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: Polymarket Perps against Aevo+0.022%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$730.728% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 3 days (all we have)−0.374%−$37 · spread now +0.022%, 7d avg +0.006%
Together, before fees−0.402%−$40 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo NEAR-PERP4.15950.0104pay 0.0013% / 1h45m 20s$200K$62K3x
ShortPolymarket Perps NEAR-USD4.16040.0100get 0.0013% / 1h45m 20s$198K$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: +0.022% → +0.006%
$1.57
Slippage, 4 orders
−$48.76
Fee Aevo: 8 bp × 2 orders
−$16
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$72.03
Costs to cover
0.728%
Break-even
never at this rate
Slippage from Aevo: live order book, 38 min ago; Polymarket Perps: live order book, 4 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, 38 min ago19.39 bp32.1 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 4 min ago0.60 bp6.2 bp −$611.9 bp −$119doesn'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%1h4.1556−0.093%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1481−0.274%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.444%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1585−0.023%$107K$56K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1516−0.190%$441K$18.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1598+0.008%$206K150xas long as short
Kraken Futures PF_NEARUSD+0.0049%1h4.1575−0.047%$7.5M$36.8M50xas long as short
01 Exchange NEARUSD+0.0064%1h4.1577−0.043%$12K$7K10xas long as short
Lighter NEAR+0.0096%1h4.1638+0.104%$15.3M$22.5M15xas long as short
Popdex NEARUSDT+0.0096%1h4.1570−0.060%$111K$483K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0099%8h4.1600+0.012%$54K$156K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1575−0.047%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1624+0.070%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1611+0.040%$350K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1600+0.012%$238.1M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1570−0.060%$212.0M$423.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1580−0.036%$56.9M$275.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1580−0.036%$308K$1.6M10xas long as short
Gate NEAR_USDT+0.0100%8h4.15950.000%$29.7M$56.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1580−0.036%$81.8M$141.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1600+0.012%$55.0M$44.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1587−0.019%$69.1M$125.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1580−0.036%$136.8Mas long as short
Variational Omni NEAR+0.0100%8h4.1461−0.322%$7.7M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1534−0.146%$237K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1516−0.190%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1500−0.228%$182K$792K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.1604+0.022%$198K$3.1M10x
SunX NEAR-USDT+0.0100%8h4.1620+0.060%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1540−0.132%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1540−0.132%$3.8M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1450−0.348%$236K$4K10xas long as short
Lighter RH NEAR+0.0104%1h4.1638+0.104%$1.4M$6.9M10xas long as short
Extended NEAR-USD+0.0104%1h4.1540−0.132%$3.8M$14.6M25xas long as short
Aevo NEAR-PERPlong+0.0104%1h4.1595long leg$200K$62K3x
BloFin NEAR-USDT+0.0220%8h4.1500−0.228%$12.3M$33.4M75xas long as short
Hyperliquid NEAR+0.0317%1h4.1623+0.068%$349.8M$298.4M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1592−0.007%$412K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0380% / S −0.0327%1h4.1600+0.013%$280K100xas long as short
Backpack NEAR_USDC_PERP+0.0449%1h4.1606+0.027%$1.2M$5.7M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0495%1h4.1639+0.106%$1.8M$2.1M25xas long as short
Nado NEAR-PERP+0.0514%1h4.1557−0.091%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1614+0.046%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.0904%1h4.1502−0.222%$5K$11K10xas long as short
HTX NEAR-USDT+0.1010%8h4.1610+0.036%$446K$3.6M75xas long as short