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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0092%/8hpaid last 24h +0.060%
Price spread now: GMX against BloFin+0.046%7-day average −0.015% · you sell dearer than you buy
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)+0.122%+$12 on $10k
Price spread, last 3 days (all we have)−0.057%−$6 · spread now +0.046%, 7d avg −0.015%
Together, before fees+0.065%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.061% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NEAR-USDT4.14200.0220pay 0.0220% / 8h4h 23m$12.6M$33.2M75x
ShortGMX NEAR/USD [ETH-USDC]4.1439L +0.0372% / S −0.0312%get 0.0039% / 1h23m 09s$272K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against BloFin. 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
$19.38
Price spread: +0.046% → −0.015%
$6.1
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
$1.47
Costs to cover
0.240%
Break-even
6.5 days
Slippage unknown: BloFin: live order book, 10 min ago; GMX: 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 BloFin live order book, 10 min ago1.22 bp10.4 bp −$1018.1 bp −$18135.7 bp −$3,570104.3 bp −$52.1K
Sell GMX no order-book sample
GMX: 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%1h4.1435+0.036%$2K20xas long as short
Extended NEAR-USD−0.0024%1h4.1430+0.024%$3.5M$14.1M25xas long as short
dYdX NEAR-USD0.0000%1h4.1391−0.070%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1418−0.005%$432K$20.1M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1456+0.087%$202K150xas long as short
Coinbase International NEAR-PERP-INTX+0.0032%1h4.1445+0.060%$2.1M$12.7M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0064%1h4.1465+0.109%$1.8M$2.0M25xas long as short
Popdex NEARUSDT+0.0096%1h4.1470+0.121%$105K$498K50xas long as short
Aster NEARUSDT+0.0100%8h4.1454+0.082%$2.8M$5.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.1445+0.059%$237.0M$1.11B75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.1490+0.169%$207.8M$429.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1510+0.217%$57.2M$287.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1440+0.048%$244K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1127−0.707%$235K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1472+0.126%$29.2M$56.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1510+0.217%$81.9M$145.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1470+0.121%$57.9M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1519+0.239%$69.6M$126.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1500+0.193%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1325−0.230%$7.6M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.1249−0.414%$262K$1.3M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1280−0.338%$1.4M$1.1M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1250−0.410%$112K$754K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1469+0.118%$220K$3.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1453+0.080%$52K$163K20xas long as short
SunX NEAR-USDT+0.0100%8h4.1490+0.169%$2K$1.5M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1535+0.278%$5K$45K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1460+0.097%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1403−0.041%$30K$2K10xas long as short
Aevo NEAR-PERP+0.0104%1h4.1430+0.024%$200K$66K3xas long as short
Injective NEAR/USDC PERP+0.0120%1h4.1000−1.014%$572$150K12xas long as short
01 Exchange NEARUSD+0.0200%1h4.1495+0.181%$12K$8K10xas long as short
BloFin NEAR-USDTlong+0.0220%8h4.1420long leg$12.6M$33.2M75x
Kraken Futures PF_NEARUSD+0.0241%1h4.1486+0.158%$7.4M$34.5M50xas long as short
Lighter RH NEAR+0.0248%1h4.1504+0.203%$1.4M$7.3M10xas long as short
Nado NEAR-PERP+0.0290%1h4.1435+0.036%$1.8M$3.9M10xas long as short
Pacifica NEAR+0.0319%1h4.1408−0.029%$438K$1.1M10xas long as short
GMX NEAR/USD [ETH-USDC]shortL +0.0372% / S −0.0312%1h4.1439+0.046%$272K100x
RISEx NEAR/USDC+0.0378%1h4.1497+0.186%$397K$1.3M10xas long as short
Phoenix NEAR+0.0618%1h4.1391−0.070%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0680%1h4.1514+0.227%$15.4M$22.5M15xas long as short
Hyperliquid NEAR+0.0840%1h4.1577+0.379%$349.4M$304.5M10xas long as short
Backpack NEAR_USDC_PERP+0.0956%1h4.1568+0.357%$1.5M$4.7M20xas long as short
Aftermath Perps NEARUSD+0.1083%1h4.1308−0.271%$5K$11K10xas long as short
HTX NEAR-USDT+0.1246%8h4.1580+0.386%$452K$4.1M75xas long as short