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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.91 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against SunX+0.078%7-day average −0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1461.456% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 4 days (all we have)−0.441%−$44 · spread now +0.078%, 7d avg −0.140%
Together, before fees−0.481%−$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.218% dearer against SunX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NEAR-USDT4.42500.0100pay 0.0100% / 8h1h 35m$1K$1.3M20x
ShortBinance NEARUSDT4.42840.0191get 0.0191% / 8h1h 35m$270.2M$1.09B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$19.12
Price spread: +0.078% → −0.140%
$21.8
Slippage, 4 orders
−$127.64
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$104.72
Costs to cover
1.456%
Break-even
45.3 days
Slippage from SunX: live order book, 8 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 8 min ago31.17 bp51.1 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago1.11 bp7.5 bp −$812.2 bp −$12234.5 bp −$3,452106.6 bp −$53.3K

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%1h4.4223−0.061%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4252+0.006%$109K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4124−0.285%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.418%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4300+0.113%$111K$493K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4299+0.111%$224.7M$436.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4290+0.090%$62.5M$299.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5008+1.713%$256K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4262+0.027%$35.5M$61.1M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4280+0.068%$53.5M$46.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4298+0.108%$73.2M$128.0M75xas long as short
Variational Omni NEAR+0.0100%8h4.4297+0.107%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4677+0.966%$261K$964K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5020+1.740%$170K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4271+0.047%$299K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4207−0.097%$58K$235K20xas long as short
SunX NEAR-USDTlong+0.0100%8h4.4250long leg$1K$1.3M20x
HTX NEAR-USDT+0.0100%8h4.4280+0.068%$464K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4200−0.113%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0106%8h4.4240−0.022%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0122%8h4.4780+1.198%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4215−0.079%$206K$40K3xas long as short
SoDEX NEAR-USD+0.0166%1h4.4190−0.136%$5K$53K10xas long as short
MEXC NEAR_USDT+0.0190%8h4.4290+0.090%$80.5M$147.1M200xas long as short
BingX NEAR-USDT+0.0190%8h4.4290+0.090%$143.9Mas long as short
Binance NEARUSDTshort+0.0191%8h4.4284+0.078%$270.2M$1.09B75x
Extended NEAR-USD+0.0240%1h4.4289+0.088%$3.7M$18.7M25xas long as short
Kalshi KXNEARPERP+0.0282%8h4.4245−0.011%$1.1M$25.2M2.2xas long as short
BloFin NEAR-USDT+0.0311%8h4.4310+0.136%$13.4M$32.7M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0197%1h4.4185−0.147%$235K100xas long as short
Aster NEARUSDT+0.0323%8h4.4246−0.008%$2.8M$5.0M50xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4187−0.142%$2.3M$16.7M50xas long as short
01 Exchange NEARUSD+0.0448%1h4.4333+0.188%$13K$7K10xas long as short
Hyperliquid NEAR+0.0487%1h4.4292+0.095%$362.6M$312.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0490%1h4.4189−0.138%$1.4M$6.8M20xas long as short
Nado NEAR-PERP+0.0599%1h4.4235−0.034%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0661%1h4.4169−0.183%$7.3M$38.5M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4350+0.226%$225K$1.6M10xas long as short
Lighter RH NEAR+0.0896%1h4.4326+0.172%$1.5M$6.7M10xas long as short
Lighter NEAR+0.0904%1h4.4315+0.147%$17.4M$25.1M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0927%1h4.4226−0.054%$1.9M$13.1M25xas long as short
Phoenix NEAR+0.1003%1h4.4771+1.177%$1.8M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4280+0.068%$409K$1.4M10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4193−0.129%$661K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1268%1h4.4573+0.729%$6K$12K10xas long as short