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+0.0982%/8h= +107.5% APRpaid last 24h +0.324%
Price spread now: Aftermath Perps against Orderly+0.037%7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Aftermath Perps is 0.037% dearer against Orderly than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.36680.0100pay 0.0100% / 8h7h 57m$58K$235K20x
ShortAftermath Perps NEARUSD4.36840.1082get 0.0135% / 1h57m 01s$5K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Orderly. 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
$206.17
Price spread: +0.037% → 0.000%
$3.71
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$194.88
Costs to cover
0.150%
Break-even
0.4 days
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell Aftermath Perps no order-book sample
Orderly and 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−0.0433%1h4.3617−0.118%$7.2M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3629−0.090%$2K20xas long as short
Phemex NEARUSDT−0.0122%8h4.3640−0.064%$3.5M$8.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.3717+0.113%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3639−0.065%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.171%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3690+0.050%$115K$500K50xas long as short
Aster NEARUSDT+0.0100%8h4.3629−0.090%$2.7M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.3640−0.064%$220.1M$429.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3640−0.064%$61.6M$296.3M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.3720+0.119%$229K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3688+0.046%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.3632−0.082%$36.1M$61.6M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3640−0.064%$52.8M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3646−0.050%$72.2M$127.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.3629−0.089%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3729+0.140%$253K$892K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3710+0.096%$167K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3640−0.064%$272K$4.1M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.3668long leg$58K$235K20x
SunX NEAR-USDT+0.0100%8h4.3790+0.279%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3634−0.078%$5K$50K10xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3706+0.088%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3638−0.069%$3.6M$16.2M25xas long as short
Aevo NEAR-PERP+0.0112%1h4.3640−0.064%$203K$40K3xas long as short
MEXC NEAR_USDT+0.0138%8h4.3630−0.087%$89.0M$152.4M200xas long as short
Binance NEARUSDT+0.0138%8h4.3628−0.091%$263.6M$1.09B75xas long as short
BingX NEAR-USDT+0.0144%8h4.3610−0.133%$83.0Mas long as short
Kalshi KXNEARPERP+0.0163%8h4.3682+0.032%$909K$25.1M2.2xas long as short
Nado NEAR-PERP+0.0223%1h4.3655−0.030%$1.7M$3.2M10xas long as short
GRVT NEAR_USDT_Perp+0.0250%8h4.3771+0.236%$1.4M$1.6M10xas long as short
BloFin NEAR-USDT+0.0258%8h4.3640−0.064%$13.2M$32.2M75xas long as short
01 Exchange NEARUSD+0.0288%1h4.3741+0.167%$13K$7K10xas long as short
Hyperliquid NEAR+0.0311%1h4.3681+0.030%$352.4M$317.2M10xas long as short
HTX NEAR-USDT+0.0342%8h4.3820+0.348%$463K$3.8M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0344% / S −0.0244%1h4.3647−0.049%$255K100xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3717+0.112%$2.3M$17.1M50xas long as short
Lighter RH NEAR+0.0552%1h4.3685+0.039%$1.5M$6.4M10xas long as short
Backpack NEAR_USDC_PERP+0.0605%1h4.3666−0.005%$1.1M$7.2M20xas long as short
Lighter NEAR+0.0640%1h4.3698+0.069%$17.2M$23.7M15xas long as short
RISEx NEAR/USDC+0.0656%1h4.3658−0.022%$599K$1.4M10xas long as short
Pacifica NEAR+0.0701%1h4.3720+0.118%$412K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3666−0.005%$1.8M$2.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0964%1h4.3701+0.076%$1.9M$13.1M25xas long as short
Aftermath Perps NEARUSDshort+0.1082%1h4.3684+0.037%$5K$7K10x