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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Bulk against Aevo−1.356%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$1161.157% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.004%$0 on $10k
Price spread, last 3 days (all we have)+1.057%+$106 · spread now −1.356%, 7d avg −0.005%
Together, before fees+1.053%+$105 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 1.350% cheaper against Aevo than usual: you would sell low and buy high, −$135 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo NEAR-PERP4.28990.0104pay 0.0013% / 1h5m 54s$207K$62K3x
ShortBulk NEAR-USD4.23170.0100get 0.0013% / 1h5m 54s$241K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Aevo. 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
−$0.84
Price spread: −1.356% → −0.005%
−$135.02
Slippage, 4 orders
−$92.72
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$251.59
Costs to cover
1.157%
Break-even
never at this rate
Slippage from Aevo: live order book, 13 min ago; Bulk: 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 Aevo live order book, 13 min ago21.34 bp32.5 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Bulk live order book, 13 min ago11.83 bp38.0 bp −$3838.9 bp −$38939.0 bp −$3,89954.1 bp −$27.0K

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%1h4.2871−0.064%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.2884−0.034%$2.2M$13.2M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−3.470%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.2869−0.068%$112K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2892−0.015%$454K$18.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2892−0.016%$207K150xas long as short
Kraken Futures PF_NEARUSD+0.0047%1h4.2919+0.047%$7.7M$36.2M50xas long as short
Popdex NEARUSDT+0.0096%1h4.2890−0.020%$106K$490K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2884−0.035%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2920+0.050%$3.0M$5.6M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2902+0.007%$399K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2921+0.052%$249.2M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2892−0.015%$220.5M$420.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2900+0.003%$60.3M$283.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2890−0.020%$196K$1.8M10xas long as short
Bulk NEAR-USDshort+0.0100%1h4.2317−1.356%$241K$2K10x
Gate NEAR_USDT+0.0100%8h4.2928+0.069%$30.3M$59.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2910+0.027%$83.8M$145.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2940+0.097%$56.3M$43.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2919+0.048%$71.3M$125.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2910+0.027%$137.2Mas long as short
Variational Omni NEAR+0.0100%8h4.2299−1.397%$7.9M$17.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.2295−1.408%$247K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2644−0.594%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2620−0.649%$178K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2918+0.045%$234K$3.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2913+0.034%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2950+0.120%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2890−0.020%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2890−0.020%$3.9M$8.1M50xas long as short
Extended NEAR-USD+0.0104%1h4.2897−0.003%$4.0M$14.8M25xas long as short
Aevo NEAR-PERPlong+0.0104%1h4.2899long leg$207K$62K3x
01 Exchange NEARUSD+0.0144%1h4.2941+0.099%$13K$7K10xas long as short
Lighter RH NEAR+0.0160%1h4.2944+0.106%$1.5M$7.0M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2850−0.113%$12.6M$32.6M75xas long as short
RISEx NEAR/USDC+0.0364%1h4.2916+0.041%$414K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0390% / S −0.0335%1h4.2903+0.010%$293K100xas long as short
Nado NEAR-PERP+0.0467%1h4.2870−0.067%$1.9M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.2682−0.505%$1.8M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0554%1h4.2941+0.099%$1.3M$5.5M20xas long as short
Hyperliquid NEAR+0.0650%1h4.3030+0.306%$371.7M$297.1M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0799%1h4.2948+0.115%$1.9M$2.3M25xas long as short
HTX NEAR-USDT+0.0927%8h4.3020+0.283%$461K$3.6M75xas long as short
Aftermath Perps NEARUSD+0.0999%1h4.2555−0.800%$5K$11K10xas long as short
Lighter NEAR+0.1000%1h4.2993+0.220%$16.5M$23.8M15xas long as short