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+0.0076%/8h= +8.3% APRnext payment +$0.76 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against SunX−0.089%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1551.551% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.087%−$9 on $10k
Price spread, last 4 days (all we have)−0.265%−$26 · spread now −0.089%, 7d avg −0.167%
Together, before fees−0.351%−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.078% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.167%. Mind the row above: over the last 7 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NEAR-USDT4.48400.0100pay 0.0100% / 8h1h 44m$2K$1.3M20x
ShortBingX NEAR-USDC4.48000.0176get 0.0176% / 8h1h 44m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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
$15.96
Price spread: −0.089% → −0.167%
$7.8
Slippage, 4 orders
−$137.12
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$131.36
Costs to cover
1.551%
Break-even
64.6 days
Slippage from SunX: live order book, 9 min ago; BingX: live order book, 7 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 SunX live order book, 9 min ago30.32 bp49.9 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago1.13 bp11.0 bp −$1126.0 bp −$26063.3 bp −$6,331517.1 bp −$258.5K

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%1h4.4778−0.138%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4636−0.456%$110K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4768−0.160%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.649%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4740−0.223%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4820−0.045%$230.6M$428.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4810−0.067%$63.4M$300.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4366−1.057%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4763−0.172%$34.9M$60.1M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4800−0.089%$53.4M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4751−0.198%$74.1M$126.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.4687−0.341%$9.0M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4748−0.206%$261K$966K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4791−0.109%$283K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4768−0.161%$58K$233K20xas long as short
SunX NEAR-USDTlong+0.0100%8h4.4840long leg$2K$1.3M20x
HTX NEAR-USDT+0.0100%8h4.4910+0.156%$466K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4810−0.067%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0107%8h4.4700−0.313%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0123%8h4.4756−0.187%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0127%1h4.4730−0.245%$168K$804K50xas long as short
Aevo NEAR-PERP+0.0128%1h4.4805−0.078%$208K$40K3xas long as short
BingX NEAR-USDCshort+0.0176%8h4.4800−0.089%$6.7M
MEXC NEAR_USDT+0.0181%8h4.4780−0.134%$85.5M$145.2M200xas long as short
Binance NEARUSDT+0.0182%8h4.4834−0.013%$272.2M$1.09B75xas long as short
SoDEX NEAR-USD+0.0206%1h4.4800−0.089%$5K$52K10xas long as short
Kalshi KXNEARPERP+0.0300%8h4.4707−0.297%$1.1M$25.0M2.2xas long as short
BloFin NEAR-USDT+0.0302%8h4.4870+0.067%$13.6M$33.1M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0316% / S −0.0201%1h4.4764−0.170%$240K100xas long as short
Aster NEARUSDT+0.0338%8h4.4800−0.089%$2.9M$5.0M50xas long as short
Extended NEAR-USD+0.0352%1h4.4780−0.134%$3.7M$18.9M25xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4842+0.004%$2.3M$16.5M50xas long as short
01 Exchange NEARUSD+0.0520%1h4.4774−0.147%$13K$7K10xas long as short
Nado NEAR-PERP+0.0539%1h4.4740−0.223%$1.8M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0584%1h4.4820−0.045%$1.3M$6.5M20xas long as short
Hyperliquid NEAR+0.0625%1h4.4825−0.033%$368.6M$309.3M10xas long as short
Kraken Futures PF_NEARUSD+0.0652%1h4.4765−0.167%$7.4M$38.3M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4780−0.134%$227K$1.6M10xas long as short
Phoenix NEAR+0.1003%1h4.5001+0.359%$1.9M$2.5M10xas long as short
Lighter RH NEAR+0.1040%1h4.4874+0.076%$1.5M$6.7M10xas long as short
Lighter NEAR+0.1056%1h4.4870+0.066%$17.6M$24.7M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1113%1h4.4805−0.078%$1.9M$12.3M25xas long as short
Pacifica NEAR+0.1187%1h4.4682−0.352%$412K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1213%1h4.4680−0.356%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4771−0.154%$678K$1.4M10xas long as short