Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.042%

Price spread now: Gate against 01 Exchange−0.007%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 Gate

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 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: −$10 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	4.3132	0.0440	pay 0.0055% / 1h	0m 53s	$13K	$7K	10x
Short	Gate NEAR_USDT	4.3129	0.0100	get 0.0100% / 8h	1h 00m	$35.1M	$62.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.007%Rate

Funding earned: −$71.4
Price spread: −0.007% → 0.000%: −$0.7
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$94.1
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago	2.78 bp	16.7 bp −$17	22.0 bp −$220	41.1 bp −$4,105	54.3 bp −$27.2K

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	4.3108	−0.056%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3153	+0.048%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3108	−0.055%	$161K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.992%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3130	−0.005%	$105K	$492K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3154	+0.051%	$218.2M	$431.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3150	+0.042%	$60.6M	$290.4M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3565	+1.005%	$248K	−$0	10x	as long as short
Gate NEAR_USDTshort	+0.0100%	8h	4.3129	−0.007%	$35.1M	$62.5M	75x
KuCoin NEARUSDTM	+0.0100%	8h	4.3160	+0.065%	$52.2M	$45.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.3146	+0.032%	$71.4M	$128.6M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3137	+0.013%	$8.6M	$18.7M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3231	+0.230%	$251K	$906K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3225	+0.217%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3400	+0.621%	$163K	$804K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3138	+0.014%	$288K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3142	+0.023%	$57K	$235K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3230	+0.227%	$1K	$1.3M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3135	+0.007%	$5K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3250	+0.274%	$457K	$3.8M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3170	+0.088%	$3.5M	$8.2M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0103%	8h	4.3137	+0.013%	$31K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3130	−0.004%	$3.6M	$17.8M	25x	as long as short
Aevo NEAR-PERP	+0.0136%	1h	4.3157	+0.058%	$201K	$38K	3x	as long as short
BingX NEAR-USDT	+0.0203%	8h	4.3150	+0.042%	—	$144.8M	—	as long as short
Binance NEARUSDT	+0.0212%	8h	4.3170	+0.088%	$262.6M	$1.09B	75x	as long as short
MEXC NEAR_USDT	+0.0213%	8h	4.3170	+0.088%	$74.8M	$151.2M	200x	as long as short
Kalshi KXNEARPERP	+0.0215%	8h	4.3152	+0.046%	$945K	$25.1M	2.2x	as long as short
Aster NEARUSDT	+0.0253%	8h	4.3145	+0.031%	$2.7M	$4.8M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0313% / S −0.0200%	1h	4.3102	−0.069%	$230K	—	100x	as long as short
BloFin NEAR-USDT	+0.0332%	8h	4.3170	+0.088%	$13.5M	$32.0M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0394%	1h	4.3164	+0.074%	$1.3M	$6.9M	20x	as long as short
Hyperliquid NEAR	+0.0423%	1h	4.3187	+0.127%	$351.1M	$314.8M	10x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0424%	1h	4.3142	+0.023%	$2.3M	$16.5M	50x	as long as short
01 Exchange NEARUSDlong	+0.0440%	1h	4.3132	long leg	$13K	$7K	10x
Nado NEAR-PERP	+0.0542%	1h	4.3147	+0.034%	$1.6M	$3.2M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0677%	1h	4.3111	−0.049%	$7.1M	$38.3M	50x	as long as short
Lighter NEAR	+0.0728%	1h	4.3188	+0.130%	$17.0M	$25.6M	15x	as long as short
Lighter RH NEAR	+0.0824%	1h	4.3190	+0.134%	$1.5M	$6.8M	10x	as long as short
Arcus NEAR-USD	+0.0880%	1h	4.3190	+0.134%	$227K	$1.6M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0887%	1h	4.3150	+0.042%	$1.9M	$13.0M	25x	as long as short
Phoenix NEAR	+0.1003%	1h	4.3312	+0.417%	$1.8M	$2.5M	10x	as long as short
Pacifica NEAR	+0.1187%	1h	4.3168	+0.083%	$398K	$1.4M	10x	as long as short
RISEx NEAR/USDC	+0.1259%	1h	4.3146	+0.032%	$656K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1298%	1h	4.3364	+0.537%	$5K	$12K	10x	as long as short