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−0.0033%/8h= −3.6% APRnext payment $0.33 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC0.000%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$340.336% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 7 days−0.021%−$2 · spread now 0.000%, 7d avg +0.019%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEAR_USDT4.39100.0133pay 0.0133% / 8h2h 07m$83.5M$146.3M200x
ShortKuCoin NEARUSDTM4.39100.0100get 0.0100% / 8h2h 07m$53.0M$45.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
−$6.93
Price spread: 0.000% → +0.019%
−$1.92
Slippage, 4 orders
−$21.61
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$42.46
Costs to cover
0.336%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: 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 MEXC live order book, 1 min ago1.14 bp1.9 bp −$25.5 bp −$5534.8 bp −$3,48576.5 bp −$38.2K
Sell KuCoin live order book, 6 min ago2.29 bp18.1 bp −$1833.9 bp −$33999.9 bp −$9,992doesn'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%1h4.3759−0.345%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3837−0.167%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3738−0.391%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.693%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4030+0.273%$116K$497K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4056+0.332%$220.0M$421.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4070+0.364%$62.3M$293.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3500−0.934%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3884−0.059%$33.4M$61.0M75xas long as short
KuCoin NEARUSDTMshort+0.0100%8h4.39100.000%$53.0M$45.9M75x
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4020+0.251%$72.1M$126.7M75xas long as short
Variational Omni NEAR+0.0100%8h4.3607−0.689%$8.8M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.3652−0.588%$255K$963K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3820−0.205%$281K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3786−0.282%$57K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3850−0.137%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3900−0.023%$473K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3720−0.433%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3876−0.076%$32K$60810xas long as short
GRVT NEAR_USDT_Perp+0.0102%8h4.3673−0.539%$1.4M$1.5M10xas long as short
Aevo NEAR-PERP+0.0112%1h4.3793−0.267%$204K$37K3xas long as short
BingX NEAR-USDT+0.0130%8h4.4020+0.251%$143.5Mas long as short
Binance NEARUSDT+0.0133%8h4.4057+0.335%$268.1M$1.09B75xas long as short
MEXC NEAR_USDTlong+0.0133%8h4.3910long leg$83.5M$146.3M200x
BloFin NEAR-USDT+0.0250%8h4.3850−0.137%$13.3M$32.3M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3867−0.098%$2.3M$16.2M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0313% / S −0.0201%1h4.3735−0.398%$235K100xas long as short
Kalshi KXNEARPERP+0.0317%8h4.3779−0.298%$1.0M$24.6M2.2xas long as short
Aster NEARUSDT+0.0338%8h4.4037+0.289%$2.8M$5.2M50xas long as short
Nado NEAR-PERP+0.0404%1h4.3805−0.239%$1.7M$3.2M10xas long as short
ApeX Omni NEARUSDT+0.0417%1h4.3640−0.615%$167K$796K50xas long as short
Extended NEAR-USD+0.0472%1h4.4012+0.233%$3.7M$19.3M25xas long as short
SoDEX NEAR-USD+0.0514%1h4.3745−0.376%$5K$52K10xas long as short
Hyperliquid NEAR+0.0669%1h4.3929+0.043%$361.2M$310.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0688%1h4.3776−0.305%$1.3M$6.6M20xas long as short
01 Exchange NEARUSD+0.0712%1h4.4076+0.378%$13K$7K10xas long as short
Kraken Futures PF_NEARUSD+0.0723%1h4.3739−0.391%$7.3M$39.0M50xas long as short
Arcus NEAR-USD+0.0814%1h4.4070+0.364%$228K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0825%1h4.3787−0.280%$2.0M$11.9M25xas long as short
Pacifica NEAR+0.0847%1h4.3888−0.051%$402K$1.4M10xas long as short
Lighter NEAR+0.0912%1h4.3935+0.058%$17.2M$25.2M15xas long as short
Phoenix NEAR+0.1033%1h4.3931+0.048%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1104%1h4.3936+0.059%$1.5M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.4061+0.343%$686K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1287%1h4.3636−0.624%$5K$12K10xas long as short