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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against Bulk+0.318%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$750.753% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.003%$0 · spread now +0.318%, 7d avg +0.007%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.311% dearer against Bulk than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk NEAR-USD4.40500.0100pay 0.0013% / 1h25m 12s$251K−$010x
ShortAevo NEAR-PERP4.41900.0104get 0.0013% / 1h25m 12s$206K$34K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Bulk. 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
$0.84
Price spread: +0.318% → +0.007%
$31.06
Slippage, 4 orders
−$52.33
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$43.43
Costs to cover
0.753%
Break-even
368.9 days
Slippage from Bulk: live order book, 44 min ago; Aevo: live order book, 44 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 Bulk live order book, 44 min ago11.59 bp15.1 bp −$1522.9 bp −$22939.8 bp −$3,98476.4 bp −$38.2K
Sell Aevo live order book, 44 min ago10.43 bp21.1 bp −$2187.6 bp −$876doesn't fitdoesn't fit

NEAR on 44 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%1h4.4130+0.181%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.4139+0.202%$2.3M$14.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.4033−0.040%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4126+0.173%$622K$19.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.4169+0.270%$200K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.993%$578$302K12xas long as short
Variational Omni NEAR+0.0072%8h4.3998−0.119%$8.6M$18.6Mas long as short
Phemex NEARUSDT+0.0076%8h4.4170+0.272%$3.9M$8.2M50xas long as short
Popdex NEARUSDT+0.0096%1h4.4190+0.318%$113K$482K50xas long as short
Pacifica NEAR+0.0100%1h4.4082+0.072%$416K$1.2M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.4230+0.409%$266.9M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4143+0.211%$224.2M$418.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4150+0.227%$62.8M$288.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.4180+0.295%$209K$1.8M10xas long as short
Bulk NEAR-USDlong+0.0100%1h4.4050long leg$251K−$010x
Gate NEAR_USDT+0.0100%8h4.4173+0.279%$31.9M$61.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4180+0.295%$76.5M$140.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4190+0.318%$56.5M$42.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4156+0.241%$73.3M$124.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4200+0.341%$142.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4063+0.030%$272K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4048−0.005%$1.5M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3860−0.431%$182K$767K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4189+0.316%$218K$3.5M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4180+0.295%$61K$189K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4240+0.431%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4175+0.284%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4270+0.499%$459K$3.9M75xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4110+0.136%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.4155+0.238%$3.8M$18.4M25xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.4190+0.318%$206K$34K3x
Aster NEARUSDT+0.0158%8h4.4226+0.399%$3.1M$5.7M50xas long as short
Kraken Futures PF_NEARUSD+0.0214%1h4.4220+0.386%$8.1M$40.4M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0356% / S −0.0267%1h4.4167+0.267%$259K100xas long as short
Nado NEAR-PERP+0.0397%1h4.4161+0.251%$1.9M$3.1M10xas long as short
01 Exchange NEARUSD+0.0408%1h4.4221+0.388%$13K$7K10xas long as short
RISEx NEAR/USDC+0.0509%1h4.4217+0.379%$561K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.4147+0.220%$1.8M$2.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0633%1h4.4227+0.402%$1.9M$4.2M25xas long as short
Lighter RH NEAR+0.0832%1h4.4251+0.456%$1.6M$7.0M10xas long as short
Hyperliquid NEAR+0.0869%1h4.4252+0.457%$374.4M$308.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0923%1h4.4244+0.440%$1.4M$6.0M20xas long as short
Aftermath Perps NEARUSD+0.1488%1h4.3970−0.181%$6K$12K10xas long as short
Lighter NEAR+0.1656%1h4.4291+0.546%$17.8M$25.1M15xas long as short