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: Polymarket Perps against GRVT−0.275%63s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.406% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 7 days+0.240%+$24 · spread now −0.275%, 7d avg +0.020%
Together, before fees+0.231%+ Points / potential airdropGRVT: Active · farm board+$23 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: Polymarket Perps is 0.294% cheaper against GRVT than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.020%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NEAR_USDT_Perp4.29800.0100pay 0.0100% / 8h47m 58s$1.4M$1.3M10x
ShortPolymarket Perps NEAR-USD4.28620.0100get 0.0013% / 1h47m 58s$219K$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.275% → +0.020%
−$29.44
Slippage, 4 orders
−$23.57
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$70.01
Costs to cover
0.406%
Break-even
never at this rate
Slippage from GRVT: live order book, just now; Polymarket Perps: live order book, 1 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, just now1.17 bp8.0 bp −$820.6 bp −$206doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 1 min ago1.87 bp10.3 bp −$1032.9 bp −$329doesn'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%1h4.2817−0.379%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2964−0.037%$2.2M$13.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.2801−0.416%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2877−0.240%$392K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2852−0.297%$204K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.653%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2810−0.396%$109K$496K50xas long as short
Bybit NEARUSDT+0.0099%8h4.2720−0.605%$219.6M$421.6M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2816−0.382%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2847−0.310%$3.0M$5.6M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2839−0.328%$403K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2771−0.487%$253.3M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2740−0.559%$61.0M$285.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2810−0.396%$197K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000+0.046%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2816−0.382%$30.2M$58.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2820−0.372%$79.2M$140.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2850−0.303%$56.2M$43.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2734−0.572%$71.0M$126.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2840−0.326%$138.3Mas long as short
Variational Omni NEAR+0.0100%8h4.3020+0.092%$8.0M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3021+0.095%$269K$1.2M20xas long as short
GRVT NEAR_USDT_Perplong+0.0100%8h4.2980long leg$1.4M$1.3M10x
ApeX Omni NEARUSDT+0.0100%1h4.2990+0.023%$180K$788K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.2862−0.275%$219K$3.3M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.2866−0.265%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2940−0.093%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2875−0.244%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2830−0.349%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2732−0.577%$4.0M$15.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2861−0.276%$206K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2909−0.166%$7.5M$36.9M50xas long as short
01 Exchange NEARUSD+0.0216%1h4.2829−0.351%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2970−0.023%$13.0M$30.8M75xas long as short
Lighter RH NEAR+0.0328%1h4.2899−0.189%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0375% / S −0.0314%1h4.2852−0.297%$275K100xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0403%1h4.2888−0.214%$1.9M$2.3M25xas long as short
RISEx NEAR/USDC+0.0404%1h4.2832−0.344%$413K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0452%1h4.2863−0.272%$1.3M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.3418+1.019%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0852%1h4.2800−0.419%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0884%8h4.2920−0.140%$458K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1214%1h4.3048+0.159%$5K$11K10xas long as short
Hyperliquid NEAR+0.1223%1h4.2897−0.193%$369.7M$297.9M10xas long as short
Lighter NEAR+0.1952%1h4.2973−0.017%$16.5M$23.7M15xas long as short