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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against SunX−0.007%7-day average −0.143% · 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 7 days−0.064%−$6 on $10k
Price spread, last 3 days (all we have)−0.156%−$16 · spread now −0.007%, 7d avg −0.143%
Together, before fees−0.220%−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.136% dearer against SunX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.143%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NEAR-USDT4.18000.0100pay 0.0100% / 8h1h 31m$1K$1.4M20x
ShortOrderly PERP_NEAR_USDC4.17970.0099get 0.0099% / 8h1h 31m$53K$158K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$0.13
Price spread: −0.007% → −0.143%
$13.56
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$0.57
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 2 min ago; Orderly: 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 SunX live order book, 2 min ago66.86 bp89.7 bp −$90doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h4.1736−0.152%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1733−0.160%$2.1M$12.7M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.933%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1769−0.075%$108K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1731−0.165%$430K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1802+0.006%$207K150xas long as short
Kraken Futures PF_NEARUSD+0.0048%1h4.1820+0.048%$7.6M$36.8M50xas long as short
01 Exchange NEARUSD+0.0080%1h4.1762−0.091%$12K$7K10xas long as short
Lighter RH NEAR+0.0096%1h4.1848+0.115%$1.5M$6.9M10xas long as short
Popdex NEARUSDT+0.0096%1h4.1730−0.167%$111K$482K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDCshort+0.0099%8h4.1797−0.007%$53K$158K20x
Paradex NEAR-USD-PERP+0.0100%8h4.1701−0.238%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1820+0.048%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1763−0.088%$361K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1805+0.013%$239.0M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.18000.000%$213.1M$423.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.18000.000%$57.5M$276.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1770−0.072%$310K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1500−0.718%$236K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1767−0.079%$29.9M$57.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1790−0.024%$82.1M$141.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1830+0.072%$55.1M$44.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1805+0.012%$69.2M$125.4M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1730−0.167%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1530−0.645%$7.7M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.1767−0.080%$238K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1831+0.074%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1790−0.024%$175K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1758−0.100%$206K$3.2M10xas long as short
SunX NEAR-USDTlong+0.0100%8h4.1800long leg$1K$1.4M20x
SoDEX NEAR-USD+0.0100%1h4.1788−0.029%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.18000.000%$3.8M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.1788−0.028%$3.8M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1786−0.035%$201K$62K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.1740−0.144%$12.2M$33.2M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0252%1h4.1825+0.060%$1.8M$2.2M25xas long as short
Hyperliquid NEAR+0.0310%1h4.1807+0.017%$352.9M$298.8M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1753−0.112%$410K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0381% / S −0.0328%1h4.1790−0.025%$281K100xas long as short
Lighter NEAR+0.0408%1h4.1875+0.179%$16.0M$23.2M15xas long as short
Backpack NEAR_USDC_PERP+0.0439%1h4.1796−0.010%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0536%1h4.1715−0.203%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1571−0.548%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.0832%1h4.1712−0.211%$5K$11K10xas long as short
HTX NEAR-USDT+0.0981%8h4.1860+0.144%$448K$3.6M75xas long as short