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+0.0102%/8h= +11.2% APRpaid last 24h +0.050%
Price spread now: GMX against edgeX+0.673%70s7-day average −0.019% · 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)+0.260%+$26 on $10k
Price spread, last 4 days (all we have)−0.771%−$77 · spread now +0.673%, 7d avg −0.019%
Together, before fees−0.512%+ Points / potential airdropedgeX: Active · farm board−$51 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 0.692% dearer against edgeX than usual: you sell high and buy low: +$69 more if the spread goes back to its 7-day average of −0.019%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.33240.0100pay 0.0050% / 4h50m 18s$251K$898K20x
ShortGMX NEAR/USD [ETH-USDC]4.3615L +0.0315% / S −0.0202%get 0.0025% / 1h50m 18s$234K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$21.39
Price spread: +0.673% → −0.019%
$69.17
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
$69.56
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: edgeX: live order book, 43 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 edgeX live order book, 43 min ago6.77 bp12.4 bp −$1231.6 bp −$316doesn't fitdoesn't fit
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%1h4.3598+0.633%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3421+0.224%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3619+0.680%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3658+0.771%$7.2M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.418%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3590+0.614%$106K$491K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3643+0.736%$220.4M$431.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3650+0.752%$61.3M$293.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3597+0.629%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3616+0.674%$35.6M$61.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3620+0.683%$52.8M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3654+0.762%$72.3M$128.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.3467+0.329%$8.6M$18.7Mas long as short
edgeX NEARUSDClong+0.0100%4h4.3324long leg$251K$898K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3380+0.129%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3330+0.014%$163K$805K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3632+0.711%$282K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3664+0.785%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3690+0.845%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3665+0.787%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3680+0.822%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3569+0.565%$31K$58510xas long as short
HTX NEAR-USDT+0.0103%8h4.3740+0.960%$456K$3.8M75xas long as short
Extended NEAR-USD+0.0104%1h4.3646+0.743%$3.6M$17.6M25xas long as short
Aevo NEAR-PERP+0.0136%1h4.3678+0.817%$203K$38K3xas long as short
BingX NEAR-USDC+0.0202%8h4.3630+0.706%$6.7Mas long as short
Kalshi KXNEARPERP+0.0206%8h4.3475+0.348%$957K$25.2M2.2xas long as short
MEXC NEAR_USDT+0.0215%8h4.3630+0.706%$80.4M$149.0M200xas long as short
Binance NEARUSDT+0.0215%8h4.3651+0.756%$265.2M$1.09B75xas long as short
Aster NEARUSDT+0.0235%8h4.3630+0.706%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]shortL +0.0315% / S −0.0202%1h4.3615+0.673%$234K100x
BloFin NEAR-USDT+0.0335%8h4.3510+0.429%$13.4M$32.1M75xas long as short
Nado NEAR-PERP+0.0371%1h4.3598+0.632%$1.7M$3.2M10xas long as short
01 Exchange NEARUSD+0.0376%1h4.3627+0.699%$13K$7K10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3591+0.616%$2.3M$16.9M50xas long as short
Backpack NEAR_USDC_PERP+0.0514%1h4.3518+0.448%$1.2M$7.0M20xas long as short
Hyperliquid NEAR+0.0527%1h4.3640+0.729%$353.5M$315.2M10xas long as short
Arcus NEAR-USD+0.0638%1h4.3620+0.683%$230K$1.6M10xas long as short
Lighter RH NEAR+0.0736%1h4.3724+0.923%$1.5M$6.6M10xas long as short
Lighter NEAR+0.0920%1h4.3731+0.938%$17.3M$24.9M15xas long as short
Pacifica NEAR+0.0949%1h4.3575+0.578%$410K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3382+0.134%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3609+0.658%$641K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1010%1h4.3693+0.852%$1.9M$13.0M25xas long as short
Aftermath Perps NEARUSD+0.1289%1h4.3401+0.177%$5K$10K10xas long as short