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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against ApeX Omni+0.440%70s7-day average −0.064% · 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 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)−0.955%−$95 · spread now +0.440%, 7d avg −0.064%
Together, before fees−1.004%−$100 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: Orderly is 0.504% dearer against ApeX Omni than usual: you sell high and buy low, +$50 on $10k if it goes back to its 7-day average of −0.064%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.40500.0100pay 0.0013% / 1h21m 58s$169K$802K50x
ShortOrderly PERP_NEAR_USDC4.42440.0100get 0.0100% / 8h4h 21m$57K$227K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
Price spread: +0.440% → −0.064%
$50.41
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$34.41
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 37 min ago; Orderly: 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 ApeX Omni live order book, 37 min ago7.82 bp15.5 bp −$1693.3 bp −$933doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h4.4119+0.158%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4128+0.177%$2.3M$15.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.4173+0.279%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4185+0.306%$596K$22.1M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4211+0.365%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.993%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4160+0.250%$113K$518K50xas long as short
Pacifica NEAR+0.0100%1h4.4175+0.285%$422K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4235+0.421%$271.7M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4180+0.295%$222.1M$424.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4180+0.295%$62.9M$300.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4098+0.109%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4172+0.277%$32.0M$63.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4220+0.386%$74.5M$149.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4190+0.318%$54.7M$46.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4159+0.247%$72.6M$130.5M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4190+0.318%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3777−0.620%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4030−0.044%$264K$977K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3860−0.431%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.4050long leg$169K$802K50x
Polymarket Perps NEAR-USD+0.0100%1h4.4186+0.309%$232K$3.9M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.4244+0.440%$57K$227K20x
SunX NEAR-USDT+0.0100%8h4.4280+0.522%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4215+0.375%$8K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4230+0.409%$458K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4190+0.318%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4166+0.263%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4275+0.511%$206K$40K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.4260+0.477%$13.9M$32.9M75xas long as short
Backpack NEAR_USDC_PERP+0.0292%1h4.4130+0.182%$1.4M$6.5M20xas long as short
Hyperliquid NEAR+0.0295%1h4.4157+0.242%$364.2M$324.5M10xas long as short
Aster NEARUSDT+0.0303%8h4.4176+0.286%$3.0M$5.5M50xas long as short
01 Exchange NEARUSD+0.0312%1h4.4233+0.415%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0190%1h4.4211+0.366%$234K100xas long as short
Extended NEAR-USD+0.0336%1h4.4140+0.204%$3.9M$19.7M25xas long as short
Nado NEAR-PERP+0.0530%1h4.4142+0.209%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4220+0.386%$219K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0587%1h4.4249+0.452%$8.2M$39.7M50xas long as short
Lighter RH NEAR+0.0592%1h4.4260+0.477%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4201+0.343%$1.8M$2.8M10xas long as short
Lighter NEAR+0.0904%1h4.4265+0.488%$17.8M$26.5M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0904%1h4.4262+0.481%$2.0M$7.3M25xas long as short
RISEx NEAR/USDC+0.0926%1h4.4208+0.358%$587K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1510%1h4.4112+0.141%$5K$12K10xas long as short