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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.1058%/8h= −115.9% APRnext payment $1.32 per $10,000 · paid last 24h −0.145%
Price spread now: Aevo against RISEx+0.206%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1981.980% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.406%−$41 on $10k
Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.206%, 7d avg −0.036%
Together, before fees−0.371%−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aevo is 0.242% dearer against RISEx than usual: you sell high and buy low (spread +0.206% now, against its 7-day average of −0.036%): +$24 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 4 days (−0.406% in total) that is about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.31550.1162pay 0.0145% / 1h40m 54s$654K$1.4M10x
ShortAevo NEAR-PERP4.32440.0104get 0.0013% / 1h40m 54s$201K$37K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against RISEx. 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
−$222.23
Price spread: +0.206% → −0.036%
$24.19
Slippage, 4 orders
−$176
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$396.05
Costs to cover
1.980%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; Aevo: live order book, 13 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 RISEx live order book, 3 min ago2.84 bp5.8 bp −$614.5 bp −$145doesn't fitdoesn't fit
Sell Aevo live order book, 13 min ago85.15 bp93.2 bp −$93doesn't fitdoesn'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%1h4.3170+0.036%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3091−0.148%$106K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3166+0.026%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.043%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3316+0.373%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3150−0.011%$107K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.3320+0.383%$265.7M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3273+0.274%$215.3M$428.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3270+0.267%$61.4M$291.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3400+0.568%$247K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3262+0.248%$31.9M$61.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3290+0.313%$73.2M$144.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3300+0.336%$53.8M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3280+0.290%$71.2M$128.9M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3280+0.290%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3167+0.029%$8.3M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3357+0.468%$254K$947K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3214+0.137%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3400+0.568%$167K$799K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3154−0.002%$271K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3231+0.176%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3280+0.290%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3360+0.475%$470K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3300+0.336%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3084−0.164%$31K$60810xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.3244+0.206%$201K$37K3x
Kalshi KXNEARPERP+0.0145%8h4.3047−0.250%$724K$23.5M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.3280+0.290%$13.7M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3117−0.088%$409K$1.2M10xas long as short
Aster NEARUSDT+0.0312%8h4.3278+0.284%$2.9M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0194%1h4.3172+0.040%$231K100xas long as short
SoDEX NEAR-USD+0.0406%1h4.3272+0.271%$8K$49K10xas long as short
Backpack NEAR_USDC_PERP+0.0493%1h4.3315+0.371%$1.4M$6.6M20xas long as short
01 Exchange NEARUSD+0.0520%1h4.3174+0.044%$13K$7K10xas long as short
Hyperliquid NEAR+0.0610%1h4.3291+0.315%$355.2M$321.2M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3160+0.012%$211K$1.6M10xas long as short
Nado NEAR-PERP+0.0671%1h4.3147−0.019%$1.8M$3.1M10xas long as short
Extended NEAR-USD+0.0680%1h4.3243+0.203%$3.8M$19.8M25xas long as short
Kraken Futures PF_NEARUSD+0.0712%1h4.3314+0.369%$7.6M$39.3M50xas long as short
Lighter RH NEAR+0.0872%1h4.3366+0.489%$1.5M$7.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0908%1h4.3235+0.186%$1.9M$8.9M25xas long as short
Phoenix NEAR+0.0941%1h4.3302+0.341%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1152%1h4.3366+0.490%$17.5M$24.9M15xas long as short
RISEx NEAR/USDClong+0.1162%1h4.3155long leg$654K$1.4M10x
Aftermath Perps NEARUSD+0.1576%1h4.3318+0.378%$5K$12K10xas long as short