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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against edgeX−0.392%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$2972.971% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.092%−$9 on $10k
Price spread, last 3 days (all we have)+0.354%+$35 · spread now −0.392%, 7d avg −0.002%
Together, before fees+0.262%+ Points / potential airdropedgeX: Active · farm board+$26 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 gTrade (Gains Network) is 0.390% cheaper against edgeX than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.31010.0100pay 0.0050% / 4h3h 47m$277K$1.2M20x
ShortgTrade (Gains Network) NEAR/USD4.2932L +0.0004% / S −0.0004%get 0.0001% / 1h47m 07s$203K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against edgeX. 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
−$20.12
Price spread: −0.392% → −0.002%
−$39.01
Slippage, 4 orders
−$278.09
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$356.22
Costs to cover
2.971%
Break-even
never at this rate
Slippage from edgeX: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 27 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 edgeX live order book, 2 min ago6.97 bp12.2 bp −$1231.5 bp −$315doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 27 min ago130.01 bp137.7 bp −$1381007.8 bp −$10.1Kdoesn'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
Bybit NEARUSDT−0.0181%8h4.2861−0.557%$218.6M$418.4M75xas long as short
Reya NEARRUSDPERP−0.0171%1h4.2887−0.496%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.2936−0.383%$7.6M$37.1M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2938−0.378%$2.2M$13.0M50xas long as short
Gate NEAR_USDT−0.0038%8h4.2932−0.392%$30.9M$58.7M75xas long as short
dYdX NEAR-USD0.0000%1h4.2901−0.465%$111K$64K10xas long as short
01 Exchange NEARUSD0.0000%1h4.2906−0.452%$13K$7K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2894−0.480%$376K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDshortL +0.0004% / S −0.0004%1h4.2932−0.392%$203K150x
Variational Omni NEAR+0.0014%8h4.2988−0.261%$7.9M$18.6Mas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.923%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2900−0.466%$112K$478K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.2953−0.343%$57K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2890−0.489%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2960−0.328%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2912−0.438%$402K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2888−0.493%$254.9M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2880−0.513%$61.0M$279.3M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2920−0.420%$197K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3050−0.118%$245K−$010xas long as short
MEXC NEAR_USDT+0.0100%8h4.2950−0.350%$79.7M$138.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2960−0.327%$56.2M$43.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2922−0.415%$71.2M$125.0M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2900−0.466%$6.6Mas long as short
edgeX NEARUSDClong+0.0100%4h4.3101long leg$277K$1.2M20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3108+0.016%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3120+0.044%$180K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2909−0.445%$193K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2960−0.327%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2909−0.445%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2980−0.281%$458K$3.6M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2970−0.304%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.2895−0.478%$3.9M$16.8M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2910−0.442%$200K$28K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2970−0.304%$13.1M$29.1M75xas long as short
Hyperliquid NEAR+0.0296%1h4.2991−0.255%$366.6M$300.1M10xas long as short
Lighter RH NEAR+0.0304%1h4.3035−0.153%$1.6M$6.9M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0309%1h4.2952−0.346%$1.9M$3.0M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0314%1h4.2925−0.408%$275K100xas long as short
RISEx NEAR/USDC+0.0428%1h4.2929−0.398%$408K$1.2M10xas long as short
Nado NEAR-PERP+0.0463%1h4.2901−0.464%$1.9M$3.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0472%1h4.2976−0.290%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0499%1h4.3171+0.163%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1259%1h4.3011−0.209%$5K$12K10xas long as short
Lighter NEAR+0.2224%1h4.3077−0.055%$17.2M$23.9M15xas long as short