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−0.1089%/8h= −119.2% APRpaid last 24h −0.325%
Price spread now: GRVT against Aftermath Perps+0.065%67s7-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 fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
The price spread pays, funding is against you. GRVT is 0.065% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 5 hours. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps NEARUSD4.27980.1189pay 0.0149% / 1h1m 52s$5K$12K10x
ShortGRVT NEAR_USDT_Perp4.28260.0100get 0.0100% / 8h1m 52s$1.4M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$228.6
Price spread: +0.065% → 0.000%
$6.5
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$240.1
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; GRVT: 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 GRVT live order book, 1 min ago2.34 bp9.8 bp −$1025.3 bp −$253doesn'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%1h4.2659−0.324%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2786−0.028%$2.2M$13.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.2809+0.025%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2746−0.122%$391K$18.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2744−0.125%$203K150xas long as short
Variational Omni NEAR+0.0032%8h4.2749−0.114%$7.8M$18.5Mas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.243%$578$302K12xas long as short
Bybit NEARUSDT+0.0037%8h4.2666−0.308%$217.1M$421.8M75xas long as short
01 Exchange NEARUSD+0.0064%1h4.2726−0.168%$13K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2690−0.252%$110K$496K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0099%8h4.2754−0.103%$57K$194K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2684−0.267%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2752−0.106%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2793−0.012%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2694−0.244%$253.0M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2680−0.276%$60.7M$285.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2750−0.112%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2757−0.095%$244K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2708−0.210%$30.8M$60.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2720−0.182%$79.0M$142.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2740−0.136%$55.8M$43.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2670−0.299%$70.7M$126.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2680−0.276%$140.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.2741−0.133%$244K$1.2M20xas long as short
GRVT NEAR_USDT_Perpshort+0.0100%8h4.2826+0.065%$1.4M$1.3M10x
ApeX Omni NEARUSDT+0.0100%1h4.2820+0.051%$179K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2692−0.248%$194K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2800+0.005%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2745−0.124%$4K$54K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2750−0.112%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.2697−0.236%$3.8M$16.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2741−0.133%$202K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2769−0.069%$7.6M$37.4M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2780−0.042%$13.0M$29.3M75xas long as short
Lighter RH NEAR+0.0336%1h4.2812+0.033%$1.6M$7.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0316%1h4.2751−0.110%$275K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2715−0.194%$418K$1.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0405%1h4.2786−0.028%$1.9M$2.8M25xas long as short
Backpack NEAR_USDC_PERP+0.0449%1h4.2774−0.056%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2887+0.208%$1.8M$2.7M10xas long as short
Hyperliquid NEAR+0.0585%1h4.2782−0.037%$364.5M$301.3M10xas long as short
Nado NEAR-PERP+0.0655%1h4.2690−0.252%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0739%8h4.2820+0.051%$457K$3.7M75xas long as short
Aftermath Perps NEARUSDlong+0.1189%1h4.2798long leg$5K$12K10x
Lighter NEAR+0.1784%1h4.2880+0.191%$16.9M$24.7M15xas long as short