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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0875%/8h= +95.8% APRnext payment +$1.09 per $10,000 · paid last 24h +0.261%
Price spread now: Hyperliquid against Reya+0.117%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 · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Hyperliquid is 0.117% dearer against Reya than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.2954−0.0171get 0.0021% / 1h37m 09s$2K20x
ShortHyperliquid NEAR4.30040.0704get 0.0088% / 1h37m 09s$351.2M$309.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$183.66
Price spread: +0.117% → 0.000%
$11.72
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$180.38
Costs to cover
0.150%
Break-even
0.1 days
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 7 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 Hyperliquid live order book, 7 min ago0.58 bp7.4 bp −$7doesn't fitdoesn'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%1h4.2954long leg$2K20x
dYdX NEAR-USD0.0000%1h4.2898−0.129%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2950−0.008%$161K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.594%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2960+0.015%$112K$500K50xas long as short
Binance NEARUSDT+0.0100%8h4.3006+0.121%$262.8M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2954+0.001%$213.7M$420.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2980+0.061%$60.5M$285.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2850−0.241%$244K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2955+0.003%$32.3M$59.8M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.3000+0.108%$72.4M$143.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2980+0.061%$53.0M$45.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2964+0.024%$71.0M$127.3M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2970+0.038%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.2808−0.338%$8.2M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.2857−0.226%$250K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2845−0.253%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2977+0.054%$263K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2995+0.096%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3040+0.201%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3080+0.294%$463K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2980+0.061%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.2936−0.041%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.2995+0.096%$200K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2990+0.085%$13.3M$31.7M75xas long as short
ApeX Omni NEARUSDT+0.0228%1h4.2890−0.148%$165K$794K50xas long as short
Kalshi KXNEARPERP+0.0247%8h4.2970+0.038%$858K$24.5M2.2xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3000+0.108%$2.3M$15.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0305% / S −0.0198%1h4.2946−0.018%$232K100xas long as short
Aster NEARUSDT+0.0335%8h4.2970+0.038%$2.8M$5.4M50xas long as short
Nado NEAR-PERP+0.0352%1h4.2970+0.038%$1.7M$3.2M10xas long as short
Extended NEAR-USD+0.0528%1h4.2978+0.057%$3.7M$19.8M25xas long as short
SoDEX NEAR-USD+0.0602%1h4.2985+0.073%$6K$53K10xas long as short
Backpack NEAR_USDC_PERP+0.0645%1h4.3009+0.129%$1.3M$6.7M20xas long as short
Hyperliquid NEARshort+0.0704%1h4.3004+0.117%$351.2M$309.7M10x
Kraken Futures PF_NEARUSD+0.0736%1h4.2976+0.051%$7.6M$38.5M50xas long as short
01 Exchange NEARUSD+0.0744%1h4.3035+0.189%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.3020+0.154%$216K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.2960+0.016%$394K$1.3M10xas long as short
Lighter NEAR+0.0904%1h4.3027+0.171%$16.8M$25.1M15xas long as short
Phoenix NEAR+0.1033%1h4.2945−0.020%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1096%1h4.3017+0.147%$1.5M$7.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1124%1h4.3013+0.138%$2.0M$11.0M25xas long as short
RISEx NEAR/USDC+0.1220%1h4.3013+0.138%$694K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1409%1h4.2858−0.223%$5K$12K10xas long as short