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−0.0271%/8h= −29.7% APRnext payment $0.34 per $10,000 · paid last 24h −0.081%
Price spread now: Reya against SoDEX+0.170%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Reya is 0.170% dearer against SoDEX than usual: you sell high and buy low (spread +0.170% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.29000.0100pay 0.0013% / 1h1m 10s$5K$51K10x
ShortReya NEARRUSDPERP4.2973−0.0171pay 0.0021% / 1h1m 10s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$56.88
Price spread: +0.170% → 0.000%
$17.02
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
−$53.86
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Reya: 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 Reya no order-book sample
SoDEX and Reya: 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 NEARRUSDPERPshort−0.0171%1h4.2973+0.170%$2K20x
Kraken Futures PF_NEARUSD−0.0131%1h4.2897−0.007%$7.9M$38.0M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2854−0.107%$2.1M$13.1M50xas long as short
Kalshi KXNEARPERP0.0000%8h4.2977+0.179%$379K$18.8M2.2xas long as short
dYdX NEAR-USD+0.0004%1h4.3117+0.506%$112K$64K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2982+0.191%$157K150xas long as short
Variational Omni NEAR+0.0016%8h4.2957+0.134%$8.2M$18.8Mas long as short
Phemex NEARUSDT+0.0018%8h4.2910+0.023%$3.8M$8.4M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.473%$578$302K12xas long as short
01 Exchange NEARUSD+0.0056%1h4.3120+0.513%$13K$7K10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.3070+0.396%$115K$473K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.2978+0.182%$57K$162K20xas long as short
Aster NEARUSDT+0.0100%8h4.2970+0.163%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.3108+0.485%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2911+0.026%$256.2M$1.05B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2880−0.047%$219.4M$416.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2870−0.070%$60.6M$275.1M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3110+0.490%$204K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3243+0.799%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2919+0.044%$30.8M$61.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2940+0.093%$73.7M$142.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2950+0.117%$55.6M$42.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2917+0.040%$71.1M$122.5M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2930+0.070%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3202+0.704%$257K$1.1M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3356+1.063%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3200+0.699%$177K$777K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3074+0.406%$203K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2980+0.186%$2K$1.4M20xas long as short
SoDEX NEAR-USDlong+0.0100%1h4.2900long leg$5K$51K10x
HTX NEAR-USDT+0.0100%8h4.2980+0.186%$453K$3.6M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3080+0.420%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.2901+0.003%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2952+0.122%$200K$31K3xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0216%1h4.2981+0.189%$1.9M$3.9M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.2890−0.023%$13.1M$27.5M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0308%1h4.2968+0.159%$275K100xas long as short
Nado NEAR-PERP+0.0426%1h4.3034+0.314%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3122+0.517%$410K$1.2M10xas long as short
Hyperliquid NEAR+0.0466%1h4.2988+0.205%$364.3M$302.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0494%1h4.2955+0.128%$1.3M$5.9M20xas long as short
Phoenix NEAR+0.0499%1h4.3191+0.678%$1.8M$2.7M10xas long as short
Lighter RH NEAR+0.0520%1h4.2984+0.196%$1.6M$7.0M10xas long as short
Aftermath Perps NEARUSD+0.1478%1h4.3199+0.698%$5K$12K10xas long as short
Lighter NEAR+0.1776%1h4.2994+0.218%$17.2M$24.8M15xas long as short