Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.1338%/8h= +146.5% APRpaid last 24h +0.309%

Price spread now: Aftermath Perps against OKX−0.228%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Aftermath Perps

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aftermath Perps is 0.228% cheaper against OKX than usual: you would sell low and buy high (spread −0.228% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 14 hours of funding at the current rate (+$40 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NEAR-USDT-SWAP	4.3310	0.0100	pay 0.0100% / 8h	6h 38m	$61.1M	$280.5M	50x
Short	Aftermath Perps NEARUSD	4.3211	0.1438	get 0.0180% / 1h	38m 32s	$5K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.228%Rate

Funding earned: $280.88
Price spread: −0.228% → 0.000%: −$22.76
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $239.11
Costs to cover: 0.190%
Break-even: 1.0 days

Slippage unknown: OKX: live order book, 6 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 6 min ago	1.16 bp	9.3 bp −$9	17.8 bp −$178	42.4 bp −$4,236	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.3298	−0.027%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3228	−0.189%	$2.1M	$13.5M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3310	+0.001%	$108K	$69K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3169	−0.326%	$514K	$19.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3241	−0.159%	$201K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−4.387%	$578	$302K	12x	as long as short
Variational Omni NEAR	+0.0043%	8h	4.3108	−0.466%	$8.2M	$19.1M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3290	−0.046%	$115K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3280	−0.069%	$57K	$161K	20x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3342	+0.073%	$410K	$1.2M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.3278	−0.075%	$258.6M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3236	−0.171%	$219.8M	$419.6M	75x	as long as short
OKX NEAR-USDT-SWAPlong	+0.0100%	8h	4.3310	long leg	$61.1M	$280.5M	50x
Arcus NEAR-USD	+0.0100%	1h	4.3340	+0.069%	$205K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3300	−0.023%	$247K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3308	−0.005%	$31.0M	$60.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3330	+0.046%	$75.8M	$137.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3310	0.000%	$55.6M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3309	−0.002%	$71.7M	$123.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3240	−0.162%	—	$142.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3211	−0.229%	$259K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3122	−0.434%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3250	−0.139%	$179K	$776K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3326	+0.037%	$214K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3390	+0.185%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3325	+0.035%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3410	+0.231%	$442K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3310	0.000%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3286	−0.055%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3275	−0.081%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3303	−0.016%	$202K	$34K	3x	as long as short
Aster NEARUSDT	+0.0112%	8h	4.3300	−0.024%	$3.0M	$5.8M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0218%	1h	4.3358	+0.110%	$7.9M	$39.9M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3220	−0.208%	$13.2M	$27.6M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0360% / S −0.0278%	1h	4.3250	−0.139%	$260K	—	100x	as long as short
01 Exchange NEARUSD	+0.0368%	1h	4.3339	+0.067%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0443%	1h	4.3290	−0.046%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3322	+0.027%	$542K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3150	−0.369%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0640%	1h	4.3384	+0.171%	$1.6M	$6.9M	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0743%	1h	4.3335	+0.058%	$1.9M	$4.1M	25x	as long as short
Hyperliquid NEAR	+0.0744%	1h	4.3365	+0.127%	$364.2M	$303.3M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0782%	1h	4.3388	+0.180%	$1.4M	$6.0M	20x	as long as short
Lighter NEAR	+0.1432%	1h	4.3390	+0.184%	$17.3M	$24.7M	15x	as long as short
Aftermath Perps NEARUSDshort	+0.1438%	1h	4.3211	−0.228%	$5K	$12K	10x