Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SoDEX against Binance+0.001%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on SoDEX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NEARUSDT	4.2831	0.0100	pay 0.0100% / 8h	22m 01s	$253.6M	$1.08B	75x
Short	SoDEX NEAR-USD	4.2831	0.0100	get 0.0013% / 1h	22m 01s	$12K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee SoDEXbpOrdersPrice spread, now +0.001%Rate

Funding earned: $0
Price spread: +0.001% → 0.000%: $0.1
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$17.9
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 min ago; SoDEX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 7 min ago	1.17 bp	6.2 bp −$6	9.8 bp −$98	26.5 bp −$2,652	112.2 bp −$56.1K
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.2819	−0.027%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0072%	1h	4.2820	−0.025%	$2.2M	$13.1M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2793	−0.088%	$111K	$62K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2799	−0.074%	$340K	$18.7M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2864	+0.078%	$202K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−3.317%	$578	$302K	12x	as long as short
Bybit NEARUSDT	+0.0061%	8h	4.2803	−0.064%	$218.5M	$422.1M	75x	as long as short
Variational Omni NEAR	+0.0062%	8h	4.2470	−0.842%	$7.9M	$18.4M	—	as long as short
01 Exchange NEARUSD	+0.0088%	1h	4.2871	+0.094%	$13K	$7K	10x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2830	−0.001%	$109K	$497K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2808	−0.052%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2853	+0.052%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2801	−0.069%	$401K	$1.2M	10x	as long as short
Binance NEARUSDTlong	+0.0100%	8h	4.2831	long leg	$253.6M	$1.08B	75x
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2820	−0.025%	$60.9M	$286.6M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2830	−0.001%	$196K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2551	−0.653%	$242K	$2K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.2830	−0.001%	$30.7M	$59.9M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2830	−0.001%	$78.3M	$142.0M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2880	+0.115%	$55.7M	$43.4M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2826	−0.011%	$71.0M	$126.1M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2830	−0.001%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2470	−0.841%	$242K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2778	−0.122%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2500	−0.772%	$178K	$791K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2860	+0.069%	$192K	$3.4M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.2860	+0.069%	$57K	$194K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2880	+0.115%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USDshort	+0.0100%	1h	4.2831	+0.001%	$12K	$50K	10x
Phemex NEARUSDT	+0.0100%	8h	4.2830	−0.001%	$3.8M	$8.6M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2821	−0.022%	$3.9M	$16.1M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2835	+0.011%	$202K	$66K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0118%	1h	4.2867	+0.085%	$7.7M	$37.5M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2680	−0.352%	$13.1M	$29.3M	75x	as long as short
Lighter RH NEAR	+0.0336%	1h	4.2883	+0.122%	$1.5M	$7.0M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0376% / S −0.0314%	1h	4.2869	+0.090%	$275K	—	100x	as long as short
RISEx NEAR/USDC	+0.0404%	1h	4.2867	+0.085%	$417K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0457%	1h	4.2892	+0.143%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0463%	1h	4.2601	−0.536%	$1.8M	$2.7M	10x	as long as short
Nado NEAR-PERP	+0.0692%	1h	4.2823	−0.018%	$1.9M	$3.4M	10x	as long as short
Hyperliquid NEAR	+0.0738%	1h	4.2907	+0.178%	$368.6M	$298.6M	10x	as long as short
HTX NEAR-USDT	+0.0805%	8h	4.2880	+0.115%	$461K	$3.7M	75x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0870%	1h	4.2913	+0.192%	$1.9M	$2.5M	25x	as long as short
Aftermath Perps NEARUSD	+0.1142%	1h	4.2677	−0.358%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1696%	1h	4.2939	+0.253%	$16.5M	$23.9M	15x	as long as short