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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0396%/8h= −43.4% APRnext payment $0.50 per $10,000 · paid last 24h −0.129%
Price spread now: Coinbase International against GMX−0.029%7-day average −0.015% · you buy dearer than you sell
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)−0.361%−$36 on $10k
Price spread, last 3 days (all we have)−0.001%$0 · spread now −0.029%, 7d avg −0.015%
Together, before fees−0.361%−$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX NEAR/USD [ETH-USDC]4.1233L +0.0372% / S −0.0317%pay 0.0047% / 1h9m 11s$272K100x
ShortCoinbase International NEAR-PERP-INTX4.1221−0.0024pay 0.0003% / 1h9m 11s$2.1M$12.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$83.23
Price spread: −0.029% → −0.015%
−$1.32
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$106.55
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 5 min ago. 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 Coinbase International live order book, 5 min ago5.58 bp12.0 bp −$1217.5 bp −$175doesn't fitdoesn't fit
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%1h4.1195−0.093%$2K20xas long as short
Coinbase International NEAR-PERP-INTXshort−0.0024%1h4.1221−0.029%$2.1M$12.6M50x
dYdX NEAR-USD0.0000%1h4.1189−0.107%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1130−0.249%$396K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1246+0.032%$204K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410+0.430%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.1190−0.104%$107K$490K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.1261+0.068%$53K$157K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1186−0.112%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1202−0.076%$2.9M$5.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.1188−0.108%$347K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1296+0.153%$235.3M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1279+0.112%$210.1M$428.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1280+0.115%$56.2M$275.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1150−0.201%$234K$6K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1310+0.187%$29.3M$58.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1300+0.163%$80.2M$144.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1260+0.066%$55.7M$44.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1310+0.187%$68.7M$127.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1300+0.163%$136.7Mas long as short
Variational Omni NEAR+0.0100%8h4.1114−0.288%$7.6M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.1110−0.298%$234K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1103−0.315%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1130−0.249%$181K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1220−0.031%$199K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1240+0.018%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1260+0.066%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1310+0.187%$3.8M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.1257+0.058%$3.7M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1264+0.076%$200K$61K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1220−0.031%$307K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0150%1h4.1294+0.149%$7.3M$36.9M50xas long as short
01 Exchange NEARUSD+0.0168%1h4.1210−0.055%$12K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0186%1h4.1302+0.168%$1.8M$2.1M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.1270+0.090%$12.3M$33.6M75xas long as short
Lighter RH NEAR+0.0256%1h4.1321+0.214%$1.4M$7.2M10xas long as short
Nado NEAR-PERP+0.0366%1h4.1166−0.161%$1.8M$3.6M10xas long as short
GMX NEAR/USD [ETH-USDC]longL +0.0372% / S −0.0317%1h4.1233long leg$272K100x
RISEx NEAR/USDC+0.0569%1h4.1217−0.038%$411K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1233+0.001%$1.7M$2.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0740%1h4.1365+0.321%$1.4M$5.7M20xas long as short
Lighter NEAR+0.0760%1h4.1333+0.244%$15.2M$23.0M15xas long as short
Hyperliquid NEAR+0.0874%1h4.1366+0.323%$347.2M$298.8M10xas long as short
Aftermath Perps NEARUSD+0.0929%1h4.1231−0.005%$5K$11K10xas long as short
HTX NEAR-USDT+0.1073%8h4.1330+0.236%$444K$3.7M75xas long as short