Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.013%

Price spread now: 01 Exchange against edgeX−0.409%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. 01 Exchange is 0.409% cheaper against edgeX than usual: you would sell low and buy high (spread −0.409% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$41 on $10k: about 9.7 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX NEARUSDC	4.4195	0.0100	pay 0.0050% / 4h	37m 13s	$265K	$977K	20x
Short	01 Exchange NEARUSD	4.4014	0.0240	get 0.0030% / 1h	37m 13s	$13K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee edgeXbpFee 01 ExchangebpOrdersPrice spread, now −0.409%Rate

Funding earned: $29.4
Price spread: −0.409% → 0.000%: −$40.93
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$27.53
Costs to cover: 0.160%
Break-even: 13.6 days

Slippage unknown: edgeX: live order book, 12 min ago; 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 12 min ago	10.08 bp	14.9 bp −$15	33.0 bp −$330	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya NEARRUSDPERP	−0.0171%	1h	4.3949	−0.557%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.3977	−0.493%	$2.2M	$15.2M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3989	−0.466%	$108K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.3968	−0.513%	$609K	$22.0M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3989	−0.466%	$164K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.301%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3990	−0.464%	$116K	$514K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4014	−0.409%	$421K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4020	−0.396%	$269.2M	$1.11B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3955	−0.543%	$221.0M	$424.9M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3990	−0.464%	$62.4M	$298.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4550	+0.804%	$254K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3986	−0.473%	$31.9M	$63.3M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.4020	−0.396%	$73.6M	$148.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3960	−0.531%	$54.7M	$46.0M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4006	−0.427%	$72.4M	$130.2M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.4000	−0.441%	—	$6.6M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4567	+0.841%	$8.7M	$18.2M	—	as long as short
edgeX NEARUSDClong	+0.0100%	4h	4.4195	long leg	$265K	$977K	20x
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4605	+0.928%	$1.5M	$1.4M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4150	−0.102%	$170K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3984	−0.477%	$235K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4024	−0.387%	$56K	$217K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4120	−0.169%	$1K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.4015	−0.407%	$8K	$53K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4090	−0.237%	$457K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4030	−0.373%	$3.8M	$8.5M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4001	−0.438%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4037	−0.357%	$205K	$40K	3x	as long as short
Hyperliquid NEAR	+0.0153%	1h	4.3994	−0.455%	$362.9M	$324.7M	10x	as long as short
Extended NEAR-USD	+0.0200%	1h	4.3993	−0.457%	$4.0M	$19.6M	25x	as long as short
Backpack NEAR_USDC_PERP	+0.0204%	1h	4.4083	−0.253%	$1.3M	$6.6M	20x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4000	−0.441%	$13.8M	$32.7M	75x	as long as short
01 Exchange NEARUSDshort	+0.0240%	1h	4.4014	−0.409%	$13K	$7K	10x
Aster NEARUSDT	+0.0290%	8h	4.3992	−0.459%	$3.0M	$5.6M	50x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0329% / S −0.0206%	1h	4.3994	−0.455%	$239K	—	100x	as long as short
Lighter RH NEAR	+0.0456%	1h	4.4070	−0.283%	$1.5M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0572%	1h	4.3948	−0.558%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4060	−0.305%	$221K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0590%	1h	4.4040	−0.351%	$8.1M	$39.9M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0591%	1h	4.4038	−0.355%	$1.9M	$6.8M	25x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4338	+0.324%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.0880%	1h	4.4099	−0.217%	$17.8M	$26.3M	15x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4033	−0.366%	$559K	$1.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1564%	1h	4.4369	+0.395%	$6K	$12K	10x	as long as short