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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against edgeX−0.345%56s7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 3 days (all we have)−0.069%−$7 · spread now −0.345%, 7d avg −0.005%
Together, before fees−0.098%+ Points / potential airdropedgeX: Active · farm board−$10 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: Polymarket Perps is 0.340% cheaper against edgeX than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NEARUSDC4.27030.0100pay 0.0050% / 4h41m 36s$243K$1.2M20x
ShortPolymarket Perps NEAR-USD4.25560.0100get 0.0013% / 1h41m 36s$205K$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.345% → −0.005%
−$33.96
Slippage, 4 orders
−$21.54
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$72.49
Costs to cover
0.385%
Break-even
never at this rate
Slippage from edgeX: live order book, 2 min ago; Polymarket Perps: live order book, 2 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 ago7.04 bp12.2 bp −$1230.3 bp −$303doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 2 min ago1.06 bp9.0 bp −$912.6 bp −$126doesn'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%1h4.2533−0.399%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2624−0.186%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2625−0.184%$110K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2606−0.228%$418K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2613−0.212%$203K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.029%$578$302K12xas long as short
Bybit NEARUSDT+0.0086%8h4.2710+0.016%$219.0M$421.6M75xas long as short
Popdex NEARUSDT+0.0096%1h4.2710+0.016%$109K$496K50xas long as short
Variational Omni NEAR+0.0098%8h4.2670−0.079%$7.8M$18.0Mas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2623−0.189%$31K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.2658−0.107%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2659−0.104%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2724+0.048%$253.1M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2710+0.016%$60.7M$285.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2670−0.078%$201K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3000+0.695%$245K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2641−0.146%$30.0M$59.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2640−0.148%$77.7M$140.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2670−0.078%$55.8M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2645−0.136%$70.8M$126.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2660−0.101%$138.9Mas long as short
edgeX NEARUSDClong+0.0100%4h4.2703long leg$243K$1.2M20x
GRVT NEAR_USDT_Perp+0.0100%8h4.2680−0.055%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2710+0.016%$178K$791K50xas long as short
Polymarket Perps NEAR-USDshort+0.0100%1h4.2556−0.345%$205K$3.4M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.2600−0.242%$56K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2660−0.101%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2578−0.293%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2570−0.312%$3.8M$8.3M50xas long as short
Extended NEAR-USD+0.0104%1h4.2639−0.152%$4.0M$15.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2588−0.270%$205K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2587−0.272%$7.4M$36.9M50xas long as short
01 Exchange NEARUSD+0.0160%1h4.2672−0.073%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2690−0.031%$13.1M$30.7M75xas long as short
Lighter RH NEAR+0.0360%1h4.2701−0.005%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0373% / S −0.0313%1h4.2610−0.219%$272K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2695−0.020%$412K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0421%1h4.2607−0.225%$1.3M$5.5M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0431%1h4.2634−0.162%$1.9M$2.3M25xas long as short
Phoenix NEAR+0.0463%1h4.2745+0.098%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0774%1h4.2714+0.026%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0863%8h4.2640−0.148%$455K$3.7M75xas long as short
Hyperliquid NEAR+0.1029%1h4.2675−0.066%$366.6M$299.3M10xas long as short
Aftermath Perps NEARUSD+0.1189%1h4.2796+0.217%$5K$11K10xas long as short
Lighter NEAR+0.1808%1h4.2750+0.109%$16.4M$23.7M15xas long as short