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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Orderly+0.070%7-day average −0.057% · 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 7 days+0.046%+$5 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.070%, 7d avg −0.057%
Together, before fees+0.112%+ Points / potential airdropGRVT: Active · farm board+$11 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: GRVT is 0.127% dearer against Orderly than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.36660.0100pay 0.0100% / 8h7h 52m$58K$235K20x
ShortGRVT NEAR_USDT_Perp4.36970.0100get 0.0100% / 8h7h 52m$1.4M$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.070% → −0.057%
$12.74
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$2.26
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 1 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 GRVT live order book, 1 min ago2.29 bp9.1 bp −$924.5 bp −$245doesn'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−0.0433%1h4.3635−0.070%$7.2M$38.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3658−0.018%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3608−0.133%$107K$67K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3618−0.109%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.166%$578$301K12xas long as short
Phemex NEARUSDT+0.0085%8h4.3650−0.037%$3.5M$8.2M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3630−0.082%$119K$500K50xas long as short
Aster NEARUSDT+0.0100%8h4.3634−0.072%$2.7M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.3620−0.105%$220.1M$429.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3630−0.082%$61.5M$296.3M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.3690+0.055%$229K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3688+0.050%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.3631−0.080%$36.1M$61.6M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3640−0.060%$52.9M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3660−0.014%$72.2M$127.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.3578−0.202%$8.9M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.3594−0.165%$253K$893K20xas long as short
GRVT NEAR_USDT_Perpshort+0.0100%8h4.3697+0.070%$1.4M$1.6M10x
ApeX Omni NEARUSDT+0.0100%1h4.3570−0.220%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3635−0.071%$272K$4.1M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.3666long leg$58K$235K20x
SunX NEAR-USDT+0.0100%8h4.3700+0.078%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3645−0.048%$5K$50K10xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3600−0.151%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3643−0.052%$3.6M$16.1M25xas long as short
Aevo NEAR-PERP+0.0112%1h4.3640−0.060%$203K$40K3xas long as short
Binance NEARUSDT+0.0129%8h4.3637−0.066%$263.3M$1.09B75xas long as short
MEXC NEAR_USDT+0.0132%8h4.3660−0.014%$90.3M$152.9M200xas long as short
BingX NEAR-USDT+0.0138%8h4.3650−0.037%$82.9Mas long as short
Kalshi KXNEARPERP+0.0159%8h4.3667+0.002%$918K$25.1M2.2xas long as short
Hyperliquid NEAR+0.0163%1h4.3684+0.041%$352.1M$316.5M10xas long as short
BloFin NEAR-USDT+0.0252%8h4.3650−0.037%$13.4M$32.2M75xas long as short
01 Exchange NEARUSD+0.0304%1h4.3647−0.044%$13K$7K10xas long as short
Nado NEAR-PERP+0.0327%1h4.3645−0.048%$1.7M$3.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0345% / S −0.0246%1h4.3640−0.060%$255K100xas long as short
Lighter RH NEAR+0.0376%1h4.3659−0.016%$1.5M$6.4M10xas long as short
HTX NEAR-USDT+0.0430%8h4.3760+0.215%$463K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3744+0.179%$2.3M$17.1M50xas long as short
Backpack NEAR_USDC_PERP+0.0551%1h4.3690+0.055%$1.1M$7.2M20xas long as short
Lighter NEAR+0.0648%1h4.3658−0.018%$17.2M$23.8M15xas long as short
RISEx NEAR/USDC+0.0656%1h4.3632−0.077%$592K$1.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0689%1h4.3689+0.053%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.0701%1h4.3612−0.123%$411K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3754+0.202%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1102%1h4.3681+0.034%$5K$7K10xas long as short