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−0.0123%/8h= −13.4% APRnext payment $0.15 per $10,000 · paid last 24h −0.017%
Price spread now: SoDEX against 01 Exchange−0.037%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.037% cheaper against 01 Exchange than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange NEARUSD4.33020.0520pay 0.0065% / 1h40m 07s$13K$7K10x
ShortSoDEX NEAR-USD4.32860.0397get 0.0050% / 1h40m 07s$8K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against 01 Exchange. 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
−$25.73
Price spread: −0.037% → 0.000%
−$3.69
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$44.42
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; SoDEX: 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 01 Exchange no order-book sample
Sell SoDEX no order-book sample
01 Exchange and 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 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%1h4.3235−0.155%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3248−0.124%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3238−0.147%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.369%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3263−0.090%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3220−0.189%$108K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.3339+0.087%$265.9M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3292−0.023%$215.4M$428.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3320+0.042%$61.4M$292.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3400+0.226%$247K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3323+0.048%$31.9M$61.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3350+0.111%$73.1M$144.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3320+0.042%$53.8M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3321+0.044%$71.3M$128.9M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3340+0.088%$146.3Mas long as short
Variational Omni NEAR+0.0100%8h4.3167−0.311%$8.3M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3357+0.127%$254K$947K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3214−0.203%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3400+0.226%$167K$799K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3263−0.090%$271K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3287−0.035%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3330+0.065%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3390+0.203%$470K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3300−0.005%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3239−0.146%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3299−0.007%$201K$37K3xas long as short
Kalshi KXNEARPERP+0.0202%8h4.3267−0.081%$728K$23.4M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.3280−0.051%$13.7M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3304+0.004%$411K$1.2M10xas long as short
Aster NEARUSDT+0.0309%8h4.3307+0.012%$2.8M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0194%1h4.3240−0.143%$231K100xas long as short
SoDEX NEAR-USDshort+0.0397%1h4.3286−0.037%$8K$49K10x
Backpack NEAR_USDC_PERP+0.0509%1h4.3350+0.111%$1.3M$6.6M20xas long as short
01 Exchange NEARUSDlong+0.0520%1h4.3302long leg$13K$7K10x
Arcus NEAR-USD+0.0627%1h4.3290−0.028%$212K$1.6M10xas long as short
Hyperliquid NEAR+0.0628%1h4.3350+0.111%$355.6M$321.2M10xas long as short
Nado NEAR-PERP+0.0639%1h4.3240−0.143%$1.8M$3.1M10xas long as short
Extended NEAR-USD+0.0688%1h4.3246−0.129%$3.8M$19.8M25xas long as short
Kraken Futures PF_NEARUSD+0.0712%1h4.3293−0.020%$7.6M$39.3M50xas long as short
Lighter RH NEAR+0.0872%1h4.3358+0.129%$1.5M$7.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0929%1h4.3296−0.014%$1.9M$8.9M25xas long as short
Phoenix NEAR+0.0941%1h4.33020.000%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1128%1h4.3361+0.137%$17.5M$24.9M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3260−0.098%$656K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1568%1h4.3304+0.005%$5K$13K10xas long as short