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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against edgeX+0.471%72s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1671.670% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.490%−$49 · spread now +0.471%, 7d avg +0.010%
Together, before fees−0.491%+ Points / potential airdropedgeX: Active · farm board−$49 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: Aevo is 0.460% dearer against edgeX than usual: you sell high and buy low, +$46 on $10k if it goes back to its 7-day average of +0.010%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.44810.0100pay 0.0050% / 4h44m 24s$267K$979K20x
ShortAevo NEAR-PERP4.46900.0104get 0.0013% / 1h44m 24s$208K$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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
$0.84
Price spread: +0.471% → +0.010%
$46.05
Slippage, 4 orders
−$142.03
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$120.14
Costs to cover
1.670%
Break-even
1008.2 days
Slippage from edgeX: live order book, 4 min ago; Aevo: live order book, 14 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 edgeX live order book, 4 min ago10.08 bp14.9 bp −$1533.0 bp −$330doesn't fitdoesn't fit
Sell Aevo live order book, 14 min ago58.10 bp70.9 bp −$71doesn't fitdoesn'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%1h4.4695+0.483%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4210−0.608%$2.2M$15.3M50xas long as short
dYdX NEAR-USD0.0000%1h4.4567+0.193%$110K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4222−0.581%$628K$22.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4693+0.478%$167K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.903%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4750+0.606%$117K$515K50xas long as short
Pacifica NEAR+0.0100%1h4.4592+0.250%$426K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4740+0.583%$273.6M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4692+0.475%$223.9M$425.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4670+0.426%$63.4M$304.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4550+0.156%$254K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4699+0.491%$32.3M$63.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4720+0.538%$75.1M$147.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4740+0.583%$55.6M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4664+0.412%$73.4M$130.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4710+0.516%$148.0Mas long as short
Variational Omni NEAR+0.0100%8h4.4367−0.256%$8.6M$18.2Mas long as short
edgeX NEARUSDClong+0.0100%4h4.4481long leg$267K$979K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.4624+0.322%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4460−0.046%$171K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4696+0.484%$241K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4701+0.496%$57K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4310−0.383%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4215−0.597%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4260−0.496%$460K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4360−0.271%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4562+0.182%$32K$60810xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.4690+0.471%$208K$40K3x
Backpack NEAR_USDC_PERP+0.0178%1h4.4478−0.006%$1.4M$6.6M20xas long as short
Hyperliquid NEAR+0.0186%1h4.4775+0.662%$369.8M$326.9M10xas long as short
Extended NEAR-USD+0.0192%1h4.4653+0.389%$4.0M$19.6M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.4410−0.159%$14.1M$33.1M75xas long as short
01 Exchange NEARUSD+0.0240%1h4.4759+0.626%$13K$7K10xas long as short
Aster NEARUSDT+0.0296%8h4.4667+0.420%$3.1M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0339% / S −0.0217%1h4.4701+0.496%$250K100xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0429%1h4.4230−0.563%$2.0M$6.7M25xas long as short
Nado NEAR-PERP+0.0500%1h4.4725+0.550%$1.9M$3.1M10xas long as short
Lighter RH NEAR+0.0504%1h4.4602+0.273%$1.6M$7.2M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4800+0.718%$221K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0587%1h4.4241−0.539%$8.2M$40.2M50xas long as short
Lighter NEAR+0.0680%1h4.4682+0.454%$18.0M$26.2M15xas long as short
Phoenix NEAR+0.0794%1h4.4521+0.091%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.4738+0.578%$565K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1557%1h4.4608+0.287%$6K$12K10xas long as short