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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0373%/8h= +40.9% APRnext payment +$0.47 per $10,000 · paid last 24h +0.144%
Price spread now: RISEx against Pacifica+0.154%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.405%+$40 on $10k
Price spread, last 7 days−0.083%−$8 · spread now +0.154%, 7d avg +0.019%
Together, before fees+0.321%+ Points / potential airdropPacifica: Active · farm board+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and RISEx is 0.135% dearer against Pacifica than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.28550.0847pay 0.0106% / 1h50m 36s$393K$1.3M10x
ShortRISEx NEAR/USDC4.29210.1220get 0.0153% / 1h50m 36s$679K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$78.41
Price spread: +0.154% → +0.019%
$13.5
Slippage, 4 orders
−$15.74
Fee Pacifica: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$62.17
Costs to cover
0.297%
Break-even
1.4 days
Slippage from Pacifica: live order book, 3 min ago; RISEx: live order book, 3 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 ago2.80 bp8.0 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell RISEx live order book, 3 min ago1.15 bp4.1 bp −$49.7 bp −$97doesn'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%1h4.2831−0.056%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2827−0.064%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2827−0.064%$160K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.371%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2890+0.082%$111K$500K50xas long as short
Binance NEARUSDT+0.0100%8h4.2930+0.175%$261.8M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2880+0.059%$212.8M$424.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2880+0.059%$60.4M$285.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2835−0.045%$244K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2852−0.007%$32.0M$59.5M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.2900+0.105%$70.7M$142.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2860+0.012%$53.0M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2869+0.033%$70.9M$127.8M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2880+0.059%$144.7Mas long as short
Variational Omni NEAR+0.0100%8h4.2828−0.064%$8.2M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.2783−0.167%$250K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2800−0.128%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2854−0.002%$273K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2893+0.089%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2970+0.269%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.2860+0.012%$459K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2920+0.152%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.2858+0.007%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.2924+0.161%$200K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2950+0.222%$13.4M$31.7M75xas long as short
Nado NEAR-PERP+0.0248%1h4.2789−0.154%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.2840−0.035%$2.3M$15.8M50xas long as short
Kalshi KXNEARPERP+0.0270%8h4.2852−0.007%$831K$24.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0195%1h4.2840−0.035%$229K100xas long as short
Aster NEARUSDT+0.0336%8h4.2910+0.129%$2.8M$5.5M50xas long as short
ApeX Omni NEARUSDT+0.0365%1h4.2740−0.268%$164K$793K50xas long as short
Extended NEAR-USD+0.0504%1h4.2862+0.017%$3.7M$19.9M25xas long as short
SoDEX NEAR-USD+0.0638%1h4.2885+0.070%$6K$53K10xas long as short
Hyperliquid NEAR+0.0658%1h4.2864+0.021%$350.0M$311.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0676%1h4.2908+0.124%$1.3M$6.8M20xas long as short
01 Exchange NEARUSD+0.0696%1h4.2968+0.264%$13K$7K10xas long as short
Kraken Futures PF_NEARUSD+0.0737%1h4.2885+0.070%$7.6M$38.8M50xas long as short
Lighter NEAR+0.0752%1h4.2877+0.053%$16.8M$25.0M15xas long as short
Arcus NEAR-USD+0.0814%1h4.2940+0.199%$211K$1.6M10xas long as short
Pacifica NEARlong+0.0847%1h4.2855long leg$393K$1.3M10x
Lighter RH NEAR+0.0928%1h4.2880+0.059%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.1033%1h4.2873+0.042%$1.8M$2.5M10xas long as short
RISEx NEAR/USDCshort+0.1220%1h4.2921+0.154%$679K$1.3M10x
Deribit NEAR_USDC-PERPETUAL+0.1337%1h4.2918+0.147%$1.9M$10.6M25xas long as short
Aftermath Perps NEARUSD+0.1463%1h4.2876+0.050%$5K$12K10xas long as short