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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0197%/8h= +21.6% APRnext payment +$0.25 per $10,000 · paid last 24h +0.076%
Price spread now: GMX against gTrade (Gains Network)+0.003%7-day average −0.007% · 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 3 days (all we have)+0.351%+$35 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.003%, 7d avg −0.007%
Together, before fees+0.331%+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.4497L +0.0004% / S −0.0006%pay 0.0001% / 1h50m 40s$167K150x
ShortGMX NEAR/USD [ETH-USDC]4.4498L +0.0315% / S −0.0201%get 0.0025% / 1h50m 40s$238K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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
$41.36
Price spread: +0.003% → −0.007%
$0.99
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$20.35
Costs to cover
0.220%
Break-even
3.6 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 58 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 gTrade (Gains Network) virtual book (oracle venue), 58 min ago130.02 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.5Kdoesn'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
Reya NEARRUSDPERP−0.0171%1h4.4486−0.024%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4633+0.306%$110K$68K10xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0006%1h4.4497long leg$167K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.937%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4880+0.861%$115K$495K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4661+0.369%$228.3M$424.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4640+0.322%$62.8M$297.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4366−0.294%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4643+0.329%$34.7M$59.8M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4690+0.434%$53.7M$45.8M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4636+0.313%$73.9M$126.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.4568+0.159%$8.9M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4503+0.015%$260K$964K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4491−0.013%$278K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4565+0.153%$58K$233K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4580+0.187%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4680+0.412%$463K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4600+0.232%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0104%8h4.4645+0.332%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0120%8h4.4474−0.050%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0120%1h4.4584+0.196%$207K$40K3xas long as short
ApeX Omni NEARUSDT+0.0132%1h4.4470−0.060%$168K$803K50xas long as short
BingX NEAR-USDC+0.0154%8h4.4650+0.344%$6.7Mas long as short
MEXC NEAR_USDT+0.0169%8h4.4690+0.434%$85.5M$144.3M200xas long as short
Binance NEARUSDT+0.0170%8h4.4640+0.322%$270.4M$1.09B75xas long as short
SoDEX NEAR-USD+0.0288%1h4.4562+0.147%$5K$52K10xas long as short
BloFin NEAR-USDT+0.0290%8h4.4590+0.209%$13.6M$32.9M75xas long as short
Kalshi KXNEARPERP+0.0303%8h4.4427−0.157%$1.1M$24.9M2.2xas long as short
GMX NEAR/USD [ETH-USDC]shortL +0.0315% / S −0.0201%1h4.4498+0.003%$238K100x
Aster NEARUSDT+0.0342%8h4.4640+0.322%$2.9M$5.0M50xas long as short
Extended NEAR-USD+0.0376%1h4.4648+0.340%$3.7M$19.0M25xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4543+0.104%$2.3M$16.4M50xas long as short
01 Exchange NEARUSD+0.0520%1h4.4759+0.589%$13K$7K10xas long as short
Nado NEAR-PERP+0.0533%1h4.4465−0.071%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0575%1h4.4664+0.376%$1.3M$6.5M20xas long as short
Kraken Futures PF_NEARUSD+0.0655%1h4.4561+0.145%$7.4M$38.7M50xas long as short
Hyperliquid NEAR+0.0722%1h4.4683+0.418%$367.6M$306.9M10xas long as short
Arcus NEAR-USD+0.0880%1h4.4730+0.524%$227K$1.6M10xas long as short
Lighter NEAR+0.0920%1h4.4693+0.441%$17.5M$24.6M15xas long as short
Phoenix NEAR+0.1003%1h4.4489−0.018%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1056%1h4.4708+0.475%$1.5M$6.6M10xas long as short
Pacifica NEAR+0.1187%1h4.4649+0.341%$410K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1200%1h4.4395−0.228%$6K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1232%1h4.4587+0.203%$1.9M$12.2M25xas long as short
RISEx NEAR/USDC+0.1259%1h4.4713+0.485%$682K$1.4M10xas long as short