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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Aevo against Pacifica+0.036%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1631.626% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.036%, 7d avg −0.026%
Together, before fees+0.032%+ Points / potential airdropPacifica: Active · farm board+$3 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: Aevo is 0.063% dearer against Pacifica than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.44690.0100pay 0.0013% / 1h47m 42s$425K$1.2M10x
ShortAevo NEAR-PERP4.44850.0104get 0.0013% / 1h47m 42s$207K$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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
$0.84
Price spread: +0.036% → −0.026%
$6.26
Slippage, 4 orders
−$138.56
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$155.46
Costs to cover
1.626%
Break-even
1302.5 days
Slippage from Pacifica: live order book, 1 min ago; Aevo: live order book, 11 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 Pacifica live order book, 1 min ago4.26 bp8.9 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Aevo live order book, 11 min ago58.10 bp70.9 bp −$71doesn't fitdoesn'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%1h4.4520+0.116%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4456−0.029%$2.2M$15.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.4452−0.037%$110K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4550+0.183%$621K$22.1M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4519+0.112%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.879%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4620+0.340%$118K$515K50xas long as short
Pacifica NEARlong+0.0100%1h4.4469long leg$425K$1.2M10x
Binance NEARUSDT+0.0100%8h4.4497+0.064%$272.8M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4450−0.042%$222.6M$424.5M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4440−0.065%$63.6M$302.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5100+1.419%$257K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4501+0.072%$32.1M$62.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4530+0.138%$75.8M$147.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4540+0.160%$55.3M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4438−0.069%$73.1M$130.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4440−0.065%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.4797+0.738%$8.7M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4912+0.997%$269K$977K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4926+1.027%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4870+0.902%$172K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4612+0.322%$240K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4506+0.084%$57K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4550+0.183%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4477+0.018%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4570+0.228%$464K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4480+0.025%$3.8M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4587+0.266%$32K$60810xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.4485+0.036%$207K$40K3x
Extended NEAR-USD+0.0208%1h4.4475+0.014%$4.0M$19.6M25xas long as short
Backpack NEAR_USDC_PERP+0.0217%1h4.4508+0.088%$1.4M$6.6M20xas long as short
BloFin NEAR-USDT+0.0220%8h4.4660+0.430%$14.2M$33.5M75xas long as short
Hyperliquid NEAR+0.0237%1h4.4479+0.023%$368.5M$325.5M10xas long as short
01 Exchange NEARUSD+0.0264%1h4.4638+0.380%$13K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0267%1h4.4499+0.068%$2.0M$6.6M25xas long as short
Aster NEARUSDT+0.0302%8h4.4518+0.110%$3.1M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0338% / S −0.0216%1h4.4528+0.134%$249K100xas long as short
Lighter RH NEAR+0.0472%1h4.4518+0.111%$1.6M$7.1M10xas long as short
Nado NEAR-PERP+0.0512%1h4.4557+0.198%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4670+0.452%$221K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0584%1h4.4474+0.011%$8.2M$40.2M50xas long as short
Lighter NEAR+0.0712%1h4.4533+0.144%$17.9M$26.2M15xas long as short
Phoenix NEAR+0.0794%1h4.4822+0.794%$1.9M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.4662+0.434%$564K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1574%1h4.4772+0.682%$6K$12K10xas long as short