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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0269%/8h= −29.5% APRnext payment $0.34 per $10,000 · paid last 24h −0.080%
Price spread now: Extended against GMX−0.281%7-day average −0.042% · 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)−0.209%−$21 on $10k
Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.281%, 7d avg −0.042%
Together, before fees−0.221%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Extended is 0.239% cheaper against GMX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX NEAR/USD [ETH-USDC]4.2610L +0.0373% / S −0.0313%pay 0.0047% / 1h42m 33s$272K100x
ShortExtended NEAR-USD4.24900.0104get 0.0013% / 1h42m 33s$4.0M$15.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$56.58
Price spread: −0.281% → −0.042%
−$23.92
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$97.5
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 2 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 Extended live order book, 2 min ago0.35 bp4.4 bp −$412.7 bp −$127doesn'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%1h4.2533−0.181%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2700+0.211%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2616+0.015%$110K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2611+0.002%$425K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2613+0.006%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−2.816%$578$302K12xas long as short
Bybit NEARUSDT+0.0087%8h4.2500−0.258%$218.2M$421.7M75xas long as short
Popdex NEARUSDT+0.0096%1h4.2500−0.258%$108K$496K50xas long as short
Variational Omni NEAR+0.0098%8h4.2670+0.140%$7.8M$18.0Mas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2532−0.182%$31K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.2596−0.033%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2614+0.010%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2502−0.253%$251.7M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2530−0.188%$60.8M$283.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2520−0.211%$201K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000+0.915%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2518−0.216%$30.0M$58.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2550−0.141%$77.6M$140.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2550−0.141%$55.6M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2541−0.162%$70.6M$126.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2590−0.047%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2703+0.219%$243K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2699+0.210%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2710+0.235%$178K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2556−0.127%$205K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2726+0.272%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2760+0.352%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2690+0.188%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2700+0.211%$3.9M$8.3M50xas long as short
Extended NEAR-USDshort+0.0104%1h4.2490−0.281%$4.0M$15.9M25x
Aevo NEAR-PERP+0.0104%1h4.2710+0.235%$206K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2701+0.213%$7.4M$36.9M50xas long as short
01 Exchange NEARUSD+0.0176%1h4.2529−0.190%$12K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2690+0.188%$13.1M$30.7M75xas long as short
GMX NEAR/USD [ETH-USDC]longL +0.0373% / S −0.0313%1h4.2610long leg$272K100x
Lighter RH NEAR+0.0376%1h4.2751+0.331%$1.5M$7.0M10xas long as short
RISEx NEAR/USDC+0.0404%1h4.2550−0.141%$410K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0430%1h4.2747+0.322%$1.3M$5.5M20xas long as short
Phoenix NEAR+0.0463%1h4.2745+0.317%$1.8M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0640%1h4.2758+0.347%$1.9M$2.3M25xas long as short
Nado NEAR-PERP+0.0823%1h4.2535−0.176%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0867%8h4.2830+0.516%$457K$3.6M75xas long as short
Hyperliquid NEAR+0.1051%1h4.2622+0.028%$366.2M$299.2M10xas long as short
Aftermath Perps NEARUSD+0.1189%1h4.2796+0.437%$5K$11K10xas long as short
Lighter NEAR+0.1832%1h4.2661+0.121%$16.4M$23.7M15xas long as short