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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0857%/8h= −93.8% APRnext payment $1.07 per $10,000 · paid last 24h −0.356%
Price spread now: Coinbase International against Aftermath Perps+0.255%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Coinbase International is 0.255% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.255% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 24 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps NEARUSD4.16880.0825pay 0.0103% / 1h32m 54s$5K$11K10x
ShortCoinbase International NEAR-PERP-INTX4.1794−0.0032pay 0.0004% / 1h32m 54s$2.1M$12.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aftermath Perps. 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
−$179.87
Price spread: +0.255% → 0.000%
$25.46
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$173.41
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Coinbase International live order book, 1 min ago5.74 bp15.2 bp −$1524.0 bp −$240doesn't fitdoesn't fit
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.1712+0.057%$2K20xas long as short
Coinbase International NEAR-PERP-INTXshort−0.0032%1h4.1794+0.255%$2.1M$12.7M50x
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.667%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1804+0.278%$108K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1810+0.293%$431K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1754+0.159%$206K150xas long as short
Kraken Futures PF_NEARUSD+0.0049%1h4.1741+0.128%$7.6M$36.8M50xas long as short
01 Exchange NEARUSD+0.0072%1h4.1834+0.351%$12K$7K10xas long as short
Lighter RH NEAR+0.0096%1h4.1767+0.190%$1.5M$6.9M10xas long as short
Popdex NEARUSDT+0.0096%1h4.1780+0.221%$111K$483K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0099%8h4.1748+0.144%$53K$158K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1813+0.301%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1803+0.277%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1836+0.354%$362K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1750+0.149%$238.7M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1723+0.084%$212.7M$423.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1730+0.101%$57.4M$276.1M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1830+0.341%$311K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1500−0.451%$236K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1742+0.130%$29.9M$57.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1740+0.125%$82.1M$141.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1760+0.173%$55.0M$44.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1741+0.127%$69.1M$125.4M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1740+0.125%$136.8Mas long as short
Variational Omni NEAR+0.0100%8h4.1530−0.378%$7.7M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.1767+0.189%$238K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1831+0.343%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1790+0.245%$175K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1755+0.161%$206K$3.2M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1870+0.437%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1716+0.067%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1740+0.125%$3.8M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.1730+0.102%$3.8M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1735+0.113%$201K$62K3xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0133%1h4.1777+0.214%$1.8M$2.2M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.1740+0.125%$12.2M$33.2M75xas long as short
Lighter NEAR+0.0280%1h4.1796+0.260%$15.9M$23.2M15xas long as short
Hyperliquid NEAR+0.0299%1h4.1796+0.259%$352.6M$298.6M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1840+0.364%$411K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0381% / S −0.0328%1h4.1744+0.134%$281K100xas long as short
Backpack NEAR_USDC_PERP+0.0439%1h4.1774+0.207%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0530%1h4.1717+0.071%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1571−0.280%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSDlong+0.0825%1h4.1688long leg$5K$11K10x
HTX NEAR-USDT+0.0985%8h4.1830+0.341%$448K$3.6M75xas long as short