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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0877%/8h= −96.0% APRnext payment $1.10 per $10,000 · paid last 24h −0.231%
Price spread now: GMX against Aftermath Perps−0.120%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and GMX is 0.120% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps NEARUSD4.30850.1190pay 0.0149% / 1h48m 41s$5K$11K10x
ShortGMX NEAR/USD [ETH-USDC]4.3033L +0.0376% / S −0.0313%get 0.0039% / 1h48m 41s$276K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$184.11
Price spread: −0.120% → 0.000%
−$12.02
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
−$217.13
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample
Aftermath Perps and GMX: 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%1h4.3008−0.178%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2964−0.280%$2.2M$13.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.2801−0.658%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2911−0.403%$389K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3013−0.167%$204K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.887%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3080−0.011%$109K$496K50xas long as short
Bybit NEARUSDT+0.0099%8h4.2780−0.707%$219.9M$421.6M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2816−0.624%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2884−0.465%$3.0M$5.5M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2839−0.570%$403K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2828−0.596%$253.6M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2800−0.661%$61.1M$285.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2810−0.638%$197K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000−0.197%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2937−0.343%$30.3M$58.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2830−0.591%$79.3M$140.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2840−0.568%$56.2M$43.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2810−0.638%$71.1M$126.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2840−0.568%$138.4Mas long as short
Variational Omni NEAR+0.0100%8h4.3020−0.151%$8.0M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3021−0.148%$269K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2980−0.243%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2990−0.220%$180K$788K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3102+0.040%$201K$3.3M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2977−0.250%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3050−0.081%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2950−0.313%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2980−0.243%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2915−0.395%$4.0M$15.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2950−0.313%$207K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2977−0.250%$7.5M$36.9M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2970−0.266%$13.0M$30.8M75xas long as short
01 Exchange NEARUSD+0.0224%1h4.3116+0.073%$13K$7K10xas long as short
Lighter RH NEAR+0.0328%1h4.2882−0.470%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]shortL +0.0376% / S −0.0313%1h4.3033−0.120%$276K100x
Deribit NEAR_USDC-PERPETUAL+0.0378%1h4.3003−0.190%$1.9M$2.3M25xas long as short
RISEx NEAR/USDC+0.0404%1h4.3096+0.026%$415K$1.2M10xas long as short
Phoenix NEAR+0.0463%1h4.3418+0.774%$1.8M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0476%1h4.3020−0.150%$1.3M$5.6M20xas long as short
Nado NEAR-PERP+0.0816%1h4.3038−0.109%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0889%8h4.3160+0.175%$461K$3.7M75xas long as short
Aftermath Perps NEARUSDlong+0.1190%1h4.3085long leg$5K$11K10x
Hyperliquid NEAR+0.1228%1h4.2945−0.324%$370.2M$297.8M10xas long as short
Lighter NEAR+0.1952%1h4.2944−0.327%$16.5M$23.6M15xas long as short