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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Extended against ApeX Omni+0.219%7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$440.444% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 3 days (all we have)−0.857%−$86 · spread now +0.219%, 7d avg −0.132%
Together, before fees−0.876%+ Points / potential airdropExtended: Active · farm board−$88 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.351% dearer against ApeX Omni than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of −0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.16700.0100pay 0.0013% / 1h25m 33s$174K$794K50x
ShortExtended NEAR-USD4.17610.0104get 0.0013% / 1h25m 33s$3.8M$14.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. 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
$0.84
Price spread: +0.219% → −0.132%
$35.06
Slippage, 4 orders
−$29.41
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$8.51
Costs to cover
0.444%
Break-even
77.9 days
Slippage from ApeX Omni: live order book, 58 min ago; Extended: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 58 min ago8.49 bp16.9 bp −$17121.5 bp −$1,215doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.12 bp5.6 bp −$612.3 bp −$123doesn't fitdoesn't fit

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%1h4.1775+0.251%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1694+0.058%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.624%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1734+0.154%$108K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1725+0.132%$430K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1705+0.084%$206K150xas long as short
Kraken Futures PF_NEARUSD+0.0049%1h4.1721+0.121%$7.6M$36.8M50xas long as short
Lighter RH NEAR+0.0096%1h4.1809+0.334%$1.5M$7.0M10xas long as short
Popdex NEARUSDT+0.0096%1h4.1790+0.288%$111K$483K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1745+0.179%$30K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.1741+0.170%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1749+0.189%$361K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1790+0.289%$239.4M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1778+0.259%$213.2M$422.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1780+0.264%$57.6M$276.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1780+0.264%$240K$1.7M10xas long as short
Gate NEAR_USDT+0.0100%8h4.1755+0.204%$29.9M$57.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1740+0.168%$82.8M$142.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1770+0.240%$55.0M$44.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1790+0.288%$69.2M$125.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1770+0.240%$136.8Mas long as short
Variational Omni NEAR+0.0100%8h4.1650−0.048%$7.7M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.1652−0.043%$238K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1653−0.040%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.1670long leg$174K$794K50x
Polymarket Perps NEAR-USD+0.0100%1h4.1812+0.341%$205K$3.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1704+0.082%$53K$158K20xas long as short
SunX NEAR-USDT+0.0100%8h4.1750+0.192%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1699+0.070%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1700+0.072%$3.9M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1600−0.168%$237K$2K10xas long as short
Extended NEAR-USDshort+0.0104%1h4.1761+0.219%$3.8M$14.7M25x
Aevo NEAR-PERP+0.0104%1h4.1700+0.072%$201K$62K3xas long as short
01 Exchange NEARUSD+0.0112%1h4.1821+0.362%$12K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1790+0.288%$12.3M$31.7M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0325%1h4.1728+0.139%$1.8M$2.2M25xas long as short
Hyperliquid NEAR+0.0364%1h4.1860+0.456%$353.4M$299.1M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1804+0.321%$411K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0381% / S −0.0328%1h4.1711+0.098%$281K100xas long as short
Backpack NEAR_USDC_PERP+0.0443%1h4.1744+0.178%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0540%1h4.1779+0.261%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1813+0.343%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0656%1h4.1856+0.447%$16.0M$23.3M15xas long as short
Aftermath Perps NEARUSD+0.0906%1h4.1779+0.262%$5K$11K10xas long as short
HTX NEAR-USDT+0.0963%8h4.1820+0.360%$447K$3.6M75xas long as short