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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0470%/8h= −51.4% APRnext payment $0.59 per $10,000 · paid last 24h +0.048%
Price spread now: GMX against Extended−0.410%7-day average +0.041% · 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)+0.247%+$25 on $10k
Price spread, last 4 days (all we have)+0.831%+$83 · spread now −0.410%, 7d avg +0.041%
Together, before fees+1.078%+ Points / potential airdropExtended: Active · farm board+$108 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and GMX is 0.451% cheaper against Extended than usual: you would sell low and buy high (−$45 if the spread goes back to its 7-day average of +0.041%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.247%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.33180.0664pay 0.0083% / 1h43m 32s$3.8M$19.8M25x
ShortGMX NEAR/USD [ETH-USDC]4.3140L +0.0320% / S −0.0194%get 0.0024% / 1h43m 32s$231K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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
−$98.67
Price spread: −0.410% → +0.041%
−$45.09
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
−$160.75
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 6 min ago; GMX: 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 Extended live order book, 6 min ago0.46 bp5.0 bp −$511.0 bp −$110827.8 bp −$82.8Kdoesn't fit
Sell GMX no order-book sample
GMX: 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%1h4.3355+0.085%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3308−0.024%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3139−0.413%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.405%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3225−0.215%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3360+0.097%$108K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3410+0.212%$266.3M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3350+0.074%$216.0M$427.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3370+0.120%$61.7M$291.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3400+0.189%$247K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3315−0.007%$31.7M$60.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3360+0.097%$73.7M$144.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3350+0.074%$53.9M$46.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3336+0.041%$71.1M$128.8M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3320+0.004%$146.2Mas long as short
Variational Omni NEAR+0.0100%8h4.3397+0.183%$8.4M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3444+0.290%$254K$950K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3214−0.240%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3100−0.503%$166K$799K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3398+0.184%$262K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3186−0.305%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3240−0.180%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3290−0.065%$459K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3230−0.203%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3306−0.028%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3198−0.277%$201K$37K3xas long as short
Kalshi KXNEARPERP+0.0138%8h4.3184−0.310%$652K$23.1M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.3260−0.134%$13.7M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3342+0.055%$412K$1.2M10xas long as short
Aster NEARUSDT+0.0309%8h4.3328+0.023%$2.9M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]shortL +0.0320% / S −0.0194%1h4.3140−0.410%$231K100x
SoDEX NEAR-USD+0.0408%1h4.3165−0.353%$8K$49K10xas long as short
Backpack NEAR_USDC_PERP+0.0485%1h4.3294−0.056%$1.3M$6.5M20xas long as short
01 Exchange NEARUSD+0.0520%1h4.3423+0.242%$13K$7K10xas long as short
Hyperliquid NEAR+0.0603%1h4.3369+0.118%$356.1M$320.1M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3420+0.235%$213K$1.6M10xas long as short
Extended NEAR-USDlong+0.0664%1h4.3318long leg$3.8M$19.8M25x
Nado NEAR-PERP+0.0697%1h4.3380+0.143%$1.8M$3.1M10xas long as short
Kraken Futures PF_NEARUSD+0.0714%1h4.3160−0.365%$7.6M$39.8M50xas long as short
Lighter RH NEAR+0.0856%1h4.3387+0.159%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3717+0.921%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1144%1h4.3402+0.195%$17.5M$24.9M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3430+0.259%$627K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1583%1h4.3419+0.233%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1929%1h4.3241−0.178%$2.0M$8.8M25xas long as short