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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: edgeX against Bybit−1.201%91s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.457% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 7 days+1.173%+$117 · spread now −1.201%, 7d avg +0.021%
Together, before fees+1.216%+ Points / potential airdropedgeX: Active · farm board+$122 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 1.222% cheaper against Bybit than usual: you would sell low and buy high, −$122 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NEARUSDT4.41890.0100pay 0.0100% / 8h7h 46m$224.9M$430.9M75x
ShortedgeX NEARUSDC4.36580.0100get 0.0050% / 4h3h 46m$253K$895K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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: −1.201% → +0.021%
−$122.19
Slippage, 4 orders
−$25.67
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$167.86
Costs to cover
0.457%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 43 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 Bybit live order book, 3 min ago1.14 bp8.6 bp −$913.4 bp −$13430.0 bp −$3,003124.3 bp −$62.1K
Sell edgeX live order book, 43 min ago8.05 bp13.5 bp −$1427.6 bp −$276doesn'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
Phemex NEARUSDT−0.1118%8h4.4250+0.138%$3.6M$8.2M50xas long as short
Kraken Futures PF_NEARUSD−0.0427%1h4.4263+0.167%$7.3M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4272+0.187%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4187−0.004%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4269+0.182%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.289%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4200+0.025%$117K$507K50xas long as short
Aster NEARUSDT+0.0100%8h4.4205+0.036%$2.8M$4.8M50xas long as short
Bybit NEARUSDTlong+0.0100%8h4.4189long leg$224.9M$430.9M75x
OKX NEAR-USDT-SWAP+0.0100%8h4.4150−0.088%$62.4M$300.4M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.4190+0.002%$231K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3750−0.993%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4219+0.068%$36.8M$61.8M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4270+0.183%$53.3M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4173−0.036%$72.8M$128.3M75xas long as short
Variational Omni NEAR+0.0100%8h4.3688−1.134%$9.0M$18.3Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.3658−1.201%$253K$895K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3670−1.175%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3680−1.152%$167K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4220+0.070%$276K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4262+0.165%$59K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4330+0.319%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4275+0.195%$5K$50K10xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.4184−0.011%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.4169−0.045%$3.7M$16.0M25xas long as short
Aevo NEAR-PERP+0.0112%1h4.4269+0.182%$206K$40K3xas long as short
MEXC NEAR_USDT+0.0120%8h4.4280+0.206%$92.9M$155.0M200xas long as short
Binance NEARUSDT+0.0122%8h4.4201+0.026%$266.7M$1.09B75xas long as short
BingX NEAR-USDC+0.0133%8h4.4210+0.048%$6.7Mas long as short
Kalshi KXNEARPERP+0.0151%8h4.4198+0.020%$883K$25.3M2.2xas long as short
Hyperliquid NEAR+0.0177%1h4.4256+0.152%$357.6M$318.5M10xas long as short
Nado NEAR-PERP+0.0237%1h4.4266+0.175%$1.7M$3.2M10xas long as short
BloFin NEAR-USDT+0.0241%8h4.4080−0.247%$12.7M$32.6M75xas long as short
01 Exchange NEARUSD+0.0280%1h4.4241+0.118%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0350% / S −0.0251%1h4.4244+0.125%$259K100xas long as short
Lighter RH NEAR+0.0408%1h4.4324+0.306%$1.5M$6.4M10xas long as short
HTX NEAR-USDT+0.0484%8h4.4380+0.432%$469K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.4303+0.258%$2.3M$17.4M50xas long as short
Lighter NEAR+0.0488%1h4.4340+0.343%$17.5M$23.8M15xas long as short
Backpack NEAR_USDC_PERP+0.0613%1h4.4257+0.154%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.4270+0.182%$599K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.4201+0.027%$417K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3729−1.041%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1058%1h4.3836−0.798%$5K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1875%1h4.4339+0.339%$1.9M$13.1M25xas long as short