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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0220%/8h= +24.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.152%
Price spread now: Kraken Futures against Reya+0.156%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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.156% dearer against Reya than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.1556−0.0171get 0.0021% / 1h45m 11s$2K20x
ShortKraken Futures PF_NEARUSD4.16210.0049get 0.0006% / 1h45m 11s$7.5M$36.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$46.1
Price spread: +0.156% → 0.000%
$15.64
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$45.74
Costs to cover
0.160%
Break-even
0.1 days
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago8.18 bp14.1 bp −$1416.0 bp −$16053.5 bp −$5,353doesn'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%1h4.1556long leg$2K20x
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1590+0.081%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.352%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1585+0.070%$107K$56K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1607+0.122%$440K$18.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1598+0.100%$206K150xas long as short
Kraken Futures PF_NEARUSDshort+0.0049%1h4.1621+0.156%$7.5M$36.8M50x
01 Exchange NEARUSD+0.0064%1h4.1577+0.050%$12K$7K10xas long as short
Lighter NEAR+0.0096%1h4.1655+0.237%$15.3M$22.5M15xas long as short
Lighter RH NEAR+0.0096%1h4.1641+0.204%$1.4M$6.9M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.1570+0.033%$111K$483K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.1600+0.105%$54K$156K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1575+0.045%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1649+0.222%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1611+0.133%$350K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1610+0.129%$238.1M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1600+0.105%$212.1M$422.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1590+0.081%$57.0M$275.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1580+0.057%$308K$1.6M10xas long as short
Gate NEAR_USDT+0.0100%8h4.1595+0.093%$29.7M$56.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1610+0.129%$81.9M$141.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1620+0.153%$55.0M$44.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1595+0.093%$69.1M$125.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1590+0.081%$136.8Mas long as short
Variational Omni NEAR+0.0100%8h4.1461−0.229%$7.7M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1534−0.053%$237K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1516−0.098%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1500−0.136%$182K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1604+0.115%$198K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1620+0.153%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1590+0.081%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1580+0.057%$3.8M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1450−0.256%$236K$4K10xas long as short
Extended NEAR-USD+0.0104%1h4.1580+0.056%$3.8M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1595+0.093%$200K$62K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.1600+0.105%$12.2M$33.4M75xas long as short
Hyperliquid NEAR+0.0317%1h4.1651+0.228%$350.0M$298.4M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1592+0.085%$412K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0380% / S −0.0327%1h4.1600+0.106%$280K100xas long as short
Backpack NEAR_USDC_PERP+0.0459%1h4.1643+0.209%$1.2M$5.7M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0495%1h4.1639+0.199%$1.8M$2.1M25xas long as short
Nado NEAR-PERP+0.0514%1h4.1557+0.002%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1614+0.139%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.0904%1h4.1502−0.130%$5K$11K10xas long as short
HTX NEAR-USDT+0.1007%8h4.1730+0.418%$447K$3.6M75xas long as short