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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Orderly against Popdex+0.063%7-day average −0.008% · you sell dearer than you buy
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 4 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.211%+$21 · spread now +0.063%, 7d avg −0.008%
Together, before fees+0.216%+$22 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: Orderly is 0.071% dearer against Popdex than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex NEARUSDT4.30000.0096pay 0.0012% / 1h5m 53s$110K$501K50x
ShortOrderly PERP_NEAR_USDC4.30270.0100get 0.0100% / 8h3h 05m$57K$246K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Popdex. 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: +0.063% → −0.008%
$7.05
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$4.51
Costs to cover
0.124%
Break-even
44.6 days
Slippage unknown: Popdex: live order book, 48 min ago; Orderly: 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 Popdex live order book, 48 min ago14.94 bp21.1 bp −$2183.5 bp −$835doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h4.2987−0.029%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3132+0.308%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2980−0.046%$162K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.698%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3072+0.167%$2.3M$15.8M50xas long as short
Popdex NEARUSDTlong+0.0096%1h4.3000long leg$110K$501K50x
Binance NEARUSDT+0.0100%8h4.2957−0.101%$262.4M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2884−0.270%$212.2M$426.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2900−0.233%$60.8M$285.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3449+1.044%$248K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.2966−0.079%$31.9M$62.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3030+0.070%$73.6M$147.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3030+0.070%$53.4M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2909−0.212%$70.9M$127.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.30000.000%$144.4Mas long as short
Variational Omni NEAR+0.0100%8h4.2987−0.029%$8.1M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3144+0.335%$252K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3206+0.479%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3130+0.302%$166K$795K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3039+0.091%$269K$3.9M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.3027+0.063%$57K$246K20x
SunX NEAR-USDT+0.0100%8h4.3090+0.209%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3100+0.233%$462K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3010+0.023%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3121+0.281%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3037+0.086%$200K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3210+0.488%$13.5M$31.9M75xas long as short
Kalshi KXNEARPERP+0.0261%8h4.3104+0.242%$869K$23.5M2.2xas long as short
Pacifica NEAR+0.0263%1h4.3169+0.393%$398K$1.3M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0322% / S −0.0198%1h4.2971−0.068%$232K100xas long as short
SoDEX NEAR-USD+0.0333%1h4.2995−0.012%$6K$53K10xas long as short
Aster NEARUSDT+0.0335%8h4.2990−0.023%$2.8M$5.5M50xas long as short
01 Exchange NEARUSD+0.0520%1h4.3171+0.398%$13K$7K10xas long as short
Extended NEAR-USD+0.0560%1h4.2986−0.034%$3.8M$19.8M25xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0564%1h4.3017+0.040%$1.9M$9.9M25xas long as short
Nado NEAR-PERP+0.0567%1h4.3029+0.068%$1.8M$3.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0567%1h4.3016+0.037%$1.3M$6.8M20xas long as short
Hyperliquid NEAR+0.0577%1h4.2954−0.107%$351.8M$312.7M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3160+0.372%$212K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0717%1h4.2990−0.024%$7.5M$38.9M50xas long as short
Lighter RH NEAR+0.0920%1h4.3067+0.156%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3324+0.753%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1072%1h4.3079+0.184%$17.4M$25.1M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3148+0.344%$670K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1589%1h4.3223+0.519%$5K$12K10xas long as short