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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0863%/8h= +94.4% APRnext payment +$1.08 per $10,000 · paid last 24h +0.090%
Price spread now: Aftermath Perps against Backpack+0.156%7-day average · 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 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 for this trade now. Funding pays +$26 a day on $10k at the current rate, and Aftermath Perps is 0.156% dearer against Backpack than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack NEAR_USDC_PERP4.28000.0445pay 0.0056% / 1h40m 47s$1.3M$5.7M20x
ShortAftermath Perps NEARUSD4.28670.1308get 0.0164% / 1h40m 47s$5K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Backpack. 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
$181.13
Price spread: +0.156% → 0.000%
$15.65
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$177.78
Costs to cover
0.190%
Break-even
0.1 days
Slippage unknown: Backpack: live order book, 3 min ago; Aftermath Perps: 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 Backpack live order book, 3 min ago1.40 bp6.4 bp −$614.0 bp −$140doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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%1h4.2658−0.331%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.2846+0.107%$7.5M$36.9M50xas long as short
Bybit NEARUSDT−0.0125%8h4.2730−0.164%$217.7M$418.3M75xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2792−0.019%$2.3M$13.0M50xas long as short
Gate NEAR_USDT−0.0087%8h4.2719−0.189%$30.8M$58.9M75xas long as short
01 Exchange NEARUSD−0.0008%1h4.2667−0.311%$13K$7K10xas long as short
dYdX NEAR-USD0.0000%1h4.2726−0.173%$111K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2716−0.196%$415K$18.5M2.2xas long as short
Variational Omni NEAR+0.0002%8h4.2588−0.494%$7.9M$18.7Mas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2761−0.091%$202K150xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.248%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2670−0.304%$111K$480K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.2817+0.040%$57K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2739−0.141%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2743−0.134%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2734−0.154%$400K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2730−0.164%$254.1M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2730−0.164%$60.7M$278.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2670−0.304%$195K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3050+0.584%$245K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.2730−0.164%$78.8M$139.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2750−0.117%$55.9M$43.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2550−0.584%$70.6M$124.9M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2530−0.631%$141.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.2773−0.063%$275K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2740−0.140%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2880+0.187%$179K$790K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2672−0.299%$195K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2870+0.164%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2810+0.023%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2870+0.164%$456K$3.6M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2830+0.070%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.2709−0.213%$3.9M$17.2M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2778−0.052%$199K$28K3xas long as short
Hyperliquid NEAR+0.0203%1h4.2748−0.121%$362.9M$302.3M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2830+0.070%$13.1M$28.9M75xas long as short
Lighter RH NEAR+0.0304%1h4.2789−0.026%$1.6M$6.9M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0373% / S −0.0307%1h4.2744−0.131%$272K100xas long as short
RISEx NEAR/USDC+0.0428%1h4.2688−0.261%$404K$1.2M10xas long as short
Backpack NEAR_USDC_PERPlong+0.0445%1h4.2800long leg$1.3M$5.7M20x
Deribit NEAR_USDC-PERPETUAL+0.0498%1h4.2838+0.089%$1.9M$3.2M25xas long as short
Phoenix NEAR+0.0499%1h4.2790−0.023%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0515%1h4.2660−0.327%$1.9M$3.3M10xas long as short
Aftermath Perps NEARUSDshort+0.1308%1h4.2867+0.156%$5K$12K10x
Lighter NEAR+0.2104%1h4.2868+0.160%$17.1M$23.9M15xas long as short