Funding arb · Price arb /

NEAR

all NEAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0278%/8h= −30.4% APRpaid last 24h −0.127%

Price spread now: SoDEX against HTX−0.160%7-day average — · you buy dearer than you sell

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

Long on HTX Short on SoDEX

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—needs both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SoDEX is 0.160% cheaper against HTX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NEAR-USDT	4.3790	0.0378	pay 0.0378% / 8h	7h 36m	$463K	$3.7M	75x
Short	SoDEX NEAR-USD	4.3720	0.0100	get 0.0013% / 1h	36m 59s	$5K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against HTX. 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 HTXbpFee SoDEXbpOrdersPrice spread, now −0.160%Rate

Funding earned: −$58.38
Price spread: −0.160% → 0.000%: −$15.99
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$94.37
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 2 min ago; SoDEX: 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 HTX live order book, 2 min ago	10.28 bp	18.6 bp −$19	47.7 bp −$477	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Kraken Futures PF_NEARUSD	−0.0432%	1h	4.3712	−0.178%	$7.2M	$38.7M	50x	as long as short
Reya NEARRUSDPERP	−0.0171%	1h	4.3715	−0.171%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3659	−0.298%	$107K	$67K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.3703	−0.199%	$164K	—	150x	as long as short
Injective NEAR/USDC PERP	+0.0033%	1h	4.1410	−5.435%	$578	$301K	12x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3740	−0.114%	$119K	$504K	50x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.3703	−0.200%	$2.7M	$4.8M	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3694	−0.219%	$220.2M	$428.1M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3680	−0.251%	$61.6M	$295.5M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3810	+0.046%	$221K	$1.5M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3687	−0.235%	$36.5M	$62.1M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3730	−0.137%	$52.6M	$45.5M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3695	−0.217%	$72.1M	$127.9M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3698	−0.211%	$9.0M	$18.2M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3747	−0.098%	$254K	$893K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3650	−0.320%	$1.4M	$1.6M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3740	−0.114%	$165K	$826K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3735	−0.126%	$273K	$4.1M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3719	−0.162%	$56K	$239K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3860	+0.160%	$2K	$1.3M	20x	as long as short
SoDEX NEAR-USDshort	+0.0100%	1h	4.3720	−0.160%	$5K	$50K	10x
Phemex NEARUSDT	+0.0100%	8h	4.3730	−0.137%	$3.5M	$8.1M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3708	−0.186%	$252K	$3K	10x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3647	−0.327%	$32K	$585	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3693	−0.221%	$3.6M	$15.7M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3726	−0.146%	$203K	$40K	3x	as long as short
MEXC NEAR_USDT	+0.0107%	8h	4.3710	−0.183%	$90.7M	$157.1M	200x	as long as short
Binance NEARUSDT	+0.0108%	8h	4.3710	−0.182%	$263.8M	$1.09B	75x	as long as short
BingX NEAR-USDT	+0.0118%	8h	4.3700	−0.206%	—	$83.5M	—	as long as short
Kalshi KXNEARPERP	+0.0147%	8h	4.3739	−0.116%	$866K	$25.5M	2.2x	as long as short
Hyperliquid NEAR	+0.0213%	1h	4.3764	−0.059%	$353.6M	$316.2M	10x	as long as short
BloFin NEAR-USDT	+0.0228%	8h	4.3750	−0.091%	$12.5M	$32.4M	75x	as long as short
Nado NEAR-PERP	+0.0278%	1h	4.3731	−0.136%	$1.7M	$3.2M	10x	as long as short
01 Exchange NEARUSD	+0.0320%	1h	4.3827	+0.084%	$13K	$7K	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0352% / S −0.0255%	1h	4.3702	−0.200%	$257K	—	100x	as long as short
HTX NEAR-USDTlong	+0.0378%	8h	4.3790	long leg	$463K	$3.7M	75x
Lighter RH NEAR	+0.0448%	1h	4.3778	−0.027%	$1.5M	$6.4M	10x	as long as short
Lighter NEAR	+0.0472%	1h	4.3766	−0.054%	$17.3M	$23.9M	15x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0488%	1h	4.3820	+0.069%	$2.3M	$17.2M	50x	as long as short
Backpack NEAR_USDC_PERP	+0.0526%	1h	4.3747	−0.098%	$1.1M	$7.1M	20x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0596%	1h	4.3747	−0.098%	$1.9M	$13.1M	25x	as long as short
RISEx NEAR/USDC	+0.0656%	1h	4.3796	+0.014%	$595K	$1.5M	10x	as long as short
Pacifica NEAR	+0.0701%	1h	4.3686	−0.238%	$412K	$1.4M	10x	as long as short
Phoenix NEAR	+0.0740%	1h	4.3762	−0.064%	$1.8M	$2.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.1053%	1h	4.3798	+0.019%	$5K	$7K	10x	as long as short