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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against MEXC−0.023%53s7-day average +0.160% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1351.354% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 3 days (all we have)+0.461%+$46 · spread now −0.023%, 7d avg +0.160%
Together, before fees+0.501%+$50 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 0.183% cheaper against MEXC than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.160%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEAR_USDT4.27400.0100pay 0.0100% / 8h1h 07m$84.2M$144.8M200x
ShortSunX NEAR-USDT4.27300.0100get 0.0100% / 8h1h 07m$2K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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: −0.023% → +0.160%
−$18.29
Slippage, 4 orders
−$127.39
Fee MEXC: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$153.68
Costs to cover
1.354%
Break-even
never at this rate
Slippage from MEXC: live order book, 7 min ago; SunX: live order book, 7 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 MEXC live order book, 7 min ago1.19 bp3.1 bp −$34.1 bp −$4119.7 bp −$1,96548.2 bp −$24.1K
Sell SunX live order book, 7 min ago30.83 bp81.0 bp −$81doesn't fitdoesn'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%1h4.2713−0.063%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.2705−0.082%$2.2M$13.1M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−3.112%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.2631−0.254%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2750+0.023%$477K$18.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2800+0.140%$207K150xas long as short
Kraken Futures PF_NEARUSD+0.0047%1h4.2695−0.106%$7.7M$36.2M50xas long as short
Popdex NEARUSDT+0.0096%1h4.2730−0.023%$106K$489K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2602−0.323%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2739−0.003%$3.0M$5.6M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2646−0.220%$397K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2754+0.033%$246.9M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2780+0.094%$219.7M$420.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2830+0.211%$60.0M$283.1M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2630−0.257%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2317−0.990%$241K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2746+0.014%$30.1M$59.0M75xas long as short
MEXC NEAR_USDTlong+0.0100%8h4.2740long leg$84.2M$144.8M200x
KuCoin NEARUSDTM+0.0100%8h4.2770+0.070%$56.1M$43.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2713−0.063%$70.9M$125.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2790+0.117%$137.0Mas long as short
Variational Omni NEAR+0.0100%8h4.2299−1.031%$7.9M$17.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.2295−1.042%$247K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2644−0.225%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2620−0.281%$178K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2766+0.061%$232K$3.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2826+0.201%$57K$194K20xas long as short
SunX NEAR-USDTshort+0.0100%8h4.2730−0.023%$2K$1.4M20x
SoDEX NEAR-USD+0.0100%1h4.2660−0.187%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2690−0.117%$3.9M$8.1M50xas long as short
Extended NEAR-USD+0.0104%1h4.2585−0.364%$4.0M$14.8M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2682−0.135%$206K$62K3xas long as short
01 Exchange NEARUSD+0.0144%1h4.2662−0.182%$13K$7K10xas long as short
Lighter RH NEAR+0.0160%1h4.2672−0.159%$1.5M$7.0M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2660−0.187%$12.6M$32.3M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0312%1h4.2715−0.058%$1.9M$2.3M25xas long as short
RISEx NEAR/USDC+0.0364%1h4.2651−0.208%$411K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0390% / S −0.0335%1h4.2706−0.080%$292K100xas long as short
Nado NEAR-PERP+0.0479%1h4.2715−0.058%$1.9M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.2682−0.136%$1.8M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0552%1h4.2714−0.061%$1.3M$5.5M20xas long as short
Hyperliquid NEAR+0.0611%1h4.2845+0.246%$369.0M$295.6M10xas long as short
HTX NEAR-USDT+0.0930%8h4.27400.000%$462K$3.6M75xas long as short
Aftermath Perps NEARUSD+0.0978%1h4.2463−0.648%$5K$11K10xas long as short
Lighter NEAR+0.0992%1h4.2754+0.033%$16.4M$23.8M15xas long as short