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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0090%/8h= −9.9% APRnext payment $0.11 per $10,000 · paid last 24h −0.060%
Price spread now: GMX against RISEx−0.141%7-day average −0.050% · you buy dearer than you sell
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)−0.110%−$11 on $10k
Price spread, last 3 days (all we have)+0.251%+$25 · spread now −0.141%, 7d avg −0.050%
Together, before fees+0.141%+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GMX is 0.091% cheaper against RISEx than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.27620.0404pay 0.0051% / 1h45m 52s$412K$1.2M10x
ShortGMX NEAR/USD [ETH-USDC]4.2702L +0.0374% / S −0.0314%get 0.0039% / 1h45m 52s$274K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$18.91
Price spread: −0.141% → −0.050%
−$9.06
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
−$45.97
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 3 min ago; GMX: no order-book sample. 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 RISEx live order book, 3 min ago2.03 bp5.0 bp −$512.8 bp −$128doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 NEARRUSDPERP−0.0171%1h4.2690−0.169%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2695−0.156%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2739−0.052%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2719−0.100%$396K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2712−0.116%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.161%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2730−0.074%$108K$496K50xas long as short
Bybit NEARUSDT+0.0099%8h4.2718−0.102%$219.5M$421.8M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2719−0.101%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2783+0.050%$3.0M$5.6M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2765+0.007%$402K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2775+0.030%$253.3M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2730−0.074%$61.0M$285.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2730−0.074%$201K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000+0.557%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2763+0.003%$30.2M$58.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2770+0.019%$78.4M$140.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2780+0.043%$56.0M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2725−0.086%$71.0M$126.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2750−0.028%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3020+0.603%$8.0M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.2986+0.525%$245K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2963+0.471%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2990+0.534%$180K$788K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2741−0.049%$217K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2732−0.070%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2770+0.019%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2720−0.098%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2750−0.028%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2731−0.072%$4.0M$15.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2720−0.098%$206K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2739−0.053%$7.4M$36.9M50xas long as short
01 Exchange NEARUSD+0.0200%1h4.2754−0.018%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2730−0.074%$13.0M$30.7M75xas long as short
Lighter RH NEAR+0.0344%1h4.2819+0.134%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]shortL +0.0374% / S −0.0314%1h4.2702−0.141%$274K100x
RISEx NEAR/USDClong+0.0404%1h4.2762long leg$412K$1.2M10x
Backpack NEAR_USDC_PERP+0.0437%1h4.2829+0.157%$1.3M$5.5M20xas long as short
Phoenix NEAR+0.0463%1h4.2919+0.368%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0814%1h4.2705−0.132%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0876%8h4.2830+0.159%$457K$3.7M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1084%1h4.2794+0.075%$1.9M$2.3M25xas long as short
Hyperliquid NEAR+0.1164%1h4.2856+0.220%$369.3M$298.2M10xas long as short
Aftermath Perps NEARUSD+0.1171%1h4.2947+0.433%$5K$11K10xas long as short
Lighter NEAR+0.1920%1h4.2862+0.235%$16.5M$23.7M15xas long as short