Funding arb · Price arb /

NEAR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1451%/8h= +158.9% APRpaid last 24h +0.320%

Price spread now: Aftermath Perps against Gate−0.001%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$44 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NEAR_USDT	4.4115	0.0100	pay 0.0100% / 8h	4h 20m	$32.1M	$64.0M	75x
Short	Aftermath Perps NEARUSD	4.4114	0.1551	get 0.0194% / 1h	20m 00s	$5K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Gate. 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 GatebpFee Aftermath PerpsbpOrdersPrice spread, now −0.001%Rate

Funding earned: $304.75
Price spread: −0.001% → 0.000%: −$0.14
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $280.61
Costs to cover: 0.240%
Break-even: 0.6 days

Slippage unknown: Gate: live order book, 4 min ago; Aftermath Perps: 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 Gate live order book, 4 min ago	0.79 bp	16.6 bp −$17	22.2 bp −$222	37.8 bp −$3,781	54.0 bp −$27.0K
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	4.4042	−0.165%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0008%	1h	4.4042	−0.165%	$2.3M	$15.4M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4022	−0.212%	$109K	$70K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.4069	−0.104%	$605K	$22.1M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4052	−0.143%	$165K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−6.132%	$578	$302K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.4070	−0.102%	$113K	$518K	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.4054	−0.139%	$421K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.4160	+0.102%	$271.2M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4110	−0.011%	$221.8M	$424.4M	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	4.4150	+0.079%	$62.8M	$299.9M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.4098	−0.038%	$251K	−$0	10x	as long as short
Gate NEAR_USDTlong	+0.0100%	8h	4.4115	long leg	$32.1M	$64.0M	75x
MEXC NEAR_USDT	+0.0100%	8h	4.4150	+0.079%	$74.4M	$149.8M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4180	+0.147%	$54.7M	$46.2M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.4149	+0.077%	$72.5M	$130.5M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.4130	+0.034%	—	$147.5M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4057	−0.132%	$8.5M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4206	+0.206%	$265K	$977K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.4210	+0.215%	$1.5M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.4050	−0.147%	$169K	$802K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4074	−0.093%	$232K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4173	+0.131%	$56K	$227K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4170	+0.125%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4220	+0.238%	$458K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4160	+0.102%	$3.8M	$8.4M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0101%	8h	4.4037	−0.177%	$32K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.4210	+0.215%	$206K	$40K	3x	as long as short
SoDEX NEAR-USD	+0.0124%	1h	4.4155	+0.091%	$8K	$52K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.4110	−0.011%	$13.9M	$32.8M	75x	as long as short
Backpack NEAR_USDC_PERP	+0.0300%	1h	4.4159	+0.100%	$1.4M	$6.5M	20x	as long as short
Aster NEARUSDT	+0.0303%	8h	4.4150	+0.079%	$3.0M	$5.5M	50x	as long as short
Hyperliquid NEAR	+0.0313%	1h	4.4186	+0.161%	$364.5M	$324.6M	10x	as long as short
01 Exchange NEARUSD	+0.0320%	1h	4.4120	+0.011%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0320% / S −0.0190%	1h	4.4046	−0.157%	$233K	—	100x	as long as short
Extended NEAR-USD	+0.0360%	1h	4.4132	+0.038%	$3.9M	$19.7M	25x	as long as short
Nado NEAR-PERP	+0.0540%	1h	4.4065	−0.113%	$1.9M	$3.1M	10x	as long as short
Arcus NEAR-USD	+0.0581%	1h	4.4120	+0.011%	$218K	$1.8M	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0588%	1h	4.4183	+0.155%	$8.1M	$39.7M	50x	as long as short
Lighter RH NEAR	+0.0608%	1h	4.4200	+0.193%	$1.5M	$7.2M	10x	as long as short
Phoenix NEAR	+0.0794%	1h	4.4289	+0.394%	$1.8M	$2.8M	10x	as long as short
RISEx NEAR/USDC	+0.0926%	1h	4.4119	+0.010%	$590K	$1.4M	10x	as long as short
Lighter NEAR	+0.0928%	1h	4.4211	+0.217%	$17.8M	$26.5M	15x	as long as short
Aftermath Perps NEARUSDshort	+0.1551%	1h	4.4114	−0.001%	$5K	$12K	10x
Deribit NEAR_USDC-PERPETUAL	+0.1585%	1h	4.4230	+0.261%	$2.0M	$7.3M	25x	as long as short