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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0524%/8h= +57.3% APRnext payment +$0.65 per $10,000 · paid last 24h +0.094%
Price spread now: Aftermath Perps against Lighter−0.124%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.124% cheaper against Lighter than usual: you would sell low and buy high (spread −0.124% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 19 hours of funding at the current rate (+$16 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NEAR4.37440.0576pay 0.0072% / 1h51m 11s$17.2M$23.8M15x
ShortAftermath Perps NEARUSD4.36900.1100get 0.0137% / 1h51m 11s$5K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter. 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
$109.94
Price spread: −0.124% → 0.000%
−$12.38
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$88.56
Costs to cover
0.090%
Break-even
1.4 days
Slippage unknown: Lighter: live order book, 8 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 8 min ago1.58 bp3.8 bp −$413.8 bp −$13868.9 bp −$6,886doesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0432%1h4.3692−0.120%$7.3M$38.6M50xas long as short
Phemex NEARUSDT−0.0192%8h4.3680−0.147%$3.5M$8.2M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3668−0.174%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3675−0.158%$107K$67K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3694−0.114%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.336%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3700−0.101%$119K$503K50xas long as short
Aster NEARUSDT+0.0100%8h4.3691−0.122%$2.7M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.3660−0.193%$220.2M$429.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3660−0.193%$61.7M$296.5M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.3710−0.078%$229K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3688−0.129%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.3654−0.206%$36.2M$61.7M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3680−0.147%$52.9M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3648−0.220%$72.1M$127.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.3578−0.381%$8.9M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.3651−0.213%$253K$894K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3670−0.169%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3660−0.193%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3690−0.124%$273K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3727−0.040%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3770+0.059%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3705−0.090%$5K$50K10xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3700−0.102%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3694−0.115%$3.6M$16.1M25xas long as short
Aevo NEAR-PERP+0.0112%1h4.3720−0.056%$203K$40K3xas long as short
Hyperliquid NEAR+0.0113%1h4.3680−0.147%$351.9M$316.6M10xas long as short
Binance NEARUSDT+0.0126%8h4.3696−0.110%$263.7M$1.09B75xas long as short
MEXC NEAR_USDT+0.0129%8h4.3670−0.170%$90.4M$153.1M200xas long as short
BingX NEAR-USDC+0.0144%8h4.3650−0.216%$6.7Mas long as short
Kalshi KXNEARPERP+0.0155%8h4.3716−0.065%$931K$25.1M2.2xas long as short
BloFin NEAR-USDT+0.0246%8h4.3710−0.078%$12.5M$32.2M75xas long as short
01 Exchange NEARUSD+0.0264%1h4.3714−0.069%$13K$7K10xas long as short
Nado NEAR-PERP+0.0306%1h4.3690−0.123%$1.7M$3.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0346% / S −0.0247%1h4.3700−0.101%$255K100xas long as short
Lighter RH NEAR+0.0400%1h4.3749+0.011%$1.5M$6.4M10xas long as short
HTX NEAR-USDT+0.0429%8h4.3820+0.173%$463K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3687−0.131%$2.3M$17.0M50xas long as short
Backpack NEAR_USDC_PERP+0.0561%1h4.3694−0.115%$1.1M$7.2M20xas long as short
Lighter NEARlong+0.0576%1h4.3744long leg$17.2M$23.8M15x
RISEx NEAR/USDC+0.0656%1h4.3701−0.098%$592K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.3710−0.078%$412K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0711%1h4.3751+0.015%$1.9M$13.1M25xas long as short
Phoenix NEAR+0.0740%1h4.3750+0.013%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSDshort+0.1100%1h4.3690−0.124%$5K$7K10x