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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: ApeX Omni against Polymarket Perps+0.126%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$510.512% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.467%+$47 · spread now +0.126%, 7d avg +0.057%
Together, before fees+0.499%+$50 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: ApeX Omni is 0.069% dearer against Polymarket Perps than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NEAR-USD4.52830.0100pay 0.0013% / 1h43m 04s$192K$4.2M10x
ShortApeX Omni NEARUSDT4.53400.0100get 0.0013% / 1h43m 04s$170K$810K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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: +0.126% → +0.057%
$6.9
Slippage, 4 orders
−$33.24
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$44.34
Costs to cover
0.512%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; ApeX Omni: live order book, 64 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 Polymarket Perps live order book, 4 min ago3.43 bp11.1 bp −$1122.3 bp −$223doesn't fitdoesn't fit
Sell ApeX Omni live order book, 64 min ago5.59 bp15.7 bp −$1678.4 bp −$784doesn't fitdoesn't fit

NEAR on 45 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0376%1h4.5341+0.128%$7.4M$37.1M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.5253−0.065%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.5235−0.105%$111K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.5243−0.088%$910K$26.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5313+0.066%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.553%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5260−0.051%$125K$510K50xas long as short
Aster NEARUSDT+0.0100%8h4.5489+0.454%$2.7M$5.1M50xas long as short
Binance NEARUSDT+0.0100%8h4.5518+0.518%$274.7M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5487+0.451%$234.0M$429.6M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.5480+0.435%$64.5M$305.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5351+0.151%$279K$24K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5431+0.327%$41.7M$62.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5400+0.258%$75.6M$170.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5360+0.170%$54.5M$44.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5473+0.420%$75.6M$127.8M75xas long as short
BingX NEAR-USDT+0.0100%8h4.5440+0.347%$74.2Mas long as short
Variational Omni NEAR+0.0100%8h4.5173−0.242%$8.8M$15.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.5386+0.227%$269K$866K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5490+0.458%$1.5M$1.9M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.5340+0.126%$170K$810K50x
Polymarket Perps NEAR-USDlong+0.0100%1h4.5283long leg$192K$4.2M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.5353+0.155%$56K$262K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5420+0.303%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5365+0.181%$5K$34K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5370+0.192%$470K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.5360+0.170%$3.4M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.5227−0.124%$33K$38910xas long as short
Extended NEAR-USD+0.0104%1h4.5325+0.092%$3.7M$15.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5347+0.142%$211K$38K3xas long as short
Lighter RH NEAR+0.0176%1h4.5405+0.269%$1.6M$5.7M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0191% / S +0.0005%1h4.5309+0.058%$222K100xas long as short
BloFin NEAR-USDT+0.0220%8h4.5400+0.258%$12.8M$32.8M75xas long as short
Arcus NEAR-USD+0.0253%1h4.5300+0.038%$229K$1.4M10xas long as short
Lighter NEAR+0.0264%1h4.5399+0.257%$17.2M$24.7M15xas long as short
01 Exchange NEARUSD+0.0280%1h4.5289+0.013%$13K$4K10xas long as short
Hyperliquid NEAR+0.0287%1h4.5497+0.473%$365.6M$313.2M10xas long as short
Nado NEAR-PERP+0.0398%1h4.5275−0.018%$1.8M$3.1M10xas long as short
RISEx NEAR/USDC+0.0478%1h4.5264−0.042%$645K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0544%1h4.5367+0.186%$2.4M$17.8M50xas long as short
Pacifica NEAR+0.0687%1h4.5269−0.031%$426K$1.3M10xas long as short
Phoenix NEAR+0.0733%1h4.5491+0.459%$1.8M$2.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0780%1h4.5473+0.420%$1.1M$7.2M20xas long as short
Aftermath Perps NEARUSD+0.0887%1h4.5164−0.264%$6K$6K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0986%1h4.5380+0.214%$1.9M$13.0M25xas long as short