Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.1395%/8h= −152.8% APRpaid last 24h −0.306%

Price spread now: edgeX against Aftermath Perps−0.018%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on edgeX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$42 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps NEARUSD	4.3313	0.1495	pay 0.0187% / 1h	8m 51s	$5K	$12K	10x
Short	edgeX NEARUSDC	4.3305	0.0100	get 0.0050% / 4h	3h 08m	$258K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee edgeXbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$293.04
Price spread: −0.018% → 0.000%: −$1.85
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$312.89
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; edgeX: live order book, 5 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell edgeX live order book, 5 min ago	6.91 bp	12.5 bp −$12	34.8 bp −$348	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.3278	−0.081%	$2K	—	20x	as long as short
Kraken Futures PF_NEARUSD	−0.0130%	1h	4.3329	+0.038%	$8.0M	$38.0M	50x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0096%	1h	4.3282	−0.071%	$2.3M	$13.0M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3138	−0.403%	$112K	$64K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3210	−0.237%	$346K	$18.7M	2.2x	as long as short
Phemex NEARUSDT	0.0000%	8h	4.3260	−0.122%	$3.8M	$8.4M	50x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3303	−0.021%	$205K	—	150x	as long as short
Variational Omni NEAR	+0.0010%	8h	4.3248	−0.150%	$8.2M	$18.9M	—	as long as short
01 Exchange NEARUSD	+0.0032%	1h	4.3271	−0.096%	$13K	$7K	10x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.393%	$578	$302K	12x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex NEARUSDT	+0.0096%	1h	4.3300	−0.029%	$115K	$474K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0098%	8h	4.3319	+0.015%	$57K	$162K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3170	−0.330%	$31K	$608	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3262	−0.116%	$3.0M	$5.8M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3132	−0.417%	$401K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3237	−0.174%	$258.1M	$1.05B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3220	−0.214%	$218.7M	$414.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3220	−0.214%	$61.0M	$278.3M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3250	−0.145%	$205K	$1.7M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3083	−0.529%	$245K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3228	−0.195%	$31.1M	$60.9M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3220	−0.214%	$75.7M	$141.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3230	−0.191%	$56.1M	$42.6M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3232	−0.186%	$72.0M	$122.3M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3210	−0.237%	—	$6.6M	—	as long as short
edgeX NEARUSDCshort	+0.0100%	4h	4.3305	−0.018%	$258K	$1.1M	20x
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3459	+0.339%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3340	+0.063%	$181K	$775K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3316	+0.008%	$198K	$3.4M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3380	+0.156%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3300	−0.029%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3410	+0.225%	$458K	$3.7M	75x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3211	−0.236%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3303	−0.021%	$202K	$31K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3300	−0.029%	$13.2M	$27.8M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0375% / S −0.0307%	1h	4.3313	+0.002%	$276K	—	100x	as long as short
Hyperliquid NEAR	+0.0394%	1h	4.3294	−0.043%	$367.4M	$300.8M	10x	as long as short
Nado NEAR-PERP	+0.0426%	1h	4.3285	−0.064%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0428%	1h	4.3305	−0.017%	$404K	$1.2M	10x	as long as short
Lighter RH NEAR	+0.0472%	1h	4.3318	+0.012%	$1.6M	$7.0M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0486%	1h	4.3288	−0.057%	$1.3M	$5.9M	20x	as long as short
Phoenix NEAR	+0.0499%	1h	4.3638	+0.751%	$1.8M	$2.7M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0535%	1h	4.3339	+0.061%	$2.0M	$3.8M	25x	as long as short
Aftermath Perps NEARUSDlong	+0.1495%	1h	4.3313	long leg	$5K	$12K	10x
Lighter NEAR	+0.1784%	1h	4.3381	+0.159%	$17.3M	$24.7M	15x	as long as short