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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0108%/8h= +11.8% APRnext payment +$1.08 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against SunX−0.023%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1461.457% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 4 days (all we have)−0.341%−$34 · spread now −0.023%, 7d avg −0.140%
Together, before fees−0.381%−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.118% dearer against SunX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NEAR-USDT4.42600.0100pay 0.0100% / 8h1h 22m$2K$1.3M20x
ShortBinance NEARUSDT4.42500.0208get 0.0208% / 8h1h 22m$270.0M$1.08B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$22.69
Price spread: −0.023% → −0.140%
$11.77
Slippage, 4 orders
−$127.72
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$111.26
Costs to cover
1.457%
Break-even
41.3 days
Slippage from SunX: live order book, 11 min ago; Binance: live order book, 6 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 SunX live order book, 11 min ago11.29 bp68.0 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago1.14 bp7.9 bp −$812.8 bp −$12833.1 bp −$3,30689.4 bp −$44.7K

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%1h4.4176−0.190%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4162−0.220%$109K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4170−0.203%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.439%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4190−0.158%$112K$484K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4220−0.090%$224.2M$430.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4210−0.113%$62.6M$296.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4350+0.203%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4232−0.063%$35.7M$61.8M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4250−0.023%$53.6M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4218−0.095%$72.6M$127.7M75xas long as short
Variational Omni NEAR+0.0100%8h4.4187−0.164%$8.8M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4030−0.519%$257K$915K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4010−0.565%$166K$805K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4213−0.106%$291K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4213−0.106%$59K$236K20xas long as short
SunX NEAR-USDTlong+0.0100%8h4.4260long leg$2K$1.3M20x
HTX NEAR-USDT+0.0100%8h4.4270+0.023%$464K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4180−0.181%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0104%8h4.4179−0.183%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0108%8h4.4030−0.521%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0136%1h4.4205−0.124%$206K$38K3xas long as short
Extended NEAR-USD+0.0168%1h4.4217−0.097%$3.7M$18.3M25xas long as short
SoDEX NEAR-USD+0.0185%1h4.4165−0.215%$5K$52K10xas long as short
BingX NEAR-USDT+0.0200%8h4.4230−0.068%$144.0Mas long as short
MEXC NEAR_USDT+0.0208%8h4.42600.000%$80.6M$149.0M200xas long as short
Binance NEARUSDTshort+0.0208%8h4.4250−0.023%$270.0M$1.08B75x
Kalshi KXNEARPERP+0.0251%8h4.4179−0.183%$1.0M$24.9M2.2xas long as short
Aster NEARUSDT+0.0304%8h4.4240−0.045%$2.8M$4.9M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0198%1h4.4173−0.197%$235K100xas long as short
BloFin NEAR-USDT+0.0328%8h4.4160−0.226%$13.7M$32.6M75xas long as short
Backpack NEAR_USDC_PERP+0.0420%1h4.4209−0.115%$1.3M$6.9M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4242−0.041%$2.3M$16.8M50xas long as short
01 Exchange NEARUSD+0.0456%1h4.4229−0.070%$13K$7K10xas long as short
Hyperliquid NEAR+0.0482%1h4.4273+0.029%$361.2M$312.7M10xas long as short
Nado NEAR-PERP+0.0568%1h4.4176−0.190%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0661%1h4.4162−0.222%$7.3M$38.3M50xas long as short
Lighter NEAR+0.0824%1h4.4187−0.165%$17.4M$25.3M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0837%1h4.4210−0.113%$1.9M$13.0M25xas long as short
Arcus NEAR-USD+0.0880%1h4.4240−0.045%$228K$1.6M10xas long as short
Lighter RH NEAR+0.0920%1h4.4205−0.124%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4335+0.169%$1.8M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4205−0.124%$422K$1.4M10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4216−0.100%$665K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1274%1h4.4228−0.072%$5K$12K10xas long as short