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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.045%
Price spread now: Popdex against Coinbase International0.000%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.166%+$17 on $10k
Price spread, last 3 days (all we have)−0.080%−$8 · spread now 0.000%, 7d avg +0.031%
Together, before fees+0.086%+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.031% cheaper against Coinbase International than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.031%). If the spread goes back, that is −$3 on $10k: about 15 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NEAR-PERP-INTX4.3610−0.0064get 0.0008% / 1h3m 32s$2.2M$14.2M50x
ShortPopdex NEARUSDT4.36100.0096get 0.0012% / 1h3m 32s$114K$487K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$33.6
Price spread: 0.000% → +0.031%
−$3.1
Slippage, 4 orders
−$25.4
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$11.3
Costs to cover
0.418%
Break-even
9.4 days
Slippage from Coinbase International: live order book, 6 min ago; Popdex: live order book, 65 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, 6 min ago6.85 bp15.0 bp −$1521.9 bp −$219589.6 bp −$59.0Kdoesn't fit
Sell Popdex live order book, 65 min ago1.16 bp6.4 bp −$655.5 bp −$555doesn'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%1h4.3618+0.019%$2K20xas long as short
Coinbase International NEAR-PERP-INTXlong−0.0064%1h4.3610long leg$2.2M$14.2M50x
dYdX NEAR-USD0.0000%1h4.3601−0.020%$107K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3647+0.085%$560K$19.6M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3639+0.066%$197K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.045%$578$302K12xas long as short
Popdex NEARUSDTshort+0.0096%1h4.36100.000%$114K$487K50x
Variational Omni NEAR+0.0100%8h4.3557−0.121%$8.4M$18.4Mas long as short
Pacifica NEAR+0.0100%1h4.3621+0.026%$409K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3631+0.047%$264.6M$1.08B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.3604−0.014%$219.4M$417.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3590−0.046%$62.1M$288.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3640+0.069%$208K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3555−0.126%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3585−0.057%$31.5M$63.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.36100.000%$75.1M$144.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3620+0.023%$53.9M$43.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3579−0.071%$71.5M$126.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3590−0.046%$143.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3788+0.408%$270K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3556−0.123%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3780+0.390%$199K$774K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3672+0.142%$207K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3628+0.041%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3720+0.252%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3608−0.005%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3680+0.161%$455K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3650+0.092%$3.8M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3592−0.041%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3570−0.091%$3.8M$18.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3630+0.046%$203K$34K3xas long as short
Aster NEARUSDT+0.0180%8h4.3640+0.069%$3.0M$5.6M50xas long as short
Kraken Futures PF_NEARUSD+0.0217%1h4.3618+0.019%$7.7M$40.7M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0347% / S −0.0242%1h4.3629+0.043%$255K100xas long as short
01 Exchange NEARUSD+0.0408%1h4.3646+0.083%$13K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0415%1h4.3651+0.094%$1.9M$4.3M25xas long as short
Nado NEAR-PERP+0.0424%1h4.3597−0.029%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0509%1h4.3642+0.075%$547K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.3816+0.472%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0784%1h4.3675+0.149%$1.6M$7.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0825%1h4.3678+0.156%$1.5M$6.3M20xas long as short
Hyperliquid NEAR+0.0866%1h4.3677+0.154%$367.7M$305.9M10xas long as short
Aftermath Perps NEARUSD+0.1640%1h4.3736+0.288%$5K$12K10xas long as short
Lighter NEAR+0.1704%1h4.3706+0.220%$17.5M$25.8M15xas long as short