NEAR

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.269%

7d average—if it closes, per $10,000$27funding while held, a day+$7.72

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange NEARUSD	4.0118	0.0376	pay 0.0047% / 1h	19m 46s	$12K	$8K	10x
Short	Phoenix NEAR	4.0010	0.0633	get 0.0079% / 1h	19m 46s	$1.6M	$2.7M	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee 01 ExchangebpFee PhoenixbpOrdersClose when spread is

Spread captured: −$26.92
Funding while held: $7.72
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$33.2
Spread needed to break even: 0.140%

Slippage unknown: 01 Exchange: no order-book sample; Phoenix: live order book, 5 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0257%
Per $10,000 a day: +$7.72
Average in range /8h: —

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 Phoenix live order book, 5 min ago	1.00 bp	11.8 bp −$12	28.5 bp −$285	145.0 bp −$14.5K	doesn't fit

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 price on every exchange

against the cheapest. Click to use as the short leg.

Variational Omni3.9866cheapest Bulk3.9950+0.210%Injective3.9950+0.210%edgeX3.9951+0.213%BloFin3.9970+0.260%Aftermath Perps3.9994+0.321%ApeX Omni4.0000+0.335%

Phoenix4.0010+0.360%

Extended4.0025+0.399%OKX4.0030+0.410%Coinbase International4.0036+0.425%Paradex4.0040+0.435%Bybit4.0040+0.435%dYdX4.0042+0.441%GMX4.0049+0.458%Arcus4.0050+0.461%MEXC4.0050+0.461%Kalshi4.0052+0.466%Aevo4.0057+0.478%Orderly4.0058+0.481%SoDEX4.0058+0.481%Phemex4.0060+0.486%Reya4.0061+0.487%Nado4.0062+0.491%Kraken Futures4.0063+0.492%Binance4.0064+0.495%gTrade (Gains Network)4.0069+0.509%Aster4.0073+0.519%Popdex4.0080+0.536%SunX4.0080+0.536%Pacifica4.0087+0.554%RISEx4.0089+0.558%BingX4.0090+0.561%Polymarket Perps4.0090+0.561%Deribit4.0091+0.563%Gate4.0093+0.568%Bitget4.0103+0.593%Lighter4.0114+0.622%Lighter RH4.0118+0.631%

01 Exchange4.0118+0.631%

KuCoin4.0130+0.661%Backpack4.0135+0.674%Hyperliquid4.0156+0.727%HTX4.0210+0.862%

NEAR on 44 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni NEAR	−0.627%	+0.0100%	8h	$7.3M	$18.3M	—	as long as short
Bulk NEAR-USD	−0.419%	+0.0100%	1h	$229K	$8K	10x	as long as short
Injective NEAR/USDC PERP	−0.419%	+0.0033%	1h	$558	$140K	12x	as long as short
edgeX NEARUSDC	−0.415%	+0.0100%	4h	$245K	$1.2M	20x	as long as short
BloFin NEAR-USDT	−0.369%	+0.0220%	8h	$12.3M	$31.6M	75x	as long as short
Aftermath Perps NEARUSD	−0.308%	+0.1220%	1h	$5K	$12K	10x	as long as short
ApeX Omni NEARUSDT	−0.294%	+0.0100%	1h	$109K	$757K	50x	as long as short
Phoenix NEARshort	−0.269%	+0.0633%	1h	$1.6M	$2.7M	10x
Extended NEAR-USD	−0.231%	+0.0104%	1h	$3.3M	$13.7M	25x	as long as short
OKX NEAR-USDT-SWAP	−0.219%	+0.0100%	8h	$53.9M	$276.4M	50x	as long as short

Show all 44 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International NEAR-PERP-INTX	−0.204%	−0.0008%	1h	$2.1M	$12.0M	50x	as long as short
Paradex NEAR-USD-PERP	−0.195%	+0.0100%	8h	$29K	$2K	10x	as long as short
Bybit NEARUSDT	−0.194%	+0.0100%	8h	$198.8M	$423.5M	75x	as long as short
dYdX NEAR-USD	−0.189%	+0.0014%	1h	$101K	$53K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	−0.172%	L +0.0364% / S −0.0309%	1h	$260K	—	100x	as long as short
Arcus NEAR-USD	−0.169%	+0.0100%	1h	$236K	$1.6M	10x	as long as short
MEXC NEAR_USDT	−0.169%	+0.0100%	8h	$71.7M	$143.6M	200x	as long as short
Kalshi KXNEARPERP	−0.165%	0.0000%	8h	$496K	$20.2M	2.2x	as long as short
Aevo NEAR-PERP	−0.152%	+0.0104%	1h	$194K	$66K	3x	as long as short
Orderly PERP_NEAR_USDC	−0.150%	+0.0100%	8h	$52K	$160K	20x	as long as short
SoDEX NEAR-USD	−0.150%	+0.0100%	1h	$4K	$44K	10x	as long as short
Phemex NEARUSDT	−0.145%	+0.0100%	8h	$3.7M	$8.4M	50x	as long as short
Reya NEARRUSDPERP	−0.143%	−0.0171%	1h	$2K	—	20x	as long as short
Nado NEAR-PERP	−0.140%	+0.0360%	1h	$1.9M	$3.8M	10x	as long as short
Kraken Futures PF_NEARUSD	−0.138%	+0.0653%	1h	$7.0M	$33.9M	50x	as long as short
Binance NEARUSDT	−0.135%	+0.0100%	8h	$228.8M	$1.09B	75x	as long as short
gTrade (Gains Network) NEAR/USD	−0.122%	L +0.0004% / S −0.0004%	1h	$154K	—	150x	as long as short
Aster NEARUSDT	−0.111%	+0.0100%	8h	$2.7M	$5.9M	50x	as long as short
Popdex NEARUSDT	−0.095%	+0.0096%	1h	$103K	$482K	50x	as long as short
SunX NEAR-USDT	−0.095%	+0.0100%	8h	$2K	$1.4M	20x	as long as short
Pacifica NEAR	−0.077%	+0.0225%	1h	$443K	$1.1M	10x	as long as short
RISEx NEAR/USDC	−0.072%	+0.0548%	1h	$396K	$1.2M	10x	as long as short
BingX NEAR-USDT	−0.070%	+0.0100%	8h	—	$135.6M	—	as long as short
Polymarket Perps NEAR-USD	−0.070%	+0.0100%	1h	$179K	$3.1M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	−0.067%	+0.0699%	1h	$1.8M	$1.9M	25x	as long as short
Gate NEAR_USDT	−0.062%	+0.0100%	8h	$28.3M	$55.0M	75x	as long as short
Bitget NEARUSDT	−0.037%	+0.0100%	8h	$66.7M	$118.6M	75x	as long as short
Lighter NEAR	−0.009%	+0.0968%	1h	$15.0M	$22.4M	15x	as long as short
Lighter RH NEAR	0.000%	+0.0360%	1h	$1.3M	$7.2M	10x	as long as short
01 Exchange NEARUSDlong	0.000%	+0.0376%	1h	$12K	$8K	10x
KuCoin NEARUSDTM	+0.030%	+0.0100%	8h	$56.6M	$45.0M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.042%	+0.1189%	1h	$1.5M	$4.4M	20x	as long as short
Hyperliquid NEAR	+0.095%	+0.0688%	1h	$322.5M	$291.8M	10x	as long as short
HTX NEAR-USDT	+0.229%	+0.1476%	8h	$441K	$4.0M	75x	as long as short