After costs, if the gap returns to its 7d average, $10k−$93
spread now−0.069%7d average+0.597%fees + slippage, in and out−$27spread needed0.267%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NEAR | 4.0456 | 0.0096 | pay 0.0012% / 1h | 40m 14s | $1.3M | $8.8M | 10x |
| Short | Backpack NEAR_USDC_PERP | 4.0428 | 0.1015 | get 0.0127% / 1h | 40m 14s | $1.6M | $5.2M | 20x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$6.92
- Funding while held
- $27.57
- Slippage, 4 orders
- −$16.72
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$6.07
- Spread needed to break even
- 0.267%
Slippage from Lighter RH: live order book, 5 min ago; Backpack: live order book, just now.
Cost of waiting
funding view- Funding /8h
- +0.0919%
- Per $10,000 a day
- +$27.57
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 5 min ago | 3.20 bp | 5.9 bp −$6 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Backpack live order book, just now | 2.47 bp | 7.5 bp −$7 | 20.0 bp −$200 | doesn't fit | doesn't fit |
NEAR price on every exchange
against the cheapest. Click to use as the short leg.NEAR on 44 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kalshi KXNEARPERP | −0.450% | 0.0000% | 8h | $410K | $24.8M | 2.2x | as long as short |
| Pacifica NEAR | −0.209% | +0.0100% | 1h | $496K | $1.4M | 10x | as long as short |
| Paradex NEAR-USD-PERP | −0.200% | +0.0100% | 8h | $29K | $2K | 10x | as long as short |
| dYdX NEAR-USD | −0.194% | 0.0000% | 1h | $92K | $53K | 10x | as long as short |
| BloFin NEAR-USDT | −0.188% | +0.0220% | 8h | $12.7M | $37.2M | 75x | as long as short |
| Arcus NEAR-USD | −0.163% | +0.0385% | 1h | $256K | $1.9M | 10x | as long as short |
| Binance NEARUSDT | −0.089% | +0.0100% | 8h | $226.2M | $1.29B | 75x | as long as short |
| MEXC NEAR_USDT | −0.089% | +0.0100% | 8h | $79.2M | $169.3M | 200x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.082% | −0.0064% | 1h | $2.1M | $16.6M | 50x | as long as short |
| Extended NEAR-USD | −0.081% | +0.0104% | 1h | $3.3M | $16.0M | 25x | as long as short |
Show all 44 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx NEAR/USDC | −0.080% | +0.0597% | 1h | $313K | $1.3M | 10x | as long as short |
| Bitget NEARUSDT | −0.079% | +0.0100% | 8h | $67.3M | $135.4M | 75x | as long as short |
| 01 Exchange NEARUSD | −0.074% | +0.0240% | 1h | $12K | $10K | 10x | as long as short |
| Backpack NEAR_USDC_PERPshort | −0.069% | +0.1015% | 1h | $1.6M | $5.2M | 20x | |
| Bybit NEARUSDT | −0.064% | +0.0100% | 8h | $198.2M | $508.3M | 75x | as long as short |
| Popdex NEARUSDT | −0.064% | +0.0096% | 1h | $105K | $575K | 50x | as long as short |
| Aevo NEAR-PERP | −0.064% | +0.0104% | 1h | $195K | $81K | 3x | as long as short |
| SoDEX NEAR-USD | −0.057% | +0.0100% | 1h | $5K | $68K | 10x | as long as short |
| OKX NEAR-USDT-SWAP | −0.040% | +0.0100% | 8h | $54.7M | $343.1M | 50x | as long as short |
| Phemex NEARUSDT | −0.040% | +0.0100% | 8h | $3.7M | $9.1M | 50x | as long as short |
| Polymarket Perps NEAR-USD | −0.037% | +0.0100% | 1h | $175K | $3.8M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | −0.034% | L +0.0317% / S −0.0210% | 1h | $225K | — | 100x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | −0.025% | +0.0294% | 1h | $1.8M | $1.9M | 25x | as long as short |
| Aster NEARUSDT | −0.025% | +0.0100% | 8h | $2.7M | $7.8M | 50x | as long as short |
| Nado NEAR-PERP | −0.023% | +0.0328% | 1h | $1.8M | $5.8M | 10x | as long as short |
| BingX NEAR-USDC | −0.015% | +0.0100% | 8h | — | $6.7M | — | as long as short |
| Reya NEARRUSDPERP | −0.009% | −0.0171% | 1h | $2K | — | 20x | as long as short |
| Gate NEAR_USDT | −0.005% | +0.0100% | 8h | $28.7M | $66.5M | 75x | as long as short |
| Lighter RH NEARlong | 0.000% | +0.0096% | 1h | $1.3M | $8.8M | 10x | |
| gTrade (Gains Network) NEAR/USD | +0.003% | L +0.0004% / S −0.0004% | 1h | $193K | — | 150x | as long as short |
| Hyperliquid NEAR | +0.010% | +0.0341% | 1h | $324.8M | $378.3M | 10x | as long as short |
| KuCoin NEARUSDTM | +0.010% | +0.0100% | 8h | $53.1M | $50.6M | 75x | as long as short |
| Variational Omni NEAR | +0.013% | +0.0100% | 8h | $7.6M | $22.9M | — | as long as short |
| Orderly PERP_NEAR_USDC | +0.017% | +0.0100% | 8h | $53K | $262K | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.033% | +0.0871% | 1h | $8.0M | $36.9M | 50x | as long as short |
| Lighter NEAR | +0.053% | +0.0384% | 1h | $14.7M | $24.4M | 15x | as long as short |
| ApeX Omni NEARUSDT | +0.109% | +0.0100% | 1h | $109K | $788K | 50x | as long as short |
| SunX NEAR-USDT | +0.109% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| edgeX NEARUSDC | +0.126% | +0.0100% | 4h | $228K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.232% | +0.0706% | 8h | $407K | $4.6M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.466% | +0.0924% | 1h | $5K | $13K | 10x | as long as short |
| Phoenix NEAR | +0.643% | +0.0560% | 1h | $1.6M | $3.5M | 10x | as long as short |
| Bulk NEAR-USD | +0.965% | +0.0100% | 1h | $234K | $4K | 10x | as long as short |
| Injective NEAR/USDC PERP | +7.598% | +0.0033% | 1h | $608 | $121K | 12x | as long as short |
Lighter RH NEAR
Backpack NEAR_USDC_PERP
Pacifica
Paradex
BloFin
Binance
MEXC
Coinbase International
Extended
RISEx
Bitget
Bybit
Popdex
SoDEX
OKX
Phemex
Polymarket Perps
GMX
Deribit
Aster
BingX
Gate
gTrade (Gains Network)
Hyperliquid
KuCoin
Variational Omni
Kraken Futures
Lighter
ApeX Omni
SunX
HTX
Phoenix
Bulk
Injective