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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0811%/8h= −88.8% APRnext payment $1.01 per $10,000 · paid last 24h −0.116%
Price spread now: 01 Exchange against RISEx−0.030%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and 01 Exchange is 0.030% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.39340.1259pay 0.0157% / 1h27m 47s$668K$1.4M10x
Short01 Exchange NEARUSD4.39210.0448get 0.0056% / 1h27m 47s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$170.33
Price spread: −0.030% → 0.000%
−$3.03
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$186.36
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 1 min ago; 01 Exchange: 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, 1 min ago3.66 bp6.7 bp −$712.8 bp −$128doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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%1h4.3933−0.003%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4037+0.234%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3910−0.055%$164K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.746%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3910−0.055%$111K$491K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4050+0.263%$223.2M$434.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4040+0.241%$62.2M$295.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4350+0.946%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3970+0.081%$35.4M$61.5M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4040+0.241%$53.4M$46.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4044+0.250%$72.4M$127.4M75xas long as short
Variational Omni NEAR+0.0100%8h4.4217+0.644%$8.8M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.4291+0.812%$259K$967K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4270+0.764%$167K$805K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3934−0.001%$299K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3958+0.054%$59K$236K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4010+0.172%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4030+0.218%$462K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3970+0.081%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0105%8h4.4038+0.235%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0113%8h4.4260+0.741%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.3975+0.093%$204K$38K3xas long as short
SoDEX NEAR-USD+0.0179%1h4.3945+0.024%$5K$52K10xas long as short
BingX NEAR-USDC+0.0194%8h4.4040+0.241%$6.7Mas long as short
MEXC NEAR_USDT+0.0200%8h4.4070+0.309%$79.3M$148.6M200xas long as short
Binance NEARUSDT+0.0201%8h4.4073+0.315%$268.9M$1.08B75xas long as short
Extended NEAR-USD+0.0208%1h4.3964+0.069%$3.7M$18.4M25xas long as short
Kalshi KXNEARPERP+0.0259%8h4.3874−0.137%$1.0M$25.0M2.2xas long as short
Aster NEARUSDT+0.0306%8h4.4014+0.181%$2.8M$5.0M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0198%1h4.39340.000%$233K100xas long as short
BloFin NEAR-USDT+0.0320%8h4.3920−0.033%$13.7M$32.4M75xas long as short
Backpack NEAR_USDC_PERP+0.0417%1h4.3978+0.099%$1.4M$6.8M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.3998+0.145%$2.3M$16.6M50xas long as short
01 Exchange NEARUSDshort+0.0448%1h4.3921−0.030%$13K$7K10x
Hyperliquid NEAR+0.0455%1h4.4049+0.260%$359.4M$314.8M10xas long as short
Nado NEAR-PERP+0.0617%1h4.3910−0.055%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0664%1h4.3932−0.005%$7.3M$38.3M50xas long as short
Lighter NEAR+0.0816%1h4.4091+0.356%$17.3M$25.2M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0866%1h4.3974+0.090%$1.9M$13.1M25xas long as short
Arcus NEAR-USD+0.0880%1h4.4070+0.309%$223K$1.6M10xas long as short
Lighter RH NEAR+0.0904%1h4.4067+0.302%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4297+0.826%$1.8M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4046+0.255%$420K$1.4M10xas long as short
RISEx NEAR/USDClong+0.1259%1h4.3934long leg$668K$1.4M10x
Aftermath Perps NEARUSD+0.1278%1h4.4219+0.647%$5K$12K10xas long as short