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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against KuCoin−1.079%83s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$590.593% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days+1.043%+$104 · spread now −1.079%, 7d avg −0.022%
Together, before fees+1.069%+ Points / potential airdropedgeX: Active · farm board+$107 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: edgeX is 1.057% cheaper against KuCoin than usual: you would sell low and buy high, −$106 on $10k if it goes back to its 7-day average of −0.022%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NEARUSDTM4.47000.0100pay 0.0100% / 8h7h 20m$53.7M$45.4M75x
ShortedgeX NEARUSDC4.42180.0100get 0.0050% / 4h3h 20m$256K$894K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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: −1.079% → −0.022%
−$105.67
Slippage, 4 orders
−$38.34
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$165.01
Costs to cover
0.593%
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; edgeX: 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 KuCoin live order book, 9 min ago1.14 bp14.1 bp −$1425.9 bp −$259112.4 bp −$11.2Kdoesn't fit
Sell edgeX live order book, 4 min ago6.78 bp11.9 bp −$1229.0 bp −$290doesn'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
Kraken Futures PF_NEARUSD−0.0423%1h4.4672−0.063%$7.4M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4589−0.249%$2K20xas long as short
Phemex NEARUSDT−0.0150%8h4.4660−0.089%$3.6M$7.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.4489−0.473%$109K$65K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0009%1h4.4610−0.202%$149K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.360%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4520−0.403%$123K$501K50xas long as short
Aster NEARUSDT+0.0100%8h4.4661−0.088%$2.8M$4.6M50xas long as short
Binance NEARUSDT+0.0100%8h4.4696−0.009%$269.4M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4661−0.087%$225.3M$426.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4650−0.112%$62.8M$300.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.4520−0.403%$225K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3750−2.125%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4659−0.092%$37.6M$62.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4660−0.089%$90.7M$160.4M200xas long as short
KuCoin NEARUSDTMlong+0.0100%8h4.4700long leg$53.7M$45.4M75x
Bitget NEARUSDT+0.0100%8h4.4648−0.116%$73.7M$127.4M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4660−0.089%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.4199−1.122%$9.2M$18.1Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.4218−1.079%$256K$894K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.4259−0.987%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4220−1.074%$166K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4575−0.280%$278K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4666−0.076%$57K$238K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4740+0.089%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4685−0.034%$5K$49K10xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.4490−0.469%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.4644−0.125%$3.7M$15.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4670−0.067%$208K$38K3xas long as short
Kalshi KXNEARPERP+0.0137%8h4.4571−0.289%$905K$25.5M2.2xas long as short
Nado NEAR-PERP+0.0213%1h4.4625−0.168%$1.7M$3.2M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4310−0.872%$12.7M$32.6M75xas long as short
Hyperliquid NEAR+0.0293%1h4.4713+0.029%$363.4M$316.3M10xas long as short
01 Exchange NEARUSD+0.0320%1h4.4541−0.356%$13K$6K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0357% / S −0.0259%1h4.4572−0.286%$261K100xas long as short
Lighter RH NEAR+0.0448%1h4.4733+0.074%$1.6M$6.5M10xas long as short
Lighter NEAR+0.0480%1h4.4694−0.014%$17.6M$24.0M15xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.4658−0.094%$2.3M$17.5M50xas long as short
HTX NEAR-USDT+0.0497%8h4.4750+0.112%$473K$3.7M75xas long as short
Backpack NEAR_USDC_PERP+0.0555%1h4.4732+0.072%$1.1M$7.1M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.4622−0.175%$603K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.4485−0.480%$419K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.4057−1.438%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1007%1h4.4120−1.298%$6K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.2930%1h4.4792+0.206%$2.0M$13.1M25xas long as short