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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Polymarket Perps+0.857%63s7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 4 days (all we have)+0.232%+$23 · spread now +0.857%, 7d avg +0.071%
Together, before fees+0.260%+$26 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: ApeX Omni is 0.786% dearer against Polymarket Perps than usual: you sell high and buy low, +$79 on $10k if it goes back to its 7-day average of +0.071%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NEAR-USD4.42210.0100pay 0.0013% / 1h37m 38s$238K$3.9M10x
ShortApeX Omni NEARUSDT4.46000.0100get 0.0013% / 1h37m 38s$171K$792K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
Price spread: +0.857% → +0.071%
$78.63
Slippage, 4 orders
−$33.4
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$27.23
Costs to cover
0.514%
Break-even
from the start
Slippage from Polymarket Perps: live order book, 1 min ago; ApeX Omni: live order book, 21 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, 1 min ago1.70 bp9.8 bp −$1028.8 bp −$288doesn't fitdoesn't fit
Sell ApeX Omni live order book, 21 min ago7.82 bp16.5 bp −$1688.0 bp −$880doesn'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
Reya NEARRUSDPERP−0.0171%1h4.4161−0.135%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4177−0.100%$2.2M$15.3M50xas long as short
dYdX NEAR-USD0.0000%1h4.3989−0.524%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4209−0.027%$607K$22.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4149−0.162%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.357%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3990−0.522%$116K$514K50xas long as short
Pacifica NEAR+0.0100%1h4.4014−0.468%$421K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4007−0.484%$269.1M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3976−0.554%$221.0M$424.6M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3980−0.545%$62.6M$298.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4550+0.744%$254K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3988−0.527%$31.9M$63.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4000−0.500%$73.8M$148.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4000−0.500%$54.7M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3972−0.563%$72.2M$130.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3990−0.522%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.4567+0.782%$8.7M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4571+0.791%$267K$976K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4605+0.869%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.4600+0.857%$171K$792K50x
Polymarket Perps NEAR-USDlong+0.0100%1h4.4221long leg$238K$3.9M10x
Orderly PERP_NEAR_USDC+0.0100%8h4.4122−0.224%$56K$217K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4290+0.156%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4094−0.287%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4160−0.138%$460K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4130−0.206%$3.8M$8.5M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4001−0.497%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4143−0.177%$205K$40K3xas long as short
Hyperliquid NEAR+0.0154%1h4.4053−0.380%$363.5M$324.6M10xas long as short
Extended NEAR-USD+0.0200%1h4.3959−0.592%$4.0M$19.6M25xas long as short
Backpack NEAR_USDC_PERP+0.0204%1h4.4083−0.312%$1.3M$6.6M20xas long as short
BloFin NEAR-USDT+0.0220%8h4.4190−0.070%$13.9M$32.9M75xas long as short
01 Exchange NEARUSD+0.0240%1h4.4014−0.468%$13K$7K10xas long as short
Aster NEARUSDT+0.0290%8h4.4022−0.450%$3.0M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0330% / S −0.0206%1h4.4132−0.202%$240K100xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0339%1h4.4133−0.199%$1.9M$6.8M25xas long as short
Lighter RH NEAR+0.0456%1h4.4088−0.301%$1.5M$7.2M10xas long as short
Nado NEAR-PERP+0.0553%1h4.4185−0.081%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4060−0.364%$221K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0589%1h4.4103−0.266%$8.2M$39.9M50xas long as short
Phoenix NEAR+0.0794%1h4.4453+0.525%$1.8M$2.8M10xas long as short
Lighter NEAR+0.0848%1h4.4072−0.336%$17.8M$26.3M15xas long as short
RISEx NEAR/USDC+0.0926%1h4.4033−0.425%$559K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1549%1h4.4442+0.501%$6K$12K10xas long as short