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+0.0275%/8h= +30.1% APRnext payment +$0.34 per $10,000 · paid last 24h +0.080%
Price spread now: Extended against Reya+0.144%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 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 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Extended is 0.144% dearer against Reya 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
LongReya NEARRUSDPERP4.2659−0.0171get 0.0021% / 1h22m 52s$2K20x
ShortExtended NEAR-USD4.27200.0104get 0.0013% / 1h22m 52s$3.9M$16.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$57.72
Price spread: +0.144% → 0.000%
$14.42
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$61.13
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Extended: live order book, 1 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 Extended live order book, 1 min ago0.23 bp4.2 bp −$412.1 bp −$121doesn'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%1h4.2659long leg$2K20x
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2585−0.172%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2627−0.073%$110K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2538−0.283%$337K$18.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2695+0.086%$201K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−2.927%$578$302K12xas long as short
Variational Omni NEAR+0.0062%8h4.2470−0.442%$7.9M$18.4Mas long as short
Bybit NEARUSDT+0.0063%8h4.2730+0.167%$218.1M$422.0M75xas long as short
01 Exchange NEARUSD+0.0088%1h4.2673+0.034%$13K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2670+0.027%$109K$497K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NEAR-USD-PERP+0.0100%8h4.2621−0.087%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2760+0.237%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2638−0.048%$399K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2752+0.219%$253.1M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2740+0.191%$60.8M$285.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2640−0.044%$195K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2551−0.253%$242K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2750+0.214%$30.7M$59.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2750+0.214%$78.2M$141.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2770+0.261%$55.6M$43.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2735+0.179%$71.0M$126.0M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2750+0.214%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2470−0.441%$242K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2778+0.281%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2500−0.372%$178K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2694+0.083%$195K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2721+0.146%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2750+0.214%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2710+0.121%$12K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2730+0.167%$3.8M$8.6M50xas long as short
Extended NEAR-USDshort+0.0104%1h4.2720+0.144%$3.9M$16.1M25x
Aevo NEAR-PERP+0.0104%1h4.2699+0.095%$201K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2726+0.158%$7.4M$37.3M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2680+0.050%$13.1M$29.3M75xas long as short
Lighter RH NEAR+0.0336%1h4.2787+0.301%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0375% / S −0.0314%1h4.2701+0.100%$274K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2668+0.022%$415K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0448%1h4.2793+0.315%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2601−0.135%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0709%1h4.2645−0.031%$1.9M$3.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0710%1h4.2747+0.207%$1.9M$2.5M25xas long as short
Hyperliquid NEAR+0.0739%1h4.2800+0.332%$367.7M$298.5M10xas long as short
HTX NEAR-USDT+0.0807%8h4.2810+0.355%$460K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1146%1h4.2647−0.028%$6K$11K10xas long as short
Lighter NEAR+0.1696%1h4.2833+0.410%$16.4M$23.8M15xas long as short