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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.1409%/8h= −154.3% APRnext payment $1.76 per $10,000 · paid last 24h −0.307%
Price spread now: Popdex against Aftermath Perps−0.160%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 −$42 a day on $10k at the current rate, and Popdex is 0.160% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$16 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 NEARUSD4.33090.1505pay 0.0188% / 1h7m 20s$5K$12K10x
ShortPopdex NEARUSDT4.32400.0096get 0.0012% / 1h7m 20s$115K$474K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$295.97
Price spread: −0.160% → 0.000%
−$15.98
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$327.35
Costs to cover
0.154%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Popdex: 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 Popdex live order book, 1 min ago1.16 bp6.4 bp −$655.5 bp −$555doesn'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%1h4.3244−0.151%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0130%1h4.3351+0.096%$8.0M$38.0M50xas long as short
Phemex NEARUSDT−0.0115%8h4.3250−0.137%$3.8M$8.4M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3319+0.023%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.3239−0.163%$112K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3248−0.141%$346K$18.6M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3280−0.066%$159K150xas long as short
Variational Omni NEAR+0.0010%8h4.3248−0.142%$8.2M$18.9Mas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.385%$578$302K12xas long as short
01 Exchange NEARUSD+0.0040%1h4.3234−0.174%$13K$7K10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDTshort+0.0096%1h4.3240−0.160%$115K$474K50x
Orderly PERP_NEAR_USDC+0.0098%8h4.3318+0.020%$57K$162K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3215−0.218%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.3294−0.035%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.3256−0.123%$403K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3263−0.106%$258.2M$1.05B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3211−0.227%$218.6M$413.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3300−0.021%$61.1M$277.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3260−0.114%$205K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3243−0.154%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3254−0.127%$31.1M$60.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3250−0.137%$75.7M$141.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3260−0.114%$56.2M$42.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3318+0.020%$72.2M$122.0M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3270−0.090%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3251−0.134%$258K$1.1M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3241−0.158%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3290−0.044%$181K$775K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3270−0.090%$198K$3.4M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3300−0.021%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3310+0.002%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3350+0.094%$457K$3.7M75xas long as short
Extended NEAR-USD+0.0104%1h4.33090.000%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3316+0.015%$202K$31K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3250−0.137%$13.1M$27.7M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0375% / S −0.0307%1h4.3282−0.063%$276K100xas long as short
Hyperliquid NEAR+0.0410%1h4.3337+0.064%$367.9M$301.0M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3266−0.100%$404K$1.2M10xas long as short
Nado NEAR-PERP+0.0429%1h4.3240−0.159%$1.9M$3.1M10xas long as short
Lighter RH NEAR+0.0480%1h4.3379+0.161%$1.6M$7.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0486%1h4.3352+0.099%$1.3M$5.9M20xas long as short
Phoenix NEAR+0.0499%1h4.3397+0.203%$1.8M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0651%1h4.3348+0.090%$1.9M$3.9M25xas long as short
Aftermath Perps NEARUSDlong+0.1505%1h4.3309long leg$5K$12K10x
Lighter NEAR+0.1800%1h4.3351+0.097%$17.3M$24.7M15xas long as short