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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0409%/8h= +44.8% APRnext payment +$0.51 per $10,000 · paid last 24h +0.133%
Price spread now: RISEx against SoDEX+0.057%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and RISEx is 0.057% dearer against SoDEX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.38350.0100pay 0.0013% / 1h14m 48s$5K$51K10x
ShortRISEx NEAR/USDC4.38600.0509get 0.0064% / 1h14m 48s$554K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against SoDEX. 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
$85.83
Price spread: +0.057% → 0.000%
$5.66
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$77.49
Costs to cover
0.140%
Break-even
0.7 days
Slippage unknown: SoDEX: no order-book sample; RISEx: live order book, 4 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 SoDEX no order-book sample
Sell RISEx live order book, 4 min ago1.63 bp4.6 bp −$512.8 bp −$128doesn't fitdoesn't fit
SoDEX: 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 NEARRUSDPERP−0.0171%1h4.3857+0.051%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3882+0.107%$2.2M$14.3M50xas long as short
dYdX NEAR-USD0.0000%1h4.3762−0.167%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3803−0.073%$591K$20.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3840+0.011%$194K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.532%$578$302K12xas long as short
Variational Omni NEAR+0.0088%8h4.3887+0.118%$8.5M$18.5Mas long as short
Popdex NEARUSDT+0.0096%1h4.3820−0.034%$112K$495K50xas long as short
Pacifica NEAR+0.0100%1h4.3815−0.046%$412K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3723−0.256%$265.4M$1.08B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.3734−0.230%$221.5M$421.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3710−0.285%$62.2M$290.1M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3890+0.125%$209K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3850+0.034%$250K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3713−0.278%$31.5M$62.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3740−0.217%$75.0M$143.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3730−0.240%$53.7M$43.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3723−0.256%$71.9M$126.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3710−0.285%$143.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4564+1.662%$281K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4520+1.562%$1.5M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4540+1.608%$183K$765K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3888+0.121%$210K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3836+0.002%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3900+0.148%$2K$1.4M20xas long as short
SoDEX NEAR-USDlong+0.0100%1h4.3835long leg$5K$51K10x
HTX NEAR-USDT+0.0100%8h4.3850+0.034%$453K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3750−0.194%$3.9M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3783−0.120%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3739−0.218%$3.8M$18.5M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3855+0.046%$204K$34K3xas long as short
Aster NEARUSDT+0.0176%8h4.3696−0.317%$3.0M$5.8M50xas long as short
Kraken Futures PF_NEARUSD+0.0216%1h4.3835−0.001%$8.0M$40.8M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0343%1h4.3862+0.062%$1.9M$4.2M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0347% / S −0.0242%1h4.3833−0.004%$255K100xas long as short
Nado NEAR-PERP+0.0407%1h4.3860+0.057%$1.9M$3.1M10xas long as short
01 Exchange NEARUSD+0.0416%1h4.3859+0.055%$13K$7K10xas long as short
RISEx NEAR/USDCshort+0.0509%1h4.3860+0.057%$554K$1.3M10x
Phoenix NEAR+0.0592%1h4.4150+0.719%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0784%1h4.3778−0.130%$1.6M$7.0M10xas long as short
Hyperliquid NEAR+0.0898%1h4.3799−0.082%$368.9M$309.5M10xas long as short
Backpack NEAR_USDC_PERP+0.0912%1h4.3715−0.274%$1.5M$6.3M20xas long as short
Aftermath Perps NEARUSD+0.1638%1h4.4124+0.658%$6K$12K10xas long as short
Lighter NEAR+0.1760%1h4.3886+0.115%$17.6M$25.7M15xas long as short