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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0122%/8h= −13.4% APRnext payment $0.15 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against ApeX Omni+0.455%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1661.657% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.687%−$69 · spread now +0.455%, 7d avg −0.062%
Together, before fees−0.687%−$69 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aevo is 0.517% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.455% now, against its 7-day average of −0.062%): +$52 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.28600.0226pay 0.0028% / 1h24m 46s$165K$794K50x
ShortAevo NEAR-PERP4.30550.0104get 0.0013% / 1h24m 46s$200K$37K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. 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
−$25.64
Price spread: +0.455% → −0.062%
$51.7
Slippage, 4 orders
−$139.69
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$139.63
Costs to cover
1.657%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 24 min ago; Aevo: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 24 min ago8.16 bp18.0 bp −$18120.5 bp −$1,205doesn't fitdoesn't fit
Sell Aevo live order book, 24 min ago9.34 bp62.3 bp −$62doesn't fitdoesn't fitdoesn't fit

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%1h4.3011+0.353%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2982+0.285%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2998+0.323%$161K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.383%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3010+0.350%$113K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.3062+0.472%$263.3M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3020+0.373%$214.5M$420.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3050+0.443%$60.3M$285.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2997+0.321%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2927+0.156%$32.4M$60.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.3080+0.513%$77.1M$144.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3010+0.350%$51.7M$45.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3046+0.434%$71.2M$127.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3040+0.420%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.2778−0.191%$8.1M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.2867+0.017%$258K$954K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2900+0.093%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3027+0.390%$262K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3054+0.453%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3120+0.607%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3100+0.560%$464K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3000+0.327%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3040+0.419%$31K$60810xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.3055+0.455%$200K$37K3x
BloFin NEAR-USDT+0.0220%8h4.3070+0.490%$13.3M$31.7M75xas long as short
ApeX Omni NEARUSDTlong+0.0226%1h4.2860long leg$165K$794K50x
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3036+0.411%$2.3M$15.9M50xas long as short
Kalshi KXNEARPERP+0.0275%8h4.2930+0.163%$879K$24.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0311% / S −0.0198%1h4.2993+0.310%$232K100xas long as short
Aster NEARUSDT+0.0333%8h4.3010+0.350%$2.8M$5.3M50xas long as short
Nado NEAR-PERP+0.0393%1h4.3012+0.356%$1.7M$3.2M10xas long as short
Extended NEAR-USD+0.0536%1h4.2923+0.148%$3.6M$19.6M25xas long as short
SoDEX NEAR-USD+0.0590%1h4.3015+0.362%$6K$52K10xas long as short
Backpack NEAR_USDC_PERP+0.0664%1h4.3005+0.338%$1.3M$6.6M20xas long as short
Hyperliquid NEAR+0.0681%1h4.3032+0.401%$351.7M$308.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0735%1h4.3021+0.375%$7.4M$38.8M50xas long as short
01 Exchange NEARUSD+0.0752%1h4.3055+0.455%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.3090+0.537%$216K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.3023+0.380%$394K$1.3M10xas long as short
Lighter NEAR+0.0944%1h4.3056+0.457%$16.8M$25.1M15xas long as short
Phoenix NEAR+0.1033%1h4.2991+0.306%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1136%1h4.3047+0.436%$1.4M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.3035+0.409%$687K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1377%1h4.2922+0.144%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1472%1h4.3054+0.453%$1.9M$11.0M25xas long as short