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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1159%/8h= +126.9% APRnext payment +$1.45 per $10,000 · paid last 24h +0.154%
Price spread now: RISEx against ApeX Omni+0.467%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$11as in the Price arb table
costs, in and out, $10k−$390.392% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.433%+$43 on $10k
Price spread, last 4 days (all we have)−0.678%−$68 · spread now +0.467%, 7d avg −0.034%
Together, before fees−0.245%−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and RISEx is 0.501% dearer against ApeX Omni than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.40100.0100pay 0.0013% / 1h22m 51s$166K$805K50x
ShortRISEx NEAR/USDC4.42160.1259get 0.0157% / 1h22m 51s$665K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$243.41
Price spread: +0.467% → −0.034%
$50.13
Slippage, 4 orders
−$23.17
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$254.37
Costs to cover
0.392%
Break-even
from the start
Slippage from ApeX Omni: live order book, 21 min ago; RISEx: live order book, 1 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, 21 min ago6.68 bp16.2 bp −$1678.7 bp −$787doesn't fitdoesn't fit
Sell RISEx live order book, 1 min ago1.14 bp4.1 bp −$410.0 bp −$100doesn'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%1h4.4176+0.377%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4162+0.346%$109K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4170+0.364%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.908%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4190+0.409%$112K$484K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4220+0.477%$224.2M$430.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4210+0.454%$62.6M$296.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4350+0.773%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4232+0.504%$35.7M$61.8M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4250+0.545%$53.6M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4218+0.473%$72.6M$127.7M75xas long as short
Variational Omni NEAR+0.0100%8h4.4187+0.403%$8.8M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4030+0.046%$257K$915K20xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.4010long leg$166K$805K50x
Polymarket Perps NEAR-USD+0.0100%1h4.4213+0.461%$291K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4213+0.461%$59K$236K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4260+0.568%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4270+0.591%$464K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4180+0.386%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0104%8h4.4179+0.384%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0108%8h4.4030+0.044%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0136%1h4.4205+0.443%$206K$38K3xas long as short
Extended NEAR-USD+0.0168%1h4.4217+0.470%$3.7M$18.3M25xas long as short
SoDEX NEAR-USD+0.0185%1h4.4165+0.352%$5K$52K10xas long as short
BingX NEAR-USDT+0.0200%8h4.4230+0.500%$144.0Mas long as short
MEXC NEAR_USDT+0.0208%8h4.4260+0.568%$80.6M$149.0M200xas long as short
Binance NEARUSDT+0.0208%8h4.4250+0.545%$270.0M$1.08B75xas long as short
Kalshi KXNEARPERP+0.0251%8h4.4179+0.384%$1.0M$24.9M2.2xas long as short
Aster NEARUSDT+0.0304%8h4.4240+0.523%$2.8M$4.9M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0198%1h4.4173+0.369%$235K100xas long as short
BloFin NEAR-USDT+0.0328%8h4.4160+0.341%$13.7M$32.6M75xas long as short
Backpack NEAR_USDC_PERP+0.0420%1h4.4209+0.452%$1.3M$6.9M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4242+0.527%$2.3M$16.8M50xas long as short
01 Exchange NEARUSD+0.0456%1h4.4229+0.498%$13K$7K10xas long as short
Hyperliquid NEAR+0.0482%1h4.4273+0.598%$361.2M$312.7M10xas long as short
Nado NEAR-PERP+0.0568%1h4.4176+0.377%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0661%1h4.4162+0.345%$7.3M$38.3M50xas long as short
Lighter NEAR+0.0824%1h4.4187+0.402%$17.4M$25.3M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0837%1h4.4210+0.454%$1.9M$13.0M25xas long as short
Arcus NEAR-USD+0.0880%1h4.4240+0.523%$228K$1.6M10xas long as short
Lighter RH NEAR+0.0920%1h4.4205+0.443%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4335+0.738%$1.8M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4205+0.443%$422K$1.4M10xas long as short
RISEx NEAR/USDCshort+0.1259%1h4.4216+0.467%$665K$1.4M10x
Aftermath Perps NEARUSD+0.1274%1h4.4228+0.496%$5K$12K10xas long as short