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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: edgeX against Popdex−0.597%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$480.483% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.005%$0 on $10k
Price spread, last 4 days (all we have)+1.654%+$165 · spread now −0.597%, 7d avg +0.032%
Together, before fees+1.659%+ Points / potential airdropedgeX: Active · farm board+$166 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: edgeX is 0.630% cheaper against Popdex than usual: you would sell low and buy high, −$63 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex NEARUSDT4.52700.0096pay 0.0012% / 1h59m 00s$125K$505K50x
ShortedgeX NEARUSDC4.50000.0100get 0.0050% / 4h59m 00s$267K$865K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Popdex. 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: −0.597% → +0.032%
−$62.96
Slippage, 4 orders
−$32.94
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$110.46
Costs to cover
0.483%
Break-even
927.5 days
Slippage from Popdex: live order book, 48 min ago; edgeX: live order book, 48 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 Popdex live order book, 48 min ago5.59 bp11.5 bp −$1271.7 bp −$717doesn't fitdoesn't fit
Sell edgeX live order book, 48 min ago7.82 bp12.7 bp −$1331.6 bp −$316doesn'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−0.0377%1h4.5238−0.071%$7.4M$37.1M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.5263−0.015%$2K20xas long as short
Kalshi KXNEARPERP0.0000%8h4.5056−0.473%$931K$26.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5254−0.035%$170K150xas long as short
dYdX NEAR-USD+0.0020%1h4.5008−0.578%$110K$53K10xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.527%$578$301K12xas long as short
Popdex NEARUSDTlong+0.0096%1h4.5270long leg$125K$505K50x
Nado NEAR-PERP+0.0100%1h4.5300+0.066%$1.8M$3.1M10xas long as short
Aster NEARUSDT+0.0100%8h4.5212−0.128%$2.7M$4.9M50xas long as short
Binance NEARUSDT+0.0100%8h4.5213−0.126%$272.6M$1.08B75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.5200−0.155%$232.2M$431.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.5190−0.177%$64.3M$303.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4850−0.928%$276K$24K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5211−0.130%$41.3M$61.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5230−0.088%$72.8M$167.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5240−0.066%$54.4M$44.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5188−0.181%$75.2M$127.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.5210−0.133%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.4983−0.634%$8.8M$16.0Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.5000−0.597%$267K$865K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.5011−0.571%$1.5M$1.8M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4990−0.619%$168K$808K50xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5271+0.002%$56K$273K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5380+0.243%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.5330+0.133%$474K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.5230−0.088%$3.4M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.5034−0.521%$33K$38910xas long as short
Extended NEAR-USD+0.0104%1h4.5189−0.179%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5260−0.022%$210K$38K3xas long as short
Lighter NEAR+0.0184%1h4.5265−0.010%$17.1M$24.6M15xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0191% / S −0.0033%1h4.5209−0.134%$243K100xas long as short
BloFin NEAR-USDT+0.0220%8h4.5310+0.088%$12.9M$32.8M75xas long as short
01 Exchange NEARUSD+0.0272%1h4.5239−0.068%$13K$4K10xas long as short
SoDEX NEAR-USD+0.0307%1h4.5245−0.055%$5K$34K10xas long as short
Lighter RH NEAR+0.0312%1h4.5299+0.064%$1.6M$5.7M10xas long as short
Arcus NEAR-USD+0.0343%1h4.5240−0.066%$228K$1.4M10xas long as short
Hyperliquid NEAR+0.0374%1h4.5215−0.121%$363.3M$312.9M10xas long as short
RISEx NEAR/USDC+0.0478%1h4.5216−0.120%$647K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0544%1h4.5314+0.097%$2.4M$17.8M50xas long as short
Phoenix NEAR+0.0741%1h4.5098−0.380%$1.7M$2.4M10xas long as short
Pacifica NEAR+0.0851%1h4.5047−0.493%$424K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.0894%1h4.4976−0.648%$6K$6K10xas long as short
Backpack NEAR_USDC_PERP+0.1340%1h4.5273+0.007%$1.1M$7.2M20xas long as short
Polymarket Perps NEAR-USD+0.1424%1h4.5318+0.106%$190K$4.1M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1496%1h4.5332+0.137%$2.0M$13.0M25xas long as short