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 0.000%
Price spread now: edgeX against MEXC−1.400%98s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.287% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+1.354%+$135 · spread now −1.400%, 7d avg +0.018%
Together, before fees+1.394%+ Points / potential airdropedgeX: Active · farm board+$139 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 1.417% cheaper against MEXC than usual: you would sell low and buy high, −$142 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NEAR_USDT4.38500.0100pay 0.0100% / 8h6h 33m$76.2M$138.6M200x
ShortedgeX NEARUSDC4.32360.0100get 0.0050% / 4h2h 33m$260K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
Price spread: −1.400% → +0.018%
−$141.73
Slippage, 4 orders
−$19.73
Fee MEXC: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$170.47
Costs to cover
0.287%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; edgeX: 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 MEXC live order book, 5 min ago1.15 bp1.5 bp −$26.3 bp −$6346.3 bp −$4,63494.2 bp −$47.1K
Sell edgeX live order book, 5 min ago8.08 bp13.1 bp −$1339.8 bp −$398doesn't fitdoesn't fit

NEAR on 44 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%1h4.3914+0.147%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3820−0.068%$2.2M$13.8M50xas long as short
dYdX NEAR-USD0.0000%1h4.3833−0.039%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3848−0.005%$542K$19.6M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3909+0.135%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.564%$578$302K12xas long as short
Variational Omni NEAR+0.0052%8h4.3548−0.688%$8.3M$19.1Mas long as short
Popdex NEARUSDT+0.0096%1h4.3840−0.023%$117K$479K50xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3869+0.043%$59K$163K20xas long as short
Pacifica NEAR+0.0100%1h4.3870+0.045%$415K$1.2M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.3880+0.068%$262.2M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3848−0.005%$223.1M$419.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.38500.000%$62.0M$285.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3870+0.046%$208K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3449−0.914%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3866+0.036%$31.6M$61.1M75xas long as short
MEXC NEAR_USDTlong+0.0100%8h4.3850long leg$76.2M$138.6M200x
KuCoin NEARUSDTM+0.0100%8h4.3880+0.068%$56.2M$42.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.38500.000%$72.5M$124.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3880+0.068%$142.8Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.3236−1.400%$260K$1.0M20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3339−1.164%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3400−1.026%$180K$775K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3926+0.173%$215K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3910+0.137%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3830−0.046%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4050+0.456%$455K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3840−0.023%$3.9M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3840−0.023%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3843−0.015%$3.9M$17.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3881+0.070%$204K$34K3xas long as short
Aster NEARUSDT+0.0129%8h4.3910+0.137%$3.1M$5.8M50xas long as short
Kraken Futures PF_NEARUSD+0.0216%1h4.3852+0.005%$7.7M$40.3M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0361% / S −0.0278%1h4.3901+0.117%$263K100xas long as short
01 Exchange NEARUSD+0.0376%1h4.3874+0.055%$13K$7K10xas long as short
Nado NEAR-PERP+0.0409%1h4.3885+0.080%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0509%1h4.3870+0.045%$547K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.3434−0.949%$1.8M$2.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0594%1h4.3884+0.078%$1.9M$4.1M25xas long as short
Lighter RH NEAR+0.0696%1h4.3900+0.114%$1.6M$6.9M10xas long as short
Hyperliquid NEAR+0.0784%1h4.3935+0.194%$368.7M$303.9M10xas long as short
Backpack NEAR_USDC_PERP+0.0839%1h4.3915+0.148%$1.4M$6.0M20xas long as short
Aftermath Perps NEARUSD+0.1427%1h4.3483−0.838%$5K$12K10xas long as short
Lighter NEAR+0.1480%1h4.3941+0.208%$17.5M$24.8M15xas long as short