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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0235%/8h= +25.7% APRnext payment +$0.29 per $10,000 · paid last 24h +0.080%
Price spread now: GMX against SoDEX+0.030%7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GMX is 0.030% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.28900.0100pay 0.0013% / 1h5m 43s$5K$46K10x
ShortGMX NEAR/USD [ETH-USDC]4.2903L +0.0390% / S −0.0335%get 0.0042% / 1h5m 43s$293K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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
$49.26
Price spread: +0.030% → 0.000%
$3.02
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$32.28
Costs to cover
0.200%
Break-even
2.4 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell GMX no order-book sample
SoDEX and 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%1h4.2871−0.044%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.2884−0.014%$2.2M$13.2M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−3.451%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.2869−0.048%$112K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2892+0.005%$454K$18.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2892+0.004%$207K150xas long as short
Kraken Futures PF_NEARUSD+0.0047%1h4.2919+0.067%$7.7M$36.2M50xas long as short
Popdex NEARUSDT+0.0096%1h4.28900.000%$106K$490K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2884−0.015%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2920+0.070%$3.0M$5.6M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2902+0.027%$399K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2921+0.072%$249.2M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2892+0.005%$220.5M$420.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2900+0.023%$60.3M$283.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.28900.000%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2317−1.336%$241K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2928+0.089%$30.3M$59.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2910+0.047%$83.8M$145.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2940+0.117%$56.3M$43.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2919+0.068%$71.3M$125.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2910+0.047%$137.2Mas long as short
Variational Omni NEAR+0.0100%8h4.2299−1.377%$7.9M$17.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.2295−1.388%$247K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2644−0.574%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2620−0.630%$178K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2918+0.065%$234K$3.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2913+0.054%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2950+0.140%$2K$1.4M20xas long as short
SoDEX NEAR-USDlong+0.0100%1h4.2890long leg$5K$46K10x
Phemex NEARUSDT+0.0100%8h4.28900.000%$3.9M$8.1M50xas long as short
Extended NEAR-USD+0.0104%1h4.2897+0.017%$4.0M$14.8M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2899+0.020%$207K$62K3xas long as short
01 Exchange NEARUSD+0.0144%1h4.2941+0.119%$13K$7K10xas long as short
Lighter RH NEAR+0.0160%1h4.2944+0.126%$1.5M$7.0M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2850−0.093%$12.6M$32.6M75xas long as short
RISEx NEAR/USDC+0.0364%1h4.2916+0.061%$414K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]shortL +0.0390% / S −0.0335%1h4.2903+0.030%$293K100x
Nado NEAR-PERP+0.0467%1h4.2870−0.047%$1.9M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.2682−0.485%$1.8M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0554%1h4.2941+0.119%$1.3M$5.5M20xas long as short
Hyperliquid NEAR+0.0650%1h4.3030+0.326%$371.7M$297.1M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0799%1h4.2948+0.135%$1.9M$2.3M25xas long as short
HTX NEAR-USDT+0.0927%8h4.3020+0.303%$461K$3.6M75xas long as short
Aftermath Perps NEARUSD+0.0999%1h4.2555−0.780%$5K$11K10xas long as short
Lighter NEAR+0.1000%1h4.2993+0.240%$16.5M$23.8M15xas long as short