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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0004%/8hpaid last 24h +0.001%
Price spread now: Aevo against MEXC+0.159%56s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.537% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.159%, 7d avg +0.018%
Together, before fees+0.022%+$2 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: Aevo is 0.141% dearer against MEXC than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEAR_USDT4.13800.0100pay 0.0100% / 8h4h 21m$81.3M$145.7M200x
ShortAevo NEAR-PERP4.14460.0104get 0.0013% / 1h21m 26s$200K$66K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against MEXC. 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
$0.84
Price spread: +0.159% → +0.018%
$14.12
Slippage, 4 orders
−$37.71
Fee MEXC: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$38.75
Costs to cover
0.537%
Break-even
329.9 days
Slippage from MEXC: live order book, 2 min ago; Aevo: live order book, 11 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 MEXC live order book, 2 min ago1.21 bp2.6 bp −$33.5 bp −$3516.9 bp −$1,68638.8 bp −$19.4K
Sell Aevo live order book, 11 min ago10.94 bp24.1 bp −$24doesn't fitdoesn'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%1h4.1387+0.016%$2K20xas long as short
Extended NEAR-USD−0.0032%1h4.1453+0.176%$3.5M$14.1M25xas long as short
dYdX NEAR-USD0.0000%1h4.1482+0.246%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1514+0.324%$421K$20.1M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.1489+0.263%$1.8M$2.0M25xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1368−0.030%$201K150xas long as short
Coinbase International NEAR-PERP-INTX+0.0032%1h4.1481+0.244%$2.1M$12.7M50xas long as short
Popdex NEARUSDT+0.0096%1h4.1480+0.242%$105K$499K50xas long as short
Binance NEARUSDT+0.0100%8h4.1366−0.035%$238.4M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1337−0.104%$207.5M$429.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.1340−0.097%$57.3M$286.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1470+0.217%$307K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1537+0.378%$238K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1412+0.077%$29.2M$56.5M75xas long as short
MEXC NEAR_USDTlong+0.0100%8h4.1380long leg$81.3M$145.7M200x
KuCoin NEARUSDTM+0.0100%8h4.1440+0.145%$57.6M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1410+0.072%$69.8M$127.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1350−0.072%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1325−0.133%$7.6M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1414+0.083%$263K$1.3M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1441+0.148%$1.4M$1.2M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1250−0.314%$112K$754K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1434+0.130%$220K$3.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1357−0.056%$52K$163K20xas long as short
SunX NEAR-USDT+0.0100%8h4.1500+0.290%$2K$1.5M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1435+0.133%$5K$45K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1430+0.121%$3.8M$8.5M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1459+0.191%$30K$2K10xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.1446+0.159%$200K$66K3x
Aster NEARUSDT+0.0104%8h4.1493+0.273%$2.8M$5.7M50xas long as short
Injective NEAR/USDC PERP+0.0120%1h4.1000−0.918%$572$150K12xas long as short
01 Exchange NEARUSD+0.0200%1h4.1504+0.300%$12K$8K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1420+0.097%$12.6M$33.2M75xas long as short
Lighter RH NEAR+0.0232%1h4.1438+0.140%$1.4M$7.3M10xas long as short
Kraken Futures PF_NEARUSD+0.0241%1h4.1463+0.202%$7.4M$34.5M50xas long as short
Nado NEAR-PERP+0.0288%1h4.1400+0.048%$1.8M$3.9M10xas long as short
Pacifica NEAR+0.0319%1h4.1474+0.227%$439K$1.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0372% / S −0.0314%1h4.1385+0.012%$272K100xas long as short
RISEx NEAR/USDC+0.0378%1h4.1503+0.298%$397K$1.3M10xas long as short
Phoenix NEAR+0.0618%1h4.1535+0.375%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0640%1h4.1496+0.281%$15.4M$22.6M15xas long as short
Hyperliquid NEAR+0.0838%1h4.1477+0.234%$350.2M$305.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0955%1h4.1459+0.191%$1.4M$4.7M20xas long as short
Aftermath Perps NEARUSD+0.1105%1h4.1395+0.036%$5K$11K10xas long as short
HTX NEAR-USDT+0.1245%8h4.1690+0.749%$454K$4.1M75xas long as short