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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0812%/8h= +88.9% APRnext payment +$1.02 per $10,000 · paid last 24h +0.257%
Price spread now: Aftermath Perps against GMX+0.197%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Aftermath Perps is 0.197% dearer against GMX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX NEAR/USD [ETH-USDC]4.5243L +0.0343% / S −0.0235%pay 0.0043% / 1h20m 54s$261K100x
ShortAftermath Perps NEARUSD4.53330.1155get 0.0144% / 1h20m 54s$6K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against GMX. 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
$170.55
Price spread: +0.197% → 0.000%
$19.73
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$169.28
Costs to cover
0.210%
Break-even
0.1 days
Slippage unknown: GMX: no order-book sample; Aftermath Perps: 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 GMX no order-book sample
Sell Aftermath Perps no order-book sample
GMX and Aftermath Perps: 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 exchanges

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%1h4.5351+0.237%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0140%1h4.5213−0.066%$7.5M$38.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.5336+0.206%$111K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5247+0.008%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.473%$578$301K12xas long as short
Phemex NEARUSDT+0.0090%8h4.5240−0.007%$3.4M$8.1M50xas long as short
Popdex NEARUSDT+0.0096%1h4.5310+0.147%$125K$524K50xas long as short
Aster NEARUSDT+0.0100%8h4.5218−0.056%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.5207−0.081%$275.0M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5180−0.140%$235.8M$433.8M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.5150−0.206%$64.5M$310.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.5330+0.192%$233K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5400+0.346%$271K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5232−0.025%$39.9M$63.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5190−0.118%$78.9M$171.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5180−0.140%$53.8M$45.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5138−0.233%$74.9M$130.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.5210−0.074%$79.1Mas long as short
Variational Omni NEAR+0.0100%8h4.5386+0.315%$9.5M$17.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.5367+0.274%$268K$868K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5423+0.397%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5340+0.214%$169K$827K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5312+0.152%$284K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5269+0.057%$59K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5420+0.391%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5275+0.070%$5K$44K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5350+0.236%$472K$3.9M75xas long as short
Paradex NEAR-USD-PERP+0.0103%8h4.5290+0.104%$33K$5110xas long as short
Extended NEAR-USD+0.0104%1h4.5151−0.203%$3.8M$15.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5250+0.016%$210K$38K3xas long as short
Kalshi KXNEARPERP+0.0111%8h4.5307+0.141%$850K$26.3M2.2xas long as short
01 Exchange NEARUSD+0.0152%1h4.5378+0.298%$13K$5K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.5260+0.037%$13.0M$33.1M75xas long as short
Hyperliquid NEAR+0.0283%1h4.5247+0.008%$365.4M$323.4M10xas long as short
Lighter NEAR+0.0312%1h4.5291+0.106%$17.7M$23.7M15xas long as short
GMX NEAR/USD [ETH-USDC]longL +0.0343% / S −0.0235%1h4.5243long leg$261K100x
Nado NEAR-PERP+0.0422%1h4.5295+0.114%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0520%1h4.5452+0.461%$2.3M$18.0M50xas long as short
RISEx NEAR/USDC+0.0569%1h4.5289+0.102%$642K$1.6M10xas long as short
Lighter RH NEAR+0.0600%1h4.5288+0.099%$1.6M$6.1M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0700%1h4.5287+0.097%$1.9M$13.1M25xas long as short
Backpack NEAR_USDC_PERP+0.0737%1h4.5244+0.002%$1.1M$7.0M20xas long as short
Phoenix NEAR+0.0851%1h4.5330+0.192%$1.7M$2.5M10xas long as short
Pacifica NEAR+0.0883%1h4.5378+0.298%$421K$1.4M10xas long as short
Aftermath Perps NEARUSDshort+0.1155%1h4.5333+0.197%$6K$7K10x