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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: edgeX against GRVT+0.054%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$490.485% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 3 days (all we have)−0.063%−$6 · spread now +0.054%, 7d avg +0.007%
Together, before fees−0.043%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.047% dearer against GRVT than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NEAR_USDT_Perp4.29630.0100pay 0.0100% / 8h46m 52s$1.4M$1.3M10x
ShortedgeX NEARUSDC4.29860.0100get 0.0050% / 4h46m 52s$245K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0
Price spread: +0.054% → +0.007%
$4.68
Slippage, 4 orders
−$30.52
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$43.83
Costs to cover
0.485%
Break-even
never at this rate
Slippage from GRVT: live order book, 1 min ago; edgeX: live order book, 2 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, 1 min ago1.17 bp8.0 bp −$820.6 bp −$206doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago7.01 bp12.0 bp −$1232.0 bp −$320doesn'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
Reya NEARRUSDPERP−0.0171%1h4.2679−0.662%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2678−0.664%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2746−0.504%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2692−0.631%$401K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2702−0.607%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.615%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2700−0.612%$108K$496K50xas long as short
Bybit NEARUSDT+0.0097%8h4.2690−0.636%$219.4M$422.0M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2706−0.597%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2726−0.552%$3.0M$5.6M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2751−0.495%$402K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2730−0.543%$253.0M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2640−0.752%$60.9M$284.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2710−0.589%$197K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000+0.086%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2697−0.619%$30.1M$58.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2720−0.566%$78.2M$140.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2730−0.543%$56.0M$43.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2689−0.638%$70.9M$126.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2710−0.589%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3020+0.131%$8.0M$17.9Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.2986+0.054%$245K$1.2M20x
GRVT NEAR_USDT_Perplong+0.0100%8h4.2963long leg$1.4M$1.3M10x
ApeX Omni NEARUSDT+0.0100%1h4.2990+0.063%$180K$788K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2724−0.557%$217K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2662−0.701%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2730−0.543%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2690−0.636%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2700−0.612%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2651−0.726%$4.0M$15.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2685−0.647%$206K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2700−0.612%$7.4M$36.9M50xas long as short
01 Exchange NEARUSD+0.0208%1h4.2726−0.552%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2730−0.543%$13.0M$30.7M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0336%1h4.2707−0.596%$1.9M$2.3M25xas long as short
Lighter RH NEAR+0.0344%1h4.2768−0.454%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0375% / S −0.0314%1h4.2695−0.624%$274K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2733−0.535%$412K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0431%1h4.2742−0.515%$1.3M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2919−0.103%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0839%1h4.2710−0.590%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0879%8h4.2760−0.473%$457K$3.7M75xas long as short
Hyperliquid NEAR+0.1181%1h4.2783−0.419%$368.7M$298.1M10xas long as short
Aftermath Perps NEARUSD+0.1208%1h4.2998+0.081%$5K$11K10xas long as short
Lighter NEAR+0.1920%1h4.2820−0.333%$16.5M$23.7M15xas long as short