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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0659%/8h= +72.1% APRnext payment +$0.82 per $10,000 · paid last 24h +0.062%
Price spread now: Coinbase International against Reya+0.175%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Coinbase International is 0.175% dearer against Reya than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.3573−0.0171get 0.0021% / 1h31m 38s$2K20x
ShortCoinbase International NEAR-PERP-INTX4.36490.0488get 0.0061% / 1h31m 38s$2.3M$17.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$138.36
Price spread: +0.175% → 0.000%
$17.49
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$139.84
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago9.17 bp14.7 bp −$1519.8 bp −$198doesn'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
Kraken Futures PF_NEARUSD−0.0432%1h4.3667+0.216%$7.2M$38.7M50xas long as short
Reya NEARRUSDPERPlong−0.0171%1h4.3573long leg$2K20x
dYdX NEAR-USD0.0000%1h4.3703+0.298%$107K$65K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3639+0.152%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.964%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3610+0.085%$119K$503K50xas long as short
Aster NEARUSDT+0.0100%8h4.3740+0.384%$2.7M$4.8M50xas long as short
Binance NEARUSDT+0.0100%8h4.3764+0.438%$263.8M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3750+0.407%$220.3M$427.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3750+0.407%$61.7M$295.2M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.3750+0.407%$222K$1.5M10xas long as short
Gate NEAR_USDT+0.0100%8h4.3741+0.386%$36.6M$62.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3750+0.407%$90.5M$157.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3770+0.453%$52.5M$45.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3742+0.388%$72.2M$127.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.3708+0.310%$9.0M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.3689+0.268%$253K$895K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3640+0.155%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3730+0.361%$165K$826K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3595+0.051%$272K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3699+0.290%$56K$239K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3750+0.407%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3670+0.223%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3730+0.361%$3.5M$8.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3708+0.311%$252K$3K10xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3749+0.404%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3744+0.392%$3.6M$15.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3694+0.278%$203K$40K3xas long as short
BingX NEAR-USDC+0.0112%8h4.3730+0.361%$6.7Mas long as short
Kalshi KXNEARPERP+0.0142%8h4.3673+0.230%$865K$25.4M2.2xas long as short
BloFin NEAR-USDT+0.0221%8h4.3610+0.085%$12.6M$32.3M75xas long as short
Hyperliquid NEAR+0.0240%1h4.3782+0.480%$353.8M$316.3M10xas long as short
Nado NEAR-PERP+0.0270%1h4.3595+0.051%$1.7M$3.1M10xas long as short
01 Exchange NEARUSD+0.0320%1h4.3657+0.193%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0352% / S −0.0256%1h4.3628+0.127%$256K100xas long as short
HTX NEAR-USDT+0.0402%8h4.3820+0.567%$463K$3.7M75xas long as short
Lighter NEAR+0.0432%1h4.3798+0.516%$17.3M$23.9M15xas long as short
Lighter RH NEAR+0.0472%1h4.3809+0.542%$1.5M$6.4M10xas long as short
Coinbase International NEAR-PERP-INTXshort+0.0488%1h4.3649+0.175%$2.3M$17.1M50x
Backpack NEAR_USDC_PERP+0.0515%1h4.3782+0.480%$1.1M$7.1M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.3644+0.164%$590K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.3750+0.407%$412K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3734+0.370%$1.8M$2.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0941%1h4.3720+0.338%$1.9M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1067%1h4.3695+0.280%$5K$7K10xas long as short