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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h +0.038%
Price spread now: GMX against Extended+0.500%7-day average +0.045% · you sell dearer than you buy
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 4 days (all we have)+0.243%+$24 on $10k
Price spread, last 4 days (all we have)+0.625%+$63 · spread now +0.500%, 7d avg +0.045%
Together, before fees+0.868%+ Points / potential airdropExtended: Active · farm board+$87 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.455% dearer against Extended than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.40240.0104pay 0.0013% / 1h45m 30s$3.7M$16.0M25x
ShortGMX NEAR/USD [ETH-USDC]4.4244L +0.0350% / S −0.0251%get 0.0031% / 1h45m 30s$259K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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
$30.92
Price spread: +0.500% → +0.045%
$45.51
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$59.43
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Extended: live order book, 4 min ago; GMX: 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 Extended live order book, 4 min ago0.34 bp3.7 bp −$410.2 bp −$102507.1 bp −$50.7Kdoesn't fit
Sell GMX no order-book sample
GMX: 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
Phemex NEARUSDT−0.1118%8h4.4250+0.514%$3.6M$8.2M50xas long as short
Kraken Futures PF_NEARUSD−0.0427%1h4.4263+0.543%$7.3M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4054+0.068%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4063+0.088%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4269+0.558%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.937%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4060+0.082%$119K$509K50xas long as short
Aster NEARUSDT+0.0100%8h4.4074+0.115%$2.8M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.4074+0.114%$224.3M$431.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4050+0.060%$62.2M$299.7M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.4070+0.105%$222K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3750−0.622%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4030+0.014%$36.6M$61.8M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4090+0.150%$53.0M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4067+0.098%$72.7M$128.3M75xas long as short
Variational Omni NEAR+0.0100%8h4.4208+0.418%$9.1M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3658−0.831%$253K$895K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3670−0.804%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4050+0.060%$168K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4040+0.037%$275K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4262+0.541%$59K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4330+0.696%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4275+0.571%$5K$50K10xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.4029+0.012%$32K$58510xas long as short
Extended NEAR-USDlong+0.0104%1h4.4024long leg$3.7M$16.0M25x
Aevo NEAR-PERP+0.0112%1h4.4269+0.558%$206K$40K3xas long as short
MEXC NEAR_USDT+0.0121%8h4.4040+0.037%$92.5M$155.2M200xas long as short
Binance NEARUSDT+0.0122%8h4.4058+0.078%$265.9M$1.09B75xas long as short
BingX NEAR-USDT+0.0132%8h4.4040+0.037%$83.4Mas long as short
Kalshi KXNEARPERP+0.0151%8h4.4198+0.396%$883K$25.3M2.2xas long as short
Hyperliquid NEAR+0.0173%1h4.4102+0.177%$356.3M$318.5M10xas long as short
BloFin NEAR-USDT+0.0241%8h4.4080+0.128%$12.7M$32.6M75xas long as short
Nado NEAR-PERP+0.0251%1h4.4074+0.115%$1.7M$3.2M10xas long as short
01 Exchange NEARUSD+0.0296%1h4.4088+0.146%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]shortL +0.0350% / S −0.0251%1h4.4244+0.500%$259K100x
Lighter RH NEAR+0.0408%1h4.4190+0.378%$1.5M$6.4M10xas long as short
HTX NEAR-USDT+0.0484%8h4.4380+0.809%$469K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.4303+0.634%$2.3M$17.4M50xas long as short
Lighter NEAR+0.0488%1h4.4209+0.421%$17.4M$23.8M15xas long as short
Backpack NEAR_USDC_PERP+0.0613%1h4.4257+0.530%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.4055+0.070%$601K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.4141+0.265%$416K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.4222+0.450%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1055%1h4.3884−0.318%$5K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1875%1h4.4339+0.716%$1.9M$13.1M25xas long as short