Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Orderly−0.081%7-day average −0.032% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.081%, 7d avg −0.032%
Together, before fees−0.090%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.049% cheaper against Orderly than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.32010.0100pay 0.0100% / 8h1h 01m$58K$235K20x
ShortBitget NEARUSDT4.31660.0100get 0.0100% / 8h1h 01m$71.5M$128.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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
$0
Price spread: −0.081% → −0.032%
−$4.86
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$22.86
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Bitget live order book, 2 min ago0.69 bp9.0 bp −$914.9 bp −$14931.4 bp −$3,141doesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.3160−0.094%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3176−0.057%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3167−0.079%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.146%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3210+0.021%$105K$492K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3170−0.072%$218.2M$431.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3150−0.118%$60.7M$290.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3565+0.843%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3157−0.102%$35.1M$62.4M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3190−0.025%$52.3M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDTshort+0.0100%8h4.3166−0.081%$71.5M$128.5M75x
Variational Omni NEAR+0.0100%8h4.3397+0.455%$8.7M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3395+0.450%$252K$906K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3350+0.344%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3400+0.461%$163K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3206+0.012%$288K$4.1M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.3201long leg$58K$235K20x
SunX NEAR-USDT+0.0100%8h4.3280+0.183%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3180−0.049%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3290+0.206%$457K$3.8M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3210+0.021%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0103%8h4.3196−0.012%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3178−0.053%$3.6M$17.8M25xas long as short
Aevo NEAR-PERP+0.0136%1h4.3205+0.009%$201K$38K3xas long as short
BingX NEAR-USDC+0.0201%8h4.3170−0.072%$6.7Mas long as short
MEXC NEAR_USDT+0.0213%8h4.3200−0.002%$75.0M$151.1M200xas long as short
Binance NEARUSDT+0.0213%8h4.3196−0.012%$262.8M$1.09B75xas long as short
Kalshi KXNEARPERP+0.0217%8h4.3193−0.019%$945K$25.1M2.2xas long as short
Aster NEARUSDT+0.0257%8h4.3170−0.072%$2.8M$4.9M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0313% / S −0.0200%1h4.3163−0.089%$231K100xas long as short
BloFin NEAR-USDT+0.0333%8h4.3200−0.002%$13.5M$32.0M75xas long as short
Backpack NEAR_USDC_PERP+0.0395%1h4.3209+0.019%$1.3M$6.9M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.3234+0.076%$2.3M$16.5M50xas long as short
Hyperliquid NEAR+0.0431%1h4.3203+0.005%$351.3M$314.7M10xas long as short
01 Exchange NEARUSD+0.0440%1h4.3233+0.074%$13K$7K10xas long as short
Nado NEAR-PERP+0.0543%1h4.3197−0.009%$1.6M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0676%1h4.3154−0.108%$7.1M$38.3M50xas long as short
Lighter NEAR+0.0728%1h4.3234+0.076%$17.0M$25.5M15xas long as short
Lighter RH NEAR+0.0832%1h4.3247+0.106%$1.5M$6.8M10xas long as short
Arcus NEAR-USD+0.0880%1h4.3250+0.113%$228K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0908%1h4.3214+0.030%$1.9M$13.0M25xas long as short
Phoenix NEAR+0.1003%1h4.3376+0.405%$1.8M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.3210+0.020%$398K$1.4M10xas long as short
RISEx NEAR/USDC+0.1259%1h4.3238+0.086%$661K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1309%1h4.3411+0.487%$5K$12K10xas long as short