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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.20 per $10,000 · paid last 24h +0.036%
Price spread now: 01 Exchange against SoDEX−0.333%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.333% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.333% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 6.8 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.32010.0100pay 0.0013% / 1h36m 15s$5K$53K10x
Short01 Exchange NEARUSD4.30570.0264get 0.0033% / 1h36m 15s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$34.44
Price spread: −0.333% → 0.000%
−$33.33
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$13.89
Costs to cover
0.150%
Break-even
9.8 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell 01 Exchange no order-book sample
SoDEX and 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%1h4.3087−0.265%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3057−0.334%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3114−0.201%$161K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3180−0.049%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.146%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3060−0.326%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3220+0.044%$218.2M$430.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3230+0.067%$60.7M$291.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3160−0.095%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3101−0.231%$35.1M$62.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3240+0.090%$52.4M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3184−0.039%$71.5M$128.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.3337+0.314%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3177−0.056%$250K$898K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3207+0.014%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3330+0.299%$165K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3085−0.269%$283K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3207+0.014%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3210+0.021%$1K$1.3M20xas long as short
SoDEX NEAR-USDlong+0.0100%1h4.3201long leg$5K$53K10x
Phemex NEARUSDT+0.0100%8h4.3240+0.090%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3047−0.356%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3184−0.038%$3.6M$17.2M25xas long as short
HTX NEAR-USDT+0.0122%8h4.3190−0.025%$460K$3.8M75xas long as short
Aevo NEAR-PERP+0.0128%1h4.3217+0.038%$201K$38K3xas long as short
Kalshi KXNEARPERP+0.0185%8h4.3079−0.282%$935K$25.2M2.2xas long as short
Binance NEARUSDT+0.0193%8h4.3243+0.097%$262.5M$1.09B75xas long as short
MEXC NEAR_USDT+0.0196%8h4.3250+0.113%$82.9M$150.6M200xas long as short
Aster NEARUSDT+0.0198%8h4.3201−0.001%$2.7M$4.8M50xas long as short
BingX NEAR-USDC+0.0205%8h4.3140−0.141%$6.7Mas long as short
Hyperliquid NEAR+0.0223%1h4.3084−0.271%$347.7M$315.2M10xas long as short
01 Exchange NEARUSDshort+0.0264%1h4.3057−0.333%$13K$7K10x
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0204%1h4.3121−0.184%$232K100xas long as short
BloFin NEAR-USDT+0.0316%8h4.3110−0.211%$13.2M$31.8M75xas long as short
Backpack NEAR_USDC_PERP+0.0390%1h4.3093−0.250%$1.2M$7.0M20xas long as short
Nado NEAR-PERP+0.0478%1h4.3060−0.326%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3137−0.148%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0512%1h4.3273+0.167%$1.5M$6.6M10xas long as short
Arcus NEAR-USD+0.0638%1h4.3070−0.303%$225K$1.6M10xas long as short
Lighter NEAR+0.0728%1h4.3278+0.178%$17.1M$25.1M15xas long as short
Pacifica NEAR+0.0949%1h4.3060−0.326%$406K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3384+0.424%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3061−0.324%$598K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1093%1h4.3239+0.088%$1.9M$13.2M25xas long as short
Aftermath Perps NEARUSD+0.1248%1h4.3207+0.015%$5K$7K10xas long as short