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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.087%
Price spread now: Nado against ApeX Omni+0.327%61s7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.460% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.110%+$11 on $10k
Price spread, last 4 days (all we have)−1.677%−$168 · spread now +0.327%, 7d avg −0.097%
Together, before fees−1.567%+ Points / potential airdropNado: Active · farm board−$157 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Nado is 0.424% dearer against ApeX Omni than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of −0.097%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.35500.0100pay 0.0013% / 1h29m 39s$164K$825K50x
ShortNado NEAR-PERP4.36920.0267get 0.0033% / 1h29m 39s$1.7M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$35.04
Price spread: +0.327% → −0.097%
$42.39
Slippage, 4 orders
−$29.04
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$31.38
Costs to cover
0.460%
Break-even
0.7 days
Slippage from ApeX Omni: live order book, 4 min ago; Nado: live order book, 4 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, 4 min ago4.59 bp13.7 bp −$1484.9 bp −$849doesn't fitdoesn't fit
Sell Nado live order book, 4 min ago1.49 bp6.9 bp −$715.0 bp −$150doesn'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
Kraken Futures PF_NEARUSD−0.0432%1h4.3677+0.291%$7.2M$38.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3683+0.306%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3800+0.573%$107K$65K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3680+0.297%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.914%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3720+0.390%$120K$503K50xas long as short
Aster NEARUSDT+0.0100%8h4.3826+0.633%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.3850+0.689%$264.4M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3810+0.597%$220.6M$427.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3790+0.551%$61.8M$295.2M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.3790+0.551%$222K$1.5M10xas long as short
Gate NEAR_USDT+0.0100%8h4.3808+0.592%$36.7M$62.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3800+0.574%$90.5M$157.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3850+0.689%$52.6M$45.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3763+0.489%$72.2M$127.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.3688+0.316%$9.0M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.3563+0.030%$253K$895K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3640+0.208%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.3550long leg$164K$825K50x
Polymarket Perps NEAR-USD+0.0100%1h4.3710+0.367%$273K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3699+0.342%$56K$239K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3780+0.528%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3790+0.551%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3700+0.344%$3.5M$8.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3708+0.364%$252K$3K10xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3832+0.648%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3764+0.492%$3.6M$15.5M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3702+0.348%$203K$40K3xas long as short
BingX NEAR-USDC+0.0107%8h4.3790+0.551%$6.7Mas long as short
Kalshi KXNEARPERP+0.0140%8h4.3685+0.310%$862K$25.4M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.3730+0.413%$12.7M$32.3M75xas long as short
Hyperliquid NEAR+0.0245%1h4.3860+0.712%$354.4M$316.3M10xas long as short
Nado NEAR-PERPshort+0.0267%1h4.3692+0.327%$1.7M$3.1M10x
01 Exchange NEARUSD+0.0320%1h4.3740+0.436%$13K$6K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0353% / S −0.0257%1h4.3679+0.296%$257K100xas long as short
HTX NEAR-USDT+0.0414%8h4.3830+0.643%$463K$3.7M75xas long as short
Lighter NEAR+0.0424%1h4.3859+0.709%$17.3M$23.9M15xas long as short
Lighter RH NEAR+0.0472%1h4.3861+0.714%$1.5M$6.4M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3786+0.542%$2.3M$17.2M50xas long as short
Backpack NEAR_USDC_PERP+0.0518%1h4.3782+0.533%$1.1M$7.1M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.3786+0.542%$591K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.3837+0.658%$413K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0735%1h4.3710+0.367%$1.9M$13.1M25xas long as short
Phoenix NEAR+0.0740%1h4.3734+0.423%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1034%1h4.3730+0.414%$5K$7K10xas long as short