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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against edgeX+0.061%90s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.061%, 7d avg +0.006%
Together, before fees−0.055%+ Points / potential airdropedgeX: Active · farm board−$5 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: Binance is 0.055% dearer against edgeX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.006%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.40630.0100pay 0.0050% / 4h2h 24m$272K$1.0M20x
ShortBinance NEARUSDT4.40900.0100get 0.0100% / 8h6h 24m$266.1M$1.07B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
Price spread: +0.061% → +0.006%
$5.47
Slippage, 4 orders
−$24.53
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$38.05
Costs to cover
0.435%
Break-even
never at this rate
Slippage from edgeX: live order book, 5 min ago; Binance: live order book, 5 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, 5 min ago6.81 bp15.6 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 5 min ago1.14 bp8.0 bp −$811.8 bp −$11830.5 bp −$3,047113.1 bp −$56.6K

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%1h4.3963−0.227%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.4009−0.123%$2.2M$14.3M50xas long as short
dYdX NEAR-USD0.0000%1h4.4207+0.326%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4197+0.304%$651K$19.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.4000−0.143%$195K150xas long as short
Phemex NEARUSDT+0.0028%8h4.4020−0.098%$3.9M$8.2M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.021%$578$302K12xas long as short
Variational Omni NEAR+0.0072%8h4.3998−0.149%$8.6M$18.6Mas long as short
Popdex NEARUSDT+0.0096%1h4.4060−0.007%$113K$482K50xas long as short
Pacifica NEAR+0.0100%1h4.4222+0.361%$418K$1.2M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDTshort+0.0100%8h4.4090+0.061%$266.1M$1.07B75x
Bybit NEARUSDT+0.0100%8h4.4090+0.061%$224.2M$419.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4050−0.030%$62.7M$288.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.4120+0.129%$209K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.4050−0.030%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4050−0.030%$31.9M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4050−0.030%$76.3M$140.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4060−0.007%$56.3M$42.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4060−0.007%$73.0M$124.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4080+0.038%$6.6Mas long as short
edgeX NEARUSDClong+0.0100%4h4.4063long leg$272K$1.0M20x
GRVT NEAR_USDT_Perp+0.0100%8h4.4048−0.035%$1.5M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3860−0.461%$182K$767K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4004−0.134%$218K$3.5M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4031−0.073%$61K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4090+0.061%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4025−0.087%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4080+0.038%$452K$3.9M75xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4044−0.044%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.4004−0.135%$3.8M$18.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4070+0.015%$205K$34K3xas long as short
Aster NEARUSDT+0.0162%8h4.4080+0.038%$3.1M$5.7M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0204%1h4.4044−0.044%$1.9M$4.2M25xas long as short
Kraken Futures PF_NEARUSD+0.0215%1h4.4042−0.047%$8.1M$40.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0358% / S −0.0271%1h4.3997−0.150%$261K100xas long as short
Nado NEAR-PERP+0.0403%1h4.3983−0.183%$1.9M$3.1M10xas long as short
01 Exchange NEARUSD+0.0408%1h4.4112+0.111%$13K$7K10xas long as short
RISEx NEAR/USDC+0.0509%1h4.4097+0.077%$558K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.4147+0.190%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0824%1h4.4106+0.097%$1.6M$7.0M10xas long as short
Hyperliquid NEAR+0.0873%1h4.4156+0.211%$373.8M$305.9M10xas long as short
Backpack NEAR_USDC_PERP+0.0927%1h4.4092+0.065%$1.4M$6.0M20xas long as short
Aftermath Perps NEARUSD+0.1510%1h4.4027−0.082%$6K$12K10xas long as short
Lighter NEAR+0.1672%1h4.4151+0.199%$17.6M$25.3M15xas long as short