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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0378%/8h= +41.3% APRnext payment +$0.47 per $10,000 · paid last 24h +0.173%
Price spread now: RISEx against ApeX Omni+0.195%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$430.425% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.471%+$47 on $10k
Price spread, last 4 days (all we have)−0.622%−$62 · spread now +0.195%, 7d avg −0.030%
Together, before fees−0.150%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and RISEx is 0.225% dearer against ApeX Omni than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.47700.0100pay 0.0013% / 1h49m 20s$167K$810K50x
ShortRISEx NEAR/USDC4.48580.0478get 0.0060% / 1h49m 20s$641K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$79.28
Price spread: +0.195% → −0.030%
$22.5
Slippage, 4 orders
−$26.54
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$59.25
Costs to cover
0.425%
Break-even
1.8 days
Slippage from ApeX Omni: live order book, 58 min ago; RISEx: 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, 58 min ago5.59 bp16.7 bp −$1784.4 bp −$844doesn't fitdoesn't fit
Sell RISEx live order book, 3 min ago2.08 bp5.1 bp −$510.4 bp −$104doesn't fitdoesn't fit

NEAR on 45 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0381%1h4.4775+0.010%$7.3M$37.1M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4833+0.141%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4884+0.255%$110K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4897+0.284%$919K$26.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4746−0.053%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.505%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4890+0.268%$124K$507K50xas long as short
Aster NEARUSDT+0.0100%8h4.4835+0.145%$2.7M$5.0M50xas long as short
Binance NEARUSDT+0.0100%8h4.4826+0.126%$270.7M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4826+0.125%$230.2M$429.7M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4750−0.045%$64.0M$300.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4850+0.179%$276K$24K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4783+0.029%$41.0M$61.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4850+0.179%$75.6M$168.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4870+0.223%$54.0M$44.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4751−0.042%$74.5M$127.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.47700.000%$74.6Mas long as short
Variational Omni NEAR+0.0100%8h4.4723−0.105%$8.7M$15.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.4769−0.003%$265K$864K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4740−0.067%$1.5M$1.9M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.4770long leg$167K$810K50x
Polymarket Perps NEAR-USD+0.0100%1h4.4860+0.201%$189K$4.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4776+0.013%$55K$273K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4920+0.335%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4955+0.413%$5K$34K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4840+0.156%$463K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4820+0.112%$3.4M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4909+0.311%$32K$38910xas long as short
Extended NEAR-USD+0.0104%1h4.4745−0.056%$3.7M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4754−0.035%$208K$38K3xas long as short
Lighter NEAR+0.0168%1h4.4853+0.186%$17.0M$24.7M15xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0191% / S −0.0033%1h4.4772+0.003%$241K100xas long as short
Lighter RH NEAR+0.0192%1h4.4871+0.226%$1.6M$5.7M10xas long as short
Hyperliquid NEAR+0.0215%1h4.4893+0.275%$360.8M$312.6M10xas long as short
01 Exchange NEARUSD+0.0216%1h4.4869+0.221%$13K$4K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4830+0.134%$12.8M$32.4M75xas long as short
Arcus NEAR-USD+0.0253%1h4.4880+0.246%$226K$1.4M10xas long as short
RISEx NEAR/USDCshort+0.0478%1h4.4858+0.195%$641K$1.7M10x
Nado NEAR-PERP+0.0490%1h4.4780+0.022%$1.8M$3.1M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0544%1h4.4889+0.266%$2.3M$17.6M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0666%1h4.4797+0.060%$1.9M$13.0M25xas long as short
Pacifica NEAR+0.0687%1h4.4886+0.258%$422K$1.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0728%1h4.4977+0.462%$1.1M$7.2M20xas long as short
Phoenix NEAR+0.0733%1h4.5001+0.516%$1.7M$2.6M10xas long as short
Aftermath Perps NEARUSD+0.0939%1h4.4883+0.252%$6K$6K10xas long as short