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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h −0.185%
Price spread now: edgeX against Hyperliquid−0.065%46s7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.442% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.379%−$38 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.065%, 7d avg −0.109%
Together, before fees−0.370%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.044% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.065% now, against its 7-day average of −0.109%): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid NEAR4.42760.0352pay 0.0044% / 1h16m 37s$365.2M$324.7M10x
ShortedgeX NEARUSDC4.42470.0100get 0.0050% / 4h16m 37s$265K$979K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Hyperliquid. 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
−$52.93
Price spread: −0.065% → −0.109%
$4.35
Slippage, 4 orders
−$26.2
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$92.78
Costs to cover
0.442%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; edgeX: live order book, 32 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 Hyperliquid live order book, 7 min ago1.13 bp6.5 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 32 min ago10.08 bp15.2 bp −$1535.7 bp −$357doesn'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%1h4.4159−0.265%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4266−0.023%$2.3M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4200−0.173%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4262−0.032%$599K$22.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4218−0.131%$166K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.473%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4180−0.217%$113K$519K50xas long as short
Pacifica NEAR+0.0100%1h4.4237−0.089%$420K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4250−0.059%$272.2M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4186−0.203%$222.4M$424.6M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4180−0.217%$63.0M$300.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4098−0.402%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4194−0.185%$32.2M$64.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4240−0.081%$74.9M$150.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4240−0.081%$54.8M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4186−0.203%$72.6M$130.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4180−0.217%$147.4Mas long as short
Variational Omni NEAR+0.0100%8h4.4057−0.495%$8.5M$18.2Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.4247−0.065%$265K$979K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.4281+0.011%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4180−0.217%$170K$802K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4191−0.192%$246K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4249−0.061%$57K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4360+0.190%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4300+0.054%$459K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4260−0.036%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4187−0.201%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4290+0.032%$206K$40K3xas long as short
SoDEX NEAR-USD+0.0164%1h4.4248−0.063%$8K$52K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4290+0.032%$13.8M$33.0M75xas long as short
Aster NEARUSDT+0.0309%8h4.4262−0.031%$3.0M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0321% / S −0.0190%1h4.4215−0.138%$234K100xas long as short
Backpack NEAR_USDC_PERP+0.0324%1h4.4263−0.029%$1.4M$6.5M20xas long as short
01 Exchange NEARUSD+0.0336%1h4.4221−0.124%$13K$7K10xas long as short
Hyperliquid NEARlong+0.0352%1h4.4276long leg$365.2M$324.7M10x
Extended NEAR-USD+0.0400%1h4.4164−0.254%$4.0M$19.7M25xas long as short
Nado NEAR-PERP+0.0543%1h4.4175−0.229%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4230−0.104%$219K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0587%1h4.4266−0.022%$8.2M$39.5M50xas long as short
Lighter RH NEAR+0.0656%1h4.4288+0.027%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4289+0.029%$1.8M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0903%1h4.4274−0.005%$2.0M$7.3M25xas long as short
RISEx NEAR/USDC+0.0926%1h4.4228−0.108%$592K$1.4M10xas long as short
Lighter NEAR+0.0960%1h4.4304+0.064%$17.9M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1566%1h4.4216−0.136%$5K$12K10xas long as short