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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0206%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.034%
Price spread now: 01 Exchange against SoDEX+0.254%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 +$6 a day on $10k at the current rate, and 01 Exchange is 0.254% dearer against SoDEX than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.37450.0514pay 0.0064% / 1h8m 11s$5K$52K10x
Short01 Exchange NEARUSD4.38560.0720get 0.0090% / 1h8m 11s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$43.26
Price spread: +0.254% → 0.000%
$25.37
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$53.64
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell 01 Exchange no order-book sample
SoDEX and 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 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%1h4.3759+0.031%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3751+0.013%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3738−0.016%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.338%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3810+0.149%$116K$497K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3720−0.057%$218.6M$420.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3730−0.034%$61.8M$290.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3500−0.560%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3728−0.039%$33.2M$61.0M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3770+0.057%$52.8M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3728−0.039%$71.7M$126.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.3607−0.315%$8.8M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.3652−0.213%$255K$963K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3820+0.171%$281K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3786+0.094%$57K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3850+0.240%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3900+0.354%$473K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3720−0.057%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3756+0.026%$32K$60810xas long as short
GRVT NEAR_USDT_Perp+0.0102%8h4.3673−0.164%$1.4M$1.5M10xas long as short
Aevo NEAR-PERP+0.0112%1h4.3793+0.109%$204K$37K3xas long as short
BingX NEAR-USDT+0.0121%8h4.3750+0.011%$143.4Mas long as short
MEXC NEAR_USDT+0.0129%8h4.3760+0.034%$83.2M$146.2M200xas long as short
Binance NEARUSDT+0.0133%8h4.3770+0.057%$266.3M$1.09B75xas long as short
BloFin NEAR-USDT+0.0250%8h4.3850+0.240%$13.3M$32.3M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3867+0.279%$2.3M$16.2M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0313% / S −0.0201%1h4.3735−0.022%$235K100xas long as short
Kalshi KXNEARPERP+0.0317%8h4.3779+0.078%$1.0M$24.6M2.2xas long as short
Aster NEARUSDT+0.0338%8h4.3760+0.034%$2.8M$5.2M50xas long as short
Nado NEAR-PERP+0.0404%1h4.3805+0.137%$1.7M$3.2M10xas long as short
ApeX Omni NEARUSDT+0.0417%1h4.3640−0.240%$167K$796K50xas long as short
Extended NEAR-USD+0.0472%1h4.3732−0.029%$3.7M$19.3M25xas long as short
SoDEX NEAR-USDlong+0.0514%1h4.3745long leg$5K$52K10x
Hyperliquid NEAR+0.0667%1h4.3792+0.107%$360.1M$310.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0688%1h4.3776+0.071%$1.3M$6.6M20xas long as short
01 Exchange NEARUSDshort+0.0720%1h4.3856+0.254%$13K$7K10x
Kraken Futures PF_NEARUSD+0.0723%1h4.3739−0.015%$7.3M$39.0M50xas long as short
Arcus NEAR-USD+0.0814%1h4.3850+0.240%$227K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0825%1h4.3787+0.096%$2.0M$11.9M25xas long as short
Pacifica NEAR+0.0847%1h4.3790+0.103%$401K$1.4M10xas long as short
Lighter NEAR+0.0912%1h4.3808+0.144%$17.2M$25.2M15xas long as short
Phoenix NEAR+0.1033%1h4.3931+0.425%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1096%1h4.3810+0.149%$1.5M$7.4M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.3838+0.212%$686K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1287%1h4.3636−0.249%$5K$12K10xas long as short