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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0324%/8h= −35.5% APRnext payment $0.41 per $10,000 · paid last 24h −0.134%
Price spread now: Extended against RISEx−0.618%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$160.165% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.387%−$39 on $10k
Price spread, last 7 days+0.591%+$59 · spread now −0.618%, 7d avg −0.090%
Together, before fees+0.204%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Extended is 0.529% cheaper against RISEx than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of −0.090%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.29210.0428pay 0.0054% / 1h29m 00s$407K$1.2M10x
ShortExtended NEAR-USD4.26560.0104get 0.0013% / 1h29m 00s$3.8M$16.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$68.12
Price spread: −0.618% → −0.090%
−$52.86
Slippage, 4 orders
−$5.46
Fee RISEx: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$137.44
Costs to cover
0.165%
Break-even
never at this rate
Slippage from RISEx: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago1.27 bp4.3 bp −$410.6 bp −$106doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago0.35 bp3.2 bp −$39.4 bp −$941098.2 bp −$109.8Kdoesn'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%1h4.2780−0.329%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0132%1h4.2728−0.451%$7.2M$37.4M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2777−0.336%$2.2M$12.9M50xas long as short
Bybit NEARUSDT−0.0051%8h4.2800−0.282%$216.2M$416.1M75xas long as short
01 Exchange NEARUSD−0.0024%1h4.2901−0.047%$13K$7K10xas long as short
Variational Omni NEAR−0.0005%8h4.2608−0.729%$8.0M$18.7Mas long as short
dYdX NEAR-USD0.0000%1h4.2858−0.147%$111K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2838−0.194%$416K$18.5M2.2xas long as short
Gate NEAR_USDT+0.0003%8h4.2777−0.336%$30.7M$59.5M75xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2751−0.396%$203K150xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.521%$578$302K12xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0054%1h4.2712−0.487%$1.9M$3.4M25xas long as short
Popdex NEARUSDT+0.0096%1h4.2890−0.073%$114K$482K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.2700−0.515%$57K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0099%8h4.2862−0.138%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2760−0.376%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2849−0.169%$396K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2813−0.252%$253.4M$1.06B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2770−0.352%$60.1M$278.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2900−0.049%$197K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2709−0.493%$243K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.2790−0.306%$77.1M$140.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2730−0.445%$56.1M$42.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2781−0.327%$70.9M$124.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2790−0.306%$141.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.2606−0.734%$254K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2603−0.742%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2320−1.401%$177K$788K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2835−0.201%$206K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2860−0.143%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2700−0.515%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2990+0.160%$461K$3.6M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2720−0.469%$3.8M$8.6M50xas long as short
Extended NEAR-USDshort+0.0104%1h4.2656−0.618%$3.8M$16.9M25x
Aevo NEAR-PERP+0.0104%1h4.2685−0.550%$199K$28K3xas long as short
Hyperliquid NEAR+0.0159%1h4.2839−0.191%$359.2M$304.9M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2730−0.445%$13.0M$28.1M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0306%1h4.2745−0.409%$272K100xas long as short
Lighter RH NEAR+0.0376%1h4.2770−0.352%$1.6M$6.9M10xas long as short
Backpack NEAR_USDC_PERP+0.0409%1h4.2813−0.252%$1.3M$5.8M20xas long as short
RISEx NEAR/USDClong+0.0428%1h4.2921long leg$407K$1.2M10x
Nado NEAR-PERP+0.0459%1h4.2812−0.255%$1.9M$3.2M10xas long as short
Phoenix NEAR+0.0499%1h4.2669−0.588%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1313%1h4.2608−0.729%$5K$12K10xas long as short
Lighter NEAR+0.1904%1h4.2835−0.201%$17.1M$24.2M15xas long as short