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+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: Extended against Polymarket Perps−0.120%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$240.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 7 days+0.108%+$11 · spread now −0.120%, 7d avg −0.083%
Together, before fees+0.133%+ Points / potential airdropExtended: Active · farm board+$13 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: Extended is 0.037% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NEAR-USD4.32480.0100pay 0.0013% / 1h56m 12s$279K$4.1M10x
ShortExtended NEAR-USD4.31960.0104get 0.0013% / 1h56m 12s$3.6M$17.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.120% → −0.083%
−$3.66
Slippage, 4 orders
−$10.97
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$26.79
Costs to cover
0.240%
Break-even
230.3 days
Slippage from Polymarket Perps: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago2.09 bp6.2 bp −$69.1 bp −$91doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.46 bp6.2 bp −$616.0 bp −$160doesn't fitdoesn't fit

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%1h4.3190−0.135%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3189−0.136%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3178−0.162%$162K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3183−0.149%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.250%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3240−0.018%$105K$492K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3223−0.058%$218.5M$431.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3220−0.065%$60.8M$291.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3150−0.226%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3203−0.104%$35.2M$61.6M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3230−0.042%$52.3M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3218−0.069%$71.5M$128.6M75xas long as short
Variational Omni NEAR+0.0100%8h4.3137−0.256%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3174−0.172%$250K$896K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3153−0.219%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3150−0.227%$163K$804K50xas long as short
Polymarket Perps NEAR-USDlong+0.0100%1h4.3248long leg$279K$4.1M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.3214−0.079%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3290+0.097%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3210−0.088%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3320+0.166%$458K$3.8M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3250+0.005%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3187−0.141%$31K$58510xas long as short
Extended NEAR-USDshort+0.0104%1h4.3196−0.120%$3.6M$17.7M25x
Aevo NEAR-PERP+0.0136%1h4.3240−0.018%$201K$38K3xas long as short
BingX NEAR-USDC+0.0203%8h4.3230−0.042%$6.7Mas long as short
Kalshi KXNEARPERP+0.0206%8h4.3226−0.051%$937K$25.1M2.2xas long as short
MEXC NEAR_USDT+0.0213%8h4.3240−0.018%$76.8M$148.0M200xas long as short
Binance NEARUSDT+0.0215%8h4.3245−0.008%$262.8M$1.09B75xas long as short
Aster NEARUSDT+0.0243%8h4.3220−0.065%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0201%1h4.3187−0.142%$231K100xas long as short
BloFin NEAR-USDT+0.0334%8h4.3240−0.018%$13.5M$32.0M75xas long as short
01 Exchange NEARUSD+0.0384%1h4.3252+0.009%$13K$7K10xas long as short
Nado NEAR-PERP+0.0405%1h4.3200−0.111%$1.6M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0407%1h4.3242−0.014%$1.3M$7.0M20xas long as short
Hyperliquid NEAR+0.0460%1h4.3267+0.044%$351.3M$315.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3230−0.042%$2.3M$16.6M50xas long as short
Arcus NEAR-USD+0.0638%1h4.3250+0.005%$228K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0676%1h4.3226−0.051%$1.9M$13.0M25xas long as short
Lighter RH NEAR+0.0728%1h4.3279+0.072%$1.5M$6.6M10xas long as short
Lighter NEAR+0.0768%1h4.3273+0.057%$17.0M$24.9M15xas long as short
Pacifica NEAR+0.0949%1h4.3202−0.106%$407K$1.5M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3245−0.006%$650K$1.4M10xas long as short
Phoenix NEAR+0.1003%1h4.3206−0.097%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1279%1h4.3248+0.001%$5K$12K10xas long as short