NEAR

Alert

After costs, if the gap returns to its 7d average, $10k−$25

spread now0.000%7d average+0.160%fees + slippage, in and out−$9spread needed0.089%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NEAR_USDT	4.1540	0.0100	pay 0.0100% / 8h	2h 27m	$78.2M	$172.3M	200x
Short	Lighter NEAR	4.1540	0.0144	get 0.0018% / 1h	27m 47s	$14.9M	$23.8M	15x

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 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee MEXCbpFee LighterbpOrdersClose when spread is

Spread captured: $0
Funding while held: $1.32
Slippage, 4 orders: −$8.93
Fee MEXC: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: −$7.61
Spread needed to break even: 0.089%

Slippage from MEXC: live order book, 3 min ago; Lighter: live order book, 7 min ago.

Cost of waiting

funding view

Funding /8h: +0.0044%
Per $10,000 a day: +$1.32
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 MEXC live order book, 3 min ago	1.21 bp	1.2 bp −$1	1.9 bp −$19	39.3 bp −$3,926	77.6 bp −$38.8K
Sell Lighter live order book, 7 min ago	1.19 bp	3.1 bp −$3	14.5 bp −$145	73.9 bp −$7,394	doesn't fit

NEAR price on every exchange

against the cheapest. Click to use as the short leg.

01 Exchange4.1319cheapest Coinbase International4.1324+0.012%RISEx4.1344+0.059%Paradex4.1347+0.068%Nado4.1350+0.074%Popdex4.1360+0.099%Arcus4.1370+0.123%Reya4.1372+0.128%GMX4.1379+0.146%Polymarket Perps4.1386+0.162%SoDEX4.1390+0.172%dYdX4.1392+0.176%Orderly4.1396+0.186%Deribit4.1399+0.194%Aevo4.1401+0.199%ApeX Omni4.1430+0.269%Aftermath Perps4.1432+0.274%Kalshi4.1439+0.290%Phemex4.1450+0.317%BloFin4.1450+0.317%Bulk4.1450+0.317%Kraken Futures4.1462+0.346%gTrade (Gains Network)4.1467+0.358%SunX4.1470+0.365%HTX4.1470+0.365%edgeX4.1499+0.436%Bybit4.1500+0.438%OKX4.1500+0.438%Extended4.1518+0.481%Binance4.1522+0.490%Pacifica4.1526+0.501%Bitget4.1530+0.511%BingX4.1530+0.511%Gate4.1535+0.523%

Lighter4.1540+0.535%

MEXC4.1540+0.535%

Aster4.1540+0.535%Lighter RH4.1543+0.542%Variational Omni4.1547+0.552%KuCoin4.1550+0.559%Backpack4.1554+0.569%Hyperliquid4.1586+0.646%Phoenix4.1599+0.678%Injective4.3530+5.351%

NEAR on 44 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
01 Exchange NEARUSD	−0.532%	+0.0064%	1h	$12K	$11K	10x	as long as short
Coinbase International NEAR-PERP-INTX	−0.520%	−0.0016%	1h	$2.2M	$16.7M	50x	as long as short
RISEx NEAR/USDC	−0.473%	+0.0765%	1h	$356K	$1.3M	10x	as long as short
Paradex NEAR-USD-PERP	−0.465%	+0.0100%	8h	$30K	$2K	10x	as long as short
Nado NEAR-PERP	−0.458%	+0.0451%	1h	$1.8M	$5.7M	10x	as long as short
Popdex NEARUSDT	−0.433%	+0.0096%	1h	$108K	$563K	50x	as long as short
Arcus NEAR-USD	−0.409%	+0.0565%	1h	$474K	$1.4M	10x	as long as short
Reya NEARRUSDPERP	−0.404%	−0.0171%	1h	$2K	—	20x	as long as short
GMX NEAR/USD [ETH-USDC]	−0.387%	L +0.0432% / S −0.0325%	1h	$352K	—	100x	as long as short
Polymarket Perps NEAR-USD	−0.371%	+0.0100%	1h	$170K	$4.0M	10x	as long as short

