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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Polymarket Perps−0.198%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days+0.130%+$13 · spread now −0.198%, 7d avg −0.019%
Together, before fees+0.119%+$12 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: Binance is 0.179% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NEAR-USD4.34990.0100pay 0.0013% / 1h4m 16s$204K$3.4M10x
ShortBinance NEARUSDT4.34130.0100get 0.0100% / 8h7h 04m$259.1M$1.05B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: −0.198% → −0.019%
−$17.93
Slippage, 4 orders
−$12.28
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$48.21
Costs to cover
0.303%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; Binance: live order book, 10 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, 5 min ago2.20 bp8.2 bp −$814.8 bp −$148doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago1.15 bp7.6 bp −$812.9 bp −$12938.2 bp −$3,816118.3 bp −$59.1K

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−0.0299%8h4.3370−0.297%$3.9M$8.4M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.3472−0.063%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0129%1h4.3445−0.124%$8.0M$38.0M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.3380−0.274%$2.2M$13.3M50xas long as short
Kalshi KXNEARPERP0.0000%8h4.3447−0.120%$384K$18.8M2.2xas long as short
dYdX NEAR-USD+0.0004%1h4.3518+0.044%$113K$64K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0005%1h4.3462−0.085%$162K150xas long as short
Variational Omni NEAR+0.0010%8h4.3057−1.016%$8.2M$18.8Mas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.802%$578$302K12xas long as short
01 Exchange NEARUSD+0.0040%1h4.3482−0.039%$13K$7K10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex NEARUSDT+0.0096%1h4.3500+0.002%$116K$474K50xas long as short
Orderly PERP_NEAR_USDC+0.0098%8h4.3449−0.115%$58K$162K20xas long as short
Aster NEARUSDT+0.0100%8h4.3552+0.122%$3.0M$5.8M50xas long as short
Pacifica NEAR+0.0100%1h4.3528+0.068%$405K$1.2M10xas long as short
Binance NEARUSDTshort+0.0100%8h4.3413−0.198%$259.1M$1.05B75x
Bybit NEARUSDT+0.0100%8h4.3340−0.366%$222.2M$416.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3310−0.434%$61.5M$277.6M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3540+0.094%$206K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3243−0.589%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3460−0.090%$31.2M$61.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3480−0.044%$76.1M$142.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3500+0.002%$56.5M$42.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3410−0.205%$71.9M$122.4M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3460−0.090%$141.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.3270−0.526%$258K$1.1M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3241−0.593%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3290−0.480%$181K$775K50xas long as short
Polymarket Perps NEAR-USDlong+0.0100%1h4.3499long leg$204K$3.4M10x
SunX NEAR-USDT+0.0100%8h4.3530+0.071%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3410−0.205%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3560+0.140%$459K$3.6M75xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3492−0.015%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3394−0.242%$3.9M$17.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3428−0.163%$202K$31K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3250−0.572%$13.2M$27.7M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0377% / S −0.0308%1h4.3458−0.095%$278K100xas long as short
Nado NEAR-PERP+0.0411%1h4.3511+0.028%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0428%1h4.3527+0.065%$411K$1.2M10xas long as short
Hyperliquid NEAR+0.0453%1h4.3558+0.136%$369.7M$301.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0464%1h4.3464−0.080%$1.9M$3.9M25xas long as short
Backpack NEAR_USDC_PERP+0.0488%1h4.3544+0.103%$1.3M$5.9M20xas long as short
Lighter RH NEAR+0.0496%1h4.3440−0.136%$1.6M$7.0M10xas long as short
Phoenix NEAR+0.0499%1h4.3218−0.646%$1.8M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.1471%1h4.3328−0.394%$5K$12K10xas long as short
Lighter NEAR+0.1792%1h4.3512+0.030%$17.4M$24.8M15xas long as short