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+0.0124%/8h= +13.5% APRnext payment +$0.15 per $10,000 · paid last 24h +0.031%
Price spread now: Aevo against gTrade (Gains Network)+0.040%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3223.222% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.104%+$10 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.040%, 7d avg +0.016%
Together, before fees+0.047%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aevo is 0.024% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.3148L +0.0004% / S −0.0006%pay 0.0001% / 1h34m 39s$161K150x
ShortAevo NEAR-PERP4.31650.0128get 0.0016% / 1h34m 39s$201K$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$25.97
Price spread: +0.040% → +0.016%
$2.38
Slippage, 4 orders
−$296.25
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$293.89
Costs to cover
3.222%
Break-even
86.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 4 min ago; Aevo: live order book, 4 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 gTrade (Gains Network) virtual book (oracle venue), 4 min ago130.01 bp135.0 bp −$135875.9 bp −$8,7599405.5 bp −$940.6Kdoesn't fit
Sell Aevo live order book, 4 min ago10.41 bp25.0 bp −$25doesn'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%1h4.3147−0.004%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3109−0.090%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0006%1h4.3148long leg$161K150x
Kraken Futures PF_NEARUSD+0.0017%1h4.3140−0.019%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.029%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3200+0.120%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3180+0.073%$218.0M$430.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3180+0.073%$60.7M$291.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3160+0.027%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3122−0.061%$35.2M$62.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3110−0.089%$52.2M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3119−0.068%$71.4M$128.1M75xas long as short
Variational Omni NEAR+0.0100%8h4.3217+0.158%$8.7M$18.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.3097−0.119%$250K$899K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3207+0.136%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3080−0.158%$164K$815K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3214+0.152%$283K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3164+0.036%$57K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3280+0.305%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3165+0.039%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3180+0.073%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3129−0.044%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3158+0.023%$3.6M$17.2M25xas long as short
HTX NEAR-USDT+0.0125%8h4.3340+0.444%$461K$3.8M75xas long as short
Aevo NEAR-PERPshort+0.0128%1h4.3165+0.040%$201K$38K3x
Kalshi KXNEARPERP+0.0183%8h4.3208+0.138%$935K$25.2M2.2xas long as short
Binance NEARUSDT+0.0191%8h4.3194+0.105%$262.2M$1.09B75xas long as short
Aster NEARUSDT+0.0192%8h4.3188+0.092%$2.7M$4.8M50xas long as short
MEXC NEAR_USDT+0.0193%8h4.3120−0.066%$83.2M$150.7M200xas long as short
BingX NEAR-USDT+0.0199%8h4.3150+0.004%$145.1Mas long as short
Hyperliquid NEAR+0.0216%1h4.3135−0.031%$348.0M$315.4M10xas long as short
01 Exchange NEARUSD+0.0248%1h4.3214+0.152%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0313%8h4.3190+0.097%$13.3M$31.8M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0204%1h4.3148−0.002%$232K100xas long as short
Backpack NEAR_USDC_PERP+0.0397%1h4.3187+0.090%$1.1M$7.0M20xas long as short
Nado NEAR-PERP+0.0448%1h4.3160+0.027%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3206+0.134%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0504%1h4.3165+0.039%$1.5M$6.6M10xas long as short
Arcus NEAR-USD+0.0638%1h4.3200+0.120%$226K$1.6M10xas long as short
Lighter NEAR+0.0672%1h4.3154+0.013%$17.0M$25.1M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0724%1h4.3179+0.071%$1.9M$13.2M25xas long as short
Pacifica NEAR+0.0949%1h4.3118−0.071%$406K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3179+0.071%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3199+0.117%$599K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1247%1h4.3230+0.190%$5K$7K10xas long as short