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−0.0865%/8h= −94.8% APRpaid last 24h −0.165%
Price spread now: edgeX against RISEx−0.277%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$320.321% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.453%−$45 on $10k
Price spread, last 7 days+0.207%+$21 · spread now −0.277%, 7d avg −0.039%
Together, before fees−0.247%+ Points / potential airdropedgeX: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and edgeX is 0.238% cheaper against RISEx than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.32170.0965pay 0.0121% / 1h33m 32s$599K$1.4M10x
ShortedgeX NEARUSDC4.30970.0100get 0.0050% / 4h33m 32s$250K$899K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$181.72
Price spread: −0.277% → −0.039%
−$23.75
Slippage, 4 orders
−$17.11
Fee RISEx: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$237.58
Costs to cover
0.321%
Break-even
never at this rate
Slippage from RISEx: live order book, just now; edgeX: live order book, 60 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, just now0.98 bp4.0 bp −$48.6 bp −$86doesn't fitdoesn't fit
Sell edgeX live order book, 60 min ago6.77 bp11.8 bp −$1229.0 bp −$290doesn'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%1h4.3224+0.018%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3168−0.112%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3182−0.080%$162K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3165−0.119%$7.1M$38.3M50xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−4.181%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3220+0.008%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3221+0.010%$218.2M$430.2M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3230+0.031%$60.7M$291.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3160−0.131%$246K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3182−0.080%$35.2M$62.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3200−0.039%$52.3M$45.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3224+0.017%$71.5M$128.1M75xas long as short
Variational Omni NEAR+0.0100%8h4.32170.000%$8.7M$18.8Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.3097−0.277%$250K$899K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.3190−0.062%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3170−0.108%$165K$813K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3246+0.068%$283K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3205−0.027%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3280+0.147%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3195−0.050%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3210−0.015%$3.5M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3178−0.088%$31K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3150−0.153%$3.6M$17.2M25xas long as short
HTX NEAR-USDT+0.0123%8h4.3270+0.123%$461K$3.8M75xas long as short
Aevo NEAR-PERP+0.0128%1h4.3202−0.034%$201K$38K3xas long as short
Kalshi KXNEARPERP+0.0183%8h4.3183−0.078%$938K$25.2M2.2xas long as short
Aster NEARUSDT+0.0189%8h4.3199−0.040%$2.7M$4.8M50xas long as short
Binance NEARUSDT+0.0189%8h4.3225+0.018%$262.4M$1.09B75xas long as short
MEXC NEAR_USDT+0.0191%8h4.3210−0.015%$83.3M$150.7M200xas long as short
BingX NEAR-USDC+0.0199%8h4.3170−0.108%$6.6Mas long as short
Hyperliquid NEAR+0.0222%1h4.3206−0.025%$348.6M$315.4M10xas long as short
01 Exchange NEARUSD+0.0248%1h4.3212−0.011%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0313%8h4.3190−0.062%$13.3M$31.8M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0316% / S −0.0204%1h4.3175−0.096%$233K100xas long as short
Backpack NEAR_USDC_PERP+0.0398%1h4.3216−0.002%$1.1M$7.0M20xas long as short
Nado NEAR-PERP+0.0437%1h4.3195−0.050%$1.7M$3.2M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3199−0.041%$2.3M$16.8M50xas long as short
Lighter RH NEAR+0.0544%1h4.3258+0.096%$1.5M$6.6M10xas long as short
Arcus NEAR-USD+0.0638%1h4.3210−0.015%$226K$1.6M10xas long as short
Lighter NEAR+0.0672%1h4.3255+0.088%$17.0M$25.1M15xas long as short
Pacifica NEAR+0.0949%1h4.3208−0.019%$407K$1.5M10xas long as short
Phoenix NEAR+0.0949%1h4.3233+0.038%$1.8M$2.4M10xas long as short
RISEx NEAR/USDClong+0.0965%1h4.3217long leg$599K$1.4M10x
Deribit NEAR_USDC-PERPETUAL+0.0978%1h4.3228+0.026%$1.9M$13.2M25xas long as short
Aftermath Perps NEARUSD+0.1246%1h4.3216−0.002%$5K$7K10xas long as short