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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0092%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.028%
Price spread now: Popdex against gTrade (Gains Network)+0.177%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2952.952% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.099%+$10 on $10k
Price spread, last 4 days (all we have)−0.441%−$44 · spread now +0.177%, 7d avg +0.040%
Together, before fees−0.342%−$34 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 Popdex is 0.137% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NEAR/USD4.4671L +0.0004% / S −0.0006%pay 0.0001% / 1h44m 44s$168K150x
ShortPopdex NEARUSDT4.47500.0096get 0.0012% / 1h44m 44s$123K$504K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against gTrade (Gains Network). 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
$19.24
Price spread: +0.177% → +0.040%
$13.68
Slippage, 4 orders
−$278.84
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$262.32
Costs to cover
2.952%
Break-even
102.4 days
Slippage from gTrade (Gains Network): virtual book (oracle exchange), 2 min ago; Popdex: 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 gTrade (Gains Network) virtual book (oracle exchange), 2 min ago130.01 bp135.0 bp −$135875.9 bp −$8,7599405.4 bp −$940.5Kdoesn't fit
Sell Popdex live order book, 2 min ago5.59 bp11.0 bp −$1140.6 bp −$406doesn't fitdoesn't fit

NEAR on 45 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0237%1h4.4672+0.003%$7.4M$36.9M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4684+0.029%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4644−0.060%$109K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4712+0.092%$841K$26.1M2.2xas long as short
gTrade (Gains Network) NEAR/USDlongL +0.0004% / S −0.0006%1h4.4671long leg$168K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.300%$578$301K12xas long as short
Popdex NEARUSDTshort+0.0096%1h4.4750+0.177%$123K$504K50x
Aster NEARUSDT+0.0100%8h4.4676+0.011%$2.6M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4664−0.015%$271.0M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4666−0.011%$230.7M$427.0M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4660−0.025%$63.9M$296.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4750+0.177%$267K$12K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4663−0.018%$39.7M$62.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4680+0.020%$76.1M$168.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4680+0.020%$53.1M$43.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4666−0.011%$74.1M$126.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4680+0.020%$76.7Mas long as short
Variational Omni NEAR+0.0100%8h4.4714+0.095%$8.9M$16.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4825+0.344%$265K$871K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4781+0.245%$1.5M$1.7M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4820+0.334%$167K$822K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4723+0.116%$274K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4676+0.011%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4730+0.132%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4695+0.054%$5K$34K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4750+0.177%$464K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4700+0.065%$3.3M$8.0M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.4658−0.028%$33K$24510xas long as short
Extended NEAR-USD+0.0104%1h4.4675+0.010%$3.7M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4655−0.037%$208K$38K3xas long as short
Hyperliquid NEAR+0.0161%1h4.4693+0.049%$360.1M$314.8M10xas long as short
01 Exchange NEARUSD+0.0208%1h4.4746+0.168%$13K$4K10xas long as short
Nado NEAR-PERP+0.0219%1h4.4704+0.075%$1.8M$3.1M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4700+0.065%$12.9M$32.4M75xas long as short
Lighter NEAR+0.0232%1h4.4704+0.074%$17.4M$23.3M15xas long as short
Lighter RH NEAR+0.0296%1h4.4712+0.092%$1.5M$5.9M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0226%1h4.4650−0.047%$262K100xas long as short
Arcus NEAR-USD+0.0343%1h4.4720+0.110%$226K$1.4M10xas long as short
RISEx NEAR/USDC+0.0489%1h4.4698+0.060%$632K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0504%1h4.4797+0.282%$2.3M$17.5M50xas long as short
Backpack NEAR_USDC_PERP+0.0610%1h4.4707+0.081%$1.1M$7.1M20xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0691%1h4.4694+0.051%$1.9M$13.0M25xas long as short
Phoenix NEAR+0.0741%1h4.4913+0.542%$1.7M$2.7M10xas long as short
Pacifica NEAR+0.0851%1h4.4671−0.001%$418K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1125%1h4.4817+0.327%$6K$6K10xas long as short