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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.034%
Price spread now: Coinbase International against Reya+0.080%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.080% dearer against Reya than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.2711−0.0171get 0.0021% / 1h12m 54s$2K20x
ShortCoinbase International NEAR-PERP-INTX4.2745−0.0072pay 0.0009% / 1h12m 54s$2.2M$13.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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
$20.76
Price spread: +0.080% → 0.000%
$8.01
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$12.77
Costs to cover
0.160%
Break-even
2.7 days
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 6 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 Reya no order-book sample
Sell Coinbase International live order book, 6 min ago6.66 bp14.3 bp −$1421.1 bp −$211doesn't fitdoesn't fit
Reya: 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 NEARRUSDPERPlong−0.0171%1h4.2711long leg$2K20x
Coinbase International NEAR-PERP-INTXshort−0.0072%1h4.2745+0.080%$2.2M$13.1M50x
dYdX NEAR-USD0.0000%1h4.2663−0.112%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2667−0.102%$366K$18.7M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2778+0.157%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.046%$578$302K12xas long as short
Variational Omni NEAR+0.0047%8h4.2759+0.112%$7.9M$18.5Mas long as short
Bybit NEARUSDT+0.0052%8h4.2690−0.049%$217.5M$422.8M75xas long as short
01 Exchange NEARUSD+0.0072%1h4.2685−0.060%$13K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2690−0.049%$109K$495K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NEAR-USD-PERP+0.0100%8h4.2666−0.104%$31K$64710xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2788+0.181%$57K$194K20xas long as short
Aster NEARUSDT+0.0100%8h4.2700−0.025%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2675−0.083%$400K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2708−0.007%$252.9M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2690−0.049%$60.6M$286.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2680−0.072%$195K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2950+0.560%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2695−0.037%$30.9M$60.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2690−0.049%$78.4M$142.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2700−0.025%$55.7M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2670−0.095%$70.8M$126.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2700−0.025%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2693−0.041%$243K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2783+0.169%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2690−0.049%$178K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2731+0.047%$196K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2780+0.162%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2755+0.104%$4K$54K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2710−0.002%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.2667−0.101%$3.9M$16.2M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2770+0.139%$202K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2790+0.186%$7.6M$37.6M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2710−0.002%$13.1M$29.3M75xas long as short
Lighter RH NEAR+0.0320%1h4.2823+0.263%$1.6M$7.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0314%1h4.2765+0.128%$274K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2688−0.052%$418K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0446%1h4.2770+0.139%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2892+0.424%$1.8M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0475%1h4.2815+0.244%$1.9M$2.5M25xas long as short
Hyperliquid NEAR+0.0669%1h4.2760+0.115%$364.8M$301.3M10xas long as short
Nado NEAR-PERP+0.0674%1h4.2710−0.001%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0774%8h4.2790+0.186%$457K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1115%1h4.2758+0.111%$5K$12K10xas long as short
Lighter NEAR+0.1696%1h4.2877+0.389%$16.6M$24.2M15xas long as short