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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.013%
Price spread now: 01 Exchange against Orderly+0.082%46s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and 01 Exchange is 0.082% dearer against Orderly than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.40240.0100pay 0.0100% / 8h4h 36m$56K$217K20x
Short01 Exchange NEARUSD4.40600.0240get 0.0030% / 1h36m 31s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$29.4
Price spread: +0.082% → 0.000%
$8.18
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$24.58
Costs to cover
0.130%
Break-even
1.1 days
Slippage unknown: Orderly: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
Orderly and 01 Exchange: 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%1h4.3949−0.171%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.3977−0.107%$2.2M$15.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.4070+0.105%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3968−0.127%$609K$22.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3989−0.080%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.938%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3990−0.077%$116K$514K50xas long as short
Pacifica NEAR+0.0100%1h4.4074+0.113%$421K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3992−0.073%$269.0M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3912−0.254%$220.7M$424.8M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3890−0.304%$62.5M$298.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4550+1.195%$254K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4040+0.036%$31.9M$63.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4070+0.104%$74.9M$148.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4080+0.127%$54.8M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4025+0.002%$72.4M$130.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4030+0.014%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.4567+1.233%$8.7M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4195+0.388%$265K$977K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4605+1.320%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4150+0.286%$170K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3984−0.091%$235K$3.9M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.4024long leg$56K$217K20x
SunX NEAR-USDT+0.0100%8h4.4120+0.218%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4015−0.020%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4090+0.150%$457K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4030+0.014%$3.8M$8.5M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4027+0.007%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4037+0.029%$205K$40K3xas long as short
Hyperliquid NEAR+0.0156%1h4.4100+0.173%$363.7M$324.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0192%1h4.4022−0.005%$1.3M$6.6M20xas long as short
Extended NEAR-USD+0.0200%1h4.4010−0.031%$4.0M$19.6M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.4000−0.055%$13.8M$32.7M75xas long as short
01 Exchange NEARUSDshort+0.0240%1h4.4060+0.082%$13K$7K10x
Aster NEARUSDT+0.0286%8h4.4047+0.053%$3.0M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0329% / S −0.0206%1h4.3994−0.069%$239K100xas long as short
Lighter RH NEAR+0.0448%1h4.4116+0.209%$1.5M$7.2M10xas long as short
Nado NEAR-PERP+0.0565%1h4.3950−0.168%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4110+0.195%$221K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0590%1h4.4040+0.035%$8.1M$39.9M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0591%1h4.4038+0.032%$1.9M$6.8M25xas long as short
Phoenix NEAR+0.0794%1h4.4338+0.713%$1.8M$2.8M10xas long as short
Lighter NEAR+0.0880%1h4.4159+0.307%$17.8M$26.3M15xas long as short
RISEx NEAR/USDC+0.0926%1h4.4083+0.135%$560K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1564%1h4.4369+0.785%$6K$12K10xas long as short