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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0415%/8h= +45.4% APRnext payment +$0.52 per $10,000 · paid last 24h +0.142%
Price spread now: GMX against Reya+0.013%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.3913−0.0171get 0.0021% / 1h50m 51s$2K20x
ShortGMX NEAR/USD [ETH-USDC]4.3918L +0.0349% / S −0.0244%get 0.0030% / 1h50m 51s$257K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$87.08
Price spread: +0.013% → 0.000%
$1.3
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
$70.38
Costs to cover
0.180%
Break-even
1.3 days
Slippage unknown: Reya: no order-book sample; GMX: 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 Reya no order-book sample
Sell GMX no order-book sample
Reya and GMX: 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 44 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%1h4.3913long leg$2K20x
Coinbase International NEAR-PERP-INTX−0.0016%1h4.3907−0.013%$2.2M$14.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.3879−0.076%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3889−0.054%$550K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3918+0.013%$199K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.699%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3920+0.017%$115K$483K50xas long as short
Pacifica NEAR+0.0100%1h4.3954+0.094%$415K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3867−0.104%$266.3M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3872−0.093%$221.8M$416.6M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3870−0.097%$62.4M$289.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3657−0.582%$249K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3851−0.140%$31.5M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3870−0.097%$75.6M$139.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3870−0.097%$54.7M$43.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3879−0.077%$72.0M$126.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3860−0.120%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.3926+0.031%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3800−0.256%$268K$994K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3770−0.325%$1.4M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3790−0.279%$195K$778K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3957+0.101%$206K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3955+0.096%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3980+0.153%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3935+0.051%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4060+0.335%$460K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3940+0.062%$3.9M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3977+0.146%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3826−0.198%$3.8M$18.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3942+0.067%$205K$34K3xas long as short
Aster NEARUSDT+0.0202%8h4.3903−0.021%$3.0M$5.5M50xas long as short
Nado NEAR-PERP+0.0342%1h4.3898−0.034%$1.9M$3.0M10xas long as short
GMX NEAR/USD [ETH-USDC]shortL +0.0349% / S −0.0244%1h4.3918+0.013%$257K100x
01 Exchange NEARUSD+0.0408%1h4.3943+0.069%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.3920+0.017%$209K$1.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0478%1h4.3974+0.140%$1.9M$4.3M25xas long as short
Backpack NEAR_USDC_PERP+0.0695%1h4.3922+0.021%$1.4M$6.4M20xas long as short
Kraken Futures PF_NEARUSD+0.0701%1h4.3967+0.123%$8.2M$41.0M50xas long as short
Lighter RH NEAR+0.0776%1h4.3949+0.083%$1.6M$6.9M10xas long as short
Hyperliquid NEAR+0.0811%1h4.3948+0.080%$370.3M$304.3M10xas long as short
Phoenix NEAR+0.0855%1h4.3944+0.071%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.3923+0.024%$554K$1.3M10xas long as short
Lighter NEAR+0.1080%1h4.4011+0.223%$17.6M$25.5M15xas long as short
Aftermath Perps NEARUSD+0.1671%1h4.3812−0.230%$6K$12K10xas long as short