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+0.0175%/8h= +19.1% APRnext payment +$1.75 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against OKX−0.091%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$370.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.207%+$21 on $10k
Price spread, last 4 days (all we have)+0.223%+$22 · spread now −0.091%, 7d avg +0.050%
Together, before fees+0.431%+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.142% cheaper against OKX than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.050%). If the spread goes back, that is −$14 on $10k: about 2.7 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NEAR-USDT-SWAP4.37200.0100pay 0.0100% / 8h9m 07s$61.3M$296.2M50x
ShortBloFin NEAR-USDT4.36800.0275get 0.0275% / 8h9m 07s$13.3M$32.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$36.71
Price spread: −0.091% → +0.050%
−$14.17
Slippage, 4 orders
−$14.64
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$14.09
Costs to cover
0.366%
Break-even
9.7 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 5 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 OKX live order book, 5 min ago1.14 bp7.3 bp −$714.1 bp −$14141.0 bp −$4,098doesn't fit
Sell BloFin live order book, 5 min ago2.29 bp9.8 bp −$1015.5 bp −$15539.6 bp −$3,95887.7 bp −$43.8K

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%1h4.3669−0.117%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3676−0.100%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3680−0.091%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0016%1h4.3682−0.087%$7.3M$38.6M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.284%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3690−0.069%$113K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3722+0.005%$220.8M$428.5M75xas long as short
OKX NEAR-USDT-SWAPlong+0.0100%8h4.3720long leg$61.3M$296.2M50x
Bulk NEAR-USD+0.0100%1h4.3601−0.273%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3740+0.046%$35.9M$63.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3690−0.069%$53.0M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3774+0.124%$72.4M$127.8M75xas long as short
Variational Omni NEAR+0.0100%8h4.3490−0.527%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3477−0.556%$252K$894K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3514−0.472%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3440−0.640%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3721+0.002%$278K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3656−0.146%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3740+0.046%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3680−0.091%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3670−0.114%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3685−0.080%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3625−0.218%$3.6M$16.6M25xas long as short
Aevo NEAR-PERP+0.0120%1h4.3653−0.154%$203K$38K3xas long as short
Aster NEARUSDT+0.0122%8h4.3681−0.089%$2.7M$4.8M50xas long as short
Hyperliquid NEAR+0.0134%1h4.3804+0.192%$353.3M$315.1M10xas long as short
HTX NEAR-USDT+0.0155%8h4.3820+0.229%$466K$3.8M75xas long as short
Binance NEARUSDT+0.0155%8h4.3797+0.177%$265.3M$1.09B75xas long as short
MEXC NEAR_USDT+0.0156%8h4.3730+0.023%$88.0M$153.7M200xas long as short
BingX NEAR-USDC+0.0171%8h4.3780+0.137%$6.7Mas long as short
Kalshi KXNEARPERP+0.0173%8h4.3654−0.151%$970K$25.0M2.2xas long as short
01 Exchange NEARUSD+0.0232%1h4.3701−0.043%$13K$7K10xas long as short
BloFin NEAR-USDTshort+0.0275%8h4.3680−0.091%$13.3M$32.2M75x
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0240%1h4.3687−0.075%$254K100xas long as short
Nado NEAR-PERP+0.0372%1h4.3695−0.057%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0461%1h4.3771+0.117%$1.1M$7.1M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3753+0.075%$2.3M$17.0M50xas long as short
Lighter RH NEAR+0.0488%1h4.3732+0.027%$1.5M$6.7M10xas long as short
Lighter NEAR+0.0552%1h4.3740+0.045%$17.2M$25.4M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3700−0.046%$229K$1.5M10xas long as short
Pacifica NEAR+0.0949%1h4.3698−0.050%$412K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3782+0.142%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3696−0.054%$607K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1079%1h4.3698−0.050%$1.9M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1100%1h4.3597−0.282%$5K$7K10xas long as short