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−0.1162%/8h= −127.3% APRnext payment $1.45 per $10,000 · paid last 24h −0.172%
Price spread now: dYdX against RISEx−0.109%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2472.472% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.513%−$51 on $10k
Price spread, last 4 days (all we have)−0.152%−$15 · spread now −0.109%, 7d avg −0.060%
Together, before fees−0.665%−$67 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and dYdX is 0.049% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.29370.1162pay 0.0145% / 1h5m 29s$668K$1.3M10x
ShortdYdX NEAR-USD4.28900get 0.0000% / 1h5m 29s$106K$68K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$244.07
Price spread: −0.109% → −0.060%
−$4.9
Slippage, 4 orders
−$231.22
Fee RISEx: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$496.2
Costs to cover
2.472%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; dYdX: live order book, 48 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 ago2.49 bp5.5 bp −$512.3 bp −$123doesn't fitdoesn't fit
Sell dYdX live order book, 48 min ago109.99 bp121.3 bp −$121130.1 bp −$1,301137.5 bp −$13.8K368.1 bp −$184.1K

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%1h4.2933−0.008%$2K20xas long as short
dYdX NEAR-USDshort0.0000%1h4.2890−0.109%$106K$68K10x
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2913−0.055%$161K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.555%$578$301K12xas long as short
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3072+0.316%$2.3M$15.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.2900−0.085%$110K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.2953+0.039%$262.4M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2917−0.045%$212.7M$426.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2940+0.008%$60.7M$285.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3449+1.194%$248K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.2906−0.071%$31.9M$62.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2950+0.031%$71.8M$147.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2960+0.055%$53.3M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2941+0.010%$71.0M$127.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2930−0.015%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.2987+0.119%$8.1M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3144+0.483%$252K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3190+0.590%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3190+0.590%$166K$794K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2947+0.024%$269K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3027+0.211%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3090+0.357%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3100+0.381%$462K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3010+0.171%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2889−0.110%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3037+0.234%$200K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3210+0.637%$13.5M$31.9M75xas long as short
Kalshi KXNEARPERP+0.0261%8h4.3104+0.390%$869K$23.5M2.2xas long as short
Pacifica NEAR+0.0263%1h4.2927−0.021%$396K$1.3M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0322% / S −0.0198%1h4.2971+0.080%$232K100xas long as short
SoDEX NEAR-USD+0.0333%1h4.2995+0.136%$6K$53K10xas long as short
Aster NEARUSDT+0.0334%8h4.2930−0.015%$2.8M$5.5M50xas long as short
01 Exchange NEARUSD+0.0528%1h4.2959+0.052%$13K$7K10xas long as short
Extended NEAR-USD+0.0560%1h4.2904−0.075%$3.7M$19.8M25xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0564%1h4.3017+0.187%$1.9M$9.9M25xas long as short
Backpack NEAR_USDC_PERP+0.0567%1h4.3016+0.185%$1.3M$6.8M20xas long as short
Nado NEAR-PERP+0.0567%1h4.2900−0.085%$1.8M$3.1M10xas long as short
Hyperliquid NEAR+0.0578%1h4.2963+0.062%$351.8M$312.8M10xas long as short
Arcus NEAR-USD+0.0627%1h4.2960+0.055%$211K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0717%1h4.2990+0.124%$7.5M$38.9M50xas long as short
Lighter RH NEAR+0.0920%1h4.2986+0.115%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3300+0.847%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1048%1h4.2987+0.116%$17.3M$25.1M15xas long as short
RISEx NEAR/USDClong+0.1162%1h4.2937long leg$668K$1.3M10x
Aftermath Perps NEARUSD+0.1539%1h4.3173+0.551%$5K$12K10xas long as short