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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Orderly−0.657%49s7-day average −0.008% · 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+0.046%+$5 on $10k
Price spread, last 4 days (all we have)+0.414%+$41 · spread now −0.657%, 7d avg −0.008%
Together, before fees+0.460%+ Points / potential airdropedgeX: Active · farm board+$46 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: edgeX is 0.649% cheaper against Orderly than usual: you would sell low and buy high, −$65 on $10k if it goes back to its 7-day average of −0.008%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.39470.0100pay 0.0100% / 8h7h 47m$59K$235K20x
ShortedgeX NEARUSDC4.36580.0100get 0.0050% / 4h3h 47m$253K$895K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.657% → −0.008%
−$64.92
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$79.92
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 41 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 edgeX live order book, 41 min ago8.05 bp13.5 bp −$1427.6 bp −$276doesn'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
Kraken Futures PF_NEARUSD−0.0430%1h4.3954+0.016%$7.3M$38.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4043+0.219%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4043+0.217%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4100+0.348%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.773%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4000+0.121%$117K$504K50xas long as short
Aster NEARUSDT+0.0100%8h4.3982+0.080%$2.8M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.3991+0.100%$222.6M$429.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3990+0.098%$62.0M$298.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.4020+0.166%$230K$1.5M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk NEAR-USD+0.0100%1h4.3750−0.448%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4015+0.155%$36.5M$61.7M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4000+0.121%$53.2M$45.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4001+0.123%$72.7M$127.8M75xas long as short
Variational Omni NEAR+0.0100%8h4.3688−0.590%$9.0M$18.3Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.3658−0.657%$253K$895K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3670−0.630%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3680−0.608%$167K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4010+0.143%$275K$4.1M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.3947long leg$59K$235K20x
SunX NEAR-USDT+0.0100%8h4.4000+0.121%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3945−0.005%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3950+0.007%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3994+0.107%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3984+0.085%$3.7M$16.0M25xas long as short
Aevo NEAR-PERP+0.0112%1h4.3950+0.008%$204K$40K3xas long as short
MEXC NEAR_USDT+0.0120%8h4.4090+0.325%$93.5M$154.1M200xas long as short
Binance NEARUSDT+0.0121%8h4.4020+0.166%$265.6M$1.09B75xas long as short
Hyperliquid NEAR+0.0125%1h4.4040+0.212%$354.8M$317.3M10xas long as short
BingX NEAR-USDT+0.0132%8h4.4000+0.121%$83.1Mas long as short
Kalshi KXNEARPERP+0.0153%8h4.3750−0.448%$886K$25.2M2.2xas long as short
BloFin NEAR-USDT+0.0242%8h4.3640−0.699%$12.5M$32.2M75xas long as short
Nado NEAR-PERP+0.0264%1h4.4003+0.127%$1.7M$3.2M10xas long as short
01 Exchange NEARUSD+0.0272%1h4.4014+0.152%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0348% / S −0.0248%1h4.3894−0.121%$256K100xas long as short
Lighter RH NEAR+0.0352%1h4.4101+0.350%$1.5M$6.4M10xas long as short
HTX NEAR-USDT+0.0443%8h4.4010+0.143%$466K$3.8M75xas long as short
Lighter NEAR+0.0464%1h4.4106+0.362%$17.4M$23.8M15xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3978+0.071%$2.3M$17.2M50xas long as short
Backpack NEAR_USDC_PERP+0.0572%1h4.4024+0.175%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.3811−0.310%$594K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.4054+0.243%$415K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3729−0.496%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1084%1h4.3741−0.469%$5K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1571%1h4.4010+0.143%$1.9M$13.1M25xas long as short