omni4.0604+0.341%Kalshi4.0623+0.388%Popdex4.0630+0.405%
Backpack4.0630+0.405%
SunX4.0640+0.430%Kraken Futures4.0641+0.432%BloFin4.0660+0.479%Phoenix4.0693+0.561%Aftermath Perps4.0730+0.653%edgeX4.0738+0.671%Bulk4.0750+0.702%HTX4.0780+0.776%
Injective4.3530+7.572%

NEAR on 44 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate NEAR_USDT−0.275%+0.0100%8h$28.6M$58.7M75xas long as short
Bybit NEARUSDT−0.270%+0.0100%8h$199.6M$435.3M75xas long as short
Bitget NEARUSDT−0.267%+0.0100%8h$67.2M$118.8M75xas long as short
OKX NEAR-USDT-SWAP−0.265%+0.0100%8h$54.3M$289.9M50xas long as short
Extended NEAR-USD−0.252%+0.0104%1h$3.4M$14.0M25xas long as short
Paradex NEAR-USD-PERP−0.245%+0.0100%8h$29K$2K10xas long as short
Arcus NEAR-USD−0.240%+0.0100%1h$232K$1.8M10xas long as short
MEXC NEAR_USDT−0.240%+0.0100%8h$74.7M$167.0M200xas long as short
BingX NEAR-USDC−0.240%+0.0100%8h—$6.6M—as long as short
Binance NEARUSDT−0.238%+0.0100%8h$231.1M$1.12B75xas long as short
Show all 44 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
dYdX NEAR-USD−0.218%+0.0022%1h$97K$34K10xas long as short
Pacifica NEAR−0.216%+0.0100%1h$469K$1.1M10xas long as short
RISEx NEAR/USDC−0.156%+0.0656%1h$346K$1.2M10xas long as short
01 Exchange NEARUSD−0.142%+0.0336%1h$12K$7K10xas long as short
KuCoin NEARUSDTM−0.142%+0.0100%8h$54.7M$45.4M75xas long as short
Hyperliquid NEAR−0.117%+0.0735%1h$328.1M$307.8M10xas long as short
Lighter RH NEAR−0.115%+0.0160%1h$1.3M$8.2M10xas long as short
Aster NEARUSDT−0.105%+0.0100%8h$2.7M$6.5M50xas long as short
Reya NEARRUSDPERP−0.036%−0.0171%1h$2K—20xas long as short
Aevo NEAR-PERP−0.021%+0.0104%1h$196K$66K3xas long as short
SoDEX NEAR-USD−0.016%+0.0100%1h$5K$46K10xas long as short
Orderly PERP_NEAR_USDC−0.004%+0.0100%8h$52K$195K20xas long as short
GMX NEAR/USD [ETH-USDC]−0.001%L +0.0351% / S −0.0289%1h$247K—100xas long as short
Lighter NEARlong0.000%+0.1176%1h$15.1M$22.4M15x
gTrade (Gains Network) NEAR/USD+0.004%L +0.0004% / S −0.0004%1h$195K—150xas long as short
Phemex NEARUSDT+0.006%+0.0100%8h$3.7M$8.3M50xas long as short
Coinbase International NEAR-PERP-INTX+0.014%−0.0048%1h$2.1M$12.4M50xas long as short
Nado NEAR-PERP+0.020%+0.0396%1h$1.8M$4.2M10xas long as short
Polymarket Perps NEAR-USD+0.048%+0.0100%1h$185K$3.3M10xas long as short
ApeX Omni NEARUSDT+0.055%+0.0100%1h$106K$760K50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.055%+0.0292%1h$1.8M$1.8M25xas long as short
Variational Omni NEAR+0.065%+0.0100%8h$7.6M$20.8M—as long as short
Kalshi KXNEARPERP+0.112%0.0000%8h$317K$21.6M2.2xas long as short
Popdex NEARUSDT+0.129%+0.0096%1h$107K$502K50xas long as short
Backpack NEAR_USDC_PERPshort+0.129%+0.1121%1h$1.7M$4.2M20x
SunX NEAR-USDT+0.154%+0.0100%8h$2K$1.5M20xas long as short
Kraken Futures PF_NEARUSD+0.156%+0.1420%1h$8.5M$31.0M50xas long as short
BloFin NEAR-USDT+0.203%+0.0220%8h$12.6M$33.3M75xas long as short
Phoenix NEAR+0.285%+0.0553%1h$1.7M$3.4M10xas long as short
Aftermath Perps NEARUSD+0.376%+0.1130%1h$5K$12K10xas long as short
edgeX NEARUSDC+0.395%+0.0100%4h$231K$1.3M20xas long as short
Bulk NEAR-USD+0.425%+0.0100%1h$233K$4K10xas long as short
HTX NEAR-USDT+0.499%+0.1116%8h$419K$4.0M75xas long as short
Injective NEAR/USDC PERP+7.276%+0.0033%1h$608$84K12xas long as short