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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1097%/8h= +120.1% APRnext payment +$1.37 per $10,000 · paid last 24h +0.222%
Price spread now: RISEx against Reya−0.061%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. RISEx is 0.061% cheaper against Reya than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4 hours of funding at the current rate (+$33 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.4113−0.0171get 0.0021% / 1h34m 05s$2K20x
ShortRISEx NEAR/USDC4.40860.0926get 0.0116% / 1h34m 05s$561K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Reya. 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
$230.27
Price spread: −0.061% → 0.000%
−$6.06
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee RISEx: 3 bp × 2 orders
−$6
Net
$212.21
Costs to cover
0.120%
Break-even
0.5 days
Slippage unknown: Reya: no order-book sample; RISEx: live order book, 5 min ago. 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 Reya no order-book sample
Sell RISEx live order book, 5 min ago3.02 bp6.0 bp −$616.2 bp −$162doesn't fitdoesn't fit
Reya: 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 NEARRUSDPERPlong−0.0171%1h4.4113long leg$2K20x
Coinbase International NEAR-PERP-INTX−0.0008%1h4.3921−0.435%$2.2M$15.3M50xas long as short
dYdX NEAR-USD0.0000%1h4.3950−0.369%$108K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3954−0.360%$598K$22.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4101−0.027%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.127%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4070−0.097%$117K$514K50xas long as short
Pacifica NEAR+0.0100%1h4.3973−0.317%$420K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4207+0.214%$271.3M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4169+0.127%$221.9M$424.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4160+0.107%$62.7M$300.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3987−0.284%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4141+0.064%$32.0M$63.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4170+0.130%$74.3M$148.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4180+0.152%$54.9M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4144+0.071%$72.5M$130.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4140+0.062%$147.2Mas long as short
Variational Omni NEAR+0.0100%8h4.3977−0.307%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4041−0.162%$264K$978K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4010−0.233%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4010−0.233%$169K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4140+0.062%$235K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4139+0.059%$56K$217K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4080−0.074%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4140+0.062%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4220+0.243%$458K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4170+0.130%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3984−0.291%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4175+0.141%$205K$40K3xas long as short
Hyperliquid NEAR+0.0165%1h4.4202+0.202%$364.4M$325.0M10xas long as short
Backpack NEAR_USDC_PERP+0.0220%1h4.4191+0.177%$1.3M$6.6M20xas long as short
BloFin NEAR-USDT+0.0220%8h4.4180+0.152%$13.9M$32.9M75xas long as short
Extended NEAR-USD+0.0224%1h4.4125+0.029%$4.0M$19.6M25xas long as short
01 Exchange NEARUSD+0.0248%1h4.4078−0.079%$13K$7K10xas long as short
Aster NEARUSDT+0.0290%8h4.4161+0.109%$3.0M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0330% / S −0.0206%1h4.4102−0.024%$240K100xas long as short
Lighter RH NEAR+0.0480%1h4.4203+0.204%$1.5M$7.2M10xas long as short
Nado NEAR-PERP+0.0551%1h4.4115+0.004%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4110−0.006%$221K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0588%1h4.4163+0.114%$8.1M$39.9M50xas long as short
Phoenix NEAR+0.0794%1h4.4338+0.510%$1.8M$2.8M10xas long as short
Lighter NEAR+0.0896%1h4.4233+0.271%$17.8M$26.3M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0905%1h4.4191+0.177%$1.9M$6.9M25xas long as short
RISEx NEAR/USDCshort+0.0926%1h4.4086−0.061%$561K$1.4M10x
Aftermath Perps NEARUSD+0.1539%1h4.4227+0.259%$5K$12K10xas long as short