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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0934%/8h= −102.2% APRnext payment $1.17 per $10,000 · paid last 24h −0.184%
Price spread now: Coinbase International against RISEx+0.085%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.573%−$57 on $10k
Price spread, last 4 days (all we have)+0.241%+$24 · spread now +0.085%, 7d avg −0.068%
Together, before fees−0.332%−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.153% dearer against RISEx than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of −0.068%): +$15 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.42280.0926pay 0.0116% / 1h16m 40s$592K$1.4M10x
ShortCoinbase International NEAR-PERP-INTX4.4266−0.0008pay 0.0001% / 1h16m 40s$2.3M$15.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$196.07
Price spread: +0.085% → −0.068%
$15.31
Slippage, 4 orders
−$18.74
Fee RISEx: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$215.5
Costs to cover
0.347%
Break-even
never at this rate
Slippage from RISEx: live order book, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago3.06 bp6.1 bp −$611.4 bp −$114doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago4.29 bp10.3 bp −$1020.1 bp −$201doesn'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%1h4.4159−0.157%$2K20xas long as short
Coinbase International NEAR-PERP-INTXshort−0.0008%1h4.4266+0.085%$2.3M$15.5M50x
dYdX NEAR-USD0.0000%1h4.4200−0.065%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4262+0.076%$599K$22.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4218−0.023%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.372%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4180−0.109%$113K$519K50xas long as short
Pacifica NEAR+0.0100%1h4.4237+0.019%$420K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4250+0.049%$272.2M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4186−0.095%$222.4M$424.6M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4180−0.109%$63.0M$300.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4098−0.294%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4194−0.077%$32.2M$64.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4240+0.027%$74.9M$150.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4240+0.027%$54.8M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4186−0.095%$72.6M$130.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4180−0.109%$147.4Mas long as short
Variational Omni NEAR+0.0100%8h4.4057−0.387%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4247+0.043%$265K$979K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4281+0.119%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4180−0.109%$170K$802K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4191−0.084%$246K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4249+0.047%$57K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4360+0.298%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4300+0.162%$459K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4260+0.072%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4187−0.093%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4290+0.140%$206K$40K3xas long as short
SoDEX NEAR-USD+0.0164%1h4.4248+0.045%$8K$52K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4290+0.140%$13.8M$33.0M75xas long as short
Aster NEARUSDT+0.0309%8h4.4262+0.077%$3.0M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0321% / S −0.0190%1h4.4215−0.030%$234K100xas long as short
Backpack NEAR_USDC_PERP+0.0324%1h4.4263+0.079%$1.4M$6.5M20xas long as short
01 Exchange NEARUSD+0.0336%1h4.4221−0.016%$13K$7K10xas long as short
Hyperliquid NEAR+0.0352%1h4.4276+0.108%$365.2M$324.7M10xas long as short
Extended NEAR-USD+0.0400%1h4.4164−0.146%$4.0M$19.7M25xas long as short
Nado NEAR-PERP+0.0543%1h4.4175−0.121%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4230+0.004%$219K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0587%1h4.4266+0.086%$8.2M$39.5M50xas long as short
Lighter RH NEAR+0.0656%1h4.4288+0.135%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4289+0.137%$1.8M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0903%1h4.4274+0.103%$2.0M$7.3M25xas long as short
RISEx NEAR/USDClong+0.0926%1h4.4228long leg$592K$1.4M10x
Lighter NEAR+0.0960%1h4.4304+0.172%$17.9M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1566%1h4.4216−0.028%$5K$12K10xas long as short