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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: SunX against BloFin−0.277%115s7-day average +0.138% · 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−0.195%−$19 on $10k
Price spread, last 3 days (all we have)+0.460%+$46 · spread now −0.277%, 7d avg +0.138%
Together, before fees+0.265%+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.416% cheaper against BloFin than usual: you would sell low and buy high (−$42 if the spread goes back to its 7-day average of +0.138%). Swap the legs. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.32600.0220pay 0.0220% / 8h6h 57m$13.2M$27.7M75x
ShortSunX NEAR-USDT4.31400.0100get 0.0100% / 8h6h 57m$1K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$25.2
Price spread: −0.277% → +0.138%
−$41.58
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$86.78
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 7 min ago; SunX: live order book, 7 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 BloFin live order book, 7 min ago1.16 bp7.2 bp −$713.9 bp −$13950.7 bp −$5,065125.5 bp −$62.7K
Sell SunX live order book, 7 min ago501.73 bpdoesn't fitdoesn'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%1h4.2914−0.799%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3146−0.264%$2.2M$13.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.2982−0.643%$111K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3241−0.044%$392K$18.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2881−0.877%$156K150xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0007%1h4.2892−0.851%$1.9M$4.0M25xas long as short
Variational Omni NEAR+0.0016%8h4.2957−0.699%$8.2M$18.8Mas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.276%$578$302K12xas long as short
Phemex NEARUSDT+0.0082%8h4.2860−0.925%$3.8M$8.3M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3000−0.601%$115K$474K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0099%8h4.2876−0.888%$57K$162K20xas long as short
Aster NEARUSDT+0.0100%8h4.3087−0.401%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.3043−0.503%$405K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2931−0.761%$256.3M$1.05B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2870−0.902%$218.1M$417.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2840−0.971%$60.4M$275.1M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3060−0.462%$204K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3162−0.226%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2927−0.770%$30.8M$59.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2920−0.786%$74.5M$135.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2940−0.740%$55.3M$42.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2826−1.003%$70.8M$122.8M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2890−0.855%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3195−0.149%$259K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3258−0.004%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3230−0.069%$177K$776K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2979−0.650%$208K$3.5M10xas long as short
SunX NEAR-USDTshort+0.0100%8h4.3140−0.277%$1K$1.4M20x
SoDEX NEAR-USD+0.0100%1h4.2850−0.948%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2910−0.809%$448K$3.7M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3004−0.592%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.2815−1.030%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2853−0.940%$200K$31K3xas long as short
BloFin NEAR-USDTlong+0.0220%8h4.3260long leg$13.2M$27.7M75x
Kraken Futures PF_NEARUSD+0.0221%1h4.2868−0.906%$7.8M$37.8M50xas long as short
01 Exchange NEARUSD+0.0320%1h4.3001−0.599%$13K$7K10xas long as short
Nado NEAR-PERP+0.0382%1h4.2959−0.696%$1.9M$3.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0388% / S −0.0329%1h4.2874−0.892%$286K100xas long as short
Lighter RH NEAR+0.0488%1h4.3152−0.250%$1.6M$6.9M10xas long as short
Phoenix NEAR+0.0499%1h4.3191−0.160%$1.8M$2.5M10xas long as short
RISEx NEAR/USDC+0.0509%1h4.3053−0.478%$428K$1.2M10xas long as short
Hyperliquid NEAR+0.0811%1h4.3005−0.589%$364.2M$302.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0918%1h4.3221−0.090%$1.3M$5.9M20xas long as short
Lighter NEAR+0.1312%1h4.3194−0.153%$17.3M$24.3M15xas long as short
Aftermath Perps NEARUSD+0.1498%1h4.3145−0.266%$5K$12K10xas long as short