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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0096%/8hpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Orderly+0.092%7-day average −0.004% · 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 3 days (all we have)−0.084%−$8 on $10k
Price spread, last 3 days (all we have)−0.079%−$8 · spread now +0.092%, 7d avg −0.004%
Together, before fees−0.163%−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.095% dearer against Orderly than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of −0.004%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.14720.0100pay 0.0100% / 8h4h 22m$52K$163K20x
ShortgTrade (Gains Network) NEAR/USD4.1510L +0.0004% / S −0.0004%get 0.0001% / 1h22m 18s$202K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.11
Price spread: +0.092% → −0.004%
$9.54
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$26.57
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 11 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 gTrade (Gains Network) virtual book (oracle venue), 11 min ago130.01 bp137.7 bp −$1381007.8 bp −$10.1Kdoesn't fitdoesn'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%1h4.1436−0.087%$2K20xas long as short
Extended NEAR-USD−0.0032%1h4.1453−0.046%$3.5M$14.1M25xas long as short
dYdX NEAR-USD0.0000%1h4.1595+0.297%$105K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1418−0.130%$432K$20.1M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.1489+0.041%$1.8M$2.0M25xas long as short
gTrade (Gains Network) NEAR/USDshortL +0.0004% / S −0.0004%1h4.1510+0.092%$202K150x
Coinbase International NEAR-PERP-INTX+0.0032%1h4.1445−0.065%$2.1M$12.7M50xas long as short
Popdex NEARUSDT+0.0096%1h4.1520+0.116%$105K$499K50xas long as short
Aster NEARUSDT+0.0100%8h4.1555+0.200%$2.8M$5.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.1504+0.077%$237.4M$1.11B75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.1457−0.036%$208.0M$429.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1460−0.029%$57.4M$287.1M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1540+0.164%$245K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1537+0.156%$238K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1457−0.036%$29.2M$56.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1460−0.029%$81.6M$145.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1480+0.019%$57.8M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1453−0.046%$70.0M$127.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1480+0.019%$135.2Mas long as short
Variational Omni NEAR+0.0100%8h4.1325−0.355%$7.6M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1249−0.539%$262K$1.3M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1280−0.463%$1.4M$1.1M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1250−0.535%$112K$754K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1551+0.190%$221K$3.0M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.1472long leg$52K$163K20x
SunX NEAR-USDT+0.0100%8h4.1500+0.068%$2K$1.5M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1435−0.089%$5K$45K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1460−0.029%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1590+0.285%$30K$2K10xas long as short
Aevo NEAR-PERP+0.0104%1h4.1446−0.063%$200K$66K3xas long as short
Injective NEAR/USDC PERP+0.0120%1h4.1000−1.138%$572$150K12xas long as short
01 Exchange NEARUSD+0.0200%1h4.1560+0.212%$12K$8K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1420−0.125%$12.6M$33.2M75xas long as short
Kraken Futures PF_NEARUSD+0.0241%1h4.1463−0.021%$7.4M$34.5M50xas long as short
Lighter RH NEAR+0.0248%1h4.1635+0.393%$1.4M$7.3M10xas long as short
Nado NEAR-PERP+0.0286%1h4.1440−0.077%$1.8M$3.9M10xas long as short
Pacifica NEAR+0.0319%1h4.1578+0.254%$440K$1.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0314%1h4.1505+0.080%$273K100xas long as short
RISEx NEAR/USDC+0.0378%1h4.1559+0.209%$397K$1.3M10xas long as short
Phoenix NEAR+0.0618%1h4.1391−0.195%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0648%1h4.1555+0.201%$15.4M$22.5M15xas long as short
Hyperliquid NEAR+0.0839%1h4.1524+0.125%$350.6M$305.5M10xas long as short
Backpack NEAR_USDC_PERP+0.0956%1h4.1568+0.231%$1.5M$4.7M20xas long as short
Aftermath Perps NEARUSD+0.1095%1h4.1364−0.261%$5K$11K10xas long as short
HTX NEAR-USDT+0.1246%8h4.1580+0.260%$452K$4.1M75xas long as short