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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against Polymarket Perps−0.330%52s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1131.133% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 3 days (all we have)+0.540%+$54 · spread now −0.330%, 7d avg −0.006%
Together, before fees+0.568%+$57 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 0.323% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NEAR-USD4.31650.0100pay 0.0013% / 1h50m 28s$194K$3.5M10x
ShortAevo NEAR-PERP4.30230.0104get 0.0013% / 1h50m 28s$200K$28K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket Perps. 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: −0.330% → −0.006%
−$32.32
Slippage, 4 orders
−$89.29
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$144.77
Costs to cover
1.133%
Break-even
1213.4 days
Slippage from Polymarket Perps: live order book, 3 min ago; Aevo: live order book, 23 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 Polymarket Perps live order book, 3 min ago2.43 bp6.4 bp −$69.8 bp −$98doesn't fitdoesn't fit
Sell Aevo live order book, 23 min ago42.17 bp50.2 bp −$50doesn't fitdoesn't fitdoesn't fit

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
Phemex NEARUSDT−0.0665%8h4.3020−0.336%$3.9M$8.6M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3115−0.116%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.3066−0.230%$7.6M$37.1M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2957−0.482%$2.3M$13.0M50xas long as short
Bybit NEARUSDT−0.0068%8h4.3130−0.081%$219.8M$418.9M75xas long as short
dYdX NEAR-USD0.0000%1h4.3138−0.063%$112K$64K10xas long as short
01 Exchange NEARUSD0.0000%1h4.3173+0.019%$13K$7K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3033−0.306%$377K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3004−0.373%$204K150xas long as short
Variational Omni NEAR+0.0014%8h4.2988−0.409%$7.9M$18.6Mas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.066%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3160−0.012%$112K$478K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3006−0.368%$57K$193K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3131−0.080%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.3160−0.011%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.3137−0.066%$404K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3160−0.011%$256.3M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3120−0.104%$61.3M$282.4M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3170+0.012%$198K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2646−1.202%$243K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3150−0.035%$31.1M$58.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3130−0.081%$80.1M$138.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3170+0.012%$56.5M$43.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3136−0.067%$71.6M$125.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3130−0.081%$141.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3062−0.240%$267K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3082−0.193%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3080−0.197%$180K$792K50xas long as short
Polymarket Perps NEAR-USDlong+0.0100%1h4.3165long leg$194K$3.5M10x
SunX NEAR-USDT+0.0100%8h4.3080−0.197%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3020−0.336%$5K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3070−0.220%$458K$3.6M75xas long as short
Extended NEAR-USD+0.0104%1h4.3129−0.084%$3.9M$16.5M25xas long as short
Aevo NEAR-PERPshort+0.0104%1h4.3023−0.330%$200K$28K3x
BloFin NEAR-USDT+0.0220%8h4.3040−0.290%$13.0M$29.2M75xas long as short
Hyperliquid NEAR+0.0326%1h4.3205+0.093%$368.5M$300.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0313%1h4.2997−0.389%$275K100xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0378%1h4.3033−0.306%$1.9M$2.9M25xas long as short
Nado NEAR-PERP+0.0387%1h4.3126−0.091%$1.9M$3.3M10xas long as short
Lighter RH NEAR+0.0424%1h4.3167+0.005%$1.6M$6.8M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3179+0.033%$410K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0481%1h4.3107−0.134%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0499%1h4.3136−0.067%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1215%1h4.3001−0.380%$5K$12K10xas long as short
Lighter NEAR+0.2232%1h4.3251+0.200%$17.3M$23.9M15xas long as short