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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0820%/8h= +89.8% APRnext payment +$1.03 per $10,000 · paid last 24h +0.132%
Price spread now: RISEx against Aevo−0.537%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$950.949% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.385%+$39 on $10k
Price spread, last 4 days (all we have)−0.374%−$37 · spread now −0.537%, 7d avg +0.035%
Together, before fees+0.011%+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.572% cheaper against Aevo than usual: you would sell low and buy high (spread −0.537% now, against its 7-day average of +0.035%). If the spread goes back, that is −$57 on $10k: about 2.3 days of funding at the current rate (+$25 a day). At the pace of the last 4 days (+0.385% in total) that is about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo NEAR-PERP4.49450.0104pay 0.0013% / 1h6m 39s$209K$40K3x
ShortRISEx NEAR/USDC4.47040.0924get 0.0116% / 1h6m 39s$571K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$172.3
Price spread: −0.537% → +0.035%
−$57.19
Slippage, 4 orders
−$72.89
Fee Aevo: 8 bp × 2 orders
−$16
Fee RISEx: 3 bp × 2 orders
−$6
Net
$20.22
Costs to cover
0.949%
Break-even
6.2 days
Slippage from Aevo: live order book, 57 min ago; RISEx: live order book, 2 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, 57 min ago10.31 bp41.1 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell RISEx live order book, 2 min ago1.67 bp4.7 bp −$513.6 bp −$136doesn'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%1h4.4874−0.157%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.4860−0.189%$2.2M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4569−0.837%$110K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.5042+0.216%$538K$21.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4959+0.030%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.865%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4620−0.723%$112K$513K50xas long as short
Pacifica NEAR+0.0100%1h4.4641−0.676%$426K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4645−0.667%$274.0M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4627−0.708%$224.2M$426.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4630−0.701%$64.0M$304.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5467+1.160%$259K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4606−0.754%$32.4M$65.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4670−0.612%$78.6M$149.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4660−0.634%$55.2M$45.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4637−0.685%$73.5M$130.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4660−0.634%$146.9Mas long as short
Variational Omni NEAR+0.0100%8h4.5696+1.671%$8.8M$18.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.5326+0.848%$272K$976K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5311+0.814%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5320+0.834%$174K$797K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4862−0.185%$222K$3.8M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4923−0.049%$57K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4980+0.078%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4900−0.100%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4920−0.056%$464K$4.1M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4890−0.122%$3.8M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4630−0.701%$32K$60810xas long as short
Aevo NEAR-PERPlong+0.0104%1h4.4945long leg$209K$40K3x
Extended NEAR-USD+0.0184%1h4.4636−0.687%$4.1M$19.4M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.4890−0.122%$14.2M$33.7M75xas long as short
Aster NEARUSDT+0.0295%8h4.4773−0.382%$3.1M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0358% / S −0.0247%1h4.4925−0.044%$270K100xas long as short
01 Exchange NEARUSD+0.0384%1h4.4703−0.538%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.4730−0.478%$216K$1.8M10xas long as short
Nado NEAR-PERP+0.0433%1h4.4850−0.211%$1.9M$3.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0530%1h4.4925−0.044%$2.0M$4.5M25xas long as short
Backpack NEAR_USDC_PERP+0.0553%1h4.4817−0.285%$1.4M$6.7M20xas long as short
Kraken Futures PF_NEARUSD+0.0686%1h4.4926−0.043%$8.3M$41.3M50xas long as short
Lighter RH NEAR+0.0704%1h4.4720−0.501%$1.6M$7.2M10xas long as short
Hyperliquid NEAR+0.0787%1h4.4735−0.467%$373.2M$323.4M10xas long as short
Phoenix NEAR+0.0855%1h4.5453+1.130%$1.9M$2.7M10xas long as short
RISEx NEAR/USDCshort+0.0924%1h4.4704−0.537%$571K$1.4M10x
Lighter NEAR+0.1136%1h4.4734−0.469%$18.0M$27.0M15xas long as short
Aftermath Perps NEARUSD+0.1601%1h4.5331+0.858%$6K$12K10xas long as short