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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Bybit against ApeX Omni+0.120%109s7-day average −0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.513% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 3 days (all we have)−0.523%−$52 · spread now +0.120%, 7d avg −0.114%
Together, before fees−0.577%−$58 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: Bybit is 0.234% dearer against ApeX Omni than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.114%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.15100.0100pay 0.0013% / 1h45m 47s$182K$792K50x
ShortBybit NEARUSDT4.15600.0100get 0.0100% / 8h1h 45m$211.9M$423.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.120% → −0.114%
$23.44
Slippage, 4 orders
−$30.28
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$27.84
Costs to cover
0.513%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 38 min ago; Bybit: live order book, 3 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, 38 min ago8.49 bp16.9 bp −$17121.5 bp −$1,215doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago1.20 bp8.3 bp −$813.5 bp −$13537.7 bp −$3,775187.6 bp −$93.8K

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%1h4.1456−0.131%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1481−0.070%$2.1M$12.6M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−0.241%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.1585+0.182%$107K$56K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1516+0.014%$441K$18.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1473−0.089%$205K150xas long as short
Kraken Futures PF_NEARUSD+0.0049%1h4.1575+0.158%$7.5M$36.8M50xas long as short
01 Exchange NEARUSD+0.0072%1h4.1484−0.063%$12K$7K10xas long as short
Lighter NEAR+0.0096%1h4.1638+0.309%$15.3M$22.5M15xas long as short
Popdex NEARUSDT+0.0096%1h4.1470−0.096%$111K$483K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0099%8h4.1551+0.099%$53K$156K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1575+0.157%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1645+0.326%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1611+0.244%$350K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1601+0.218%$238.1M$1.07B75xas long as short
Bybit NEARUSDTshort+0.0100%8h4.1560+0.120%$211.9M$423.0M75x
OKX NEAR-USDT-SWAP+0.0100%8h4.1550+0.096%$56.9M$274.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1490−0.048%$307K$1.6M10xas long as short
Gate NEAR_USDT+0.0100%8h4.1618+0.260%$29.7M$56.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1570+0.145%$81.8M$141.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1610+0.241%$55.0M$44.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1602+0.222%$69.1M$125.8M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1610+0.241%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1461−0.117%$7.7M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.1473−0.090%$236K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1500−0.023%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.1510long leg$182K$792K50x
Polymarket Perps NEAR-USD+0.0100%1h4.1503−0.017%$196K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1600+0.217%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1540+0.072%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1540+0.072%$3.8M$8.2M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1450−0.145%$236K$4K10xas long as short
Lighter RH NEAR+0.0104%1h4.1638+0.308%$1.4M$6.9M10xas long as short
Extended NEAR-USD+0.0104%1h4.1601+0.218%$3.8M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1537+0.065%$200K$62K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.1500−0.024%$12.3M$33.4M75xas long as short
Hyperliquid NEAR+0.0321%1h4.1663+0.369%$350.1M$298.4M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1484−0.063%$411K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0379% / S −0.0327%1h4.1474−0.088%$279K100xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0448%1h4.1585+0.181%$1.8M$2.1M25xas long as short
Backpack NEAR_USDC_PERP+0.0449%1h4.1606+0.231%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0516%1h4.1459−0.123%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1447−0.152%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.0910%1h4.1475−0.083%$5K$11K10xas long as short
HTX NEAR-USDT+0.1010%8h4.1610+0.241%$446K$3.6M75xas long as short