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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h +0.002%
Price spread now: Aevo against GRVT−0.394%71s7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$710.714% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.394%, 7d avg +0.065%
Together, before fees+0.254%+ Points / potential airdropGRVT: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aevo is 0.460% cheaper against GRVT than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of +0.065%). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NEAR_USDT_Perp4.37710.0250pay 0.0250% / 8h7h 55m$1.4M$1.6M10x
ShortAevo NEAR-PERP4.35990.0112get 0.0014% / 1h55m 49s$203K$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GRVT. 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
−$28.98
Price spread: −0.394% → +0.065%
−$45.96
Slippage, 4 orders
−$46.44
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$146.38
Costs to cover
0.714%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; Aevo: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 2 min ago3.43 bp9.4 bp −$931.7 bp −$317doesn't fitdoesn't fit
Sell Aevo live order book, 43 min ago10.41 bp25.0 bp −$25doesn't fitdoesn't fitdoesn't fit

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
Kraken Futures PF_NEARUSD−0.0433%1h4.3576−0.446%$7.2M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3560−0.482%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3543−0.520%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3589−0.416%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.395%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3610−0.368%$115K$500K50xas long as short
Aster NEARUSDT+0.0100%8h4.3554−0.497%$2.7M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.3515−0.585%$219.5M$429.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3510−0.597%$61.4M$295.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3640−0.300%$228K$1.5M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk NEAR-USD+0.0100%1h4.3688−0.190%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.3528−0.556%$36.0M$61.6M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3540−0.528%$52.7M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3519−0.576%$71.9M$127.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.3578−0.442%$8.9M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.3729−0.097%$253K$892K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3710−0.140%$167K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3607−0.375%$272K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3630−0.323%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3650−0.277%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3585−0.426%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3570−0.460%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3578−0.443%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3503−0.612%$3.6M$16.2M25xas long as short
Aevo NEAR-PERPshort+0.0112%1h4.3599−0.394%$203K$40K3x
Binance NEARUSDT+0.0136%8h4.3537−0.536%$262.7M$1.09B75xas long as short
MEXC NEAR_USDT+0.0138%8h4.3540−0.528%$90.0M$152.7M200xas long as short
BingX NEAR-USDT+0.0144%8h4.3520−0.574%$83.0Mas long as short
Kalshi KXNEARPERP+0.0161%8h4.3603−0.384%$911K$25.1M2.2xas long as short
GRVT NEAR_USDT_Perplong+0.0250%8h4.3771long leg$1.4M$1.6M10x
BloFin NEAR-USDT+0.0258%8h4.3640−0.300%$13.2M$32.2M75xas long as short
Hyperliquid NEAR+0.0296%1h4.3572−0.455%$351.4M$317.3M10xas long as short
01 Exchange NEARUSD+0.0312%1h4.3643−0.293%$13K$7K10xas long as short
Nado NEAR-PERP+0.0317%1h4.3575−0.448%$1.7M$3.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0344% / S −0.0245%1h4.3584−0.429%$254K100xas long as short
HTX NEAR-USDT+0.0355%8h4.3690−0.186%$462K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3594−0.405%$2.3M$17.0M50xas long as short
Lighter RH NEAR+0.0552%1h4.3608−0.373%$1.5M$6.4M10xas long as short
Backpack NEAR_USDC_PERP+0.0555%1h4.3574−0.451%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.3623−0.340%$596K$1.4M10xas long as short
Lighter NEAR+0.0664%1h4.3610−0.368%$17.2M$23.7M15xas long as short
Pacifica NEAR+0.0701%1h4.3595−0.403%$411K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0759%1h4.3632−0.318%$1.9M$13.1M25xas long as short
Phoenix NEAR+0.0949%1h4.3666−0.240%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1091%1h4.3641−0.297%$5K$7K10xas long as short