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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.040%
Price spread now: SunX against BloFin+0.160%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2282.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.216%−$22 on $10k
Price spread, last 4 days (all we have)+0.300%+$30 · spread now +0.160%, 7d avg +0.138%
Together, before fees+0.085%+$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.022% dearer against BloFin than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.138%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.37300.0220pay 0.0220% / 8h7h 30m$12.7M$32.3M75x
ShortSunX NEAR-USDT4.38000.0100get 0.0100% / 8h7h 30m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$25.2
Price spread: +0.160% → +0.138%
$2.18
Slippage, 4 orders
−$207.63
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$250.65
Costs to cover
2.276%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; SunX: live order book, 4 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, 4 min ago2.29 bp17.1 bp −$1720.8 bp −$20846.9 bp −$4,689104.9 bp −$52.4K
Sell SunX live order book, 4 min ago66.38 bp115.5 bp −$116doesn'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−0.0432%1h4.3676−0.123%$7.2M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3683−0.107%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3703−0.063%$107K$65K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3689−0.094%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.305%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3720−0.023%$120K$503K50xas long as short
Aster NEARUSDT+0.0100%8h4.3720−0.023%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.3727−0.007%$263.6M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3700−0.069%$220.1M$427.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3690−0.091%$61.6M$294.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.3750+0.046%$222K$1.5M10xas long as short
Gate NEAR_USDT+0.0100%8h4.3684−0.105%$36.6M$62.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3690−0.091%$90.4M$157.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3720−0.023%$52.5M$45.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3690−0.091%$72.1M$127.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.3688−0.097%$9.0M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.3563−0.382%$253K$895K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3640−0.205%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3550−0.412%$164K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3703−0.062%$273K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3718−0.027%$56K$239K20xas long as short
SunX NEAR-USDTshort+0.0100%8h4.3800+0.160%$2K$1.3M20x
SoDEX NEAR-USD+0.0100%1h4.3695−0.080%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3710−0.046%$3.5M$8.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3708−0.050%$252K$3K10xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3699−0.071%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3679−0.117%$3.6M$15.5M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3710−0.046%$203K$40K3xas long as short
BingX NEAR-USDC+0.0107%8h4.3700−0.069%$6.7Mas long as short
Kalshi KXNEARPERP+0.0141%8h4.3727−0.007%$865K$25.4M2.2xas long as short
BloFin NEAR-USDTlong+0.0220%8h4.3730long leg$12.7M$32.3M75x
Hyperliquid NEAR+0.0236%1h4.3691−0.089%$353.1M$316.3M10xas long as short
Nado NEAR-PERP+0.0263%1h4.37300.000%$1.7M$3.1M10xas long as short
01 Exchange NEARUSD+0.0320%1h4.3740+0.023%$13K$6K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0353% / S −0.0256%1h4.3677−0.121%$257K100xas long as short
HTX NEAR-USDT+0.0408%8h4.3850+0.274%$463K$3.7M75xas long as short
Lighter NEAR+0.0424%1h4.3743+0.029%$17.3M$23.9M15xas long as short
Lighter RH NEAR+0.0464%1h4.3752+0.050%$1.5M$6.4M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3757+0.062%$2.3M$17.2M50xas long as short
Backpack NEAR_USDC_PERP+0.0519%1h4.3716−0.032%$1.1M$7.1M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.3729−0.003%$591K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.3695−0.081%$412K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3734+0.009%$1.8M$2.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0803%1h4.3737+0.016%$1.9M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1033%1h4.3729−0.002%$5K$7K10xas long as short