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

NEAR

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%
Price spread now: Polymarket Perps against dYdX+0.187%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2542.541% of the position
Long on dYdXShort on Polymarket Perps
What this pair did over the last
the charts below follow
Funding, last 7 days+0.175%+$18 on $10k
Price spread, last 4 days (all we have)+1.237%+$124 · spread now +0.187%, 7d avg +0.060%
Together, before fees+1.412%+$141 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.126% dearer against dYdX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX NEAR-USD4.17340get 0.0000% / 1h25m 09s$108K$58K10x
ShortPolymarket Perps NEAR-USD4.18120.0100get 0.0013% / 1h25m 09s$205K$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against dYdX. 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
$21
Price spread: +0.187% → +0.060%
$12.62
Slippage, 4 orders
−$236.1
Fee dYdX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$220.49
Costs to cover
2.541%
Break-even
80.5 days
Slippage from dYdX: live order book, 59 min ago; Polymarket Perps: live order book, 4 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 dYdX live order book, 59 min ago112.52 bp122.3 bp −$122122.4 bp −$1,224122.4 bp −$12.2K125.0 bp −$62.5K
Sell Polymarket Perps live order book, 4 min ago1.32 bp8.8 bp −$913.2 bp −$132doesn'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
Reya NEARRUSDPERP−0.0171%1h4.1775+0.097%$2K—20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1694−0.096%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.777%$578$302K12xas long as short
dYdX NEAR-USDlong0.0000%1h4.1734long leg$108K$58K10x
Kalshi KXNEARPERP0.0000%8h4.1786+0.124%$430K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1833+0.236%$207K—150xas long as short
Kraken Futures PF_NEARUSD+0.0048%1h4.1872+0.330%$7.7M$36.8M50xas long as short
Lighter RH NEAR+0.0096%1h4.1881+0.352%$1.5M$7.0M10xas long as short
Popdex NEARUSDT+0.0096%1h4.1790+0.134%$111K$483K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1745+0.025%$30K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.1821+0.208%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1749+0.035%$361K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1830+0.230%$239.6M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1810+0.182%$213.4M$422.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1820+0.206%$57.8M$276.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1780+0.110%$240K$1.7M10xas long as short
Gate NEAR_USDT+0.0100%8h4.1847+0.270%$30.0M$57.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1830+0.230%$83.0M$142.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1870+0.325%$55.1M$44.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1838+0.249%$69.3M$125.3M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1840+0.254%—$6.6M—as long as short
Variational Omni NEAR+0.0100%8h4.1690−0.106%$7.7M$18.3M—as long as short
edgeX NEARUSDC+0.0100%4h4.1652−0.196%$238K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1653−0.194%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1670−0.154%$174K$794K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.1812+0.187%$205K$3.2M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.1843+0.261%$53K$158K20xas long as short
SunX NEAR-USDT+0.0100%8h4.1850+0.278%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1847+0.270%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1830+0.230%$3.9M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1600−0.321%$237K$2K10xas long as short
Extended NEAR-USD+0.0104%1h4.1839+0.250%$3.8M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1850+0.278%$202K$62K3xas long as short
01 Exchange NEARUSD+0.0112%1h4.1821+0.208%$12K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1800+0.158%$12.4M$31.3M75xas long as short
RISEx NEAR/USDC+0.0364%1h4.1804+0.167%$411K$1.2M10xas long as short
Hyperliquid NEAR+0.0368%1h4.1902+0.402%$353.7M$299.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0380% / S −0.0326%1h4.1830+0.229%$281K—100xas long as short
Backpack NEAR_USDC_PERP+0.0453%1h4.1901+0.400%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0540%1h4.1779+0.107%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1813+0.189%$1.7M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0610%1h4.1894+0.383%$1.9M$2.2M25xas long as short
Lighter NEAR+0.0696%1h4.1946+0.507%$16.0M$23.3M15xas long as short
Aftermath Perps NEARUSD+0.0933%1h4.1781+0.112%$5K$11K10xas long as short
HTX NEAR-USDT+0.0962%8h4.1930+0.469%$448K$3.6M75xas long as short