Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0652%/8h= −71.4% APRpaid last 24h −0.038%

Price spread now: SunX against 01 Exchange+0.019%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on SunX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$20 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange NEARUSD	4.3182	0.0752	pay 0.0094% / 1h	34m 42s	$13K	$7K	10x
Short	SunX NEAR-USDT	4.3190	0.0100	get 0.0100% / 8h	2h 34m	$2K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee SunXbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$136.92
Price spread: +0.019% → 0.000%: $1.85
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee SunX: 4 bp × 2 orders: −$8
Net: −$150.07
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; SunX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange no order-book sample	—	—	—	—	—
Sell SunX live order book, 10 min ago	31.52 bp	87.9 bp −$88	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.3095	−0.202%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2971	−0.488%	$106K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3077	−0.243%	$161K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.104%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3120	−0.144%	$113K	$500K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3000	−0.421%	$262.8M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.2941	−0.558%	$213.6M	$420.3M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2950	−0.537%	$60.6M	$285.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.2850	−0.769%	$244K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3027	−0.359%	$32.4M	$59.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NEAR_USDT	+0.0100%	8h	4.2980	−0.468%	$74.7M	$143.5M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2990	−0.445%	$51.9M	$45.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2974	−0.482%	$71.0M	$127.3M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3050	−0.306%	—	$6.7M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.2998	−0.425%	$8.2M	$18.0M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2986	−0.453%	$251K	$949K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2990	−0.445%	$1.4M	$1.5M	10x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3133	−0.113%	$263K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3129	−0.123%	$56K	$243K	20x	as long as short
SunX NEAR-USDTshort	+0.0100%	8h	4.3190	+0.019%	$2K	$1.3M	20x
HTX NEAR-USDT	+0.0100%	8h	4.3200	+0.042%	$464K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3120	−0.144%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.2959	−0.516%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3140	−0.097%	$201K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3140	−0.097%	$13.3M	$31.8M	75x	as long as short
Kalshi KXNEARPERP	+0.0250%	8h	4.3101	−0.188%	$858K	$24.5M	2.2x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.3140	−0.097%	$2.3M	$15.9M	50x	as long as short
ApeX Omni NEARUSDT	+0.0281%	1h	4.2980	−0.468%	$165K	$794K	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0311% / S −0.0198%	1h	4.3076	−0.244%	$233K	—	100x	as long as short
Aster NEARUSDT	+0.0338%	8h	4.3000	−0.421%	$2.8M	$5.3M	50x	as long as short
Nado NEAR-PERP	+0.0344%	1h	4.3103	−0.182%	$1.7M	$3.2M	10x	as long as short
Extended NEAR-USD	+0.0536%	1h	4.3035	−0.341%	$3.7M	$19.8M	25x	as long as short
SoDEX NEAR-USD	+0.0604%	1h	4.3105	−0.178%	$6K	$53K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0660%	1h	4.3120	−0.144%	$1.3M	$6.7M	20x	as long as short
Hyperliquid NEAR	+0.0705%	1h	4.3029	−0.354%	$351.6M	$310.0M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0734%	1h	4.3110	−0.166%	$7.5M	$38.7M	50x	as long as short
01 Exchange NEARUSDlong	+0.0752%	1h	4.3182	long leg	$13K	$7K	10x
Arcus NEAR-USD	+0.0814%	1h	4.3140	−0.097%	$217K	$1.6M	10x	as long as short
Pacifica NEAR	+0.0847%	1h	4.2988	−0.450%	$394K	$1.3M	10x	as long as short
Lighter NEAR	+0.0928%	1h	4.3043	−0.322%	$16.8M	$25.1M	15x	as long as short
Phoenix NEAR	+0.1033%	1h	4.3144	−0.088%	$1.8M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1104%	1h	4.3042	−0.324%	$1.5M	$7.3M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1143%	1h	4.3140	−0.097%	$2.0M	$11.0M	25x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.3142	−0.094%	$694K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1397%	1h	4.2915	−0.618%	$5K	$12K	10x	as long as short