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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Polymarket Perps against Aevo+0.023%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$620.622% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.023%, 7d avg +0.002%
Together, before fees−0.196%−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.021% dearer against Aevo than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of +0.002%): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo NEAR-PERP4.36400.0112pay 0.0014% / 1h52m 38s$203K$40K3x
ShortPolymarket Perps NEAR-USD4.36500.0100get 0.0013% / 1h52m 38s$272K$4.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$2.52
Price spread: +0.023% → +0.002%
$2.07
Slippage, 4 orders
−$38.16
Fee Aevo: 8 bp × 2 orders
−$16
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$62.62
Costs to cover
0.622%
Break-even
never at this rate
Slippage from Aevo: live order book, 46 min ago; Polymarket Perps: live order book, 11 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, 46 min ago10.41 bp24.5 bp −$25113.7 bp −$1,137doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 11 min ago2.07 bp6.3 bp −$69.2 bp −$92doesn'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
Kraken Futures PF_NEARUSD−0.0433%1h4.3635−0.010%$7.2M$38.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3629−0.024%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3608−0.073%$107K$67K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3618−0.050%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.110%$578$301K12xas long as short
Phemex NEARUSDT+0.0085%8h4.3650+0.023%$3.5M$8.2M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3630−0.023%$119K$500K50xas long as short
Aster NEARUSDT+0.0100%8h4.3618−0.051%$2.7M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.3613−0.062%$220.0M$429.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3620−0.046%$61.5M$296.2M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.3650+0.023%$229K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3688+0.110%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.3631−0.021%$36.1M$61.6M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3630−0.023%$52.9M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3637−0.007%$72.1M$127.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.3578−0.143%$8.9M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.3594−0.105%$253K$893K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3697+0.130%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3570−0.160%$166K$816K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.3650+0.023%$272K$4.1M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.3666+0.060%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3700+0.137%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3645+0.011%$5K$50K10xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3600−0.091%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3643+0.007%$3.6M$16.1M25xas long as short
Aevo NEAR-PERPlong+0.0112%1h4.3640long leg$203K$40K3x
Binance NEARUSDT+0.0129%8h4.3613−0.061%$263.2M$1.09B75xas long as short
MEXC NEAR_USDT+0.0132%8h4.3630−0.023%$90.2M$152.9M200xas long as short
BingX NEAR-USDT+0.0138%8h4.3650+0.023%$82.9Mas long as short
Kalshi KXNEARPERP+0.0159%8h4.3667+0.062%$918K$25.1M2.2xas long as short
Hyperliquid NEAR+0.0175%1h4.3644+0.009%$351.8M$316.4M10xas long as short
BloFin NEAR-USDT+0.0252%8h4.3650+0.023%$13.4M$32.2M75xas long as short
01 Exchange NEARUSD+0.0304%1h4.3647+0.016%$13K$7K10xas long as short
Nado NEAR-PERP+0.0331%1h4.3643+0.008%$1.7M$3.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0345% / S −0.0246%1h4.36400.000%$255K100xas long as short
Lighter RH NEAR+0.0376%1h4.3659+0.044%$1.5M$6.4M10xas long as short
HTX NEAR-USDT+0.0430%8h4.3760+0.275%$463K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3744+0.238%$2.3M$17.1M50xas long as short
Backpack NEAR_USDC_PERP+0.0551%1h4.3690+0.115%$1.1M$7.2M20xas long as short
Lighter NEAR+0.0648%1h4.3658+0.041%$17.2M$23.8M15xas long as short
RISEx NEAR/USDC+0.0656%1h4.3632−0.017%$592K$1.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0689%1h4.3689+0.112%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.0701%1h4.3612−0.063%$411K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3754+0.261%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1095%1h4.3680+0.092%$5K$7K10xas long as short