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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0271%/8h= +29.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.081%
Price spread now: ApeX Omni against Reya−0.133%63s7-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
Funding pays, the price is against you. ApeX Omni is 0.133% cheaper against Reya than usual: you would sell low and buy high (spread −0.133% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 39 hours of funding at the current rate (+$8 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.2747−0.0171get 0.0021% / 1h18m 02s$2K20x
ShortApeX Omni NEARUSDT4.26900.0100get 0.0013% / 1h18m 02s$178K$791K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
$56.88
Price spread: −0.133% → 0.000%
−$13.29
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$27.59
Costs to cover
0.160%
Break-even
3.6 days
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 61 min ago. 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 Reya no order-book sample
Sell ApeX Omni live order book, 61 min ago8.29 bp16.1 bp −$1693.2 bp −$932doesn't fitdoesn't fit
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 NEARRUSDPERPlong−0.0171%1h4.2747long leg$2K20x
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2766+0.045%$2.2M$13.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.2724−0.053%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2739−0.018%$350K$18.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2772+0.060%$202K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.127%$578$302K12xas long as short
Bybit NEARUSDT+0.0052%8h4.2750+0.007%$218.0M$422.4M75xas long as short
Variational Omni NEAR+0.0056%8h4.2869+0.286%$7.9M$18.5Mas long as short
01 Exchange NEARUSD+0.0080%1h4.2782+0.082%$13K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2770+0.054%$109K$495K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0100%8h4.2787+0.094%$57K$194K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2761+0.033%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2833+0.202%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2755+0.019%$400K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2790+0.101%$253.0M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2760+0.031%$60.8M$286.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2790+0.101%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2950+0.475%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2754+0.017%$30.7M$60.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2770+0.054%$77.9M$142.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2790+0.101%$55.8M$43.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2773+0.061%$71.0M$126.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2760+0.031%$140.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.2658−0.208%$243K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2722−0.058%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.2690−0.133%$178K$791K50x
Polymarket Perps NEAR-USD+0.0100%1h4.2784+0.087%$202K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2810+0.148%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2769+0.052%$4K$54K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2780+0.078%$3.8M$8.6M50xas long as short
Extended NEAR-USD+0.0104%1h4.2753+0.015%$3.9M$16.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2765+0.043%$202K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2804+0.134%$7.6M$37.6M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2810+0.148%$13.0M$29.4M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0241%1h4.2802+0.129%$1.9M$2.5M25xas long as short
Lighter RH NEAR+0.0320%1h4.2838+0.213%$1.5M$7.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0314%1h4.2771+0.057%$274K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2791+0.104%$417K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0455%1h4.2823+0.178%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2939+0.450%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0677%1h4.2736−0.024%$1.9M$3.4M10xas long as short
Hyperliquid NEAR+0.0710%1h4.2830+0.195%$366.7M$299.7M10xas long as short
HTX NEAR-USDT+0.0791%8h4.2870+0.288%$458K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1152%1h4.2827+0.188%$5K$12K10xas long as short
Lighter NEAR+0.1656%1h4.2874+0.297%$16.5M$23.9M15xas long as short