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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0378%/8h= −41.3% APRnext payment $0.47 per $10,000 · paid last 24h −0.173%
Price spread now: ApeX Omni against RISEx−0.195%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−$65as in the Price arb table
costs, in and out, $10k−$430.425% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.471%−$47 on $10k
Price spread, last 4 days (all we have)+0.621%+$62 · spread now −0.195%, 7d avg +0.030%
Together, before fees+0.150%+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and ApeX Omni is 0.225% cheaper against RISEx than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.48580.0478pay 0.0060% / 1h49m 10s$641K$1.7M10x
ShortApeX Omni NEARUSDT4.47700.0100get 0.0013% / 1h49m 10s$167K$810K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
−$79.28
Price spread: −0.195% → +0.030%
−$22.46
Slippage, 4 orders
−$26.54
Fee RISEx: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$144.28
Costs to cover
0.425%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; ApeX Omni: live order book, 58 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, 3 min ago2.08 bp5.1 bp −$510.9 bp −$109doesn't fitdoesn't fit
Sell ApeX Omni live order book, 58 min ago5.59 bp15.7 bp −$1678.4 bp −$784doesn't fitdoesn't fit

NEAR on 45 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0381%1h4.4775−0.185%$7.3M$37.1M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4833−0.055%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4884+0.059%$110K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4897+0.088%$919K$26.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4746−0.248%$168K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−7.685%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4890+0.072%$124K$507K50xas long as short
Aster NEARUSDT+0.0100%8h4.4820−0.084%$2.7M$5.0M50xas long as short
Binance NEARUSDT+0.0100%8h4.4807−0.112%$270.6M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4836−0.048%$230.3M$429.7M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4830−0.061%$63.8M$300.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4850−0.017%$276K$24K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4804−0.119%$41.0M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4830−0.061%$75.5M$168.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4790−0.150%$53.9M$44.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4806−0.115%$74.6M$127.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4820−0.084%$74.6Mas long as short
Variational Omni NEAR+0.0100%8h4.4723−0.300%$8.7M$15.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.4769−0.198%$265K$864K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4740−0.262%$1.5M$1.9M10xas long as short
ApeX Omni NEARUSDTshort+0.0100%1h4.4770−0.195%$167K$810K50x
Polymarket Perps NEAR-USD+0.0100%1h4.4860+0.006%$189K$4.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4776−0.182%$55K$273K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4920+0.139%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4798−0.133%$5K$34K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4840−0.039%$463K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4820−0.084%$3.4M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4909+0.115%$32K$38910xas long as short
Extended NEAR-USD+0.0104%1h4.4745−0.251%$3.7M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4754−0.230%$208K$38K3xas long as short
Lighter NEAR+0.0168%1h4.4853−0.009%$17.0M$24.7M15xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0191% / S −0.0033%1h4.4772−0.192%$241K100xas long as short
Lighter RH NEAR+0.0192%1h4.4871+0.030%$1.6M$5.7M10xas long as short
Hyperliquid NEAR+0.0213%1h4.4857−0.001%$360.6M$312.6M10xas long as short
01 Exchange NEARUSD+0.0216%1h4.4869+0.026%$13K$4K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4830−0.061%$12.8M$32.4M75xas long as short
Arcus NEAR-USD+0.0253%1h4.4880+0.050%$226K$1.4M10xas long as short
RISEx NEAR/USDClong+0.0478%1h4.4858long leg$641K$1.7M10x
Nado NEAR-PERP+0.0490%1h4.4780−0.173%$1.8M$3.1M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0544%1h4.4889+0.070%$2.3M$17.6M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0666%1h4.4797−0.135%$1.9M$13.0M25xas long as short
Pacifica NEAR+0.0687%1h4.4886+0.062%$422K$1.3M10xas long as short
Backpack NEAR_USDC_PERP+0.0718%1h4.4853−0.010%$1.1M$7.2M20xas long as short
Phoenix NEAR+0.0733%1h4.5001+0.320%$1.7M$2.6M10xas long as short
Aftermath Perps NEARUSD+0.0939%1h4.4883+0.056%$6K$6K10xas long as short