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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against OKX+0.902%90s7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.494% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)−0.496%−$50 · spread now +0.902%, 7d avg +0.110%
Together, before fees−0.485%−$49 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: ApeX Omni is 0.792% dearer against OKX than usual: you sell high and buy low, +$79 on $10k if it goes back to its 7-day average of +0.110%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NEAR-USDT-SWAP4.32500.0100pay 0.0100% / 8h3h 24m$61.4M$290.8M50x
ShortApeX Omni NEARUSDT4.36400.0100get 0.0013% / 1h24m 03s$168K$797K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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: +0.902% → +0.110%
$79.19
Slippage, 4 orders
−$29.42
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$29.76
Costs to cover
0.494%
Break-even
from the start
Slippage from OKX: live order book, 5 min ago; ApeX Omni: live order book, 30 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 OKX live order book, 5 min ago1.15 bp10.1 bp −$1015.5 bp −$15533.4 bp −$3,340doesn't fit
Sell ApeX Omni live order book, 30 min ago5.74 bp13.6 bp −$1493.9 bp −$939doesn'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%1h4.3438+0.435%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3466+0.499%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3348+0.227%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.254%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3423+0.400%$2.3M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3440+0.439%$110K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.3423+0.400%$266.1M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3227−0.053%$213.9M$428.4M75xas long as short
OKX NEAR-USDT-SWAPlong+0.0100%8h4.3250long leg$61.4M$290.8M50x
Bulk NEAR-USD+0.0100%1h4.3412+0.375%$247K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3383+0.308%$32.1M$61.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3450+0.462%$73.2M$145.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3400+0.347%$53.7M$46.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3247−0.007%$71.1M$128.8M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3390+0.324%$145.9Mas long as short
Variational Omni NEAR+0.0100%8h4.3627+0.872%$8.4M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3622+0.860%$255K$947K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3589+0.785%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.3640+0.902%$168K$797K50x
Polymarket Perps NEAR-USD+0.0100%1h4.3483+0.539%$279K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3383+0.308%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3570+0.740%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3520+0.624%$472K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3400+0.347%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3471+0.510%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3395+0.335%$202K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3540+0.671%$13.5M$32.3M75xas long as short
Pacifica NEAR+0.0263%1h4.3507+0.595%$408K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0285%8h4.3439+0.437%$780K$23.3M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0324% / S −0.0199%1h4.3348+0.226%$234K100xas long as short
Aster NEARUSDT+0.0333%8h4.3375+0.290%$2.8M$5.5M50xas long as short
SoDEX NEAR-USD+0.0379%1h4.3350+0.231%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0528%1h4.3499+0.576%$13K$7K10xas long as short
Nado NEAR-PERP+0.0576%1h4.3460+0.486%$1.8M$3.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0578%1h4.3419+0.391%$1.3M$6.7M20xas long as short
Hyperliquid NEAR+0.0619%1h4.3422+0.398%$355.7M$313.6M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3490+0.555%$213K$1.6M10xas long as short
Extended NEAR-USD+0.0640%1h4.3237−0.030%$3.8M$20.0M25xas long as short
Kraken Futures PF_NEARUSD+0.0711%1h4.3356+0.244%$7.6M$39.3M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0811%1h4.3390+0.324%$1.9M$9.0M25xas long as short
Lighter RH NEAR+0.0904%1h4.3424+0.402%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3721+1.089%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1112%1h4.3453+0.469%$17.5M$25.0M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3483+0.538%$690K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1554%1h4.3501+0.580%$5K$13K10xas long as short