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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0147%/8h= −16.1% APRnext payment $0.18 per $10,000 · paid last 24h −0.032%
Price spread now: Reya against Coinbase International−0.050%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Reya is 0.050% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NEAR-PERP-INTX4.1338−0.0024get 0.0003% / 1h3m 40s$2.1M$12.6M50x
ShortReya NEARRUSDPERP4.1317−0.0171pay 0.0021% / 1h3m 40s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$30.84
Price spread: −0.050% → 0.000%
−$4.96
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$51.8
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; Reya: 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, 5 min ago4.35 bp13.2 bp −$1318.0 bp −$180578.1 bp −$57.8Kdoesn't fit
Sell Reya no order-book sample
Reya: 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 NEARRUSDPERPshort−0.0171%1h4.1317−0.050%$2K20x
Coinbase International NEAR-PERP-INTXlong−0.0024%1h4.1338long leg$2.1M$12.6M50x
dYdX NEAR-USD0.0000%1h4.1406+0.165%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1364+0.063%$397K$18.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1335−0.006%$205K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410+0.174%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.1350+0.029%$107K$490K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.1339+0.002%$53K$157K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1387+0.117%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1439+0.244%$2.9M$5.9M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.1429+0.220%$349K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1417+0.191%$236.0M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1380+0.102%$210.7M$428.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1390+0.126%$56.5M$276.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1150−0.455%$234K$6K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1423+0.206%$29.5M$58.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1420+0.198%$81.2M$145.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1440+0.247%$56.0M$44.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1396+0.140%$68.8M$126.8M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1420+0.198%$136.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1203−0.326%$7.6M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.1204−0.324%$235K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1290−0.116%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1220−0.285%$181K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1353+0.036%$203K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1430+0.223%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1349+0.027%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1360+0.053%$3.8M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.1403+0.157%$3.8M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1333−0.013%$200K$61K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1410+0.174%$308K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0150%1h4.1396+0.140%$7.5M$37.1M50xas long as short
01 Exchange NEARUSD+0.0160%1h4.1376+0.092%$12K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0185%1h4.1371+0.080%$1.8M$2.1M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.1290−0.116%$12.2M$33.6M75xas long as short
Lighter RH NEAR+0.0256%1h4.1479+0.341%$1.4M$7.2M10xas long as short
Nado NEAR-PERP+0.0356%1h4.1334−0.009%$1.8M$3.6M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0377% / S −0.0324%1h4.1327−0.027%$276K100xas long as short
RISEx NEAR/USDC+0.0569%1h4.1376+0.092%$412K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1315−0.056%$1.7M$2.8M10xas long as short
Lighter NEAR+0.0720%1h4.1490+0.366%$15.3M$23.1M15xas long as short
Backpack NEAR_USDC_PERP+0.0743%1h4.1446+0.261%$1.4M$5.7M20xas long as short
Hyperliquid NEAR+0.0849%1h4.1483+0.351%$348.7M$299.3M10xas long as short
Aftermath Perps NEARUSD+0.0926%1h4.1283−0.133%$5K$11K10xas long as short
HTX NEAR-USDT+0.1063%8h4.1450+0.271%$446K$3.7M75xas long as short