Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1232%/8h= +134.9% APRpaid last 24h +0.326%

Price spread now: Aftermath Perps against edgeX−0.051%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Aftermath Perps

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. Aftermath Perps is 0.051% cheaper against edgeX than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$37 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX NEARUSDC	4.3265	0.0100	pay 0.0050% / 4h	2h 16m	$261K	$956K	20x
Short	Aftermath Perps NEARUSD	4.3243	0.1332	get 0.0166% / 1h	16m 47s	$5K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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

Position, each leg$Hold fordaysFee edgeXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.051%Rate

Funding earned: $258.63
Price spread: −0.051% → 0.000%: −$5.07
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $235.55
Costs to cover: 0.180%
Break-even: 0.6 days

Slippage unknown: edgeX: live order book, 22 min ago; Aftermath Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 22 min ago	6.99 bp	13.0 bp −$13	41.1 bp −$411	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.3193	−0.165%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3287	+0.051%	$107K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3250	−0.036%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.287%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3270	+0.012%	$114K	$497K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3370	+0.243%	$217.1M	$420.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3390	+0.289%	$61.0M	$288.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3050	−0.497%	$245K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3325	+0.139%	$32.9M	$60.3M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3220	−0.104%	$52.2M	$46.1M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.3390	+0.289%	$71.6M	$127.0M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3197	−0.156%	$8.4M	$18.2M	—	as long as short
edgeX NEARUSDClong	+0.0100%	4h	4.3265	long leg	$261K	$956K	20x
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3442	+0.409%	$1.4M	$1.5M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3236	−0.067%	$266K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3268	+0.007%	$56K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3330	+0.150%	$2K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3330	+0.150%	$467K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3250	−0.035%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3308	+0.100%	$31K	$608	10x	as long as short
BingX NEAR-USDT	+0.0105%	8h	4.3380	+0.266%	—	$143.5M	—	as long as short
MEXC NEAR_USDT	+0.0109%	8h	4.3350	+0.197%	$78.4M	$145.1M	200x	as long as short
Binance NEARUSDT	+0.0109%	8h	4.3380	+0.265%	$264.1M	$1.09B	75x	as long as short
Aevo NEAR-PERP	+0.0112%	1h	4.3295	+0.069%	$201K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0229%	8h	4.3250	−0.035%	$13.2M	$31.7M	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.3297	+0.074%	$2.3M	$16.2M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0311% / S −0.0201%	1h	4.3227	−0.087%	$231K	—	100x	as long as short
Kalshi KXNEARPERP	+0.0316%	8h	4.3325	+0.139%	$988K	$24.7M	2.2x	as long as short
Aster NEARUSDT	+0.0334%	8h	4.3243	−0.051%	$2.8M	$5.3M	50x	as long as short
ApeX Omni NEARUSDT	+0.0367%	1h	4.3490	+0.520%	$167K	$795K	50x	as long as short
Nado NEAR-PERP	+0.0403%	1h	4.3245	−0.047%	$1.7M	$3.2M	10x	as long as short
Extended NEAR-USD	+0.0504%	1h	4.3159	−0.244%	$3.7M	$19.5M	25x	as long as short
SoDEX NEAR-USD	+0.0556%	1h	4.3235	−0.069%	$5K	$52K	10x	as long as short
Hyperliquid NEAR	+0.0661%	1h	4.3425	+0.370%	$355.8M	$310.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0680%	1h	4.3248	−0.039%	$1.3M	$6.6M	20x	as long as short
Kraken Futures PF_NEARUSD	+0.0732%	1h	4.3230	−0.081%	$7.3M	$39.1M	50x	as long as short
01 Exchange NEARUSD	+0.0736%	1h	4.3335	+0.162%	$13K	$7K	10x	as long as short
Arcus NEAR-USD	+0.0814%	1h	4.3340	+0.173%	$224K	$1.6M	10x	as long as short
Pacifica NEAR	+0.0847%	1h	4.3342	+0.179%	$397K	$1.3M	10x	as long as short
Lighter NEAR	+0.0928%	1h	4.3308	+0.099%	$16.9M	$25.2M	15x	as long as short
Phoenix NEAR	+0.1033%	1h	4.3541	+0.638%	$1.8M	$2.5M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1069%	1h	4.3278	+0.030%	$2.0M	$11.7M	25x	as long as short
Lighter RH NEAR	+0.1112%	1h	4.3307	+0.097%	$1.4M	$7.4M	10x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.3313	+0.112%	$687K	$1.3M	10x	as long as short
Aftermath Perps NEARUSDshort	+0.1332%	1h	4.3243	−0.051%	$5K	$12K	10x