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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0332%/8h= +36.4% APRnext payment +$0.41 per $10,000 · paid last 24h +0.032%
Price spread now: Lighter RH against ApeX Omni+0.093%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$410.411% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.403%+$40 on $10k
Price spread, last 3 days (all we have)−0.084%−$8 · spread now +0.093%, 7d avg +0.073%
Together, before fees+0.319%+ Points / potential airdropLighter RH: Points live · farm board+$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.30700.0100pay 0.0013% / 1h21m 31s$180K$781K50x
ShortLighter RH NEAR4.31100.0432get 0.0054% / 1h21m 31s$1.6M$7.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
$69.72
Price spread: +0.093% → +0.073%
$1.96
Slippage, 4 orders
−$31.1
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$30.58
Costs to cover
0.411%
Break-even
3.9 days
Slippage from ApeX Omni: live order book, 52 min ago; Lighter RH: live order book, 2 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, 52 min ago7.03 bp15.2 bp −$15100.9 bp −$1,009doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago3.01 bp5.1 bp −$510.1 bp −$101doesn'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%1h4.2939−0.305%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0130%1h4.3176+0.247%$7.3M$37.3M50xas long as short
Phemex NEARUSDT−0.0119%8h4.3140+0.163%$3.8M$8.5M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3167+0.225%$2.3M$13.1M50xas long as short
01 Exchange NEARUSD−0.0008%1h4.2970−0.232%$13K$7K10xas long as short
Variational Omni NEAR−0.0004%8h4.2668−0.933%$7.9M$18.8Mas long as short
dYdX NEAR-USD0.0000%1h4.3008−0.145%$111K$64K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3139+0.160%$378K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3201+0.304%$205K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.854%$578$302K12xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.2990−0.186%$114K$485K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.3191+0.281%$57K$191K20xas long as short
Paradex NEAR-USD-PERP+0.0099%8h4.2999−0.164%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.3107+0.085%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.2979−0.211%$397K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2988−0.191%$256.2M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2962−0.251%$218.0M$417.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2950−0.279%$60.7M$280.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3030−0.093%$197K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2789−0.652%$244K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2967−0.239%$30.9M$60.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2930−0.325%$76.9M$141.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3050−0.046%$56.2M$43.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2952−0.274%$71.1M$124.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3000−0.163%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3061−0.021%$256K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3032−0.088%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.3070long leg$180K$781K50x
Polymarket Perps NEAR-USD+0.0100%1h4.2985−0.197%$192K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3260+0.441%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3177+0.248%$5K$52K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3260+0.441%$458K$3.7M75xas long as short
Extended NEAR-USD+0.0104%1h4.2983−0.203%$3.8M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3197+0.295%$201K$28K3xas long as short
Hyperliquid NEAR+0.0198%1h4.3116+0.107%$363.2M$301.9M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.3130+0.139%$12.9M$28.2M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0375% / S −0.0307%1h4.3200+0.302%$275K100xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0398%1h4.3221+0.351%$1.9M$3.6M25xas long as short
RISEx NEAR/USDC+0.0428%1h4.3035−0.082%$404K$1.2M10xas long as short
Lighter RH NEARshort+0.0432%1h4.3110+0.093%$1.6M$7.0M10x
Backpack NEAR_USDC_PERP+0.0462%1h4.3226+0.362%$1.3M$5.9M20xas long as short
Nado NEAR-PERP+0.0472%1h4.2993−0.179%$1.9M$3.2M10xas long as short
Phoenix NEAR+0.0499%1h4.3141+0.165%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1366%1h4.2946−0.287%$5K$12K10xas long as short
Lighter NEAR+0.1912%1h4.3055−0.036%$17.2M$24.6M15xas long as short