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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against edgeX−0.442%56s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$770.770% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.163%+$16 · spread now −0.442%, 7d avg −0.012%
Together, before fees+0.163%+ Points / potential airdropedgeX: Active · farm board+$16 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: Bulk is 0.430% cheaper against edgeX than usual: you would sell low and buy high, −$43 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.32540.0100pay 0.0050% / 4h51m 44s$270K$1.2M20x
ShortBulk NEAR-USD4.30630.0100get 0.0013% / 1h51m 44s$245K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: −0.442% → −0.012%
−$42.96
Slippage, 4 orders
−$61
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$119.96
Costs to cover
0.770%
Break-even
never at this rate
Slippage from edgeX: live order book, 2 min ago; Bulk: live order book, 27 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, 2 min ago6.92 bp11.5 bp −$1228.5 bp −$285doesn't fitdoesn't fit
Sell Bulk live order book, 27 min ago11.83 bp38.0 bp −$3838.9 bp −$38939.0 bp −$3,89954.1 bp −$27.0K

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%1h4.2988−0.616%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2858−0.915%$2.2M$13.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.3163−0.210%$112K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2925−0.760%$389K$18.4M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.2961−0.677%$1.9M$2.3M25xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2882−0.859%$207K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.263%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3140−0.263%$109K$495K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3177−0.178%$31K$64710xas long as short
Pacifica NEAR+0.0100%1h4.3189−0.149%$405K$1.2M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.2980−0.633%$253.6M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2940−0.726%$221.3M$421.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2960−0.680%$61.2M$286.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3170−0.194%$198K$1.8M10xas long as short
Bulk NEAR-USDshort+0.0100%1h4.3063−0.442%$245K$2K10x
Gate NEAR_USDT+0.0100%8h4.2983−0.626%$30.4M$58.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3000−0.587%$80.0M$139.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3030−0.518%$56.6M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2964−0.670%$71.5M$126.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2970−0.656%$138.2Mas long as short
Variational Omni NEAR+0.0100%8h4.3159−0.219%$8.1M$17.9Mas long as short
edgeX NEARUSDClong+0.0100%4h4.3254long leg$270K$1.2M20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3290+0.084%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3230−0.055%$181K$789K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3127−0.293%$208K$3.3M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2955−0.691%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2990−0.610%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2957−0.686%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2950−0.703%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2980−0.633%$4.4M$15.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2954−0.694%$207K$62K3xas long as short
Aster NEARUSDT+0.0104%8h4.3050−0.471%$3.1M$5.5M50xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2962−0.675%$7.5M$36.8M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3310+0.130%$13.0M$32.7M75xas long as short
01 Exchange NEARUSD+0.0256%1h4.3185−0.159%$13K$7K10xas long as short
Lighter RH NEAR+0.0384%1h4.3032−0.513%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0390% / S −0.0343%1h4.2925−0.760%$291K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.3185−0.159%$416K$1.2M10xas long as short
Phoenix NEAR+0.0463%1h4.3418+0.379%$1.8M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0540%1h4.3018−0.545%$1.3M$5.6M20xas long as short
Nado NEAR-PERP+0.0767%1h4.3030−0.518%$1.9M$3.5M10xas long as short
HTX NEAR-USDT+0.0899%8h4.2980−0.633%$458K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1187%1h4.3166−0.204%$5K$11K10xas long as short
Hyperliquid NEAR+0.1361%1h4.3045−0.483%$371.7M$297.1M10xas long as short
Lighter NEAR+0.2184%1h4.3110−0.332%$16.6M$23.6M15xas long as short