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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against KuCoin−0.045%7-day average +0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1601.597% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)+0.519%+$52 · spread now −0.045%, 7d avg +0.120%
Together, before fees+0.545%+$54 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: SunX is 0.164% cheaper against KuCoin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.120%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NEARUSDTM4.45700.0100pay 0.0100% / 8h5h 27m$54.2M$44.0M75x
ShortSunX NEAR-USDT4.45500.0100get 0.0100% / 8h5h 27m$1K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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: −0.045% → +0.120%
−$16.44
Slippage, 4 orders
−$139.68
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$176.12
Costs to cover
1.597%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; SunX: live order book, 10 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 KuCoin live order book, 5 min ago1.12 bp16.3 bp −$1632.8 bp −$32893.8 bp −$9,382doesn't fit
Sell SunX live order book, 10 min ago31.29 bp79.8 bp −$80doesn't fitdoesn't fitdoesn't fit

NEAR on 45 exchanges

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−0.0238%1h4.4442−0.288%$7.3M$36.9M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4470−0.225%$2K20xas long as short
01 Exchange NEARUSD−0.0008%1h4.4451−0.267%$13K$4K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4463−0.240%$748K$26.1M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4466−0.233%$167K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.090%$578$301K12xas long as short
dYdX NEAR-USD+0.0037%1h4.4434−0.304%$109K$53K10xas long as short
Lighter NEAR+0.0096%1h4.4537−0.075%$16.9M$24.8M15xas long as short
Popdex NEARUSDT+0.0096%1h4.4440−0.292%$122K$502K50xas long as short
Aster NEARUSDT+0.0100%8h4.4452−0.265%$2.7M$4.8M50xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.4447−0.277%$267.3M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4428−0.319%$228.5M$428.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4410−0.359%$63.5M$296.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4650+0.179%$266K$13K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4441−0.289%$39.7M$62.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4450−0.269%$71.7M$169.7M200xas long as short
KuCoin NEARUSDTMlong+0.0100%8h4.4570long leg$54.2M$44.0M75x
Bitget NEARUSDT+0.0100%8h4.4436−0.301%$74.2M$127.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4450−0.269%$75.2Mas long as short
Variational Omni NEAR+0.0100%8h4.4475−0.214%$8.7M$16.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4388−0.408%$263K$862K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4462−0.242%$1.5M$1.8M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4380−0.426%$165K$808K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4480−0.202%$206K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4468−0.229%$55K$273K20xas long as short
SunX NEAR-USDTshort+0.0100%8h4.4550−0.045%$1K$1.3M20x
SoDEX NEAR-USD+0.0100%1h4.4475−0.213%$5K$34K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4540−0.067%$466K$3.6M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4480−0.202%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4449−0.271%$32K$38910xas long as short
Extended NEAR-USD+0.0104%1h4.4440−0.291%$3.7M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4467−0.231%$207K$38K3xas long as short
Hyperliquid NEAR+0.0114%1h4.4562−0.018%$358.4M$313.6M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0191% / S −0.0034%1h4.4368−0.453%$239K100xas long as short
Lighter RH NEAR+0.0200%1h4.4533−0.083%$1.5M$5.9M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4380−0.426%$12.7M$32.4M75xas long as short
Nado NEAR-PERP+0.0262%1h4.4455−0.258%$1.8M$3.1M10xas long as short
Arcus NEAR-USD+0.0343%1h4.4470−0.224%$224K$1.4M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.4453−0.263%$637K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.4521−0.110%$2.3M$17.4M50xas long as short
Backpack NEAR_USDC_PERP+0.0539%1h4.4518−0.117%$1.1M$7.1M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0717%1h4.4516−0.121%$1.9M$13.0M25xas long as short
Phoenix NEAR+0.0741%1h4.4450−0.269%$1.7M$2.7M10xas long as short
Pacifica NEAR+0.0851%1h4.4524−0.102%$418K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.0918%1h4.4468−0.228%$6K$6K10xas long as short