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−0.1058%/8h= −115.9% APRnext payment $1.32 per $10,000 · paid last 24h −0.145%
Price spread now: Aevo against RISEx+0.122%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1991.988% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.406%−$41 on $10k
Price spread, last 4 days (all we have)+0.119%+$12 · spread now +0.122%, 7d avg −0.036%
Together, before fees−0.287%−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aevo is 0.158% dearer against RISEx than usual: you sell high and buy low (spread +0.122% now, against its 7-day average of −0.036%): +$16 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 4 days (−0.406% in total) that is about 34 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.32830.1162pay 0.0145% / 1h22m 19s$687K$1.3M10x
ShortAevo NEAR-PERP4.33360.0104get 0.0013% / 1h22m 19s$201K$37K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against RISEx. 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
−$222.23
Price spread: +0.122% → −0.036%
$15.8
Slippage, 4 orders
−$176.79
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$405.22
Costs to cover
1.988%
Break-even
never at this rate
Slippage from RISEx: live order book, 1 min ago; Aevo: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 1 min ago3.24 bp6.2 bp −$614.5 bp −$145doesn't fitdoesn't fit
Sell Aevo live order book, 32 min ago85.15 bp93.2 bp −$93doesn't fitdoesn't fitdoesn't fit

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 NEARRUSDPERP−0.0171%1h4.3274−0.021%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3189−0.217%$106K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3300+0.039%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.327%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3288+0.012%$2.3M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3210−0.169%$109K$505K50xas long as short
Binance NEARUSDT+0.0100%8h4.3332+0.112%$265.5M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3324+0.095%$214.5M$428.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3320+0.085%$61.2M$291.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3250−0.076%$246K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3266−0.039%$31.9M$61.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3330+0.109%$73.7M$145.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3230−0.122%$53.6M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3316+0.076%$71.4M$128.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3280−0.007%$145.8Mas long as short
Variational Omni NEAR+0.0100%8h4.3627+0.795%$8.4M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3622+0.783%$255K$947K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3500+0.502%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3640+0.825%$168K$797K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3298+0.035%$276K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3349+0.152%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3350+0.155%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3350+0.155%$470K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3240−0.099%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3249−0.078%$31K$60810xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.3336+0.122%$201K$37K3x
BloFin NEAR-USDT+0.0220%8h4.3260−0.053%$13.4M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3221−0.143%$406K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0276%8h4.3318+0.081%$867K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3269−0.033%$233K100xas long as short
Aster NEARUSDT+0.0331%8h4.3321+0.087%$2.8M$5.5M50xas long as short
SoDEX NEAR-USD+0.0372%1h4.3245−0.088%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3250−0.076%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0572%1h4.3210−0.169%$1.3M$6.7M20xas long as short
Nado NEAR-PERP+0.0591%1h4.3269−0.032%$1.8M$3.1M10xas long as short
Hyperliquid NEAR+0.0602%1h4.3314+0.072%$354.7M$313.7M10xas long as short
Extended NEAR-USD+0.0624%1h4.3233−0.115%$3.8M$20.0M25xas long as short
Arcus NEAR-USD+0.0627%1h4.3300+0.039%$213K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0713%1h4.3228−0.128%$7.6M$39.4M50xas long as short
Lighter RH NEAR+0.0896%1h4.32830.000%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3721+1.012%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1104%1h4.3261−0.050%$17.4M$25.0M15xas long as short
RISEx NEAR/USDClong+0.1162%1h4.3283long leg$687K$1.3M10x
Deribit NEAR_USDC-PERPETUAL+0.1508%1h4.3305+0.051%$1.9M$9.1M25xas long as short
Aftermath Perps NEARUSD+0.1555%1h4.3415+0.305%$5K$13K10xas long as short