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−0.0267%/8h= −29.2% APRnext payment $0.33 per $10,000 · paid last 24h −0.080%
Price spread now: Reya against Popdex−0.272%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Reya is 0.272% cheaper against Popdex than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex NEARUSDT4.27800.0096pay 0.0012% / 1h26m 24s$114K$480K50x
ShortReya NEARRUSDPERP4.2664−0.0171pay 0.0021% / 1h26m 24s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$56.04
Price spread: −0.272% → 0.000%
−$27.18
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Reya: 3 bp × 2 orders
−$6
Net
−$95.61
Costs to cover
0.124%
Break-even
never at this rate
Slippage unknown: Popdex: live order book, 48 min ago; Reya: no order-book sample. Net counts fees only.

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, 48 min ago1.17 bp6.5 bp −$780.1 bp −$801doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 NEARRUSDPERPshort−0.0171%1h4.2664−0.272%$2K20x
Kraken Futures PF_NEARUSD−0.0132%1h4.2773−0.015%$7.2M$37.3M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2797+0.040%$2.2M$12.9M50xas long as short
01 Exchange NEARUSD−0.0016%1h4.2814+0.079%$13K$7K10xas long as short
Variational Omni NEAR−0.0004%8h4.2668−0.262%$7.9M$18.8Mas long as short
dYdX NEAR-USD0.0000%1h4.2763−0.039%$111K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2829+0.115%$401K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2695−0.198%$203K150xas long as short
Bybit NEARUSDT+0.0022%8h4.2680−0.234%$215.8M$415.7M75xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.202%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0068%8h4.2685−0.222%$30.7M$59.5M75xas long as short
Popdex NEARUSDTlong+0.0096%1h4.2780long leg$114K$480K50x
Orderly PERP_NEAR_USDC+0.0098%8h4.2698−0.192%$57K$191K20xas long as short
Paradex NEAR-USD-PERP+0.0099%8h4.2767−0.031%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.2827+0.110%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2768−0.029%$395K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2710−0.164%$252.8M$1.06B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2670−0.257%$60.0M$277.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2810+0.070%$196K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2789+0.022%$244K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.2700−0.187%$76.5M$140.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2720−0.140%$56.2M$42.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2679−0.236%$70.7M$124.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2690−0.210%$141.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.2763−0.040%$255K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2603−0.414%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2810+0.070%$179K$782K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2752−0.065%$205K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2830+0.117%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.27800.000%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2890+0.257%$457K$3.6M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2750−0.070%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.2756−0.057%$3.8M$16.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2690−0.210%$199K$28K3xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0124%1h4.2786+0.014%$1.9M$3.4M25xas long as short
Hyperliquid NEAR+0.0147%1h4.2789+0.021%$358.9M$305.1M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2770−0.023%$12.9M$28.1M75xas long as short
Lighter RH NEAR+0.0368%1h4.2836+0.131%$1.6M$6.9M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0306%1h4.2695−0.199%$272K100xas long as short
Backpack NEAR_USDC_PERP+0.0416%1h4.2801+0.049%$1.3M$5.9M20xas long as short
RISEx NEAR/USDC+0.0428%1h4.2826+0.107%$406K$1.2M10xas long as short
Nado NEAR-PERP+0.0476%1h4.2724−0.130%$1.9M$3.2M10xas long as short
Phoenix NEAR+0.0499%1h4.2669−0.259%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1312%1h4.2729−0.120%$5K$12K10xas long as short
Lighter NEAR+0.1888%1h4.2861+0.190%$17.1M$24.3M15xas long as short