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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Binance−0.161%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$480.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 4 days (all we have)+0.626%+$63 · spread now −0.161%, 7d avg +0.060%
Together, before fees+0.665%+$66 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: ApeX Omni is 0.220% cheaper against Binance than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEARUSDT4.35300.0100pay 0.0100% / 8h3h 16m$266.3M$1.09B75x
ShortApeX Omni NEARUSDT4.34600.0100get 0.0013% / 1h16m 56s$167K$796K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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: −0.161% → +0.060%
−$22.04
Slippage, 4 orders
−$28.35
Fee Binance: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$70.39
Costs to cover
0.484%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; ApeX Omni: live order book, 37 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 Binance live order book, 12 min ago1.15 bp7.7 bp −$810.4 bp −$10428.2 bp −$2,81897.4 bp −$48.7K
Sell ApeX Omni live order book, 37 min ago5.74 bp13.6 bp −$1493.9 bp −$939doesn'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%1h4.3492−0.087%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3461−0.158%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3479−0.118%$163K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.870%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3516−0.032%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3500−0.069%$111K$502K50xas long as short
Binance NEARUSDTlong+0.0100%8h4.3530long leg$266.3M$1.09B75x
Bybit NEARUSDT+0.0100%8h4.3490−0.092%$215.1M$426.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3450−0.184%$61.5M$289.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3250−0.643%$246K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3496−0.078%$32.2M$61.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3540+0.023%$74.2M$146.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3540+0.023%$54.0M$45.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3452−0.179%$71.6M$127.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3500−0.069%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.3327−0.465%$8.2M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3370−0.367%$253K$949K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3370−0.368%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.3460−0.161%$167K$796K50x
Polymarket Perps NEAR-USD+0.0100%1h4.3520−0.023%$275K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3540+0.023%$58K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3590+0.138%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3640+0.253%$473K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3550+0.046%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3446−0.193%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3543+0.029%$202K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3600+0.161%$13.6M$32.3M75xas long as short
Pacifica NEAR+0.0263%1h4.3487−0.100%$402K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0284%8h4.3496−0.078%$873K$23.4M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0324% / S −0.0198%1h4.3491−0.089%$235K100xas long as short
Aster NEARUSDT+0.0324%8h4.3520−0.023%$2.9M$5.5M50xas long as short
SoDEX NEAR-USD+0.0367%1h4.3515−0.034%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3553+0.053%$13K$7K10xas long as short
Nado NEAR-PERP+0.0558%1h4.3475−0.126%$1.8M$3.1M10xas long as short
Hyperliquid NEAR+0.0590%1h4.3540+0.023%$356.5M$314.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0595%1h4.3540+0.023%$1.3M$6.7M20xas long as short
Extended NEAR-USD+0.0600%1h4.3485−0.104%$3.8M$20.0M25xas long as short
Arcus NEAR-USD+0.0627%1h4.3540+0.023%$214K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0708%1h4.3542+0.027%$7.6M$39.0M50xas long as short
Lighter RH NEAR+0.0912%1h4.3576+0.106%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3602+0.165%$1.8M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1015%1h4.3544+0.032%$1.9M$9.5M25xas long as short
Lighter NEAR+0.1104%1h4.3583+0.122%$17.6M$25.1M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.35300.000%$687K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1576%1h4.3502−0.065%$5K$13K10xas long as short