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+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Aevo against Pacifica−0.070%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1161.163% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 3 days (all we have)−0.010%−$1 · spread now −0.070%, 7d avg −0.026%
Together, before fees−0.043%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.045% cheaper against Pacifica than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.36590.0100pay 0.0013% / 1h55m 03s$412K$1.2M10x
ShortAevo NEAR-PERP4.36280.0104get 0.0013% / 1h55m 03s$203K$34K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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
$0.84
Price spread: −0.070% → −0.026%
−$4.48
Slippage, 4 orders
−$92.28
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$119.91
Costs to cover
1.163%
Break-even
1006.3 days
Slippage from Pacifica: live order book, 4 min ago; Aevo: live order book, 9 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 Pacifica live order book, 4 min ago2.52 bp15.1 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Aevo live order book, 9 min ago10.31 bp44.4 bp −$44doesn't fitdoesn't fitdoesn't fit

NEAR on 44 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%1h4.3584−0.172%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.3617−0.096%$2.2M$14.1M50xas long as short
dYdX NEAR-USD0.0000%1h4.3618−0.094%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3641−0.041%$539K$19.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3573−0.196%$197K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.151%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3620−0.090%$114K$488K50xas long as short
Pacifica NEARlong+0.0100%1h4.3659long leg$412K$1.2M10x
Binance NEARUSDT+0.0100%8h4.3698+0.090%$265.1M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3699+0.091%$220.6M$416.6M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3680+0.048%$62.1M$288.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3657−0.005%$249K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3652−0.016%$31.4M$61.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3680+0.048%$75.9M$139.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3670+0.025%$54.0M$43.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3654−0.012%$71.7M$126.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3670+0.025%$144.1Mas long as short
Variational Omni NEAR+0.0100%8h4.3808+0.341%$8.4M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3645−0.032%$267K$993K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3657−0.005%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3610−0.112%$194K$777K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3636−0.053%$204K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3603−0.128%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3670+0.025%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3625−0.078%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3720+0.140%$456K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3650−0.021%$3.8M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3651−0.017%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3574−0.194%$3.8M$18.6M25xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.3628−0.070%$203K$34K3x
Aster NEARUSDT+0.0189%8h4.3676+0.039%$3.0M$5.5M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0278%1h4.3618−0.094%$1.9M$4.3M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0348% / S −0.0243%1h4.3565−0.215%$255K100xas long as short
01 Exchange NEARUSD+0.0408%1h4.36590.000%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.3680+0.048%$208K$1.7M10xas long as short
Nado NEAR-PERP+0.0411%1h4.3583−0.174%$1.9M$3.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0548%1h4.3700+0.094%$1.4M$6.4M20xas long as short
Phoenix NEAR+0.0592%1h4.3900+0.552%$1.8M$2.7M10xas long as short
Kraken Futures PF_NEARUSD+0.0706%1h4.3652−0.016%$8.1M$41.0M50xas long as short
Hyperliquid NEAR+0.0756%1h4.3735+0.174%$368.2M$306.3M10xas long as short
Lighter RH NEAR+0.0816%1h4.3698+0.089%$1.6M$6.9M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.3664+0.011%$550K$1.3M10xas long as short
Lighter NEAR+0.0944%1h4.3754+0.216%$17.5M$25.5M15xas long as short
Aftermath Perps NEARUSD+0.1691%1h4.3645−0.033%$5K$12K10xas long as short