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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h 0.000%
Price spread now: edgeX against Binance−0.317%60s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 7 days+0.275%+$28 · spread now −0.317%, 7d avg −0.011%
Together, before fees+0.315%+ Points / potential airdropedgeX: Active · farm board+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.306% cheaper against Binance than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.011%). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NEARUSDT4.48900.0185pay 0.0185% / 8h1h 44m$273.3M$1.09B75x
ShortedgeX NEARUSDC4.47480.0100get 0.0050% / 4h1h 44m$261K$966K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$17.83
Price spread: −0.317% → −0.011%
−$30.6
Slippage, 4 orders
−$21.28
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$88.71
Costs to cover
0.403%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; edgeX: live order book, 54 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, 15 min ago1.13 bp9.2 bp −$913.7 bp −$13733.2 bp −$3,32296.7 bp −$48.3K
Sell edgeX live order book, 54 min ago6.99 bp11.9 bp −$1226.2 bp −$262doesn'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%1h4.4806−0.187%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4807−0.185%$110K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4768−0.271%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.752%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4880−0.022%$111K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4870−0.045%$230.9M$428.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4850−0.089%$63.5M$300.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4366−1.167%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4839−0.114%$35.0M$60.1M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4820−0.156%$53.4M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4809−0.180%$74.2M$126.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.4687−0.452%$9.0M$18.5Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.4748−0.317%$261K$966K20x
Polymarket Perps NEAR-USD+0.0100%1h4.4881−0.020%$283K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4768−0.272%$58K$233K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4840−0.111%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4910+0.045%$466K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4810−0.178%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0106%8h4.4830−0.134%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0123%8h4.4756−0.298%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0127%1h4.4730−0.356%$168K$804K50xas long as short
Aevo NEAR-PERP+0.0128%1h4.4805−0.189%$208K$40K3xas long as short
BingX NEAR-USDC+0.0176%8h4.4850−0.089%$6.7Mas long as short
MEXC NEAR_USDT+0.0182%8h4.4840−0.111%$85.6M$145.2M200xas long as short
Binance NEARUSDTlong+0.0185%8h4.4890long leg$273.3M$1.09B75x
SoDEX NEAR-USD+0.0206%1h4.4800−0.200%$5K$52K10xas long as short
Kalshi KXNEARPERP+0.0300%8h4.4707−0.408%$1.1M$25.0M2.2xas long as short
BloFin NEAR-USDT+0.0302%8h4.4870−0.045%$13.6M$33.1M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0316% / S −0.0201%1h4.4764−0.281%$240K100xas long as short
Extended NEAR-USD+0.0336%1h4.4850−0.089%$3.7M$18.9M25xas long as short
Aster NEARUSDT+0.0338%8h4.4869−0.046%$2.9M$5.0M50xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4842−0.107%$2.3M$16.5M50xas long as short
01 Exchange NEARUSD+0.0504%1h4.4891+0.002%$13K$7K10xas long as short
Nado NEAR-PERP+0.0538%1h4.4840−0.111%$1.8M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0584%1h4.4820−0.156%$1.3M$6.5M20xas long as short
Hyperliquid NEAR+0.0624%1h4.4844−0.102%$368.8M$309.3M10xas long as short
Kraken Futures PF_NEARUSD+0.0652%1h4.4765−0.278%$7.4M$38.3M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4900+0.022%$228K$1.6M10xas long as short
Lighter RH NEAR+0.1000%1h4.4875−0.033%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.5001+0.247%$1.9M$2.5M10xas long as short
Lighter NEAR+0.1056%1h4.4888−0.005%$17.6M$24.7M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1113%1h4.4805−0.189%$1.9M$12.3M25xas long as short
Pacifica NEAR+0.1187%1h4.4833−0.127%$413K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1213%1h4.4680−0.467%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4892+0.004%$678K$1.4M10xas long as short