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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: ApeX Omni against Pacifica+0.967%51s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$580.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 3 days (all we have)−0.782%−$78 · spread now +0.967%, 7d avg +0.040%
Together, before fees−0.814%+ Points / potential airdropPacifica: Active · farm board−$81 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 0.927% dearer against Pacifica than usual: you sell high and buy low, +$93 on $10k if it goes back to its 7-day average of +0.040%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.29350.0100pay 0.0013% / 1h50m 19s$403K$1.2M10x
ShortApeX Omni NEARUSDT4.33500.0100get 0.0013% / 1h50m 19s$181K$789K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
Price spread: +0.967% → +0.040%
$92.7
Slippage, 4 orders
−$40.29
Fee Pacifica: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$34.41
Costs to cover
0.583%
Break-even
from the start
Slippage from Pacifica: live order book, 4 min ago; ApeX Omni: live order book, 29 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, 4 min ago2.42 bp9.6 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 29 min ago8.29 bp16.1 bp −$1693.2 bp −$932doesn'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%1h4.2784−0.352%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2907−0.065%$2.2M$13.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.2884−0.118%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3046+0.259%$392K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2842−0.216%$204K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.552%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2800−0.314%$108K$497K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2933−0.005%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2844−0.212%$3.0M$5.5M50xas long as short
Pacifica NEARlong+0.0100%1h4.2935long leg$403K$1.2M10x
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.2853−0.191%$252.8M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2790−0.338%$220.2M$421.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2820−0.268%$61.0M$286.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2830−0.245%$197K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000+0.151%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2844−0.212%$30.3M$58.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2840−0.221%$79.8M$139.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2850−0.198%$56.2M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2837−0.228%$71.3M$126.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2820−0.268%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3020+0.197%$8.0M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3254+0.743%$270K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3290+0.827%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.3350+0.967%$181K$789K50x
Polymarket Perps NEAR-USD+0.0100%1h4.2822−0.263%$201K$3.3M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2838−0.226%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2890−0.105%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2850−0.198%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3010+0.175%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2816−0.276%$4.0M$15.8M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2800−0.314%$206K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2862−0.171%$7.5M$36.8M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2960+0.058%$13.0M$30.8M75xas long as short
01 Exchange NEARUSD+0.0232%1h4.2822−0.263%$13K$7K10xas long as short
Lighter RH NEAR+0.0312%1h4.3077+0.331%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0390% / S −0.0343%1h4.2850−0.198%$291K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2830−0.244%$413K$1.2M10xas long as short
Phoenix NEAR+0.0463%1h4.3418+1.125%$1.8M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0474%1h4.2870−0.151%$1.9M$2.3M25xas long as short
Backpack NEAR_USDC_PERP+0.0512%1h4.3016+0.189%$1.3M$5.6M20xas long as short
Nado NEAR-PERP+0.0865%1h4.2782−0.357%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0895%8h4.3200+0.617%$460K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1164%1h4.3105+0.396%$5K$11K10xas long as short
Hyperliquid NEAR+0.1276%1h4.2889−0.107%$369.9M$297.6M10xas long as short
Lighter NEAR+0.2128%1h4.3014+0.185%$16.5M$23.6M15xas long as short