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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Extended against Polymarket Perps−0.275%49s7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$190.186% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 7 days+0.282%+$28 · spread now −0.275%, 7d avg −0.075%
Together, before fees+0.291%+ Points / potential airdropExtended: Active · farm board+$29 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: Extended is 0.199% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.075%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NEAR-USD4.13160.0100pay 0.0013% / 1h22m 30s$200K$3.1M10x
ShortExtended NEAR-USD4.12030.0104get 0.0013% / 1h22m 30s$3.7M$14.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Polymarket Perps. 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: −0.275% → −0.075%
−$19.93
Slippage, 4 orders
−$5.62
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$37.71
Costs to cover
0.186%
Break-even
321.3 days
Slippage from Polymarket Perps: live order book, 6 min ago; Extended: live order book, 7 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 Polymarket Perps live order book, 6 min ago0.24 bp4.5 bp −$44.9 bp −$49doesn't fitdoesn't fit
Sell Extended live order book, 7 min ago0.36 bp5.6 bp −$615.6 bp −$156doesn'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%1h4.1284−0.077%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0024%1h4.1282−0.082%$2.1M$12.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.1213−0.248%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1277−0.094%$411K$19.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1305−0.027%$204K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410+0.228%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.1220−0.232%$108K$489K50xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1332+0.039%$53K$159K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1222−0.229%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1244−0.174%$2.9M$5.9M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.1230−0.209%$365K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1215−0.245%$234.7M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1185−0.317%$209.5M$428.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1190−0.305%$56.3M$275.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1550+0.566%$237K$6K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1216−0.242%$29.4M$58.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1220−0.232%$80.9M$144.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1230−0.208%$55.7M$45.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1211−0.254%$68.6M$127.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1200−0.281%$136.5Mas long as short
Variational Omni NEAR+0.0100%8h4.1444+0.309%$7.7M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1419+0.248%$236K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1420+0.252%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1420+0.252%$182K$790K50xas long as short
Polymarket Perps NEAR-USDlong+0.0100%1h4.1316long leg$200K$3.1M10x
SunX NEAR-USDT+0.0100%8h4.1350+0.082%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1295−0.051%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1270−0.111%$3.8M$8.4M50xas long as short
Extended NEAR-USDshort+0.0104%1h4.1203−0.275%$3.7M$14.7M25x
Aevo NEAR-PERP+0.0104%1h4.1318+0.005%$200K$65K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1250−0.160%$306K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0150%1h4.1306−0.025%$7.0M$36.6M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0161%1h4.1359+0.104%$1.8M$2.1M25xas long as short
01 Exchange NEARUSD+0.0208%1h4.1238−0.189%$12K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1330+0.034%$12.2M$33.7M75xas long as short
Lighter RH NEAR+0.0296%1h4.1268−0.116%$1.4M$7.2M10xas long as short
Nado NEAR-PERP+0.0361%1h4.1207−0.263%$1.8M$3.6M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0317%1h4.1304−0.030%$272K100xas long as short
RISEx NEAR/USDC+0.0569%1h4.1246−0.168%$411K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1398+0.198%$1.7M$2.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0776%1h4.1278−0.092%$1.4M$5.7M20xas long as short
Lighter NEAR+0.0840%1h4.1286−0.073%$15.2M$23.0M15xas long as short
Hyperliquid NEAR+0.0982%1h4.1283−0.080%$346.5M$299.4M10xas long as short
Aftermath Perps NEARUSD+0.0991%1h4.1416+0.242%$5K$11K10xas long as short
HTX NEAR-USDT+0.1104%8h4.1320+0.010%$444K$3.7M75xas long as short