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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against edgeX−0.097%7-day average +0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.050%−$5 on $10k
Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.097%, 7d avg +0.006%
Together, before fees+0.021%+ Points / potential airdropedgeX: Active · farm board+$2 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: Orderly is 0.103% cheaper against edgeX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.28490.0100pay 0.0050% / 4h2h 53m$250K$948K20x
ShortOrderly PERP_NEAR_USDC4.28070.0100get 0.0100% / 8h2h 53m$56K$243K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: −0.097% → +0.006%
−$10.3
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$25.3
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 51 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 51 min ago6.91 bp11.9 bp −$1235.0 bp −$350doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.2744−0.244%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2726−0.286%$105K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2736−0.262%$160K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.358%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2710−0.324%$111K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.2810−0.091%$261.0M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2759−0.209%$212.0M$426.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2780−0.160%$60.2M$286.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2973+0.290%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2740−0.254%$31.9M$59.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.2770−0.184%$70.6M$142.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2770−0.184%$52.9M$45.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2773−0.177%$70.8M$127.9M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2770−0.184%$144.6Mas long as short
Variational Omni NEAR+0.0100%8h4.2828−0.049%$8.1M$18.0Mas long as short
edgeX NEARUSDClong+0.0100%4h4.2849long leg$250K$948K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.2790−0.137%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2740−0.254%$273K$3.9M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.2807−0.097%$56K$243K20x
SunX NEAR-USDT+0.0100%8h4.2790−0.137%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.2840−0.020%$458K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2790−0.137%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2722−0.295%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.2738−0.259%$199K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2850+0.003%$13.4M$31.6M75xas long as short
Nado NEAR-PERP+0.0234%1h4.2699−0.348%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.2754−0.221%$2.3M$15.8M50xas long as short
Kalshi KXNEARPERP+0.0271%8h4.2762−0.202%$823K$24.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0195%1h4.2728−0.283%$229K100xas long as short
Aster NEARUSDT+0.0332%8h4.2810−0.090%$2.8M$5.5M50xas long as short
Lighter NEAR+0.0440%1h4.2834−0.034%$16.8M$24.9M15xas long as short
ApeX Omni NEARUSDT+0.0512%1h4.2830−0.044%$165K$793K50xas long as short
Extended NEAR-USD+0.0520%1h4.2763−0.199%$3.7M$19.9M25xas long as short
Hyperliquid NEAR+0.0596%1h4.2752−0.226%$349.1M$311.0M10xas long as short
SoDEX NEAR-USD+0.0636%1h4.2775−0.172%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0648%1h4.2767−0.191%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0649%1h4.2721−0.298%$1.3M$6.8M20xas long as short
Kraken Futures PF_NEARUSD+0.0739%1h4.2772−0.178%$7.5M$38.8M50xas long as short
Lighter RH NEAR+0.0752%1h4.2835−0.032%$1.5M$7.2M10xas long as short
Arcus NEAR-USD+0.0814%1h4.2750−0.230%$210K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.2758−0.211%$392K$1.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0966%1h4.2800−0.114%$1.9M$10.5M25xas long as short
Phoenix NEAR+0.1033%1h4.2873+0.057%$1.8M$2.5M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.2736−0.262%$671K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1476%1h4.2814−0.081%$5K$12K10xas long as short