Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.006%

Price spread now: Binance against 01 Exchange−0.003%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange NEARUSD	4.1544	0.0072	pay 0.0009% / 1h	47m 26s	$12K	$7K	10x
Short	Binance NEARUSDT	4.1543	0.0100	get 0.0100% / 8h	1h 47m	$236.9M	$1.08B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee BinancebpOrdersPrice spread, now −0.003%Rate

Funding earned: $5.88
Price spread: −0.003% → 0.000%: −$0.31
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$11.43
Costs to cover: 0.170%
Break-even: 20.6 days

Slippage unknown: 01 Exchange: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange no order-book sample	—	—	—	—	—
Sell Binance live order book, 12 min ago	1.21 bp	8.2 bp −$8	13.4 bp −$134	29.3 bp −$2,927	97.8 bp −$48.9K

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.1503	−0.099%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0032%	1h	4.1379	−0.397%	$2.1M	$12.6M	50x	as long as short
Injective NEAR/USDC PERP	−0.0002%	1h	4.1410	−0.323%	$578	$302K	12x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.1611	+0.162%	$107K	$56K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.1543	−0.002%	$435K	$18.3M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1565	+0.051%	$206K	—	150x	as long as short
Kraken Futures PF_NEARUSD	+0.0049%	1h	4.1596	+0.124%	$7.5M	$36.8M	50x	as long as short
01 Exchange NEARUSDlong	+0.0072%	1h	4.1544	long leg	$12K	$7K	10x
Lighter NEAR	+0.0096%	1h	4.1676	+0.317%	$15.3M	$22.5M	15x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.1530	−0.034%	$111K	$483K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.1583	+0.094%	$54K	$157K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1609	+0.156%	$30K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.1633	+0.215%	$2.9M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.1605	+0.147%	$350K	$1.2M	10x	as long as short
Binance NEARUSDTshort	+0.0100%	8h	4.1543	−0.003%	$236.9M	$1.08B	75x
Bybit NEARUSDT	+0.0100%	8h	4.1520	−0.058%	$211.9M	$423.2M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1510	−0.082%	$56.8M	$274.6M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.1580	+0.087%	$308K	$1.6M	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.1570	+0.063%	$29.6M	$56.9M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.1580	+0.087%	$81.9M	$141.0M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.1640	+0.231%	$56.3M	$44.7M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1513	−0.075%	$69.0M	$125.8M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.1540	−0.010%	—	$136.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.1461	−0.199%	$7.7M	$18.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1473	−0.172%	$236K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1500	−0.105%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1510	−0.082%	$182K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1554	+0.024%	$197K	$3.1M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.1570	+0.063%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.1560	+0.039%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1570	+0.063%	$3.8M	$8.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1450	−0.226%	$236K	$4K	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1533	−0.026%	$3.8M	$14.7M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.1570	+0.063%	$200K	$62K	3x	as long as short
Lighter RH NEAR	+0.0128%	1h	4.1632	+0.212%	$1.4M	$6.9M	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.1460	−0.202%	$12.2M	$33.4M	75x	as long as short
Hyperliquid NEAR	+0.0334%	1h	4.1576	+0.077%	$349.4M	$298.3M	10x	as long as short
RISEx NEAR/USDC	+0.0364%	1h	4.1559	+0.037%	$411K	$1.2M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0380% / S −0.0327%	1h	4.1575	+0.075%	$280K	—	100x	as long as short
Backpack NEAR_USDC_PERP	+0.0472%	1h	4.1611	+0.161%	$1.2M	$5.7M	20x	as long as short
Nado NEAR-PERP	+0.0489%	1h	4.1513	−0.074%	$1.8M	$3.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0495%	1h	4.1614	+0.168%	$1.8M	$2.1M	25x	as long as short
Phoenix NEAR	+0.0542%	1h	4.1447	−0.233%	$1.7M	$2.7M	10x	as long as short
Aftermath Perps NEARUSD	+0.0898%	1h	4.1437	−0.258%	$5K	$11K	10x	as long as short
HTX NEAR-USDT	+0.1016%	8h	4.1670	+0.303%	$446K	$3.6M	75x	as long as short