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−0.0032%/8h= −3.5% APRpaid last 24h +0.128%
Price spread now: HTX against Aevo+0.172%7-day average +0.232% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1641.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.570%+$57 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.172%, 7d avg +0.232%
Together, before fees+0.573%+$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.059% cheaper against Aevo than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.232%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.570%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo NEAR-PERP4.36550.0136pay 0.0017% / 1h48m 24s$203K$38K3x
ShortHTX NEAR-USDT4.37300.0104get 0.0104% / 8h48m 24s$456K$3.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$6.71
Price spread: +0.172% → +0.232%
−$5.93
Slippage, 4 orders
−$136.39
Fee Aevo: 8 bp × 2 orders
−$16
Fee HTX: 6 bp × 2 orders
−$12
Net
−$177.03
Costs to cover
1.644%
Break-even
never at this rate
Slippage from Aevo: live order book, 55 min ago; HTX: live order book, 1 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, 55 min ago10.03 bp56.0 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 1 min ago16.05 bp29.2 bp −$2973.4 bp −$734doesn't fitdoesn't fit

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%1h4.3623−0.072%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3507−0.338%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3629−0.060%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3603−0.119%$7.2M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.142%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3450−0.469%$106K$492K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3479−0.403%$219.4M$431.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3470−0.423%$61.1M$292.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3597−0.133%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3485−0.389%$35.5M$61.8M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3530−0.286%$52.7M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3484−0.391%$72.0M$128.0M75xas long as short
Variational Omni NEAR+0.0100%8h4.3467−0.431%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3475−0.411%$252K$899K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3486−0.386%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3500−0.354%$164K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3504−0.345%$282K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3648−0.015%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3720+0.150%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3630−0.057%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3640−0.034%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3522−0.305%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3478−0.404%$3.6M$17.5M25xas long as short
HTX NEAR-USDTshort+0.0104%8h4.3730+0.172%$456K$3.8M75x
Aevo NEAR-PERPlong+0.0136%1h4.3655long leg$203K$38K3x
BingX NEAR-USDC+0.0204%8h4.3480−0.400%$6.6Mas long as short
Kalshi KXNEARPERP+0.0205%8h4.3677+0.051%$961K$25.2M2.2xas long as short
MEXC NEAR_USDT+0.0216%8h4.3500−0.354%$80.5M$149.1M200xas long as short
Binance NEARUSDT+0.0217%8h4.3470−0.424%$264.1M$1.09B75xas long as short
Aster NEARUSDT+0.0232%8h4.3470−0.424%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0202%1h4.3624−0.070%$234K100xas long as short
BloFin NEAR-USDT+0.0337%8h4.3670+0.035%$13.4M$32.2M75xas long as short
01 Exchange NEARUSD+0.0360%1h4.3462−0.441%$13K$7K10xas long as short
Nado NEAR-PERP+0.0409%1h4.3469−0.424%$1.7M$3.2M10xas long as short
Hyperliquid NEAR+0.0469%1h4.3500−0.354%$351.8M$315.8M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3693+0.088%$2.3M$16.9M50xas long as short
Backpack NEAR_USDC_PERP+0.0544%1h4.3667+0.028%$1.2M$6.9M20xas long as short
Arcus NEAR-USD+0.0638%1h4.3520−0.309%$229K$1.6M10xas long as short
Lighter RH NEAR+0.0680%1h4.3585−0.160%$1.5M$6.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0690%1h4.3664+0.021%$1.9M$13.0M25xas long as short
Lighter NEAR+0.0856%1h4.3540−0.264%$17.2M$24.9M15xas long as short
Pacifica NEAR+0.0949%1h4.3518−0.313%$410K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3382−0.625%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3486−0.387%$637K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1301%1h4.3484−0.391%$5K$7K10xas long as short