Show all 44 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
SoDEX NEAR-USD	−0.361%	+0.0100%	1h	$4K	$72K	10x	as long as short
dYdX NEAR-USD	−0.357%	0.0000%	1h	$94K	$60K	10x	as long as short
Orderly PERP_NEAR_USDC	−0.347%	+0.0098%	8h	$52K	$262K	20x	as long as short
Deribit NEAR_USDC-PERPETUAL	−0.339%	0.0000%	1h	$1.8M	$1.7M	25x	as long as short
Aevo NEAR-PERP	−0.334%	+0.0104%	1h	$198K	$82K	3x	as long as short
ApeX Omni NEARUSDT	−0.265%	+0.0100%	1h	$112K	$778K	50x	as long as short
Aftermath Perps NEARUSD	−0.259%	+0.1028%	1h	$5K	$12K	10x	as long as short
Kalshi KXNEARPERP	−0.243%	0.0000%	8h	$504K	$25.0M	2.2x	as long as short
Phemex NEARUSDT	−0.217%	+0.0100%	8h	$3.7M	$8.7M	50x	as long as short
BloFin NEAR-USDT	−0.217%	+0.0220%	8h	$13.1M	$31.7M	75x	as long as short
Bulk NEAR-USD	−0.217%	+0.0100%	1h	$237K	$10K	10x	as long as short
Kraken Futures PF_NEARUSD	−0.188%	+0.0622%	1h	$7.6M	$36.3M	50x	as long as short
gTrade (Gains Network) NEAR/USD	−0.176%	L +0.0004% / S −0.0004%	1h	$154K	—	150x	as long as short
SunX NEAR-USDT	−0.169%	+0.0100%	8h	$2K	$1.9M	20x	as long as short
HTX NEAR-USDT	−0.169%	+0.0718%	8h	$410K	$4.6M	75x	as long as short
edgeX NEARUSDC	−0.099%	+0.0100%	4h	$243K	$1.3M	20x	as long as short
Bybit NEARUSDT	−0.096%	+0.0100%	8h	$199.7M	$502.3M	75x	as long as short
OKX NEAR-USDT-SWAP	−0.096%	+0.0100%	8h	$56.0M	$353.4M	50x	as long as short
Extended NEAR-USD	−0.053%	+0.0104%	1h	$3.5M	$15.1M	25x	as long as short
Binance NEARUSDT	−0.045%	+0.0100%	8h	$234.9M	$1.26B	75x	as long as short
Pacifica NEAR	−0.033%	+0.0100%	1h	$518K	$1.3M	10x	as long as short
Bitget NEARUSDT	−0.024%	+0.0100%	8h	$69.3M	$132.3M	75x	as long as short
BingX NEAR-USDC	−0.024%	+0.0100%	8h	—	$6.6M	—	as long as short
Gate NEAR_USDT	−0.012%	+0.0100%	8h	$28.9M	$67.0M	75x	as long as short
Lighter NEARshort	0.000%	+0.0144%	1h	$14.9M	$23.8M	15x
MEXC NEAR_USDTlong	0.000%	+0.0100%	8h	$78.2M	$172.3M	200x
Aster NEARUSDT	0.000%	+0.0100%	8h	$2.8M	$7.8M	50x	as long as short
Lighter RH NEAR	+0.007%	+0.0096%	1h	$1.4M	$8.8M	10x	as long as short
Variational Omni NEAR	+0.017%	+0.0100%	8h	$8.1M	$24.1M	—	as long as short
KuCoin NEARUSDTM	+0.024%	+0.0100%	8h	$53.5M	$50.3M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.034%	+0.1025%	1h	$1.7M	$4.9M	20x	as long as short
Hyperliquid NEAR	+0.111%	+0.0433%	1h	$336.7M	$362.3M	10x	as long as short
Phoenix NEAR	+0.142%	+0.0751%	1h	$1.7M	$3.6M	10x	as long as short
Injective NEAR/USDC PERP	+4.791%	+0.0033%	1h	$608	$163K	12x	as long as short