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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.041%
Price spread now: Popdex against BloFin−0.134%100s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.381% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.159%−$16 on $10k
Price spread, last 4 days (all we have)−0.236%−$24 · spread now −0.134%, 7d avg +0.002%
Together, before fees−0.395%−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Popdex is 0.136% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.002%). Swap the legs. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.48500.0220pay 0.0220% / 8h5h 51m$12.9M$32.5M75x
ShortPopdex NEARUSDT4.47900.0096get 0.0012% / 1h51m 34s$123K$505K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$26.04
Price spread: −0.134% → +0.002%
−$13.59
Slippage, 4 orders
−$19.69
Fee BloFin: 6 bp × 2 orders
−$12
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$77.72
Costs to cover
0.381%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Popdex: live order book, 60 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, 6 min ago2.23 bp12.4 bp −$1218.4 bp −$18442.7 bp −$4,267104.3 bp −$52.1K
Sell Popdex live order book, 60 min ago3.37 bp7.6 bp −$879.1 bp −$791doesn't fitdoesn't fit

NEAR on 45 exchanges

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−0.0235%1h4.4938+0.196%$7.4M$36.9M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4959+0.243%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4788−0.139%$110K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4914+0.143%$845K$26.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4768−0.183%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.670%$578$301K12xas long as short
Popdex NEARUSDTshort+0.0096%1h4.4790−0.134%$123K$505K50x
Aster NEARUSDT+0.0100%8h4.4834−0.035%$2.6M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4826−0.053%$272.1M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4780−0.156%$231.3M$428.0M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4770−0.178%$64.1M$297.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4950+0.223%$268K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4859+0.020%$39.8M$61.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4890+0.089%$75.9M$167.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4890+0.089%$53.3M$44.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4745−0.234%$74.2M$126.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4870+0.045%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.4874+0.053%$8.9M$16.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.4775−0.167%$265K$869K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4810−0.090%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4780−0.156%$167K$824K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4808−0.094%$280K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4971+0.270%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5040+0.424%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4945+0.212%$5K$40K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5020+0.379%$467K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4980+0.290%$3.4M$7.9M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4859+0.019%$32K$5310xas long as short
Extended NEAR-USD+0.0104%1h4.48500.000%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4950+0.223%$209K$38K3xas long as short
Lighter NEAR+0.0184%1h4.4905+0.122%$17.5M$23.3M15xas long as short
Nado NEAR-PERP+0.0209%1h4.4800−0.111%$1.7M$3.1M10xas long as short
BloFin NEAR-USDTlong+0.0220%8h4.4850long leg$12.9M$32.5M75x
Hyperliquid NEAR+0.0239%1h4.4801−0.109%$360.9M$314.6M10xas long as short
01 Exchange NEARUSD+0.0248%1h4.4804−0.103%$13K$4K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0226%1h4.4925+0.168%$263K100xas long as short
Arcus NEAR-USD+0.0343%1h4.4910+0.134%$227K$1.4M10xas long as short
Lighter RH NEAR+0.0448%1h4.4942+0.205%$1.6M$5.8M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.4854+0.009%$633K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.5001+0.337%$2.3M$17.6M50xas long as short
Backpack NEAR_USDC_PERP+0.0647%1h4.4998+0.330%$1.1M$7.0M20xas long as short
Phoenix NEAR+0.0741%1h4.4898+0.107%$1.7M$2.7M10xas long as short
Pacifica NEAR+0.0851%1h4.4903+0.119%$422K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1085%1h4.5007+0.350%$1.9M$13.0M25xas long as short
Aftermath Perps NEARUSD+0.1149%1h4.4890+0.089%$6K$6K10xas long as short