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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h +0.002%
Price spread now: Aevo against BingX−0.023%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1331.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.023%, 7d avg +0.032%
Together, before fees+0.264%+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.055% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.032%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.087%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NEAR-USDC4.34200.0206pay 0.0206% / 8h42m 23s$6.7M
ShortAevo NEAR-PERP4.34100.0136get 0.0017% / 1h42m 23s$202K$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BingX. 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
−$14.7
Price spread: −0.023% → +0.032%
−$5.48
Slippage, 4 orders
−$107.32
Fee BingX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$153.5
Costs to cover
1.333%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Aevo: live order book, 61 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 BingX live order book, 10 min ago1.15 bp10.7 bp −$1128.1 bp −$28165.3 bp −$6,531420.2 bp −$210.1K
Sell Aevo live order book, 61 min ago10.03 bp56.1 bp −$56doesn't fitdoesn'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%1h4.3390−0.070%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3346−0.170%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0009%1h4.3409−0.025%$145K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3380−0.093%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.629%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3390−0.069%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3412−0.018%$219.0M$430.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3410−0.023%$61.0M$292.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3597+0.407%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3404−0.037%$35.3M$62.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3400−0.046%$52.6M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3411−0.021%$71.9M$128.1M75xas long as short
Variational Omni NEAR+0.0100%8h4.3267−0.353%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3376−0.102%$251K$901K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3210−0.484%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3280−0.322%$165K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3425+0.012%$283K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3434+0.032%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3510+0.207%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3400−0.046%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3230−0.438%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3371−0.113%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3380−0.092%$3.6M$17.4M25xas long as short
HTX NEAR-USDT+0.0108%8h4.3290−0.299%$460K$3.8M75xas long as short
Aevo NEAR-PERPshort+0.0136%1h4.3410−0.023%$202K$38K3x
Kalshi KXNEARPERP+0.0196%8h4.3210−0.484%$938K$25.1M2.2xas long as short
MEXC NEAR_USDT+0.0206%8h4.34200.000%$82.5M$149.7M200xas long as short
BingX NEAR-USDClong+0.0206%8h4.3420long leg$6.7M
Binance NEARUSDT+0.0206%8h4.3440+0.046%$263.4M$1.09B75xas long as short
Aster NEARUSDT+0.0214%8h4.34200.000%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0203%1h4.34200.000%$233K100xas long as short
01 Exchange NEARUSD+0.0320%1h4.3408−0.028%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0326%8h4.3250−0.392%$13.3M$31.9M75xas long as short
Hyperliquid NEAR+0.0332%1h4.3435+0.035%$350.8M$317.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0420%1h4.3239−0.417%$1.2M$7.0M20xas long as short
Nado NEAR-PERP+0.0428%1h4.3367−0.121%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3345−0.173%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0576%1h4.3409−0.025%$1.5M$6.6M10xas long as short
Arcus NEAR-USD+0.0638%1h4.3390−0.069%$226K$1.6M10xas long as short
Lighter NEAR+0.0736%1h4.3420+0.001%$17.1M$25.0M15xas long as short
Pacifica NEAR+0.0949%1h4.3349−0.163%$408K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3305−0.265%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3450+0.069%$620K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1275%1h4.3331−0.204%$5K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.2192%1h4.3516+0.221%$1.9M$13.2M25xas long as short