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% APRpaid last 24h +0.001%
Price spread now: OKX against Popdex−0.233%53s7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.330% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.233%, 7d avg −0.055%
Together, before fees+0.136%+$14 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: OKX is 0.178% cheaper against Popdex than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.055%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex NEARUSDT4.28900.0096pay 0.0012% / 1h28m 44s$114K$482K50x
ShortOKX NEAR-USDT-SWAP4.27900.0100get 0.0100% / 8h7h 28m$60.1M$278.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Popdex. 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: −0.233% → −0.055%
−$17.78
Slippage, 4 orders
−$16.58
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$49.92
Costs to cover
0.330%
Break-even
423.0 days
Slippage from Popdex: live order book, 45 min ago; OKX: live order book, 5 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 Popdex live order book, 45 min ago1.17 bp6.5 bp −$780.1 bp −$801doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.18 bp8.0 bp −$821.4 bp −$21450.2 bp −$5,018doesn'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%1h4.2780−0.257%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0132%1h4.2728−0.379%$7.2M$37.4M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2777−0.263%$2.2M$12.9M50xas long as short
01 Exchange NEARUSD−0.0024%1h4.2901+0.026%$13K$7K10xas long as short
Bybit NEARUSDT−0.0021%8h4.2796−0.219%$216.2M$415.6M75xas long as short
Variational Omni NEAR−0.0005%8h4.2608−0.657%$8.0M$18.7Mas long as short
dYdX NEAR-USD0.0000%1h4.2776−0.265%$111K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2838−0.121%$416K$18.5M2.2xas long as short
Gate NEAR_USDT+0.0003%8h4.2772−0.275%$30.7M$59.5M75xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2751−0.323%$203K150xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.451%$578$302K12xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0054%1h4.2712−0.415%$1.9M$3.4M25xas long as short
Popdex NEARUSDTlong+0.0096%1h4.2890long leg$114K$482K50x
Orderly PERP_NEAR_USDC+0.0098%8h4.2700−0.443%$57K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0099%8h4.2793−0.225%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.2798−0.215%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2800−0.211%$395K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2790−0.233%$253.3M$1.06B75xas long as short
OKX NEAR-USDT-SWAPshort+0.0100%8h4.2790−0.233%$60.1M$278.0M50x
Arcus NEAR-USD+0.0100%1h4.2810−0.187%$196K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2709−0.421%$243K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.2780−0.256%$76.8M$140.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2820−0.163%$56.2M$42.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2794−0.224%$70.9M$124.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2790−0.233%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2606−0.662%$254K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2603−0.669%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2320−1.329%$177K$788K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2835−0.128%$206K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2860−0.070%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2700−0.443%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2990+0.233%$461K$3.6M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2720−0.396%$3.8M$8.6M50xas long as short
Extended NEAR-USD+0.0104%1h4.2788−0.237%$3.8M$16.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2685−0.478%$199K$28K3xas long as short
Hyperliquid NEAR+0.0157%1h4.2821−0.160%$359.1M$304.9M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2730−0.373%$13.0M$28.1M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0306%1h4.2745−0.337%$272K100xas long as short
Lighter RH NEAR+0.0376%1h4.2837−0.124%$1.6M$6.9M10xas long as short
Backpack NEAR_USDC_PERP+0.0409%1h4.2813−0.180%$1.3M$5.8M20xas long as short
RISEx NEAR/USDC+0.0428%1h4.2921+0.073%$407K$1.2M10xas long as short
Nado NEAR-PERP+0.0459%1h4.2812−0.182%$1.9M$3.2M10xas long as short
Phoenix NEAR+0.0499%1h4.2669−0.515%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1313%1h4.2608−0.657%$5K$12K10xas long as short
Lighter NEAR+0.1904%1h4.2870−0.046%$17.1M$24.3M15xas long as short