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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0149%/8h= +16.3% APRnext payment +$0.19 per $10,000 · paid last 24h +0.055%
Price spread now: RISEx against GMX+0.201%7-day average +0.049% · 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)+0.146%+$15 on $10k
Price spread, last 3 days (all we have)−0.218%−$22 · spread now +0.201%, 7d avg +0.049%
Together, before fees−0.072%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.152% dearer against GMX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX NEAR/USD [ETH-USDC]4.3392L +0.0360% / S −0.0278%pay 0.0045% / 1h37m 08s$260K100x
ShortRISEx NEAR/USDC4.34790.0509get 0.0064% / 1h37m 08s$544K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$31.27
Price spread: +0.201% → +0.049%
$15.21
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$28.48
Costs to cover
0.180%
Break-even
0.6 days
Slippage unknown: GMX: no order-book sample; RISEx: live order book, 2 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 RISEx live order book, 2 min ago4.59 bp7.6 bp −$816.2 bp −$162doesn'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%1h4.3381−0.025%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3375−0.038%$2.2M$13.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.3382−0.023%$108K$69K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3314−0.179%$526K$19.6M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3399+0.018%$201K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.567%$578$302K12xas long as short
Variational Omni NEAR+0.0043%8h4.3108−0.653%$8.2M$19.1Mas long as short
Popdex NEARUSDT+0.0096%1h4.3430+0.088%$116K$478K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3393+0.003%$58K$161K20xas long as short
Pacifica NEAR+0.0100%1h4.3385−0.015%$410K$1.2M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.3415+0.053%$259.4M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3391−0.001%$220.7M$419.8M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3380−0.027%$61.2M$281.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3470+0.181%$206K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3300−0.211%$247K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3376−0.036%$31.1M$60.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3400+0.019%$75.3M$138.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3430+0.088%$55.8M$42.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3400+0.019%$71.9M$123.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3400+0.019%$142.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3236−0.358%$260K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3339−0.120%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3230−0.372%$179K$775K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3434+0.098%$214K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.3480+0.204%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3395+0.008%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3490+0.227%$443K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3400+0.019%$3.8M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3371−0.048%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3384−0.017%$3.8M$17.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3384−0.018%$202K$34K3xas long as short
Aster NEARUSDT+0.0112%8h4.3466+0.172%$3.0M$5.8M50xas long as short
Kraken Futures PF_NEARUSD+0.0218%1h4.3416+0.057%$7.6M$40.2M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3220−0.396%$13.2M$27.6M75xas long as short
GMX NEAR/USD [ETH-USDC]longL +0.0360% / S −0.0278%1h4.3392long leg$260K100x
01 Exchange NEARUSD+0.0368%1h4.3475+0.192%$13K$7K10xas long as short
Nado NEAR-PERP+0.0442%1h4.3430+0.088%$1.9M$3.1M10xas long as short
RISEx NEAR/USDCshort+0.0509%1h4.3479+0.201%$544K$1.3M10x
Deribit NEAR_USDC-PERPETUAL+0.0580%1h4.3420+0.065%$1.9M$4.1M25xas long as short
Phoenix NEAR+0.0592%1h4.3434+0.098%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0672%1h4.3463+0.165%$1.6M$6.9M10xas long as short
Hyperliquid NEAR+0.0743%1h4.3467+0.174%$365.0M$303.4M10xas long as short
Backpack NEAR_USDC_PERP+0.0794%1h4.3446+0.125%$1.4M$6.0M20xas long as short
Lighter NEAR+0.1432%1h4.3493+0.234%$17.3M$24.7M15xas long as short
Aftermath Perps NEARUSD+0.1439%1h4.3261−0.300%$5K$12K10xas long as short