Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.129%

Price spread now: edgeX against HTX+0.293%77s7-day average −0.245% · you sell dearer than you buy

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$890.889% of the position

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.570%−$57 on $10k

Price spread, last 4 days (all we have)−0.556%−$56 · spread now +0.293%, 7d avg −0.245%

Together, before fees−1.126%+ Points / potential airdropedgeX: Active · farm board−$113 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 0.538% dearer against HTX than usual: you sell high and buy low, +$54 on $10k if it goes back to its 7-day average of −0.245%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NEAR-USDT	4.3630	0.0100	pay 0.0100% / 8h	3h 51m	$456K	$4.0M	75x
Short	edgeX NEARUSDC	4.3758	0.0100	get 0.0050% / 4h	3h 51m	$263K	$941K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee edgeXbpOrdersPrice spread, now +0.293%Rate

Funding earned: $0
Price spread: +0.293% → −0.245%: $53.78
Slippage, 4 orders: −$67.86
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$35.09
Costs to cover: 0.889%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; edgeX: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 2 min ago	9.16 bp	29.7 bp −$30	57.6 bp −$576	doesn't fit	doesn't fit
Sell edgeX live order book, 57 min ago	10.08 bp	15.2 bp −$15	35.7 bp −$357	doesn't fit	doesn't fit

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.3558	−0.165%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3515	−0.264%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3560	−0.160%	$163K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.088%	$578	$301K	12x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3572	−0.133%	$2.3M	$15.8M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3580	−0.115%	$108K	$502K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3540	−0.206%	$267.9M	$1.09B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3495	−0.309%	$219.1M	$424.5M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3510	−0.275%	$62.1M	$292.6M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3771	+0.324%	$249K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3496	−0.307%	$31.8M	$60.4M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3530	−0.229%	$74.6M	$143.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3520	−0.252%	$54.2M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3483	−0.337%	$71.3M	$129.0M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3480	−0.344%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3637	+0.017%	$8.4M	$18.0M	—	as long as short
edgeX NEARUSDCshort	+0.0100%	4h	4.3758	+0.293%	$263K	$941K	20x
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3610	−0.046%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3730	+0.229%	$168K	$800K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3578	−0.119%	$247K	$3.8M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3565	−0.149%	$56K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3640	+0.023%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDTlong	+0.0100%	8h	4.3630	long leg	$456K	$4.0M	75x
Phemex NEARUSDT	+0.0100%	8h	4.3600	−0.069%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.3495	−0.308%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3533	−0.222%	$202K	$40K	3x	as long as short
Kalshi KXNEARPERP	+0.0162%	8h	4.3550	−0.183%	$579K	$22.7M	2.2x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3590	−0.092%	$13.7M	$32.3M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3533	−0.222%	$414K	$1.2M	10x	as long as short
Aster NEARUSDT	+0.0309%	8h	4.3520	−0.253%	$2.9M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0319% / S −0.0191%	1h	4.3560	−0.160%	$231K	—	100x	as long as short
SoDEX NEAR-USD	+0.0353%	1h	4.3555	−0.172%	$8K	$52K	10x	as long as short
01 Exchange NEARUSD	+0.0520%	1h	4.3607	−0.053%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0546%	1h	4.3585	−0.103%	$1.4M	$6.5M	20x	as long as short
Hyperliquid NEAR	+0.0595%	1h	4.3544	−0.197%	$358.7M	$318.1M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3620	−0.023%	$214K	$1.6M	10x	as long as short
Extended NEAR-USD	+0.0632%	1h	4.3463	−0.383%	$3.9M	$19.7M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0707%	1h	4.3570	−0.138%	$7.7M	$39.9M	50x	as long as short
Nado NEAR-PERP	+0.0714%	1h	4.3555	−0.172%	$1.9M	$3.1M	10x	as long as short
Lighter RH NEAR	+0.0840%	1h	4.3554	−0.174%	$1.5M	$7.3M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3617	−0.030%	$1.8M	$2.8M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0990%	1h	4.3601	−0.066%	$1.9M	$8.1M	25x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3628	−0.004%	$597K	$1.4M	10x	as long as short
Lighter NEAR	+0.1352%	1h	4.3585	−0.104%	$17.6M	$24.8M	15x	as long as short
Aftermath Perps NEARUSD	+0.1630%	1h	4.3708	+0.178%	$5K	$12K	10x	as long as short