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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against edgeX−0.496%71s7-day average +0.007% · you buy dearer than you sell
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 7 days−0.050%−$5 on $10k
Price spread, last 4 days (all we have)+0.739%+$74 · spread now −0.496%, 7d avg +0.007%
Together, before fees+0.689%+ Points / potential airdropedgeX: Active · farm board+$69 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.503% cheaper against edgeX than usual: you would sell low and buy high, −$50 on $10k if it goes back to its 7-day average of +0.007%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.44770.0100pay 0.0050% / 4h1h 27m$267K$989K20x
ShortOrderly PERP_NEAR_USDC4.42570.0100get 0.0100% / 8h5h 27m$61K$195K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$0
Price spread: −0.496% → +0.007%
−$50.3
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$65.3
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 16 min ago; Orderly: 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, 16 min ago7.95 bp13.1 bp −$1333.0 bp −$330doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h4.4257−0.496%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.4291−0.419%$2.2M$14.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.4269−0.468%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4345−0.298%$589K$19.8M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.4295−0.410%$1.9M$4.4M25xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.4268−0.471%$200K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.897%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4300−0.399%$116K$490K50xas long as short
Pacifica NEAR+0.0100%1h4.4277−0.451%$418K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4329−0.334%$269.1M$1.08B75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.4309−0.379%$222.6M$419.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4260−0.489%$63.6M$293.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4421−0.128%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4300−0.399%$32.1M$62.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4250−0.511%$76.5M$143.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4310−0.377%$55.6M$44.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4244−0.525%$72.9M$127.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4320−0.354%$145.1Mas long as short
Variational Omni NEAR+0.0100%8h4.4186−0.656%$8.7M$18.2Mas long as short
edgeX NEARUSDClong+0.0100%4h4.4477long leg$267K$989K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.4180−0.669%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4160−0.714%$172K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4310−0.377%$212K$3.7M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.4257−0.496%$61K$195K20x
SunX NEAR-USDT+0.0100%8h4.4310−0.377%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4280−0.444%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4340−0.309%$461K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4270−0.467%$3.9M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4255−0.499%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.4256−0.499%$3.8M$18.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4290−0.422%$206K$34K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.4520+0.096%$13.7M$31.7M75xas long as short
Aster NEARUSDT+0.0242%8h4.4320−0.354%$3.0M$5.4M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0352% / S −0.0245%1h4.4279−0.446%$261K100xas long as short
01 Exchange NEARUSD+0.0376%1h4.4292−0.417%$13K$7K10xas long as short
Nado NEAR-PERP+0.0401%1h4.4275−0.455%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0410%1h4.4310−0.377%$211K$1.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0550%1h4.4349−0.289%$1.4M$6.6M20xas long as short
Kraken Futures PF_NEARUSD+0.0696%1h4.4280−0.444%$8.2M$40.9M50xas long as short
Hyperliquid NEAR+0.0703%1h4.4352−0.282%$369.2M$309.2M10xas long as short
Lighter RH NEAR+0.0712%1h4.4377−0.226%$1.6M$6.9M10xas long as short
Phoenix NEAR+0.0855%1h4.4463−0.033%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.4321−0.352%$554K$1.3M10xas long as short
Lighter NEAR+0.1272%1h4.4332−0.326%$17.7M$25.9M15xas long as short
Aftermath Perps NEARUSD+0.1655%1h4.4295−0.410%$6K$12K10xas long as short