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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0306%/8h= +33.5% APRnext payment +$0.38 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against ApeX Omni−0.295%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.295% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.295% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 3.2 days of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NEARUSDT4.34000.0100pay 0.0013% / 1h40m 59s$167K$799K50x
ShortSoDEX NEAR-USD4.32720.0406get 0.0051% / 1h40m 59s$8K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$64.33
Price spread: −0.295% → 0.000%
−$29.49
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$16.83
Costs to cover
0.180%
Break-even
5.2 days
Slippage unknown: ApeX Omni: live order book, 13 min ago; SoDEX: no order-book sample. Net counts fees only.

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, 13 min ago5.74 bp18.5 bp −$19117.2 bp −$1,172doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.3170−0.529%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3091−0.712%$106K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3166−0.538%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.585%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3316−0.194%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3150−0.576%$107K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.3304−0.220%$265.7M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3247−0.353%$215.2M$428.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3260−0.323%$61.4M$291.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.34000.000%$247K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3239−0.371%$31.8M$61.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3260−0.323%$73.1M$144.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3310−0.207%$53.8M$46.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3252−0.341%$71.2M$128.9M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3260−0.323%$146.3Mas long as short
Variational Omni NEAR+0.0100%8h4.3167−0.536%$8.3M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3357−0.099%$254K$947K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3214−0.428%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDTlong+0.0100%1h4.3400long leg$167K$799K50x
Polymarket Perps NEAR-USD+0.0100%1h4.3154−0.567%$271K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3231−0.389%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3280−0.276%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3360−0.092%$470K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3300−0.230%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3084−0.728%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3244−0.360%$201K$37K3xas long as short
Kalshi KXNEARPERP+0.0145%8h4.3047−0.813%$724K$23.5M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.3280−0.276%$13.7M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3117−0.653%$409K$1.2M10xas long as short
Aster NEARUSDT+0.0312%8h4.3224−0.406%$2.9M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0194%1h4.3172−0.525%$231K100xas long as short
SoDEX NEAR-USDshort+0.0406%1h4.3272−0.295%$8K$49K10x
Backpack NEAR_USDC_PERP+0.0493%1h4.3315−0.196%$1.4M$6.6M20xas long as short
01 Exchange NEARUSD+0.0520%1h4.3174−0.521%$13K$7K10xas long as short
Hyperliquid NEAR+0.0610%1h4.3291−0.251%$355.2M$321.2M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3160−0.553%$211K$1.6M10xas long as short
Nado NEAR-PERP+0.0671%1h4.3147−0.584%$1.8M$3.1M10xas long as short
Extended NEAR-USD+0.0680%1h4.3259−0.324%$3.8M$19.8M25xas long as short
Kraken Futures PF_NEARUSD+0.0712%1h4.3314−0.198%$7.6M$39.3M50xas long as short
Lighter RH NEAR+0.0872%1h4.3366−0.078%$1.5M$7.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0908%1h4.3235−0.380%$1.9M$8.9M25xas long as short
Phoenix NEAR+0.0941%1h4.3302−0.226%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1152%1h4.3366−0.078%$17.5M$24.9M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3155−0.565%$654K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1576%1h4.3318−0.189%$5K$12K10xas long as short