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−0.1078%/8h= −118.0% APRnext payment $1.35 per $10,000 · paid last 24h −0.275%
Price spread now: GMX against Aftermath Perps−0.204%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 −$32 a day on $10k at the current rate, and GMX is 0.204% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps NEARUSD4.32680.1279pay 0.0160% / 1h58m 24s$5K$12K10x
ShortGMX NEAR/USD [ETH-USDC]4.3180L +0.0313% / S −0.0201%get 0.0025% / 1h58m 24s$231K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aftermath Perps. 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
−$226.38
Price spread: −0.204% → 0.000%
−$20.45
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
−$267.83
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; GMX: 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 Aftermath Perps no order-book sample
Sell GMX no order-book sample
Aftermath Perps and GMX: 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%1h4.3153−0.267%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3105−0.378%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3179−0.207%$162K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3212−0.130%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.295%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3160−0.250%$105K$492K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3201−0.156%$218.4M$431.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3210−0.135%$60.7M$290.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3150−0.272%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3159−0.253%$35.2M$61.5M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3190−0.181%$52.3M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3204−0.149%$71.5M$128.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.3137−0.302%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3156−0.259%$250K$907K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3153−0.266%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3150−0.273%$163K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3188−0.186%$278K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3230−0.089%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3310+0.096%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3225−0.100%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3300+0.073%$458K$3.8M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3180−0.204%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0103%8h4.3126−0.329%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3200−0.158%$3.6M$17.8M25xas long as short
Aevo NEAR-PERP+0.0136%1h4.3242−0.061%$201K$38K3xas long as short
BingX NEAR-USDT+0.0203%8h4.3200−0.158%$144.8Mas long as short
MEXC NEAR_USDT+0.0212%8h4.3190−0.181%$76.1M$147.7M200xas long as short
Kalshi KXNEARPERP+0.0213%8h4.3161−0.248%$945K$25.1M2.2xas long as short
Binance NEARUSDT+0.0214%8h4.3220−0.112%$262.6M$1.09B75xas long as short
Aster NEARUSDT+0.0245%8h4.3200−0.158%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]shortL +0.0313% / S −0.0201%1h4.3180−0.204%$231K100x
BloFin NEAR-USDT+0.0333%8h4.3130−0.320%$13.4M$31.9M75xas long as short
Backpack NEAR_USDC_PERP+0.0398%1h4.3118−0.347%$1.3M$6.9M20xas long as short
01 Exchange NEARUSD+0.0408%1h4.3190−0.181%$13K$7K10xas long as short
Hyperliquid NEAR+0.0414%1h4.3195−0.169%$350.7M$315.2M10xas long as short
Nado NEAR-PERP+0.0451%1h4.3155−0.262%$1.6M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3230−0.089%$2.3M$16.6M50xas long as short
Lighter NEAR+0.0600%1h4.3176−0.214%$17.0M$24.8M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3180−0.204%$227K$1.6M10xas long as short
Lighter RH NEAR+0.0760%1h4.3177−0.211%$1.5M$6.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0931%1h4.3252−0.038%$1.9M$13.0M25xas long as short
Pacifica NEAR+0.0949%1h4.3130−0.320%$406K$1.5M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3175−0.217%$655K$1.4M10xas long as short
Phoenix NEAR+0.1003%1h4.3312+0.101%$1.8M$2.3M10xas long as short
Aftermath Perps NEARUSDlong+0.1279%1h4.3268long leg$5K$12K10x