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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.091%
Price spread now: Aftermath Perps against Lighter−0.201%7-day average · you buy dearer than you sell
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 airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.201% cheaper against Lighter than usual: you would sell low and buy high (spread −0.201% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 8.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NEAR4.32470.1416pay 0.0177% / 1h40m 05s$17.3M$24.7M15x
ShortAftermath Perps NEARUSD4.31600.1499get 0.0187% / 1h40m 05s$5K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter. 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
$17.36
Price spread: −0.201% → 0.000%
−$20.08
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$11.72
Costs to cover
0.090%
Break-even
11.7 days
Slippage unknown: Lighter: live order book, 4 min ago; Aftermath Perps: 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 Lighter live order book, 4 min ago2.63 bp4.6 bp −$523.0 bp −$23079.1 bp −$7,905doesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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 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%1h4.2898−0.806%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3012−0.544%$2.1M$13.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.3049−0.459%$107K$69K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2986−0.604%$505K$19.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2941−0.709%$199K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.248%$578$302K12xas long as short
Variational Omni NEAR+0.0043%8h4.3108−0.321%$8.2M$19.1Mas long as short
Popdex NEARUSDT+0.0096%1h4.2910−0.780%$114K$478K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3049−0.458%$57K$161K20xas long as short
Pacifica NEAR+0.0100%1h4.3039−0.481%$407K$1.2M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.3054−0.446%$257.7M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3034−0.493%$218.7M$419.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3030−0.502%$60.8M$278.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2980−0.618%$204K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3300+0.122%$247K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3122−0.289%$30.9M$60.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3200−0.109%$75.5M$137.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3190−0.132%$55.5M$42.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3037−0.486%$71.3M$123.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3130−0.271%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3211−0.084%$259K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3386+0.321%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3250+0.006%$179K$776K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2901−0.801%$212K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3000−0.572%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3120−0.294%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3200−0.109%$440K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3190−0.132%$3.8M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3018−0.530%$31K$60810xas long as short
Aster NEARUSDT+0.0101%8h4.3066−0.420%$3.0M$5.8M50xas long as short
Extended NEAR-USD+0.0104%1h4.3095−0.352%$3.8M$17.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3052−0.452%$200K$34K3xas long as short
Kraken Futures PF_NEARUSD+0.0219%1h4.3172−0.174%$7.9M$39.9M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3220−0.063%$13.2M$27.6M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0358% / S −0.0278%1h4.2947−0.695%$257K100xas long as short
01 Exchange NEARUSD+0.0376%1h4.2929−0.736%$13K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0378%1h4.3053−0.449%$1.9M$4.1M25xas long as short
Nado NEAR-PERP+0.0450%1h4.2895−0.814%$1.9M$3.0M10xas long as short
RISEx NEAR/USDC+0.0509%1h4.2946−0.697%$536K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.3533+0.661%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0640%1h4.3196−0.118%$1.6M$6.9M10xas long as short
Hyperliquid NEAR+0.0753%1h4.3118−0.299%$362.4M$305.9M10xas long as short
Backpack NEAR_USDC_PERP+0.0772%1h4.3166−0.188%$1.4M$6.0M20xas long as short
Lighter NEARlong+0.1416%1h4.3247long leg$17.3M$24.7M15x
Aftermath Perps NEARUSDshort+0.1499%1h4.3160−0.201%$5K$12K10x