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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0459%/8h= +50.3% APRnext payment +$0.57 per $10,000 · paid last 24h +0.148%
Price spread now: Aftermath Perps against Phoenix−0.595%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.595% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.595% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$60 on $10k: about 4.3 days of funding at the current rate (+$14 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix NEAR4.28900.0542pay 0.0068% / 1h5m 04s$1.8M$2.7M10x
ShortAftermath Perps NEARUSD4.26350.1002get 0.0125% / 1h5m 04s$5K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Phoenix. 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
$96.41
Price spread: −0.595% → 0.000%
−$59.54
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$20.87
Costs to cover
0.160%
Break-even
5.5 days
Slippage unknown: Phoenix: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 3 min ago0.94 bp12.3 bp −$1251.1 bp −$511doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.2903+0.030%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.2898+0.019%$2.2M$13.2M50xas long as short
Injective NEAR/USDC PERP−0.0002%1h4.1410−3.451%$578$302K12xas long as short
dYdX NEAR-USD0.0000%1h4.2862−0.065%$112K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2948+0.135%$455K$18.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2922+0.075%$207K150xas long as short
Kraken Futures PF_NEARUSD+0.0047%1h4.2943+0.124%$7.8M$36.3M50xas long as short
Popdex NEARUSDT+0.0096%1h4.2940+0.117%$107K$490K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2878−0.028%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2949+0.137%$3.0M$5.6M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2891+0.002%$399K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2882−0.019%$249.0M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2850−0.093%$220.3M$420.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2860−0.070%$60.4M$283.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2910+0.047%$197K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2317−1.336%$241K$2K10xas long as short
Gate NEAR_USDT+0.0100%8h4.2882−0.019%$30.3M$59.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2870−0.047%$83.8M$145.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2910+0.047%$56.3M$43.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2867−0.054%$71.3M$125.8M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2860−0.070%$137.6Mas long as short
Variational Omni NEAR+0.0100%8h4.2849−0.095%$8.0M$17.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.2739−0.353%$244K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2644−0.574%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2740−0.350%$179K$790K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2983+0.217%$231K$3.3M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2929+0.091%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2990+0.233%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2909+0.044%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2860−0.070%$3.9M$8.1M50xas long as short
Extended NEAR-USD+0.0104%1h4.2889−0.001%$4.0M$14.8M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2915+0.057%$207K$62K3xas long as short
01 Exchange NEARUSD+0.0152%1h4.2990+0.233%$13K$7K10xas long as short
Lighter RH NEAR+0.0168%1h4.2949+0.138%$1.5M$7.0M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2910+0.047%$12.6M$32.8M75xas long as short
RISEx NEAR/USDC+0.0364%1h4.2972+0.192%$414K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0391% / S −0.0335%1h4.2929+0.090%$293K100xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0402%1h4.2952+0.145%$1.9M$2.3M25xas long as short
Nado NEAR-PERP+0.0469%1h4.2914+0.057%$1.9M$3.5M10xas long as short
Phoenix NEARlong+0.0542%1h4.2890long leg$1.8M$2.7M10x
Backpack NEAR_USDC_PERP+0.0558%1h4.2922+0.075%$1.3M$5.5M20xas long as short
Hyperliquid NEAR+0.0663%1h4.2973+0.194%$371.3M$297.3M10xas long as short
HTX NEAR-USDT+0.0927%8h4.3080+0.443%$462K$3.6M75xas long as short
Lighter NEAR+0.1000%1h4.2994+0.242%$16.5M$23.8M15xas long as short
Aftermath Perps NEARUSDshort+0.1002%1h4.2635−0.595%$5K$11K10x