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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0249%/8h= −27.2% APRnext payment $0.31 per $10,000 · paid last 24h −0.075%
Price spread now: Aevo against GMX+0.121%7-day average +0.016% · you sell dearer than you buy
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 3 days (all we have)−0.213%−$21 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.121%, 7d avg +0.016%
Together, before fees−0.221%−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aevo is 0.105% dearer against GMX than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.016%): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 34 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX NEAR/USD [ETH-USDC]4.4300L +0.0353% / S −0.0246%pay 0.0044% / 1h26m 55s$261K100x
ShortAevo NEAR-PERP4.43540.0104get 0.0013% / 1h26m 55s$207K$34K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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
−$52.19
Price spread: +0.121% → +0.016%
$10.52
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$69.67
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Aevo: live order book, 37 min ago. 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 GMX no order-book sample
Sell Aevo live order book, 37 min ago10.31 bp44.4 bp −$44doesn't fitdoesn't fitdoesn't fit
GMX: 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%1h4.4264−0.082%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.4300−0.001%$2.2M$14.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.4381+0.181%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4367+0.150%$572K$20.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.4307+0.016%$200K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.525%$578$302K12xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0088%1h4.4364+0.143%$1.9M$4.4M25xas long as short
Popdex NEARUSDT+0.0096%1h4.4350+0.112%$116K$490K50xas long as short
Pacifica NEAR+0.0100%1h4.4353+0.119%$419K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4571+0.610%$270.6M$1.08B75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.4550+0.563%$224.1M$418.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4510+0.473%$63.8M$295.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4421+0.271%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4544+0.550%$32.3M$63.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4560+0.586%$77.0M$143.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4570+0.608%$55.9M$44.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4521+0.498%$73.4M$127.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4540+0.541%$145.1Mas long as short
Variational Omni NEAR+0.0100%8h4.4186−0.258%$8.7M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4398+0.220%$266K$984K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4397+0.219%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4160−0.317%$172K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4349+0.110%$212K$3.7M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4298−0.006%$61K$195K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4430+0.292%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4380+0.180%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4510+0.473%$463K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4400+0.225%$3.9M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4336+0.080%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.4523+0.503%$3.8M$18.7M25xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.4354+0.121%$207K$34K3x
BloFin NEAR-USDT+0.0220%8h4.4420+0.270%$13.7M$31.6M75xas long as short
Aster NEARUSDT+0.0240%8h4.4530+0.519%$3.1M$5.4M50xas long as short
GMX NEAR/USD [ETH-USDC]longL +0.0353% / S −0.0246%1h4.4300long leg$261K100x
01 Exchange NEARUSD+0.0368%1h4.4356+0.125%$13K$7K10xas long as short
Nado NEAR-PERP+0.0402%1h4.4280−0.046%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0410%1h4.4390+0.202%$211K$1.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0540%1h4.4498+0.446%$1.4M$6.6M20xas long as short
Kraken Futures PF_NEARUSD+0.0694%1h4.4370+0.157%$8.2M$40.9M50xas long as short
Hyperliquid NEAR+0.0695%1h4.4520+0.496%$370.6M$309.4M10xas long as short
Lighter RH NEAR+0.0696%1h4.4460+0.360%$1.6M$6.9M10xas long as short
Phoenix NEAR+0.0855%1h4.4364+0.143%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.4386+0.194%$538K$1.3M10xas long as short
Lighter NEAR+0.1272%1h4.4455+0.348%$17.8M$25.9M15xas long as short
Aftermath Perps NEARUSD+0.1660%1h4.4306+0.012%$6K$12K10xas long as short