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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0476%/8h= +52.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.182%
Price spread now: RISEx against Coinbase International+0.272%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$360.355% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.542%+$54 on $10k
Price spread, last 3 days (all we have)−0.367%−$37 · spread now +0.272%, 7d avg +0.063%
Together, before fees+0.175%+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and RISEx is 0.209% dearer against Coinbase International than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NEAR-PERP-INTX4.2745−0.0072get 0.0009% / 1h12m 27s$2.2M$13.1M50x
ShortRISEx NEAR/USDC4.28610.0404get 0.0051% / 1h12m 27s$421K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Coinbase International. 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
$100
Price spread: +0.272% → +0.063%
$20.89
Slippage, 4 orders
−$19.51
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$85.37
Costs to cover
0.355%
Break-even
1.0 days
Slippage from Coinbase International: live order book, 2 min ago; RISEx: live order book, 1 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 Coinbase International live order book, 2 min ago5.40 bp12.1 bp −$1219.9 bp −$199361.2 bp −$36.1Kdoesn't fit
Sell RISEx live order book, 1 min ago1.75 bp4.8 bp −$515.9 bp −$159doesn'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%1h4.2814+0.161%$2K20xas long as short
Coinbase International NEAR-PERP-INTXlong−0.0072%1h4.2745long leg$2.2M$13.1M50x
dYdX NEAR-USD0.0000%1h4.2768+0.054%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2667−0.182%$366K$18.7M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2842+0.227%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.123%$578$302K12xas long as short
Variational Omni NEAR+0.0047%8h4.2759+0.032%$7.9M$18.5Mas long as short
Bybit NEARUSDT+0.0053%8h4.2826+0.189%$218.1M$422.9M75xas long as short
01 Exchange NEARUSD+0.0072%1h4.2843+0.229%$13K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2840+0.222%$110K$497K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NEAR-USD-PERP+0.0100%8h4.2803+0.136%$31K$64710xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2855+0.257%$57K$194K20xas long as short
Aster NEARUSDT+0.0100%8h4.2860+0.269%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2763+0.042%$400K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2837+0.216%$253.6M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2830+0.199%$60.9M$287.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2830+0.199%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2950+0.480%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2828+0.194%$31.0M$60.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2830+0.199%$78.6M$142.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2860+0.269%$55.9M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2826+0.189%$71.1M$126.3M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2820+0.175%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2693−0.121%$243K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2783+0.089%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2690−0.129%$178K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2860+0.269%$196K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2780+0.082%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2755+0.023%$4K$54K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2710−0.082%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.2813+0.159%$3.9M$16.2M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2770+0.058%$202K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0118%1h4.2790+0.105%$7.6M$37.6M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2710−0.082%$13.1M$29.3M75xas long as short
Lighter RH NEAR+0.0320%1h4.2822+0.180%$1.6M$7.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0314%1h4.2765+0.047%$274K100xas long as short
RISEx NEAR/USDCshort+0.0404%1h4.2861+0.272%$421K$1.2M10x
Backpack NEAR_USDC_PERP+0.0446%1h4.2770+0.058%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2892+0.344%$1.8M$2.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0475%1h4.2815+0.164%$1.9M$2.5M25xas long as short
Nado NEAR-PERP+0.0666%1h4.2800+0.129%$1.9M$3.4M10xas long as short
Hyperliquid NEAR+0.0666%1h4.2886+0.330%$365.9M$301.4M10xas long as short
HTX NEAR-USDT+0.0774%8h4.2790+0.105%$457K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1120%1h4.2772+0.062%$5K$12K10xas long as short
Lighter NEAR+0.1696%1h4.2868+0.289%$16.9M$24.2M15xas long as short