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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.045%
Price spread now: Extended against dYdX+0.110%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1481.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.200%+$20 on $10k
Price spread, last 4 days (all we have)−0.188%−$19 · spread now +0.110%, 7d avg −0.041%
Together, before fees+0.012%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.151% dearer against dYdX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX NEAR-USD4.41610get 0.0000% / 1h25m 46s$109K$68K10x
ShortExtended NEAR-USD4.42090.0184get 0.0023% / 1h25m 46s$3.7M$18.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$38.64
Price spread: +0.110% → −0.041%
$15.08
Slippage, 4 orders
−$132.79
Fee dYdX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$94.08
Costs to cover
1.478%
Break-even
24.0 days
Slippage from dYdX: live order book, 18 min ago; Extended: live order book, 3 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, 18 min ago63.44 bp68.4 bp −$6868.4 bp −$684113.0 bp −$11.3K474.4 bp −$237.2K
Sell Extended live order book, 3 min ago0.23 bp7.0 bp −$718.1 bp −$181doesn'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%1h4.4187+0.058%$2K20xas long as short
dYdX NEAR-USDlong0.0000%1h4.4161long leg$109K$68K10x
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4186+0.056%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.229%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4180+0.043%$112K$491K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4230+0.156%$224.2M$433.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4250+0.202%$62.6M$297.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4350+0.428%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4199+0.086%$35.4M$61.6M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4230+0.156%$53.6M$46.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4129−0.072%$72.5M$127.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.4187+0.059%$8.8M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4018−0.323%$257K$914K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4010−0.342%$166K$805K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4212+0.116%$293K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4220+0.134%$59K$236K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4250+0.202%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4370+0.473%$465K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4240+0.179%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0105%8h4.4160−0.002%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0113%8h4.4260+0.224%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4235+0.167%$206K$38K3xas long as short
Extended NEAR-USDshort+0.0184%1h4.4209+0.110%$3.7M$18.4M25x
SoDEX NEAR-USD+0.0190%1h4.4205+0.100%$5K$52K10xas long as short
BingX NEAR-USDC+0.0193%8h4.4200+0.088%$6.7Mas long as short
MEXC NEAR_USDT+0.0201%8h4.4270+0.247%$80.5M$148.8M200xas long as short
Binance NEARUSDT+0.0205%8h4.4222+0.137%$269.8M$1.08B75xas long as short
Kalshi KXNEARPERP+0.0254%8h4.4212+0.116%$1.0M$25.0M2.2xas long as short
Aster NEARUSDT+0.0304%8h4.4176+0.035%$2.8M$5.0M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0198%1h4.3978−0.414%$234K100xas long as short
BloFin NEAR-USDT+0.0321%8h4.4060−0.229%$13.7M$32.5M75xas long as short
Backpack NEAR_USDC_PERP+0.0412%1h4.4276+0.260%$1.4M$6.8M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4267+0.240%$2.3M$16.8M50xas long as short
01 Exchange NEARUSD+0.0440%1h4.4213+0.118%$13K$7K10xas long as short
Hyperliquid NEAR+0.0463%1h4.4192+0.070%$360.6M$315.1M10xas long as short
Nado NEAR-PERP+0.0596%1h4.4173+0.027%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0660%1h4.4194+0.074%$7.3M$38.3M50xas long as short
Lighter NEAR+0.0832%1h4.4267+0.239%$17.4M$25.2M15xas long as short
Arcus NEAR-USD+0.0880%1h4.4200+0.088%$224K$1.6M10xas long as short
Lighter RH NEAR+0.0920%1h4.4274+0.256%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4297+0.308%$1.8M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1085%1h4.4247+0.195%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.1187%1h4.4204+0.097%$422K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1253%1h4.4200+0.089%$5K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4229+0.153%$665K$1.4M10xas long as short