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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Polymarket Perps against Extended+0.239%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$180.180% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days−0.246%−$25 · spread now +0.239%, 7d avg +0.075%
Together, before fees−0.255%+ Points / potential airdropExtended: Active · farm board−$25 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: Polymarket Perps is 0.163% dearer against Extended than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.11280.0104pay 0.0013% / 1h22m 11s$3.7M$14.6M25x
ShortPolymarket Perps NEAR-USD4.12260.0100get 0.0013% / 1h22m 11s$208K$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$0.84
Price spread: +0.239% → +0.075%
$16.34
Slippage, 4 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$2.51
Costs to cover
0.180%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Polymarket Perps: live order book, 7 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 Extended live order book, 2 min ago0.12 bp4.2 bp −$48.6 bp −$86doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 7 min ago0.24 bp4.2 bp −$413.4 bp −$134doesn'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+0.145%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0024%1h4.1282+0.375%$2.1M$12.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.1213+0.208%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1211+0.202%$411K$19.0M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.1179+0.124%$1.8M$2.1M25xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1184+0.137%$204K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410+0.686%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.1220+0.224%$108K$489K50xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1169+0.100%$53K$159K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1222+0.228%$30K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.1227+0.242%$2.9M$5.9M50xas long as short
Pacifica NEAR+0.0100%1h4.1230+0.248%$365K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1163+0.085%$234.4M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1133+0.013%$209.3M$428.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1140+0.030%$56.2M$274.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1550+1.027%$237K$6K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1202+0.180%$29.3M$58.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1170+0.103%$80.8M$144.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1180+0.127%$55.6M$45.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1146+0.044%$68.4M$127.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1180+0.127%$136.5Mas long as short
Variational Omni NEAR+0.0100%8h4.1444+0.768%$7.7M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1419+0.707%$236K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1420+0.710%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1420+0.710%$182K$790K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.1226+0.239%$208K$3.1M10x
SunX NEAR-USDT+0.0100%8h4.1250+0.297%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1156+0.069%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1170+0.103%$3.8M$8.4M50xas long as short
Extended NEAR-USDlong+0.0104%1h4.1128long leg$3.7M$14.6M25x
Aevo NEAR-PERP+0.0104%1h4.1158+0.072%$199K$65K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1250+0.297%$306K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0151%1h4.1164+0.088%$7.0M$36.6M50xas long as short
01 Exchange NEARUSD+0.0208%1h4.1238+0.268%$12K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1330+0.492%$12.2M$33.7M75xas long as short
Lighter RH NEAR+0.0296%1h4.1210+0.200%$1.4M$7.2M10xas long as short
Nado NEAR-PERP+0.0361%1h4.1207+0.193%$1.8M$3.6M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0317%1h4.1202+0.179%$272K100xas long as short
RISEx NEAR/USDC+0.0569%1h4.1246+0.288%$411K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1398+0.657%$1.7M$2.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0770%1h4.1207+0.193%$1.4M$5.7M20xas long as short
Lighter NEAR+0.0840%1h4.1225+0.237%$15.2M$23.0M15xas long as short
Hyperliquid NEAR+0.0977%1h4.1269+0.343%$346.4M$299.4M10xas long as short
Aftermath Perps NEARUSD+0.0997%1h4.1384+0.624%$5K$11K10xas long as short
HTX NEAR-USDT+0.1101%8h4.1330+0.492%$444K$3.7M75xas long as short