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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Orderly+0.100%7-day average +0.137% · 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+0.046%+$5 on $10k
Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.100%, 7d avg +0.137%
Together, before fees+0.093%+$9 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: SunX is 0.038% cheaper against Orderly than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NEAR_USDC4.51550.0100pay 0.0100% / 8h6h 56m$59K$269K20x
ShortSunX NEAR-USDT4.52000.0100get 0.0100% / 8h6h 56m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.100% → +0.137%
−$3.76
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$17.76
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago31.76 bp82.2 bp −$82doesn't fitdoesn't fitdoesn't fit
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%1h4.5098−0.126%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0140%1h4.5091−0.141%$7.4M$38.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.5021−0.296%$110K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5437+0.625%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.294%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5080−0.166%$119K$521K50xas long as short
Aster NEARUSDT+0.0100%8h4.5117−0.084%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.5105−0.111%$274.0M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5076−0.175%$234.3M$435.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.5060−0.210%$64.2M$308.5M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.5140−0.033%$233K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5308+0.338%$261K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5115−0.089%$38.7M$61.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5120−0.078%$81.9M$162.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5110−0.100%$53.6M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5104−0.113%$74.5M$128.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.5170+0.033%$82.8Mas long as short
Variational Omni NEAR+0.0100%8h4.5317+0.358%$9.4M$17.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.5378+0.495%$268K$880K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5362+0.459%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5390+0.520%$169K$826K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5085−0.155%$281K$4.0M10xas long as short
Orderly PERP_NEAR_USDClong+0.0100%8h4.5155long leg$59K$269K20x
SunX NEAR-USDTshort+0.0100%8h4.5200+0.100%$2K$1.3M20x
SoDEX NEAR-USD+0.0100%1h4.5145−0.022%$5K$44K10xas long as short
Phemex NEARUSDT+0.0100%8h4.5090−0.144%$3.5M$8.0M50xas long as short
Extended NEAR-USD+0.0104%1h4.5132−0.051%$3.7M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5166+0.025%$210K$38K3xas long as short
Paradex NEAR-USD-PERP+0.0109%8h4.5129−0.058%$33K$41310xas long as short
Kalshi KXNEARPERP+0.0124%8h4.5153−0.004%$834K$25.5M2.2xas long as short
HTX NEAR-USDT+0.0161%8h4.5140−0.033%$476K$3.8M75xas long as short
BloFin NEAR-USDT+0.0220%8h4.5380+0.498%$12.8M$33.4M75xas long as short
Hyperliquid NEAR+0.0244%1h4.5147−0.018%$366.6M$322.0M10xas long as short
01 Exchange NEARUSD+0.0248%1h4.5071−0.186%$13K$5K10xas long as short
Lighter NEAR+0.0336%1h4.5181+0.058%$17.7M$23.4M15xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0235%1h4.5121−0.076%$259K100xas long as short
Coinbase International NEAR-PERP-INTX+0.0520%1h4.5182+0.060%$2.3M$18.0M50xas long as short
RISEx NEAR/USDC+0.0569%1h4.5086−0.152%$645K$1.6M10xas long as short
Lighter RH NEAR+0.0592%1h4.5135−0.044%$1.6M$6.0M10xas long as short
Phoenix NEAR+0.0740%1h4.5602+0.990%$1.8M$2.2M10xas long as short
Nado NEAR-PERP+0.0761%1h4.5115−0.089%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0782%1h4.5325+0.376%$1.1M$7.2M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0836%1h4.5171+0.035%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.0883%1h4.5151−0.009%$426K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1266%1h4.5287+0.293%$6K$7K10xas long as short