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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0829%/8h= −90.8% APRnext payment $1.04 per $10,000 · paid last 24h −0.163%
Price spread now: Aevo against RISEx−0.136%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1231.228% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.447%−$45 on $10k
Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.136%, 7d avg −0.030%
Together, before fees−0.296%−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Aevo is 0.106% cheaper against RISEx than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.37140.0965pay 0.0121% / 1h48m 57s$643K$1.4M10x
ShortAevo NEAR-PERP4.36550.0136get 0.0017% / 1h48m 57s$203K$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against RISEx. 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
−$174.16
Price spread: −0.136% → −0.030%
−$10.56
Slippage, 4 orders
−$100.79
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$307.51
Costs to cover
1.228%
Break-even
never at this rate
Slippage from RISEx: live order book, 5 min ago; Aevo: live order book, 55 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 RISEx live order book, 5 min ago2.33 bp5.3 bp −$512.1 bp −$121doesn't fitdoesn't fit
Sell Aevo live order book, 55 min ago10.03 bp56.1 bp −$56doesn't fitdoesn'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%1h4.3623−0.208%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3692−0.051%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3629−0.196%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3603−0.255%$7.2M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.271%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3690−0.055%$106K$491K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3570−0.330%$219.9M$431.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3550−0.375%$61.2M$293.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3597−0.268%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3646−0.156%$35.6M$61.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3660−0.124%$52.9M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3551−0.373%$72.2M$128.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.3467−0.566%$8.6M$18.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.3475−0.546%$252K$899K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3486−0.521%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3500−0.490%$164K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3687−0.062%$282K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3648−0.151%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3720+0.013%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3630−0.192%$5K$53K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3640−0.170%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3691−0.054%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3549−0.378%$3.6M$17.5M25xas long as short
HTX NEAR-USDT+0.0104%8h4.3730+0.036%$456K$3.8M75xas long as short
Aevo NEAR-PERPshort+0.0136%1h4.3655−0.136%$203K$38K3x
BingX NEAR-USDC+0.0204%8h4.3650−0.147%$6.7Mas long as short
Kalshi KXNEARPERP+0.0205%8h4.3677−0.085%$961K$25.2M2.2xas long as short
MEXC NEAR_USDT+0.0215%8h4.3650−0.147%$80.8M$149.1M200xas long as short
Binance NEARUSDT+0.0217%8h4.3600−0.261%$264.9M$1.09B75xas long as short
Aster NEARUSDT+0.0233%8h4.3635−0.181%$2.7M$4.8M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0202%1h4.3624−0.206%$234K100xas long as short
BloFin NEAR-USDT+0.0337%8h4.3670−0.101%$13.4M$32.2M75xas long as short
Nado NEAR-PERP+0.0368%1h4.3631−0.191%$1.7M$3.2M10xas long as short
01 Exchange NEARUSD+0.0376%1h4.3718+0.009%$13K$7K10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3693−0.048%$2.3M$16.9M50xas long as short
Hyperliquid NEAR+0.0506%1h4.3677−0.085%$353.7M$315.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0544%1h4.3667−0.108%$1.2M$6.9M20xas long as short
Arcus NEAR-USD+0.0638%1h4.3710−0.009%$230K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0690%1h4.3664−0.115%$1.9M$13.0M25xas long as short
Lighter RH NEAR+0.0712%1h4.3703−0.025%$1.5M$6.6M10xas long as short
Lighter NEAR+0.0896%1h4.3708−0.015%$17.2M$24.9M15xas long as short
Pacifica NEAR+0.0949%1h4.3704−0.022%$412K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3382−0.760%$1.8M$2.4M10xas long as short
RISEx NEAR/USDClong+0.0965%1h4.3714long leg$643K$1.4M10x
Aftermath Perps NEARUSD+0.1289%1h4.3456−0.591%$5K$10K10xas long as short