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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.042%
Price spread now: Deribit against Aevo−0.131%7-day average +0.060% · 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+0.311%+$31 on $10k
Price spread, last 3 days (all we have)+0.196%+$20 · spread now −0.131%, 7d avg +0.060%
Together, before fees+0.507%+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.192% cheaper against Aevo than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of +0.060%). If the spread goes back, that is −$19 on $10k: about 19 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.311% in total) that is about 4.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo NEAR-PERP4.40070.0104pay 0.0013% / 1h17m 17s$205K$34K3x
ShortDeribit NEAR_USDC-PERPETUAL4.39490.0137get 0.0017% / 1h17m 17s$1.9M$4.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Aevo. 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
$6.93
Price spread: −0.131% → +0.060%
−$19.17
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$35.24
Costs to cover
0.230%
Break-even
42.6 days
Slippage unknown: Aevo: live order book, 52 min ago; Deribit: live order book, 2 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 Aevo live order book, 52 min ago10.43 bp24.0 bp −$2491.7 bp −$917doesn't fitdoesn't fit
Sell Deribit live order book, 2 min ago8.54 bp12.5 bp −$12doesn't fitdoesn't fitdoesn't fit

NEAR on 44 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%1h4.3878−0.294%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3905−0.231%$2.2M$14.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.3965−0.094%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4083+0.173%$599K$20.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3913−0.213%$194K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.901%$578$302K12xas long as short
Variational Omni NEAR+0.0080%8h4.4757+1.704%$8.6M$18.5Mas long as short
Popdex NEARUSDT+0.0096%1h4.3900−0.243%$111K$494K50xas long as short
Pacifica NEAR+0.0100%1h4.4002−0.011%$414K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3916−0.206%$266.3M$1.08B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.3929−0.177%$222.8M$422.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3920−0.197%$62.4M$290.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3970−0.084%$209K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.4050+0.098%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3906−0.229%$31.7M$62.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3950−0.129%$74.7M$142.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3910−0.220%$53.9M$43.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3899−0.245%$72.4M$126.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3930−0.174%$143.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.4564+1.266%$281K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4520+1.166%$1.5M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4540+1.212%$183K$765K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3887−0.272%$208K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3931−0.172%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3920−0.197%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3915−0.209%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4000−0.015%$454K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3840−0.379%$3.9M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3997−0.022%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3843−0.373%$3.8M$18.5M25xas long as short
Aevo NEAR-PERPlong+0.0104%1h4.4007long leg$205K$34K3x
Deribit NEAR_USDC-PERPETUALshort+0.0137%1h4.3949−0.131%$1.9M$4.2M25x
Aster NEARUSDT+0.0187%8h4.3984−0.053%$3.0M$5.8M50xas long as short
Kraken Futures PF_NEARUSD+0.0215%1h4.3919−0.199%$8.0M$40.9M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0352% / S −0.0248%1h4.3877−0.296%$259K100xas long as short
Nado NEAR-PERP+0.0403%1h4.3867−0.316%$1.9M$3.1M10xas long as short
01 Exchange NEARUSD+0.0424%1h4.3887−0.272%$13K$7K10xas long as short
RISEx NEAR/USDC+0.0509%1h4.3894−0.256%$554K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.4150+0.325%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0808%1h4.3960−0.106%$1.6M$7.0M10xas long as short
Hyperliquid NEAR+0.0911%1h4.3938−0.156%$370.5M$308.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0948%1h4.4041+0.078%$1.4M$6.3M20xas long as short
Aftermath Perps NEARUSD+0.1604%1h4.4260+0.575%$6K$12K10xas long as short
Lighter NEAR+0.1752%1h4.4011+0.009%$17.6M$25.7M15xas long as short