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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%
Price spread now: GRVT against edgeX+0.004%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$500.499% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 3 days (all we have)−0.035%−$4 · spread now +0.004%, 7d avg −0.019%
Together, before fees−0.055%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$6 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: GRVT is 0.022% dearer against edgeX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.14190.0100pay 0.0050% / 4h2h 21m$236K$1.2M20x
ShortGRVT NEAR_USDT_Perp4.14200.0100get 0.0100% / 8h2h 21m$1.4M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.004% → −0.019%
$2.21
Slippage, 4 orders
−$31.88
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$47.67
Costs to cover
0.499%
Break-even
never at this rate
Slippage from edgeX: live order book, 2 min ago; GRVT: live order book, 1 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 ago7.27 bp12.3 bp −$1233.2 bp −$332doesn't fitdoesn't fit
Sell GRVT live order book, 1 min ago2.43 bp11.9 bp −$1230.6 bp −$306doesn'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%1h4.1188−0.558%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0024%1h4.1282−0.330%$2.1M$12.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.1213−0.495%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1211−0.501%$411K$19.0M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.1179−0.578%$1.8M$2.1M25xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1184−0.566%$204K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−0.021%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.1220−0.479%$108K$489K50xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1169−0.602%$53K$159K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1222−0.476%$30K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.1217−0.487%$2.9M$5.9M50xas long as short
Pacifica NEAR+0.0100%1h4.1230−0.456%$365K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1200−0.528%$234.6M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1190−0.552%$209.6M$428.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1210−0.503%$56.3M$275.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1550+0.317%$237K$6K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1223−0.472%$29.4M$58.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1210−0.503%$81.0M$144.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1220−0.479%$55.7M$45.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1206−0.513%$68.5M$127.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1210−0.503%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1444+0.060%$7.7M$18.5Mas long as short
edgeX NEARUSDClong+0.0100%4h4.1419long leg$236K$1.2M20x
GRVT NEAR_USDT_Perpshort+0.0100%8h4.1420+0.004%$1.4M$1.3M10x
ApeX Omni NEARUSDT+0.0100%1h4.1420+0.004%$182K$790K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1226−0.465%$208K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1250−0.407%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1156−0.634%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1170−0.600%$3.8M$8.4M50xas long as short
Extended NEAR-USD+0.0104%1h4.1180−0.576%$3.7M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1158−0.630%$199K$65K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1250−0.407%$306K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0151%1h4.1164−0.615%$7.0M$36.6M50xas long as short
01 Exchange NEARUSD+0.0208%1h4.1238−0.436%$12K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1330−0.214%$12.2M$33.7M75xas long as short
Lighter RH NEAR+0.0296%1h4.1210−0.503%$1.4M$7.2M10xas long as short
Nado NEAR-PERP+0.0361%1h4.1207−0.510%$1.8M$3.6M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0317%1h4.1202−0.524%$272K100xas long as short
RISEx NEAR/USDC+0.0569%1h4.1246−0.416%$411K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1398−0.050%$1.7M$2.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0770%1h4.1207−0.511%$1.4M$5.7M20xas long as short
Lighter NEAR+0.0840%1h4.1225−0.467%$15.2M$23.0M15xas long as short
Hyperliquid NEAR+0.0975%1h4.1219−0.482%$346.0M$299.5M10xas long as short
Aftermath Perps NEARUSD+0.0997%1h4.1384−0.083%$5K$11K10xas long as short
HTX NEAR-USDT+0.1101%8h4.1330−0.214%$444K$3.7M75xas long as short