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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Popdex against Pacifica−0.050%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.394% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.010%−$1 on $10k
Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.050%, 7d avg −0.014%
Together, before fees+0.125%+ Points / potential airdropPacifica: Active · farm board+$13 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: Popdex is 0.036% cheaper against Pacifica than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.31820.0100pay 0.0013% / 1h10m 31s$399K$1.2M10x
ShortPopdex NEARUSDT4.31600.0096get 0.0012% / 1h10m 31s$115K$479K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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: −0.050% → −0.014%
−$3.58
Slippage, 4 orders
−$25.01
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$43.83
Costs to cover
0.394%
Break-even
never at this rate
Slippage from Pacifica: live order book, 3 min ago; Popdex: live order book, 63 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, 3 min ago0.12 bp7.3 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Popdex live order book, 63 min ago1.17 bp9.1 bp −$957.1 bp −$571doesn'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
Phemex NEARUSDT−0.0239%8h4.3180−0.003%$3.8M$8.4M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3137−0.103%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0130%1h4.3198+0.039%$7.9M$38.1M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3396+0.497%$2.3M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.3164−0.041%$112K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3275+0.217%$346K$19.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3232+0.117%$204K150xas long as short
Variational Omni NEAR+0.0010%8h4.3248+0.154%$8.2M$18.9Mas long as short
01 Exchange NEARUSD+0.0024%1h4.3185+0.008%$13K$7K10xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.102%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NEAR_USDC-PERPETUAL+0.0051%1h4.3214+0.075%$1.9M$3.8M25xas long as short
Popdex NEARUSDTshort+0.0096%1h4.3160−0.050%$115K$479K50x
Orderly PERP_NEAR_USDC+0.0098%8h4.3203+0.050%$57K$177K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3164−0.040%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.3230+0.112%$3.0M$5.8M50xas long as short
Pacifica NEARlong+0.0100%1h4.3182long leg$399K$1.2M10x
Binance NEARUSDT+0.0100%8h4.3157−0.056%$257.6M$1.05B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3140−0.096%$218.5M$414.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3140−0.096%$60.9M$278.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3180−0.003%$205K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3083−0.227%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3138−0.101%$31.0M$60.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3120−0.142%$75.6M$141.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3170−0.027%$56.1M$42.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3157−0.057%$71.9M$122.3M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3130−0.119%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3290+0.251%$258K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3459+0.643%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3330+0.344%$181K$780K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3177−0.010%$198K$3.4M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3280+0.228%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3185+0.008%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3350+0.390%$457K$3.7M75xas long as short
Extended NEAR-USD+0.0104%1h4.3111−0.163%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3180−0.004%$201K$31K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3230+0.112%$12.9M$27.7M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0307%1h4.3245+0.147%$277K100xas long as short
Hyperliquid NEAR+0.0380%1h4.3240+0.135%$367.0M$306.8M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3174−0.017%$402K$1.2M10xas long as short
Nado NEAR-PERP+0.0429%1h4.3138−0.101%$1.9M$3.1M10xas long as short
Lighter RH NEAR+0.0472%1h4.3228+0.108%$1.6M$7.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0485%1h4.3193+0.027%$1.3M$5.9M20xas long as short
Phoenix NEAR+0.0499%1h4.3638+1.057%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1503%1h4.3323+0.327%$5K$12K10xas long as short
Lighter NEAR+0.1792%1h4.3256+0.173%$17.3M$24.7M15xas long as short