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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Orderly−0.169%7-day average +0.080% · 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 7 days+0.063%+$6 on $10k
Price spread, last 3 days (all we have)+0.531%+$53 · spread now −0.169%, 7d avg +0.080%
Together, before fees+0.594%+$59 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 0.248% cheaper against Orderly than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.20910.0100pay 0.0100% / 8h1h 16m$56K$194K20x
ShortApeX Omni NEARUSDT4.20200.0100get 0.0013% / 1h16m 38s$176K$793K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$0
Price spread: −0.169% → +0.080%
−$24.85
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$40.85
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 67 min ago. 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 ApeX Omni live order book, 67 min ago8.49 bp17.8 bp −$1892.0 bp −$920doesn't fitdoesn't fit
Orderly: 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
Reya NEARRUSDPERP−0.0171%1h4.2092+0.003%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.2128+0.088%$2.2M$12.8M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−1.618%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.2087−0.009%$109K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2099+0.019%$431K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2112+0.051%$209K150xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0035%1h4.2105+0.033%$1.9M$2.2M25xas long as short
Kraken Futures PF_NEARUSD+0.0048%1h4.2102+0.026%$7.7M$36.6M50xas long as short
Popdex NEARUSDT+0.0096%1h4.2140+0.116%$108K$487K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2067−0.057%$30K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.2141+0.119%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2102+0.025%$364K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2090−0.002%$242.0M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2066−0.059%$215.0M$420.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2070−0.050%$58.4M$277.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2080−0.026%$226K$1.7M10xas long as short
Gate NEAR_USDT+0.0100%8h4.2092+0.002%$30.3M$57.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2090−0.002%$83.3M$143.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2100+0.021%$55.3M$43.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2079−0.029%$69.7M$124.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2080−0.026%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1950−0.336%$7.8M$18.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.1992−0.236%$240K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2092+0.003%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.2020−0.169%$176K$793K50x
Polymarket Perps NEAR-USD+0.0100%1h4.2158+0.159%$204K$3.2M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.2091long leg$56K$194K20x
SunX NEAR-USDT+0.0100%8h4.2150+0.140%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2079−0.029%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2100+0.021%$3.9M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2042−0.117%$240K$2K10xas long as short
Extended NEAR-USD+0.0104%1h4.2051−0.095%$3.9M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2070−0.050%$203K$62K3xas long as short
Lighter RH NEAR+0.0120%1h4.2141+0.119%$1.5M$7.0M10xas long as short
01 Exchange NEARUSD+0.0120%1h4.2183+0.219%$12K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2120+0.069%$12.4M$31.8M75xas long as short
RISEx NEAR/USDC+0.0364%1h4.2109+0.042%$411K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0382% / S −0.0327%1h4.2111+0.046%$283K100xas long as short
Hyperliquid NEAR+0.0433%1h4.2157+0.157%$357.7M$294.0M10xas long as short
Nado NEAR-PERP+0.0503%1h4.2116+0.059%$1.9M$3.5M10xas long as short
Backpack NEAR_USDC_PERP+0.0509%1h4.2129+0.090%$1.2M$5.6M20xas long as short
Phoenix NEAR+0.0542%1h4.2035−0.133%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0856%1h4.2196+0.250%$16.3M$23.6M15xas long as short
HTX NEAR-USDT+0.0947%8h4.2240+0.354%$454K$3.5M75xas long as short
Aftermath Perps NEARUSD+0.0979%1h4.2046−0.107%$5K$11K10xas long as short