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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Polymarket Perps+0.723%64s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.572%+$57 · spread now +0.723%, 7d avg +0.005%
Together, before fees+0.601%+ Points / potential airdropedgeX: Active · farm board+$60 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: edgeX is 0.718% dearer against Polymarket Perps than usual: you sell high and buy low, +$72 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NEAR-USD4.29010.0100pay 0.0013% / 1h39m 46s$212K$3.5M10x
ShortedgeX NEARUSDC4.32110.0100get 0.0050% / 4h2h 39m$259K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +0.723% → +0.005%
$71.8
Slippage, 4 orders
−$24.65
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$30.15
Costs to cover
0.416%
Break-even
from the start
Slippage from Polymarket Perps: live order book, 4 min ago; edgeX: live order book, 4 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, 4 min ago3.24 bp7.5 bp −$710.2 bp −$102doesn't fitdoesn't fit
Sell edgeX live order book, 4 min ago8.09 bp12.9 bp −$1330.0 bp −$300doesn'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%1h4.2898−0.006%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3012+0.259%$2.1M$13.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.3153+0.588%$108K$69K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2986+0.198%$505K$19.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2941+0.092%$199K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.475%$578$302K12xas long as short
Variational Omni NEAR+0.0043%8h4.3108+0.483%$8.2M$19.1Mas long as short
Popdex NEARUSDT+0.0096%1h4.2910+0.021%$114K$478K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.3049+0.345%$57K$161K20xas long as short
Pacifica NEAR+0.0100%1h4.3136+0.548%$408K$1.2M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NEARUSDT+0.0100%8h4.3122+0.516%$258.1M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3170+0.627%$219.4M$419.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3200+0.697%$60.8M$279.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.3230+0.767%$205K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3300+0.930%$247K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3006+0.245%$30.8M$60.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3160+0.604%$75.4M$137.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3110+0.487%$55.4M$42.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3186+0.664%$71.5M$123.5M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3210+0.720%$6.6Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.3211+0.723%$259K$1.0M20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3386+1.131%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3250+0.814%$179K$776K50xas long as short
Polymarket Perps NEAR-USDlong+0.0100%1h4.2901long leg$212K$3.5M10x
SunX NEAR-USDT+0.0100%8h4.3000+0.231%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3120+0.510%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3200+0.697%$440K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3190+0.674%$3.8M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3173+0.633%$31K$60810xas long as short
Aster NEARUSDT+0.0100%8h4.3070+0.394%$3.0M$5.8M50xas long as short
Extended NEAR-USD+0.0104%1h4.2995+0.219%$3.8M$17.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3052+0.351%$200K$34K3xas long as short
Kraken Futures PF_NEARUSD+0.0219%1h4.3172+0.632%$7.9M$39.9M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.3220+0.744%$13.2M$27.6M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0358% / S −0.0278%1h4.2947+0.107%$257K100xas long as short
01 Exchange NEARUSD+0.0376%1h4.2929+0.065%$13K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0378%1h4.3053+0.354%$1.9M$4.1M25xas long as short
Nado NEAR-PERP+0.0450%1h4.2895−0.014%$1.9M$3.0M10xas long as short
RISEx NEAR/USDC+0.0509%1h4.3221+0.747%$541K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.3533+1.473%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0640%1h4.3134+0.543%$1.6M$6.9M10xas long as short
Hyperliquid NEAR+0.0745%1h4.3094+0.450%$362.1M$303.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0772%1h4.3166+0.618%$1.4M$6.0M20xas long as short
Lighter NEAR+0.1416%1h4.3150+0.580%$17.2M$24.7M15xas long as short
Aftermath Perps NEARUSD+0.1499%1h4.3160+0.605%$5K$12K10xas long as short