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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0316%/8h= +34.6% APRnext payment +$0.39 per $10,000 · paid last 24h +0.161%
Price spread now: RISEx against SoDEX+0.146%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 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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and RISEx is 0.146% dearer against SoDEX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.52750.0253pay 0.0032% / 1h57m 35s$5K$44K10x
ShortRISEx NEAR/USDC4.53410.0569get 0.0071% / 1h57m 35s$648K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$66.34
Price spread: +0.146% → 0.000%
$14.56
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$66.9
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; RISEx: live order book, 1 min ago. 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 RISEx live order book, 1 min ago3.12 bp6.1 bp −$615.5 bp −$155doesn't fitdoesn't fit
SoDEX: 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%1h4.5317+0.092%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0140%1h4.5265−0.023%$7.4M$38.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.5340+0.143%$110K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5437+0.358%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.537%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5370+0.210%$120K$521K50xas long as short
Aster NEARUSDT+0.0100%8h4.5342+0.147%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.5387+0.247%$275.7M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5335+0.133%$235.5M$435.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.5310+0.077%$64.5M$309.9M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.5370+0.210%$234K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5308+0.072%$261K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5297+0.049%$39.0M$61.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5280+0.011%$82.9M$162.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5410+0.298%$54.0M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5297+0.049%$74.8M$128.4M75xas long as short
BingX NEAR-USDC+0.0100%8h4.5320+0.099%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.5317+0.092%$9.4M$17.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.5378+0.228%$268K$880K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5362+0.192%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5390+0.254%$169K$826K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5370+0.210%$282K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5296+0.046%$59K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5350+0.166%$1K$1.3M20xas long as short
Phemex NEARUSDT+0.0100%8h4.5260−0.033%$3.5M$8.0M50xas long as short
Extended NEAR-USD+0.0104%1h4.5303+0.061%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5305+0.066%$211K$38K3xas long as short
Paradex NEAR-USD-PERP+0.0109%8h4.5403+0.282%$33K$41310xas long as short
Kalshi KXNEARPERP+0.0125%8h4.5293+0.040%$858K$25.5M2.2xas long as short
HTX NEAR-USDT+0.0218%8h4.5350+0.166%$479K$3.8M75xas long as short
BloFin NEAR-USDT+0.0220%8h4.5280+0.011%$12.7M$33.4M75xas long as short
SoDEX NEAR-USDlong+0.0253%1h4.5275long leg$5K$44K10x
01 Exchange NEARUSD+0.0296%1h4.5352+0.170%$13K$5K10xas long as short
Hyperliquid NEAR+0.0329%1h4.5443+0.371%$369.0M$321.7M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0347% / S −0.0242%1h4.5333+0.127%$265K100xas long as short
Lighter NEAR+0.0384%1h4.5410+0.298%$17.8M$23.3M15xas long as short
Coinbase International NEAR-PERP-INTX+0.0520%1h4.5365+0.199%$2.3M$18.0M50xas long as short
RISEx NEAR/USDCshort+0.0569%1h4.5341+0.146%$648K$1.6M10x
Lighter RH NEAR+0.0688%1h4.5450+0.387%$1.6M$6.0M10xas long as short
Nado NEAR-PERP+0.0707%1h4.5315+0.088%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0713%1h4.5303+0.062%$1.1M$7.2M20xas long as short
Phoenix NEAR+0.0740%1h4.5602+0.722%$1.8M$2.2M10xas long as short
Pacifica NEAR+0.0883%1h4.5379+0.230%$428K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0943%1h4.5316+0.091%$2.0M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1259%1h4.5350+0.165%$6K$7K10xas long as short