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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.038%
Price spread now: Aevo against BloFin−0.449%53s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$690.693% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.215%−$22 on $10k
Price spread, last 4 days (all we have)+0.791%+$79 · spread now −0.449%, 7d avg +0.005%
Together, before fees+0.576%+$58 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aevo is 0.454% cheaper against BloFin than usual: you would sell low and buy high (−$45 if the spread goes back to its 7-day average of +0.005%). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.56900.0220pay 0.0220% / 8h7h 01m$12.9M$33.6M75x
ShortAevo NEAR-PERP4.54850.0104get 0.0013% / 1h1m 56s$211K$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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
−$24.36
Price spread: −0.449% → +0.005%
−$45.38
Slippage, 4 orders
−$41.34
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$139.08
Costs to cover
0.693%
Break-even
never at this rate
Slippage from BloFin: live order book, 7 min ago; Aevo: live order book, 32 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 BloFin live order book, 7 min ago1.11 bp7.1 bp −$714.3 bp −$14331.2 bp −$3,12591.1 bp −$45.6K
Sell Aevo live order book, 32 min ago10.34 bp26.2 bp −$26doesn'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
Kraken Futures PF_NEARUSD−0.0415%1h4.5494−0.429%$7.5M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.5502−0.412%$2K20xas long as short
Phemex NEARUSDT−0.0062%8h4.5470−0.482%$3.6M$7.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.5518−0.377%$111K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5468−0.487%$171K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−9.367%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5520−0.372%$119K$516K50xas long as short
Aster NEARUSDT+0.0100%8h4.5540−0.328%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.5530−0.350%$276.3M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5490−0.438%$237.2M$435.2M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.5460−0.503%$64.8M$310.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.5570−0.263%$238K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5050−1.401%$260K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5514−0.385%$39.1M$64.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5540−0.328%$85.3M$167.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5550−0.306%$54.0M$45.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5465−0.492%$75.1M$127.5M75xas long as short
BingX NEAR-USDC+0.0100%8h4.5500−0.416%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.5318−0.815%$9.4M$17.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.5430−0.569%$268K$900K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5537−0.335%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5480−0.460%$171K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5525−0.361%$283K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5472−0.477%$59K$254K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5540−0.328%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5515−0.383%$5K$49K10xas long as short
Extended NEAR-USD+0.0104%1h4.5523−0.366%$3.8M$15.0M25xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.5485−0.449%$211K$38K3x
Paradex NEAR-USD-PERP+0.0108%8h4.5560−0.285%$33K$41310xas long as short
Kalshi KXNEARPERP+0.0128%8h4.5630−0.131%$913K$25.5M2.2xas long as short
Nado NEAR-PERP+0.0219%1h4.5535−0.339%$1.8M$3.2M10xas long as short
BloFin NEAR-USDTlong+0.0220%8h4.5690long leg$12.9M$33.6M75x
HTX NEAR-USDT+0.0343%8h4.5550−0.306%$482K$3.8M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0348% / S −0.0244%1h4.5474−0.473%$267K100xas long as short
01 Exchange NEARUSD+0.0392%1h4.5524−0.363%$13K$5K10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.5569−0.265%$2.4M$17.9M50xas long as short
Hyperliquid NEAR+0.0497%1h4.5538−0.333%$370.2M$320.1M10xas long as short
Lighter RH NEAR+0.0560%1h4.5560−0.285%$1.6M$6.6M10xas long as short
Lighter NEAR+0.0568%1h4.5568−0.268%$17.9M$24.3M15xas long as short
Backpack NEAR_USDC_PERP+0.0651%1h4.5529−0.352%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.5686−0.009%$649K$1.6M10xas long as short
Pacifica NEAR+0.0701%1h4.5586−0.229%$430K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.5702+0.026%$1.7M$2.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1158%1h4.5526−0.359%$2.0M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1261%1h4.5321−0.807%$6K$7K10xas long as short