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+0.0100%/8h= +10.9% APRpaid last 24h +0.029%
Price spread now: edgeX against dYdX−0.073%51s7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1611.610% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.204%+$20 on $10k
Price spread, last 4 days (all we have)+0.809%+$81 · spread now −0.073%, 7d avg +0.070%
Together, before fees+1.014%+ Points / potential airdropedgeX: Active · farm board+$101 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.143% cheaper against dYdX than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of +0.070%). If the spread goes back, that is −$14 on $10k: about 4.8 days of funding at the current rate (+$3 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX NEAR-USD4.35070get 0.0000% / 1h48m 06s$107K$68K10x
ShortedgeX NEARUSDC4.34750.0100get 0.0050% / 4h48m 06s$252K$899K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against dYdX. 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
$21
Price spread: −0.073% → +0.070%
−$14.34
Slippage, 4 orders
−$142.02
Fee dYdX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$154.37
Costs to cover
1.610%
Break-even
58.5 days
Slippage from dYdX: live order book, 56 min ago; edgeX: live order book, 46 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 dYdX live order book, 56 min ago63.44 bp68.4 bp −$6868.4 bp −$684113.0 bp −$11.3K474.4 bp −$237.2K
Sell edgeX live order book, 46 min ago6.77 bp11.8 bp −$1229.0 bp −$290doesn'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%1h4.3497−0.023%$2K20xas long as short
dYdX NEAR-USDlong0.0000%1h4.3507long leg$107K$68K10x
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3490−0.041%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3492−0.035%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.821%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3450−0.132%$106K$492K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3507−0.001%$219.4M$430.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3480−0.063%$61.1M$292.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3597+0.206%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3501−0.014%$35.5M$61.8M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3550+0.098%$52.7M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3486−0.049%$72.0M$128.0M75xas long as short
Variational Omni NEAR+0.0100%8h4.3467−0.094%$8.6M$18.7Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.3475−0.073%$252K$899K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3486−0.048%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3500−0.017%$164K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3504−0.008%$282K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3524+0.038%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3560+0.121%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3520+0.029%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3530+0.052%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3522+0.033%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3493−0.032%$3.6M$17.5M25xas long as short
HTX NEAR-USDT+0.0104%8h4.3600+0.213%$454K$3.8M75xas long as short
Aevo NEAR-PERP+0.0136%1h4.3530+0.052%$202K$38K3xas long as short
BingX NEAR-USDT+0.0204%8h4.3490−0.040%$144.9Mas long as short
Kalshi KXNEARPERP+0.0205%8h4.3489−0.042%$956K$25.2M2.2xas long as short
MEXC NEAR_USDT+0.0216%8h4.3510+0.006%$80.6M$149.1M200xas long as short
Binance NEARUSDT+0.0217%8h4.3470−0.086%$264.1M$1.09B75xas long as short
Aster NEARUSDT+0.0232%8h4.3488−0.045%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0202%1h4.3478−0.068%$233K100xas long as short
BloFin NEAR-USDT+0.0337%8h4.3670+0.374%$13.4M$32.2M75xas long as short
01 Exchange NEARUSD+0.0360%1h4.3462−0.104%$13K$7K10xas long as short
Nado NEAR-PERP+0.0409%1h4.3469−0.087%$1.7M$3.2M10xas long as short
Hyperliquid NEAR+0.0460%1h4.3533+0.059%$352.2M$315.9M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3522+0.034%$2.3M$16.9M50xas long as short
Backpack NEAR_USDC_PERP+0.0505%1h4.3524+0.038%$1.2M$6.9M20xas long as short
Arcus NEAR-USD+0.0638%1h4.3520+0.029%$229K$1.6M10xas long as short
Lighter RH NEAR+0.0664%1h4.3595+0.202%$1.5M$6.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0715%1h4.3550+0.098%$1.9M$13.0M25xas long as short
Lighter NEAR+0.0856%1h4.3595+0.203%$17.2M$24.9M15xas long as short
Pacifica NEAR+0.0949%1h4.3518+0.024%$410K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3382−0.288%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3486−0.049%$637K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1301%1h4.3484−0.053%$5K$7K10xas long as short