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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1079%/8h= +118.2% APRnext payment +$1.35 per $10,000 · paid last 24h +0.364%
Price spread now: Aftermath Perps against Coinbase International−0.496%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.496% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.496% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$50 on $10k: about 37 hours of funding at the current rate (+$32 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NEAR-PERP-INTX4.34140.0256pay 0.0032% / 1h18m 03s$2.3M$16.2M50x
ShortAftermath Perps NEARUSD4.31990.1335get 0.0167% / 1h18m 03s$5K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Coinbase International. 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
$226.67
Price spread: −0.496% → 0.000%
−$49.61
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$158.06
Costs to cover
0.190%
Break-even
2.1 days
Slippage unknown: Coinbase International: live order book, 1 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 1 min ago3.45 bp15.4 bp −$1524.1 bp −$241doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.3353−0.140%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3332−0.189%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3347−0.155%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.616%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3340−0.170%$114K$497K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3314−0.230%$217.2M$419.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3330−0.193%$61.0M$287.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3050−0.838%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3312−0.235%$32.8M$60.3M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3380−0.078%$52.8M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3331−0.191%$71.6M$127.0M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3330−0.193%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3197−0.499%$8.4M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3265−0.343%$261K$956K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3062−0.810%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3373−0.094%$267K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3390−0.055%$57K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3480+0.152%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3510+0.221%$468K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3290−0.286%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3337−0.178%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3399−0.036%$202K$37K3xas long as short
MEXC NEAR_USDT+0.0105%8h4.3370−0.101%$78.5M$145.0M200xas long as short
Binance NEARUSDT+0.0109%8h4.3352−0.144%$264.0M$1.09B75xas long as short
BloFin NEAR-USDT+0.0225%8h4.3500+0.198%$13.3M$31.9M75xas long as short
Coinbase International NEAR-PERP-INTXlong+0.0256%1h4.3414long leg$2.3M$16.2M50x
GMX NEAR/USD [ETH-USDC]L +0.0312% / S −0.0201%1h4.3346−0.156%$232K100xas long as short
Kalshi KXNEARPERP+0.0316%8h4.3311−0.237%$990K$24.6M2.2xas long as short
Aster NEARUSDT+0.0336%8h4.3340−0.170%$2.8M$5.3M50xas long as short
ApeX Omni NEARUSDT+0.0346%1h4.3030−0.885%$165K$795K50xas long as short
Nado NEAR-PERP+0.0398%1h4.3338−0.174%$1.7M$3.2M10xas long as short
Extended NEAR-USD+0.0512%1h4.3377−0.085%$3.7M$19.5M25xas long as short
SoDEX NEAR-USD+0.0566%1h4.3354−0.138%$5K$52K10xas long as short
Hyperliquid NEAR+0.0660%1h4.3371−0.099%$355.3M$309.9M10xas long as short
Backpack NEAR_USDC_PERP+0.0683%1h4.3362−0.120%$1.3M$6.6M20xas long as short
Kraken Futures PF_NEARUSD+0.0730%1h4.3347−0.155%$7.3M$39.1M50xas long as short
01 Exchange NEARUSD+0.0736%1h4.3399−0.035%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.3380−0.078%$224K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.3382−0.074%$397K$1.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0927%1h4.3398−0.037%$2.0M$11.5M25xas long as short
Lighter NEAR+0.0928%1h4.3424+0.023%$17.0M$25.1M15xas long as short
Phoenix NEAR+0.1033%1h4.3267−0.339%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1112%1h4.3405−0.021%$1.5M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.3374−0.092%$691K$1.3M10xas long as short
Aftermath Perps NEARUSDshort+0.1335%1h4.3199−0.496%$5K$12K10x