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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.129%
Price spread now: Polymarket Perps against HTX−0.202%7-day average −0.230% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$610.612% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.599%−$60 on $10k
Price spread, last 4 days (all we have)−0.620%−$62 · spread now −0.202%, 7d avg −0.230%
Together, before fees−1.219%−$122 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.029% dearer against HTX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.230%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NEAR-USDT4.41600.0100pay 0.0100% / 8h4h 13m$457K$4.0M75x
ShortPolymarket Perps NEAR-USD4.40710.0100get 0.0013% / 1h13m 48s$243K$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against HTX. 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
$0
Price spread: −0.202% → −0.230%
$2.89
Slippage, 4 orders
−$41.17
Fee HTX: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$58.27
Costs to cover
0.612%
Break-even
never at this rate
Slippage from HTX: live order book, 5 min ago; Polymarket Perps: live order book, 5 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 HTX live order book, 5 min ago10.13 bp22.2 bp −$2259.4 bp −$594doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago1.47 bp8.8 bp −$914.4 bp −$144doesn'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%1h4.4050−0.250%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4097−0.143%$2.2M$15.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.4032−0.291%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4082−0.177%$619K$22.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4043−0.266%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.227%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4040−0.272%$113K$519K50xas long as short
Pacifica NEAR+0.0100%1h4.4063−0.220%$419K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4172+0.027%$271.7M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4132−0.063%$222.2M$425.2M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4140−0.045%$62.9M$299.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4054−0.239%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4102−0.131%$32.1M$64.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4140−0.045%$74.8M$150.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4150−0.023%$54.9M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4137−0.052%$72.5M$130.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4140−0.045%$147.4Mas long as short
Variational Omni NEAR+0.0100%8h4.4137−0.051%$8.6M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.4270+0.249%$266K$980K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4260+0.227%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4210+0.113%$170K$801K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.4071−0.202%$243K$3.9M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.4082−0.177%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.41600.000%$2K$1.4M20xas long as short
HTX NEAR-USDTlong+0.0100%8h4.4160long leg$457K$4.0M75x
Phemex NEARUSDT+0.0100%8h4.4100−0.136%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4037−0.279%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4095−0.147%$205K$40K3xas long as short
SoDEX NEAR-USD+0.0163%1h4.4055−0.238%$8K$52K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4190+0.068%$13.8M$32.9M75xas long as short
Aster NEARUSDT+0.0307%8h4.4075−0.192%$3.0M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0190%1h4.4043−0.265%$233K100xas long as short
Backpack NEAR_USDC_PERP+0.0331%1h4.4089−0.161%$1.3M$6.5M20xas long as short
01 Exchange NEARUSD+0.0336%1h4.4091−0.156%$13K$7K10xas long as short
Hyperliquid NEAR+0.0374%1h4.4204+0.100%$364.6M$324.9M10xas long as short
Extended NEAR-USD+0.0416%1h4.4097−0.143%$4.0M$19.7M25xas long as short
Nado NEAR-PERP+0.0552%1h4.4019−0.319%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4100−0.136%$218K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0589%1h4.4072−0.200%$8.1M$39.6M50xas long as short
Lighter RH NEAR+0.0672%1h4.4132−0.063%$1.5M$7.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0726%1h4.4087−0.165%$2.0M$7.3M25xas long as short
Phoenix NEAR+0.0794%1h4.4322+0.367%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.4093−0.153%$592K$1.4M10xas long as short
Lighter NEAR+0.0968%1h4.4233+0.166%$17.8M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1576%1h4.4142−0.041%$5K$12K10xas long as short