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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.017%
Price spread now: dYdX against Coinbase International+0.102%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2092.090% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)−0.482%−$48 · spread now +0.102%, 7d avg +0.017%
Together, before fees−0.456%−$46 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: dYdX is 0.085% dearer against Coinbase International than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NEAR-PERP-INTX4.4128−0.0008get 0.0001% / 1h22m 00s$2.3M$15.4M50x
ShortdYdX NEAR-USD4.41730get 0.0000% / 1h22m 00s$109K$70K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$1.68
Price spread: +0.102% → +0.017%
$8.5
Slippage, 4 orders
−$188.97
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$198.8
Costs to cover
2.090%
Break-even
835.3 days
Slippage from Coinbase International: live order book, 2 min ago; dYdX: live order book, 37 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 Coinbase International live order book, 2 min ago5.22 bp10.8 bp −$1118.6 bp −$186414.1 bp −$41.4Kdoesn't fit
Sell dYdX live order book, 37 min ago84.80 bp91.0 bp −$91134.1 bp −$1,341138.4 bp −$13.8K159.1 bp −$79.6K

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%1h4.4119−0.019%$2K20xas long as short
Coinbase International NEAR-PERP-INTXlong−0.0008%1h4.4128long leg$2.3M$15.4M50x
dYdX NEAR-USDshort0.0000%1h4.4173+0.102%$109K$70K10x
Kalshi KXNEARPERP0.0000%8h4.4185+0.129%$596K$22.1M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4211+0.188%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.159%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4160+0.073%$113K$518K50xas long as short
Pacifica NEAR+0.0100%1h4.4175+0.107%$422K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4211+0.187%$271.5M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4160+0.073%$222.1M$424.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4150+0.050%$62.8M$300.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4098−0.067%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4130+0.005%$32.0M$63.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4140+0.027%$74.4M$149.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4230+0.231%$54.8M$46.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4072−0.127%$72.4M$130.5M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4100−0.063%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3777−0.796%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4030−0.221%$264K$977K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3860−0.607%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4050−0.177%$169K$802K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4186+0.131%$232K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4244+0.263%$57K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4280+0.344%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4215+0.197%$8K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4230+0.231%$458K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4190+0.141%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4166+0.086%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4275+0.333%$206K$40K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.4260+0.299%$13.9M$32.9M75xas long as short
Backpack NEAR_USDC_PERP+0.0292%1h4.4130+0.005%$1.4M$6.5M20xas long as short
Hyperliquid NEAR+0.0295%1h4.4157+0.065%$364.2M$324.5M10xas long as short
Aster NEARUSDT+0.0303%8h4.4220+0.208%$3.0M$5.5M50xas long as short
01 Exchange NEARUSD+0.0312%1h4.4233+0.238%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0190%1h4.4211+0.189%$234K100xas long as short
Extended NEAR-USD+0.0336%1h4.4209+0.183%$3.9M$19.7M25xas long as short
Nado NEAR-PERP+0.0530%1h4.4142+0.032%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4220+0.208%$219K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0587%1h4.4249+0.274%$8.2M$39.7M50xas long as short
Lighter RH NEAR+0.0592%1h4.4260+0.299%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4201+0.165%$1.8M$2.8M10xas long as short
Lighter NEAR+0.0904%1h4.4265+0.310%$17.8M$26.5M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0904%1h4.4262+0.304%$2.0M$7.3M25xas long as short
RISEx NEAR/USDC+0.0926%1h4.4208+0.181%$587K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1510%1h4.4112−0.036%$5K$12K10xas long as short