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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.036%
Price spread now: SoDEX against BloFin−0.204%56s7-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 SoDEX is 0.204% cheaper against BloFin 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. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.41700.0220pay 0.0220% / 8h4h 11m$13.8M$32.8M75x
ShortSoDEX NEAR-USD4.40800.0176get 0.0022% / 1h11m 35s$8K$52K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against BloFin. 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
−$9.15
Price spread: −0.204% → 0.000%
−$20.38
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$49.53
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 2 min ago; SoDEX: 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 BloFin live order book, 2 min ago4.53 bp10.5 bp −$1117.6 bp −$17633.1 bp −$3,30982.3 bp −$41.1K
Sell SoDEX no order-book sample
SoDEX: 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%1h4.4071−0.224%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4127−0.097%$2.2M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4091−0.180%$109K$69K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4155−0.034%$620K$22.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4078−0.207%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.249%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4150−0.045%$113K$517K50xas long as short
Pacifica NEAR+0.0100%1h4.4135−0.080%$420K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4144−0.058%$272.0M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4080−0.204%$222.0M$424.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4060−0.249%$63.0M$297.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4054−0.262%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4065−0.238%$32.1M$64.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4130−0.091%$75.0M$150.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4140−0.068%$54.9M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4081−0.201%$72.4M$130.0M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4090−0.181%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.4137−0.074%$8.6M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.4159−0.025%$265K$980K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4070−0.226%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4090−0.181%$170K$801K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4132−0.086%$244K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4109−0.138%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.41700.000%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4180+0.023%$457K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4150−0.045%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4085−0.192%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4130−0.092%$205K$40K3xas long as short
SoDEX NEAR-USDshort+0.0176%1h4.4080−0.204%$8K$52K10x
BloFin NEAR-USDTlong+0.0220%8h4.4170long leg$13.8M$32.8M75x
Aster NEARUSDT+0.0310%8h4.4145−0.057%$3.0M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0321% / S −0.0190%1h4.4080−0.203%$234K100xas long as short
Backpack NEAR_USDC_PERP+0.0335%1h4.4145−0.057%$1.3M$6.5M20xas long as short
01 Exchange NEARUSD+0.0344%1h4.4205+0.079%$13K$7K10xas long as short
Hyperliquid NEAR+0.0381%1h4.4157−0.031%$364.2M$325.0M10xas long as short
Extended NEAR-USD+0.0448%1h4.4066−0.236%$3.9M$19.7M25xas long as short
Nado NEAR-PERP+0.0549%1h4.4065−0.238%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4150−0.045%$218K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0589%1h4.4107−0.142%$8.1M$39.6M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0612%1h4.4110−0.136%$2.0M$7.3M25xas long as short
Lighter RH NEAR+0.0688%1h4.4187+0.038%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4173+0.007%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.4150−0.046%$593K$1.4M10xas long as short
Lighter NEAR+0.0976%1h4.4203+0.074%$17.8M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1577%1h4.4148−0.050%$5K$12K10xas long as short