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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0024%/8h= −2.6% APRnext payment $0.03 per $10,000 · paid last 24h +0.005%
Price spread now: Popdex against 01 Exchange−0.109%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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Popdex is 0.109% cheaper against 01 Exchange than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange NEARUSD4.21360.0120pay 0.0015% / 1h19m 38s$12K$7K10x
ShortPopdex NEARUSDT4.20900.0096get 0.0012% / 1h19m 38s$112K$483K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against 01 Exchange. 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
−$5.04
Price spread: −0.109% → 0.000%
−$10.92
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$29.36
Costs to cover
0.134%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Popdex: live order book, 64 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 01 Exchange no order-book sample
Sell Popdex live order book, 64 min ago2.42 bp8.6 bp −$955.4 bp −$554doesn't fitdoesn't fit
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%1h4.2083−0.126%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.2100−0.085%$2.2M$12.8M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−1.723%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.2114−0.052%$109K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2053−0.197%$431K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2112−0.057%$208K150xas long as short
Kraken Futures PF_NEARUSD+0.0048%1h4.2139+0.006%$7.7M$36.6M50xas long as short
Popdex NEARUSDTshort+0.0096%1h4.2090−0.109%$112K$483K50x
Paradex NEAR-USD-PERP+0.0100%8h4.2110−0.062%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2192+0.134%$3.0M$5.7M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2117−0.045%$364K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2104−0.075%$241.4M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2089−0.112%$214.8M$422.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2080−0.133%$58.4M$278.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2060−0.180%$226K$1.7M10xas long as short
Gate NEAR_USDT+0.0100%8h4.2135−0.002%$30.3M$57.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2110−0.062%$83.7M$142.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2130−0.014%$55.4M$44.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2077−0.140%$69.7M$125.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2120−0.038%$136.9Mas long as short
Variational Omni NEAR+0.0100%8h4.1950−0.442%$7.8M$18.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.1795−0.810%$238K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1819−0.752%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1820−0.750%$175K$794K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2122−0.033%$204K$3.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2085−0.121%$54K$165K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2150+0.033%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2110−0.062%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2080−0.133%$3.9M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2042−0.223%$240K$2K10xas long as short
Extended NEAR-USD+0.0104%1h4.2104−0.077%$3.9M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2096−0.094%$203K$62K3xas long as short
01 Exchange NEARUSDlong+0.0120%1h4.2136long leg$12K$7K10x
Lighter RH NEAR+0.0128%1h4.2190+0.128%$1.5M$7.0M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2040−0.228%$12.4M$31.4M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0320%1h4.2133−0.007%$1.9M$2.2M25xas long as short
RISEx NEAR/USDC+0.0364%1h4.2133−0.007%$413K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0382% / S −0.0327%1h4.2110−0.063%$283K100xas long as short
Hyperliquid NEAR+0.0403%1h4.2199+0.150%$356.3M$292.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0493%1h4.2161+0.059%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0509%1h4.2105−0.074%$1.9M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.2035−0.240%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0792%1h4.2195+0.141%$16.1M$23.3M15xas long as short
HTX NEAR-USDT+0.0955%8h4.2220+0.199%$452K$3.6M75xas long as short
Aftermath Perps NEARUSD+0.0959%1h4.1923−0.505%$5K$11K10xas long as short