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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.078%
Price spread now: 01 Exchange against GMX+0.233%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 3 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 +$1 a day on $10k at the current rate, and 01 Exchange is 0.233% dearer against GMX than usual: you sell high and buy low: +$23 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]4.3073L +0.0358% / S −0.0277%pay 0.0045% / 1h44m 16s$258K100x
Short01 Exchange NEARUSD4.31730.0392get 0.0049% / 1h44m 16s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$7.23
Price spread: +0.233% → 0.000%
$23.26
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$11.49
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
GMX and 01 Exchange: 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%1h4.3023−0.115%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3415+0.794%$2.2M$13.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.3256+0.426%$108K$69K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3475+0.934%$521K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3081+0.019%$200K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.860%$578$302K12xas long as short
Variational Omni NEAR+0.0040%8h4.3438+0.848%$8.2M$19.1Mas long as short
Phemex NEARUSDT+0.0089%8h4.3340+0.620%$3.8M$8.3M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3130+0.133%$115K$477K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3138+0.151%$57K$161K20xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.3308+0.545%$409K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3109+0.084%$258.1M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3102+0.068%$219.4M$419.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3110+0.086%$61.1M$278.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3250+0.411%$205K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3300+0.527%$247K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3062−0.025%$30.9M$60.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3090+0.040%$76.0M$137.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3080+0.017%$55.4M$42.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3135+0.144%$71.5M$123.3M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3120+0.110%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3320+0.573%$260K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3229+0.363%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3310+0.551%$179K$778K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3147+0.172%$223K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3200+0.295%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3127+0.126%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3460+0.899%$442K$3.9M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3225+0.353%$31K$60810xas long as short
Aster NEARUSDT+0.0102%8h4.3257+0.428%$3.0M$5.8M50xas long as short
Extended NEAR-USD+0.0104%1h4.3125+0.122%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3157+0.195%$201K$34K3xas long as short
Kraken Futures PF_NEARUSD+0.0219%1h4.3146+0.171%$7.9M$39.9M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3220+0.342%$13.2M$27.6M75xas long as short
Nado NEAR-PERP+0.0356%1h4.3065−0.018%$1.9M$3.1M10xas long as short
GMX NEAR/USD [ETH-USDC]longL +0.0358% / S −0.0277%1h4.3073long leg$258K100x
01 Exchange NEARUSDshort+0.0392%1h4.3173+0.233%$13K$7K10x
RISEx NEAR/USDC+0.0509%1h4.3172+0.231%$538K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.3533+1.068%$1.8M$2.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0608%1h4.3146+0.170%$1.9M$4.1M25xas long as short
Lighter RH NEAR+0.0760%1h4.3356+0.657%$1.6M$6.9M10xas long as short
Hyperliquid NEAR+0.0808%1h4.3115+0.098%$362.7M$305.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0849%1h4.3435+0.841%$1.3M$6.0M20xas long as short
Lighter NEAR+0.1456%1h4.3394+0.746%$17.3M$24.6M15xas long as short
Aftermath Perps NEARUSD+0.1477%1h4.3245+0.400%$5K$12K10xas long as short