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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.050%
Price spread now: 01 Exchange against Popdex−0.002%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex NEARUSDT4.48200.0096pay 0.0012% / 1h53m 31s$124K$506K50x
Short01 Exchange NEARUSD4.48190.0184get 0.0023% / 1h53m 31s$13K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$18.48
Price spread: −0.002% → 0.000%
−$0.22
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$4.86
Costs to cover
0.134%
Break-even
5.2 days
Slippage unknown: Popdex: live order book, 53 min ago; 01 Exchange: no order-book sample. 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 Popdex live order book, 53 min ago5.59 bp11.5 bp −$1271.7 bp −$717doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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 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−0.0381%1h4.4806−0.031%$7.3M$37.1M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4823+0.007%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4785−0.079%$110K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4824+0.009%$919K$26.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4825+0.012%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.608%$578$301K12xas long as short
Popdex NEARUSDTlong+0.0096%1h4.4820long leg$124K$506K50x
Aster NEARUSDT+0.0100%8h4.4850+0.067%$2.7M$4.9M50xas long as short
Binance NEARUSDT+0.0100%8h4.4860+0.089%$270.8M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4822+0.004%$230.2M$429.9M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4810−0.022%$63.7M$300.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4850+0.067%$276K$24K10xas long as short
Gate NEAR_USDT+0.0100%8h4.48200.000%$41.0M$61.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4860+0.089%$76.0M$167.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4850+0.067%$54.0M$44.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4811−0.020%$74.6M$127.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4840+0.045%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.4813−0.015%$8.8M$16.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.4809−0.024%$265K$862K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4800−0.045%$1.5M$1.9M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4830+0.022%$168K$809K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4858+0.085%$189K$4.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4846+0.058%$55K$273K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4870+0.112%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.48200.000%$5K$34K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4840+0.045%$463K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.48200.000%$3.4M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4798−0.048%$32K$38910xas long as short
Extended NEAR-USD+0.0104%1h4.4770−0.112%$3.7M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4810−0.022%$208K$38K3xas long as short
Lighter RH NEAR+0.0144%1h4.4879+0.132%$1.6M$5.7M10xas long as short
Lighter NEAR+0.0152%1h4.4853+0.074%$17.0M$24.6M15xas long as short
Hyperliquid NEAR+0.0166%1h4.4882+0.138%$360.5M$311.7M10xas long as short
01 Exchange NEARUSDshort+0.0184%1h4.4819−0.002%$13K$4K10x
GMX NEAR/USD [ETH-USDC]L +0.0191% / S −0.0033%1h4.4824+0.008%$241K100xas long as short
BloFin NEAR-USDT+0.0220%8h4.4830+0.022%$12.8M$32.4M75xas long as short
Arcus NEAR-USD+0.0253%1h4.4830+0.022%$226K$1.4M10xas long as short
RISEx NEAR/USDC+0.0478%1h4.4818−0.004%$641K$1.6M10xas long as short
Nado NEAR-PERP+0.0540%1h4.4815−0.011%$1.8M$3.1M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0544%1h4.5060+0.535%$2.3M$17.7M50xas long as short
Backpack NEAR_USDC_PERP+0.0668%1h4.4956+0.303%$1.1M$7.2M20xas long as short
Pacifica NEAR+0.0687%1h4.4818−0.004%$422K$1.3M10xas long as short
Phoenix NEAR+0.0733%1h4.4926+0.237%$1.7M$2.6M10xas long as short
Aftermath Perps NEARUSD+0.0928%1h4.4879+0.132%$6K$6K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1044%1h4.4868+0.107%$1.9M$13.0M25xas long as short