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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Pacifica against edgeX+0.417%52s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 3 days (all we have)−0.417%−$42 · spread now +0.417%, 7d avg +0.032%
Together, before fees−0.386%+ Points / potential airdropedgeX: Active · Pacifica: Active · farm board−$39 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: Pacifica is 0.385% dearer against edgeX than usual: you sell high and buy low, +$38 on $10k if it goes back to its 7-day average of +0.032%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.32900.0100pay 0.0050% / 4h3h 12m$258K$1.2M20x
ShortPacifica NEAR4.34700.0100get 0.0013% / 1h12m 34s$401K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.417% → +0.032%
$38.48
Slippage, 4 orders
−$31.42
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$9.94
Costs to cover
0.484%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; Pacifica: 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, 1 min ago6.91 bp12.2 bp −$1229.1 bp −$291doesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago0.12 bp16.4 bp −$16doesn't fitdoesn'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
Phemex NEARUSDT−0.0297%8h4.3420+0.300%$3.9M$8.4M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3405+0.266%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0129%1h4.3465+0.405%$7.5M$37.5M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3413+0.284%$2.3M$13.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.3459+0.390%$113K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3438+0.342%$353K$19.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3404+0.264%$206K150xas long as short
Variational Omni NEAR+0.0005%8h4.3018−0.628%$8.2M$18.9Mas long as short
01 Exchange NEARUSD+0.0016%1h4.3445+0.358%$13K$7K10xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.343%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.3440+0.346%$116K$479K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.3417+0.293%$58K$176K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3452+0.374%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.3530+0.554%$3.0M$5.8M50xas long as short
Pacifica NEARshort+0.0100%1h4.3470+0.417%$401K$1.2M10x
Binance NEARUSDT+0.0100%8h4.3462+0.397%$259.4M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3430+0.323%$220.1M$415.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3460+0.393%$61.4M$280.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3470+0.416%$206K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3083−0.477%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3464+0.402%$31.3M$60.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3470+0.416%$76.4M$141.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3460+0.393%$56.4M$42.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3430+0.323%$72.4M$122.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3450+0.369%$141.8Mas long as short
edgeX NEARUSDClong+0.0100%4h4.3290long leg$258K$1.2M20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3295+0.012%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3330+0.092%$181K$780K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3446+0.360%$193K$3.4M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3490+0.462%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3429+0.321%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3520+0.531%$459K$3.7M75xas long as short
Extended NEAR-USD+0.0104%1h4.3417+0.293%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3405+0.266%$202K$31K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3400+0.254%$13.0M$27.8M75xas long as short
Hyperliquid NEAR+0.0353%1h4.3563+0.630%$370.8M$306.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0307%1h4.3411+0.279%$277K100xas long as short
Nado NEAR-PERP+0.0421%1h4.3425+0.312%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3460+0.393%$404K$1.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0441%1h4.3444+0.356%$1.9M$3.8M25xas long as short
Lighter RH NEAR+0.0456%1h4.3533+0.561%$1.6M$7.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0481%1h4.3500+0.485%$1.3M$5.9M20xas long as short
Phoenix NEAR+0.0499%1h4.3638+0.804%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1502%1h4.3260−0.070%$5K$12K10xas long as short
Lighter NEAR+0.1816%1h4.3568+0.641%$17.4M$24.7M15xas long as short