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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.029%
Price spread now: dYdX against Orderly+0.181%7-day average −0.023% · you sell dearer than you buy
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 7 days−0.154%−$15 on $10k
Price spread, last 4 days (all we have)−0.273%−$27 · spread now +0.181%, 7d avg −0.023%
Together, before fees−0.427%−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.204% dearer against Orderly than usual: you sell high and buy low (spread +0.181% now, against its 7-day average of −0.023%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.32080.0100pay 0.0100% / 8h46m 03s$58K$235K20x
ShortdYdX NEAR-USD4.32860get 0.0000% / 1h46m 03s$107K$68K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Orderly. 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
−$21
Price spread: +0.181% → −0.023%
$20.42
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$16.58
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 58 min ago. 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 Orderly no order-book sample
Sell dYdX live order book, 58 min ago63.44 bp68.4 bp −$6868.4 bp −$684149.0 bp −$14.9K508.3 bp −$254.1K
Orderly: 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%1h4.3281+0.169%$2K20xas long as short
dYdX NEAR-USDshort0.0000%1h4.3286+0.181%$107K$68K10x
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3178−0.069%$162K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3196−0.027%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.161%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3300+0.213%$106K$492K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3173−0.081%$217.7M$430.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3160−0.111%$60.7M$290.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3597+0.900%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3165−0.100%$35.3M$61.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3210+0.005%$52.3M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3171−0.086%$71.5M$128.0M75xas long as short
Variational Omni NEAR+0.0100%8h4.3467+0.598%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3475+0.619%$252K$899K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3486+0.644%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3680+1.092%$165K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3301+0.215%$283K$4.1M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.3208long leg$58K$235K20x
SunX NEAR-USDT+0.0100%8h4.3360+0.352%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3220+0.028%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3200−0.019%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3294+0.199%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3163−0.104%$3.6M$17.5M25xas long as short
HTX NEAR-USDT+0.0106%8h4.3360+0.352%$461K$3.8M75xas long as short
Aevo NEAR-PERP+0.0136%1h4.3185−0.053%$201K$38K3xas long as short
Kalshi KXNEARPERP+0.0201%8h4.3283+0.174%$955K$25.1M2.2xas long as short
BingX NEAR-USDT+0.0206%8h4.3190−0.042%$145.0Mas long as short
Binance NEARUSDT+0.0211%8h4.3206−0.004%$262.0M$1.09B75xas long as short
MEXC NEAR_USDT+0.0213%8h4.3190−0.042%$79.6M$149.3M200xas long as short
Aster NEARUSDT+0.0224%8h4.3222+0.032%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0202%1h4.3262+0.125%$232K100xas long as short
BloFin NEAR-USDT+0.0334%8h4.3330+0.282%$13.2M$32.0M75xas long as short
01 Exchange NEARUSD+0.0352%1h4.3324+0.268%$13K$7K10xas long as short
Hyperliquid NEAR+0.0404%1h4.3200−0.019%$349.2M$316.5M10xas long as short
Nado NEAR-PERP+0.0431%1h4.3258+0.117%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0467%1h4.3207−0.002%$1.2M$7.0M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3289+0.187%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0600%1h4.3243+0.081%$1.5M$6.6M10xas long as short
Arcus NEAR-USD+0.0638%1h4.3330+0.282%$226K$1.6M10xas long as short
Lighter NEAR+0.0760%1h4.3271+0.146%$17.1M$25.0M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0815%1h4.3227+0.044%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.0949%1h4.3324+0.268%$408K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3746+1.245%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3319+0.257%$632K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1303%1h4.3410+0.467%$5K$7K10xas long as short