ArbiLayer

NEAR arbitrage

live

Live NEAR Protocol price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.03%Variational → Hyperliquid · Perp–Perp
Best perp–perp spread+0.19%Variational → Hyperliquid
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.29%$5.14 – $5.16

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$5.16Bybit logoBybitspot$5.16 +0.02%-0.18% +0.02%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$5.16Bybit logoBybitspot$5.16 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
Binance logoBinancespot$5.16Bybit logoBybitspot$5.16 0.00%-0.20% 0.00%— 0.000%— LS Chart →
OKX logoOKXspot$5.16Bybit logoBybitspot$5.16 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$5.16Binance logoBinancespot$5.16 0.00%-0.20% 0.00%— 0.000%— LS Chart →
MEXC logoMEXCspot$5.16Bybit logoBybitspot$5.16 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$5.16Binance logoBinancespot$5.16 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
Gate logoGatespot$5.16KuCoin logoKuCoinspot$5.15 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
Gate logoGatespot$5.16MEXC logoMEXCspot$5.15 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
Bitget logoBitgetspot$5.16Bybit logoBybitspot$5.16 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
OKX logoOKXspot$5.16Binance logoBinancespot$5.16 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$5.16MEXC logoMEXCspot$5.15 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Gate logoGatespot$5.16OKX logoOKXspot$5.15 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
MEXC logoMEXCspot$5.16Binance logoBinancespot$5.16 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Binance logoBinancespot$5.16KuCoin logoKuCoinspot$5.15 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

NEAR price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · NEARUSDTPerpetual $5.15$5.15$5.15-0.04% +0.026%$264.85M
OKX logoOKXPerpetual · NEAR-USDT-SWAPPerpetual $5.15$5.15$5.15-0.04% +0.030%$242.04M
Hyperliquid logoHyperliquidPerpetual · NEARPerpetual $5.16$5.16$5.16+0.05% +0.030%$177.52M
MEXC logoMEXCPerpetual · NEAR_USDTPerpetual $5.15$5.15$5.15-0.04% +0.011%$146.06M
Bitget logoBitgetPerpetual · NEARUSDTPerpetual $5.15$5.15$5.15-0.09% +0.030%$107.05M
KuCoin logoKuCoinSpot · NEAR-USDTSpot $5.15$5.16$5.16+0.01% —$53.26M
Bybit logoBybitSpot · NEARUSDTSpot $5.16$5.16$5.16+0.04% —$33.69M
OKX logoOKXSpot · NEAR-USDTSpot $5.15$5.16$5.15+0.01% —$33.23M
KuCoin logoKuCoinPerpetual · NEARUSDTMPerpetual $5.15$5.16$5.15-0.00% +0.030%$30.98M
Gate logoGateSpot · NEAR_USDTSpot $5.15$5.16$5.150.00% —$29.32M
Variational logoVariationalPerpetual · NEARPerpetual $5.14$5.15$5.14-0.20% +0.028%$9.94M
Gate logoGatePerpetual · NEAR_USDTPerpetual $5.15$5.15$5.15-0.06% +0.030%$9.60M
Bitget logoBitgetSpot · NEARUSDTSpot $5.15$5.16$5.15+0.01% —$6.62M
HTX logoHTXPerpetual · NEAR-USDTPerpetual $5.16$5.16$5.16+0.09% +0.030%$5.34M
Binance logoBinancePerpetual · NEARUSDTPerpetual $5.15$5.15$5.15-0.06% +0.011%—
Aster logoAsterPerpetual · NEARUSDTPerpetual $5.15$5.16$5.15-0.01% +0.030%—
Binance logoBinanceSpot · NEARUSDTSpot $5.16$5.16$5.16+0.02% ——
MEXC logoMEXCSpot · NEARUSDTSpot $5.15$5.16$5.16+0.02% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

NEAR arbitrage explained

Right now NEAR Protocol (NEAR) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $5.15 and the highest bid on Hyperliquid perp at $5.16.

The widest NEAR perpetual spread is between Variational and Hyperliquid: long NEAR on Variational at $5.15 and short on Hyperliquid at $5.16 for +0.19% gross, or +0.03% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.002% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best NEAR route is to buy spot on Gate and short the perpetual on Hyperliquid: +0.02% gross, -0.18% net, with +0.030% a day of funding on the short leg.

Spot–spot NEAR arbitrage (buy on Gate, withdraw, deposit and sell on Bybit) shows +0.02% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small NEAR gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: NEAR funding rates · NEAR spread charts · NEAR Protocol price · arbitrage scanner for all coins.

Is there a NEAR arbitrage opportunity right now?

The best NEAR route right now is to buy on Variational → sell on Hyperliquid (Perp–Perp): +0.19% gross and +0.03% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest NEAR?

Variational (perp) has the lowest NEAR ask at $5.15, and Hyperliquid (perp) the highest bid at $5.16. Prices update every 15 seconds on this page.

How many exchanges list NEAR?

ArbiLayer tracks 18 NEAR markets on 11 venues: 11 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage NEAR without transferring coins?

Use two perpetual contracts: go long NEAR on the cheaper exchange (Variational now) and short it on the more expensive one (Hyperliquid), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

CRO +17.18%BLAST +14.54%POWER +14.46%OKB +14.45%ONE +7.77%UPC +7.62%C98 +7.00%ESPORTS +6.39%OPENAI +6.21%TA +4.91%BDX +4.79%AI +4.54%ANTHROPIC +3.38%OURA +3.34%CATE +3.27%H100 +3.15%SPCX +3.08%ZIL +2.98%