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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0520%/8h= −56.9% APRnext payment $0.65 per $10,000 · paid last 24h −0.157%
Price spread now: Reya against GMX+0.079%7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Reya is 0.079% dearer against GMX than usual: you sell high and buy low (spread +0.079% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 12 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX NEAR/USD [ETH-USDC]4.3643L +0.0349% / S −0.0244%pay 0.0044% / 1h49m 57s$257K100x
ShortReya NEARRUSDPERP4.3678−0.0171pay 0.0021% / 1h49m 57s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against GMX. 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
−$109.14
Price spread: +0.079% → 0.000%
$7.89
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
−$119.25
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Reya: 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 GMX no order-book sample
Sell Reya no order-book sample
GMX and Reya: 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 44 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 NEARRUSDPERPshort−0.0171%1h4.3678+0.079%$2K20x
Coinbase International NEAR-PERP-INTX−0.0016%1h4.3651+0.018%$2.2M$14.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.3816+0.397%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3747+0.238%$545K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3659+0.035%$198K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.117%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3780+0.313%$115K$484K50xas long as short
Pacifica NEAR+0.0100%1h4.3876+0.532%$414K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3700+0.130%$265.3M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3670+0.061%$220.7M$416.7M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3660+0.038%$62.2M$288.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3657+0.031%$249K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3681+0.086%$31.4M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3730+0.199%$75.5M$139.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3700+0.130%$54.5M$44.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3670+0.061%$71.7M$126.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3690+0.107%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3926+0.649%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3800+0.360%$268K$994K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3770+0.290%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3790+0.336%$195K$778K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3788+0.332%$205K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3685+0.096%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3700+0.130%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3675+0.073%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3800+0.359%$458K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3690+0.107%$3.8M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3858+0.493%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3658+0.035%$3.8M$18.5M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3691+0.110%$203K$34K3xas long as short
Aster NEARUSDT+0.0202%8h4.3720+0.176%$3.0M$5.5M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0231%1h4.3689+0.105%$1.9M$4.3M25xas long as short
GMX NEAR/USD [ETH-USDC]longL +0.0349% / S −0.0244%1h4.3643long leg$257K100x
Nado NEAR-PERP+0.0378%1h4.3730+0.199%$1.9M$3.0M10xas long as short
01 Exchange NEARUSD+0.0408%1h4.3787+0.329%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.3850+0.474%$209K$1.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0670%1h4.3717+0.169%$1.4M$6.4M20xas long as short
Kraken Futures PF_NEARUSD+0.0705%1h4.3690+0.107%$8.1M$41.0M50xas long as short
Lighter RH NEAR+0.0776%1h4.3746+0.235%$1.6M$6.9M10xas long as short
Hyperliquid NEAR+0.0789%1h4.3751+0.247%$368.6M$304.4M10xas long as short
Phoenix NEAR+0.0855%1h4.3944+0.689%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.3824+0.413%$552K$1.3M10xas long as short
Lighter NEAR+0.1040%1h4.3791+0.338%$17.5M$25.6M15xas long as short
Aftermath Perps NEARUSD+0.1702%1h4.3779+0.311%$6K$12K10xas long as short