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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0432%/8h= +47.3% APRnext payment +$0.54 per $10,000 · paid last 24h +0.019%
Price spread now: 01 Exchange against Popdex+0.136%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and 01 Exchange is 0.136% dearer against Popdex than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex NEARUSDT4.34400.0096pay 0.0012% / 1h24m 04s$110K$501K50x
Short01 Exchange NEARUSD4.34990.0528get 0.0066% / 1h24m 04s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$90.72
Price spread: +0.136% → 0.000%
$13.58
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$90.9
Costs to cover
0.134%
Break-even
from the start
Slippage unknown: Popdex: live order book, 30 min ago; 01 Exchange: 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, 30 min ago14.94 bp21.1 bp −$2183.5 bp −$835doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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 NEARRUSDPERP−0.0171%1h4.3438−0.005%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3466+0.059%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3348−0.211%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.673%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3423−0.039%$2.3M$15.8M50xas long as short
Popdex NEARUSDTlong+0.0096%1h4.3440long leg$110K$501K50x
Binance NEARUSDT+0.0100%8h4.3423−0.039%$266.1M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3227−0.490%$213.9M$428.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3250−0.437%$61.4M$290.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3412−0.064%$247K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3383−0.131%$32.1M$61.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3450+0.023%$73.2M$145.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3400−0.092%$53.7M$46.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3247−0.444%$71.1M$128.8M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3390−0.115%$145.9Mas long as short
Variational Omni NEAR+0.0100%8h4.3627+0.430%$8.4M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3622+0.419%$255K$947K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3589+0.344%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3640+0.460%$168K$797K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3483+0.099%$279K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3383−0.131%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3570+0.299%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3520+0.184%$472K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3400−0.092%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3471+0.071%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3395−0.104%$202K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3540+0.230%$13.5M$32.3M75xas long as short
Pacifica NEAR+0.0263%1h4.3507+0.155%$408K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0285%8h4.3439−0.002%$780K$23.3M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0324% / S −0.0199%1h4.3348−0.212%$234K100xas long as short
Aster NEARUSDT+0.0333%8h4.3375−0.149%$2.8M$5.5M50xas long as short
SoDEX NEAR-USD+0.0379%1h4.3350−0.207%$6K$53K10xas long as short
01 Exchange NEARUSDshort+0.0528%1h4.3499+0.136%$13K$7K10x
Nado NEAR-PERP+0.0576%1h4.3460+0.046%$1.8M$3.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0578%1h4.3419−0.048%$1.3M$6.7M20xas long as short
Hyperliquid NEAR+0.0619%1h4.3422−0.041%$355.7M$313.6M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3490+0.115%$213K$1.6M10xas long as short
Extended NEAR-USD+0.0640%1h4.3237−0.468%$3.8M$20.0M25xas long as short
Kraken Futures PF_NEARUSD+0.0711%1h4.3356−0.194%$7.6M$39.3M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0811%1h4.3390−0.115%$1.9M$9.0M25xas long as short
Lighter RH NEAR+0.0904%1h4.3424−0.037%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3721+0.647%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1112%1h4.3453+0.030%$17.5M$25.0M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3483+0.098%$690K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1554%1h4.3501+0.141%$5K$13K10xas long as short