Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRnext payment $0.06 per $10,000 · paid last 24h −0.043%
Price spread now: Coinbase International against Aevo−0.050%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2132.127% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.230%−$23 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.050%, 7d avg −0.032%
Together, before fees−0.253%−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo NEAR-PERP4.29940.0104pay 0.0013% / 1h2m 46s$200K$37K3x
ShortCoinbase International NEAR-PERP-INTX4.29730.0056get 0.0007% / 1h2m 46s$2.3M$15.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
−$10.08
Price spread: −0.050% → −0.032%
−$1.76
Slippage, 4 orders
−$186.68
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$224.52
Costs to cover
2.127%
Break-even
never at this rate
Slippage from Aevo: live order book, 51 min ago; Coinbase International: live order book, 1 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 Aevo live order book, 51 min ago85.15 bp93.2 bp −$93doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago6.86 bp14.5 bp −$1520.2 bp −$202doesn't fitdoesn't fit

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%1h4.2969−0.060%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2873−0.283%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2940−0.126%$161K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.685%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTXshort+0.0056%1h4.2973−0.050%$2.3M$15.7M50x
Popdex NEARUSDT+0.0096%1h4.2970−0.057%$111K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.2990−0.010%$262.1M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2943−0.120%$212.6M$426.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2950−0.103%$60.7M$285.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3449+1.057%$248K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.2933−0.143%$31.9M$62.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2980−0.034%$73.2M$147.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2980−0.034%$53.4M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2955−0.092%$71.0M$127.4M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2960−0.080%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.2987−0.016%$8.1M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.2977−0.041%$251K$949K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2967−0.063%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3190+0.455%$166K$794K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3000+0.013%$268K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2977−0.041%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3010+0.036%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3060+0.152%$461K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3010+0.036%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2905−0.209%$31K$60810xas long as short
Aevo NEAR-PERPlong+0.0104%1h4.2994long leg$200K$37K3x
BloFin NEAR-USDT+0.0220%8h4.2980−0.034%$13.4M$31.7M75xas long as short
Kalshi KXNEARPERP+0.0250%8h4.2964−0.071%$777K$23.9M2.2xas long as short
Pacifica NEAR+0.0263%1h4.2925−0.161%$396K$1.3M10xas long as short
SoDEX NEAR-USD+0.0321%1h4.2955−0.092%$6K$53K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0322% / S −0.0198%1h4.2936−0.137%$232K100xas long as short
Aster NEARUSDT+0.0331%8h4.2980−0.034%$2.8M$5.5M50xas long as short
01 Exchange NEARUSD+0.0528%1h4.2999+0.011%$13K$7K10xas long as short
Extended NEAR-USD+0.0544%1h4.2926−0.160%$3.7M$19.8M25xas long as short
Hyperliquid NEAR+0.0561%1h4.2987−0.017%$351.8M$313.1M10xas long as short
Nado NEAR-PERP+0.0564%1h4.2950−0.103%$1.8M$3.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0564%1h4.2977−0.041%$1.3M$6.8M20xas long as short
Arcus NEAR-USD+0.0627%1h4.2990−0.010%$211K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0717%1h4.2957−0.088%$7.5M$38.9M50xas long as short
Lighter RH NEAR+0.0912%1h4.3008+0.032%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3300+0.711%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1032%1h4.3033+0.090%$17.4M$25.1M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.2990−0.010%$672K$1.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1310%1h4.3010+0.036%$1.9M$10.0M25xas long as short
Aftermath Perps NEARUSD+0.1536%1h4.3090+0.223%$5K$12K10xas long as short