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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Bulk+0.584%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$1as in the Price arb table
costs, in and out, $10k−$550.553% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.442%+$44 · spread now +0.584%, 7d avg +0.041%
Together, before fees+0.443%+ Points / potential airdropedgeX: Active · farm board+$44 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: edgeX is 0.543% dearer against Bulk than usual: you sell high and buy low, +$54 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk NEAR-USD4.30500.0100pay 0.0013% / 1h15m 26s$245K−$010x
ShortedgeX NEARUSDC4.33010.0100get 0.0050% / 4h2h 15m$261K$958K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
Price spread: +0.584% → +0.041%
$54.28
Slippage, 4 orders
−$39.32
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$1.04
Costs to cover
0.553%
Break-even
never at this rate
Slippage from Bulk: live order book, 34 min ago; edgeX: live order book, 23 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, 34 min ago11.67 bp15.2 bp −$1515.2 bp −$15226.9 bp −$2,69441.3 bp −$20.6K
Sell edgeX live order book, 23 min ago6.99 bp11.9 bp −$1226.2 bp −$262doesn'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%1h4.3514+1.079%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3553+1.167%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3524+1.101%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.810%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3540+1.138%$115K$497K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3544+1.148%$218.1M$420.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3580+1.231%$61.6M$289.6M50xas long as short
Bulk NEAR-USDlong+0.0100%1h4.3050long leg$245K−$010x
Gate NEAR_USDT+0.0100%8h4.3527+1.108%$33.1M$60.5M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3540+1.138%$52.6M$46.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3513+1.075%$71.8M$127.0M75xas long as short
Variational Omni NEAR+0.0100%8h4.3478+0.994%$8.5M$18.2Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.3301+0.584%$261K$958K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3442+0.910%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3556+1.175%$266K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3579+1.229%$57K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3600+1.278%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3640+1.370%$470K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3530+1.115%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3520+1.093%$31K$60810xas long as short
BingX NEAR-USDC+0.0105%8h4.3530+1.115%$6.7Mas long as short
MEXC NEAR_USDT+0.0111%8h4.3560+1.185%$81.7M$145.5M200xas long as short
Aevo NEAR-PERP+0.0112%1h4.3540+1.137%$202K$37K3xas long as short
Binance NEARUSDT+0.0116%8h4.3566+1.198%$265.3M$1.09B75xas long as short
BloFin NEAR-USDT+0.0229%8h4.3250+0.465%$13.2M$31.7M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3549+1.159%$2.3M$16.3M50xas long as short
Kalshi KXNEARPERP+0.0312%8h4.3496+1.036%$994K$24.7M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0312% / S −0.0201%1h4.3516+1.082%$233K100xas long as short
ApeX Omni NEARUSDT+0.0325%1h4.3250+0.465%$166K$795K50xas long as short
Aster NEARUSDT+0.0336%8h4.3550+1.161%$2.8M$5.3M50xas long as short
Nado NEAR-PERP+0.0388%1h4.3542+1.142%$1.7M$3.2M10xas long as short
Extended NEAR-USD+0.0504%1h4.3518+1.087%$3.7M$19.5M25xas long as short
SoDEX NEAR-USD+0.0559%1h4.3515+1.080%$5K$52K10xas long as short
Hyperliquid NEAR+0.0666%1h4.3570+1.208%$357.1M$310.5M10xas long as short
Backpack NEAR_USDC_PERP+0.0684%1h4.3571+1.210%$1.3M$6.6M20xas long as short
Kraken Futures PF_NEARUSD+0.0727%1h4.3503+1.053%$7.3M$39.1M50xas long as short
01 Exchange NEARUSD+0.0736%1h4.3608+1.296%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.3580+1.231%$226K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.3584+1.241%$399K$1.3M10xas long as short
Lighter NEAR+0.0928%1h4.3633+1.354%$17.1M$25.2M15xas long as short
Phoenix NEAR+0.1033%1h4.3541+1.141%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1120%1h4.3616+1.315%$1.4M$7.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1153%1h4.3547+1.154%$2.0M$11.7M25xas long as short
RISEx NEAR/USDC+0.1220%1h4.3569+1.206%$691K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1307%1h4.3317+0.621%$5K$12K10xas long as short