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+0.0175%/8h= +19.1% APRpaid last 24h +0.032%
Price spread now: BloFin against ApeX Omni+0.552%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs+$9as in the Price arb table
costs, in and out, $10k−$530.531% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.192%+$19 on $10k
Price spread, last 4 days (all we have)−0.796%−$80 · spread now +0.552%, 7d avg −0.068%
Together, before fees−0.604%−$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.620% dearer against ApeX Omni than usual: you sell high and buy low: +$62 more if the spread goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.34400.0100pay 0.0013% / 1h8m 53s$166K$816K50x
ShortBloFin NEAR-USDT4.36800.0275get 0.0275% / 8h8m 53s$13.3M$32.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against ApeX Omni. 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
$36.71
Price spread: +0.552% → −0.068%
$62.01
Slippage, 4 orders
−$31.14
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$45.58
Costs to cover
0.531%
Break-even
from the start
Slippage from ApeX Omni: live order book, 30 min ago; BloFin: live order book, 5 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 ApeX Omni live order book, 30 min ago8.10 bp17.3 bp −$1796.4 bp −$964doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago2.29 bp9.8 bp −$1015.5 bp −$15539.6 bp −$3,95887.7 bp −$43.8K

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%1h4.3669+0.527%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3676+0.544%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3680+0.552%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0016%1h4.3682+0.557%$7.3M$38.6M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.673%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3690+0.576%$113K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3711+0.624%$220.7M$428.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3750+0.714%$61.4M$296.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3601+0.370%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3721+0.647%$35.9M$63.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3730+0.668%$53.0M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3761+0.739%$72.3M$127.8M75xas long as short
Variational Omni NEAR+0.0100%8h4.3490+0.114%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3477+0.084%$252K$894K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3514+0.170%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.3440long leg$166K$816K50x
Polymarket Perps NEAR-USD+0.0100%1h4.3721+0.647%$278K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3656+0.497%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3740+0.691%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3680+0.552%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3670+0.529%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3685+0.564%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3741+0.693%$3.6M$16.6M25xas long as short
Aevo NEAR-PERP+0.0120%1h4.3653+0.490%$203K$38K3xas long as short
Aster NEARUSDT+0.0122%8h4.3726+0.658%$2.7M$4.8M50xas long as short
Hyperliquid NEAR+0.0134%1h4.3804+0.838%$353.3M$315.1M10xas long as short
HTX NEAR-USDT+0.0155%8h4.3820+0.875%$466K$3.8M75xas long as short
Binance NEARUSDT+0.0155%8h4.3728+0.662%$264.8M$1.09B75xas long as short
MEXC NEAR_USDT+0.0156%8h4.3720+0.645%$90.6M$154.1M200xas long as short
BingX NEAR-USDC+0.0171%8h4.3720+0.645%$6.7Mas long as short
Kalshi KXNEARPERP+0.0173%8h4.3654+0.493%$970K$25.0M2.2xas long as short
01 Exchange NEARUSD+0.0232%1h4.3701+0.601%$13K$7K10xas long as short
BloFin NEAR-USDTshort+0.0275%8h4.3680+0.552%$13.3M$32.2M75x
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0240%1h4.3687+0.569%$254K100xas long as short
Nado NEAR-PERP+0.0372%1h4.3695+0.587%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0461%1h4.3771+0.762%$1.1M$7.1M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3753+0.721%$2.3M$17.0M50xas long as short
Lighter RH NEAR+0.0488%1h4.3732+0.672%$1.5M$6.7M10xas long as short
Lighter NEAR+0.0552%1h4.3740+0.690%$17.2M$25.4M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3700+0.599%$229K$1.5M10xas long as short
Pacifica NEAR+0.0949%1h4.3698+0.595%$412K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3782+0.787%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3696+0.590%$607K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1079%1h4.3698+0.594%$1.9M$13.1M25xas long as short
Aftermath Perps NEARUSD+0.1100%1h4.3597+0.361%$5K$7K10xas long as short