Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: SunX against Aevo+0.070%57s7-day average +0.142% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 3 days (all we have)+0.089%+$9 · spread now +0.070%, 7d avg +0.142%

Together, before fees+0.090%+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.072% cheaper against Aevo than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.142%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NEAR-PERP	4.1161	0.0104	pay 0.0013% / 1h	12m 28s	$199K	$61K	3x
Short	SunX NEAR-USDT	4.1190	0.0100	get 0.0100% / 8h	2h 12m	$2K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee AevobpFee SunXbpOrdersPrice spread, now +0.070%Rate

Funding earned: −$0.84
Price spread: +0.070% → +0.142%: −$7.23
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee SunX: 4 bp × 2 orders: −$8
Net: −$32.07
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: live order book, 11 min ago; SunX: live order book, 2 min ago. Net counts fees only.

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 Aevo live order book, 11 min ago	19.39 bp	32.1 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 2 min ago	503.75 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.1123	−0.094%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0024%	1h	4.1179	+0.043%	$2.1M	$12.6M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.1142	−0.048%	$103K	$54K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.1163	+0.004%	$396K	$18.6M	2.2x	as long as short
Deribit NEAR_USDC-PERPETUAL	0.0000%	1h	4.1168	+0.016%	$1.8M	$2.1M	25x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1138	−0.056%	$204K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	+0.604%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.1130	−0.076%	$107K	$490K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.1176	+0.036%	$53K	$157K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1122	−0.096%	$30K	$647	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NEARUSDT	+0.0100%	8h	4.1160	−0.004%	$2.9M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.1149	−0.029%	$347K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.1120	−0.100%	$234.3M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.1140	−0.052%	$209.2M	$428.6M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1160	−0.003%	$56.2M	$274.6M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1200	+0.094%	$235K	$6K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.1136	−0.061%	$29.3M	$58.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.1130	−0.076%	$80.2M	$144.6M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.1150	−0.027%	$55.6M	$44.9M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1127	−0.083%	$68.4M	$126.9M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.1150	−0.027%	—	$136.5M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.1293	+0.320%	$7.7M	$18.5M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1291	+0.316%	$235K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1255	+0.227%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1280	+0.288%	$181K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1158	−0.008%	$204K	$3.1M	10x	as long as short
SunX NEAR-USDTshort	+0.0100%	8h	4.1190	+0.070%	$2K	$1.4M	20x
SoDEX NEAR-USD	+0.0100%	1h	4.1135	−0.064%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1150	−0.027%	$3.8M	$8.3M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1121	−0.097%	$3.7M	$14.6M	25x	as long as short
Aevo NEAR-PERPlong	+0.0104%	1h	4.1161	long leg	$199K	$61K	3x
Arcus NEAR-USD	+0.0118%	1h	4.1150	−0.027%	$306K	$1.6M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0151%	1h	4.1163	+0.003%	$7.3M	$37.0M	50x	as long as short
01 Exchange NEARUSD	+0.0168%	1h	4.1142	−0.047%	$12K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.1140	−0.052%	$12.2M	$33.5M	75x	as long as short
Lighter RH NEAR	+0.0264%	1h	4.1181	+0.048%	$1.4M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0370%	1h	4.1124	−0.089%	$1.8M	$3.6M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0372% / S −0.0317%	1h	4.1134	−0.065%	$271K	—	100x	as long as short
RISEx NEAR/USDC	+0.0569%	1h	4.1157	−0.011%	$410K	$1.2M	10x	as long as short
Phoenix NEAR	+0.0582%	1h	4.1296	+0.327%	$1.7M	$2.8M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0754%	1h	4.1200	+0.094%	$1.4M	$5.7M	20x	as long as short
Lighter NEAR	+0.0784%	1h	4.1189	+0.067%	$15.2M	$23.0M	15x	as long as short
Hyperliquid NEAR	+0.0892%	1h	4.1187	+0.062%	$345.7M	$299.9M	10x	as long as short
Aftermath Perps NEARUSD	+0.0932%	1h	4.1255	+0.227%	$5K	$11K	10x	as long as short
HTX NEAR-USDT	+0.1080%	8h	4.1320	+0.386%	$444K	$3.7M	75x	as long as short