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 −0.009%
Price spread now: Bybit against Orderly+0.011%50s7-day average −0.040% · you sell dearer than you buy
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)−0.177%−$18 · spread now +0.011%, 7d avg −0.040%
Together, before fees−0.188%−$19 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: Bybit is 0.051% dearer against Orderly than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.040%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.44340.0100pay 0.0100% / 8h1h 54m$58K$242K20x
ShortBybit NEARUSDT4.44390.0100get 0.0100% / 8h1h 54m$226.8M$424.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.011% → −0.040%
$5.11
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$11.89
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago1.13 bp9.8 bp −$1013.2 bp −$13228.9 bp −$2,888137.5 bp −$68.7K
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%1h4.4418−0.036%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4412−0.048%$109K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4438+0.009%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.806%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4450+0.036%$114K$493K50xas long as short
Bybit NEARUSDTshort+0.0100%8h4.4439+0.011%$226.8M$424.2M75x
OKX NEAR-USDT-SWAP+0.0100%8h4.4420−0.032%$62.7M$295.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4419−0.033%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4446+0.027%$34.3M$59.4M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4490+0.126%$53.6M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4405−0.065%$73.3M$125.7M75xas long as short
Variational Omni NEAR+0.0100%8h4.4407−0.060%$8.9M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4258−0.396%$258K$962K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4450+0.036%$279K$3.9M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.4434long leg$58K$242K20x
SunX NEAR-USDT+0.0100%8h4.4490+0.126%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4590+0.351%$466K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4450+0.036%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0103%8h4.4445+0.024%$32K$58510xas long as short
SoDEX NEAR-USD+0.0109%1h4.4425−0.020%$5K$52K10xas long as short
GRVT NEAR_USDT_Perp+0.0120%8h4.4390−0.099%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0120%1h4.4442+0.017%$207K$40K3xas long as short
BingX NEAR-USDT+0.0158%8h4.4450+0.036%$144.3Mas long as short
MEXC NEAR_USDT+0.0162%8h4.4480+0.104%$85.5M$143.6M200xas long as short
Binance NEARUSDT+0.0165%8h4.4460+0.059%$269.3M$1.08B75xas long as short
BloFin NEAR-USDT+0.0283%8h4.4460+0.059%$13.5M$32.8M75xas long as short
Kalshi KXNEARPERP+0.0301%8h4.4371−0.142%$1.1M$24.6M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0201%1h4.4435+0.003%$238K100xas long as short
Aster NEARUSDT+0.0343%8h4.4470+0.081%$2.9M$5.0M50xas long as short
Extended NEAR-USD+0.0400%1h4.4448+0.032%$3.7M$19.0M25xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4495+0.137%$2.3M$16.3M50xas long as short
ApeX Omni NEARUSDT+0.0440%1h4.4430−0.009%$168K$803K50xas long as short
01 Exchange NEARUSD+0.0480%1h4.4492+0.131%$13K$7K10xas long as short
Nado NEAR-PERP+0.0511%1h4.4460+0.059%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0606%1h4.4468+0.077%$1.3M$6.5M20xas long as short
Kraken Futures PF_NEARUSD+0.0657%1h4.4420−0.032%$7.4M$38.7M50xas long as short
Hyperliquid NEAR+0.0694%1h4.4492+0.131%$366.1M$306.5M10xas long as short
Lighter NEAR+0.0816%1h4.4516+0.185%$17.4M$24.6M15xas long as short
Arcus NEAR-USD+0.0880%1h4.4500+0.149%$226K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0921%1h4.4444+0.023%$1.9M$12.2M25xas long as short
Lighter RH NEAR+0.1032%1h4.4510+0.171%$1.5M$6.6M10xas long as short
Phoenix NEAR+0.1033%1h4.4512+0.176%$1.8M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4460+0.059%$409K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1207%1h4.4294−0.316%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4496+0.139%$688K$1.4M10xas long as short