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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0271%/8h= +29.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.081%
Price spread now: Polymarket Perps against Reya+0.053%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 +$8 a day on $10k at the current rate, and Polymarket Perps is 0.053% dearer against Reya than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.3487−0.0171get 0.0021% / 1h25m 21s$2K20x
ShortPolymarket Perps NEAR-USD4.35100.0100get 0.0013% / 1h25m 21s$278K$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: +0.053% → 0.000%
$5.3
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$48.18
Costs to cover
0.140%
Break-even
1.1 days
Slippage unknown: Reya: no order-book sample; Polymarket Perps: 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 Polymarket Perps live order book, 4 min ago3.10 bp7.6 bp −$89.4 bp −$94doesn'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%1h4.3487long leg$2K20x
dYdX NEAR-USD0.0000%1h4.3561+0.171%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3478−0.020%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.776%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3638+0.347%$2.4M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3500+0.030%$110K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3513+0.059%$266.7M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3462−0.057%$215.0M$427.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3450−0.085%$61.7M$291.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3412−0.172%$247K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3483−0.009%$32.2M$61.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3520+0.076%$73.3M$145.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3500+0.030%$53.9M$46.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3475−0.027%$71.5M$128.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3500+0.030%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3627+0.322%$8.4M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3622+0.310%$255K$947K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3589+0.236%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3640+0.352%$168K$797K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.3510+0.053%$278K$3.9M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.3504+0.039%$58K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3560+0.168%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3720+0.536%$474K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3500+0.030%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3556+0.160%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3507+0.045%$202K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3540+0.122%$13.5M$32.3M75xas long as short
Pacifica NEAR+0.0263%1h4.3600+0.260%$409K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0285%8h4.3552+0.150%$783K$23.3M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0326% / S −0.0203%1h4.3477−0.022%$236K100xas long as short
Aster NEARUSDT+0.0333%8h4.3520+0.076%$2.9M$5.5M50xas long as short
SoDEX NEAR-USD+0.0373%1h4.3470−0.039%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0528%1h4.3604+0.269%$13K$7K10xas long as short
Nado NEAR-PERP+0.0567%1h4.3488+0.003%$1.8M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0579%1h4.3618+0.301%$1.3M$6.7M20xas long as short
Arcus NEAR-USD+0.0627%1h4.3600+0.260%$213K$1.6M10xas long as short
Hyperliquid NEAR+0.0638%1h4.3532+0.104%$357.0M$317.8M10xas long as short
Extended NEAR-USD+0.0648%1h4.3453−0.079%$3.8M$20.0M25xas long as short
Kraken Futures PF_NEARUSD+0.0709%1h4.3479−0.018%$7.6M$39.3M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0785%1h4.3513+0.060%$1.9M$9.0M25xas long as short
Lighter RH NEAR+0.0920%1h4.3544+0.131%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3721+0.538%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1120%1h4.3559+0.165%$17.6M$25.0M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3568+0.187%$690K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1534%1h4.3550+0.145%$5K$12K10xas long as short