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−0.1062%/8h= −116.3% APRpaid last 24h −0.146%
Price spread now: SunX against RISEx+0.194%7-day average +0.100% · you sell dearer than you buy
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 4 days (all we have)−0.408%−$41 on $10k
Price spread, last 4 days (all we have)+0.201%+$20 · spread now +0.194%, 7d avg +0.100%
Together, before fees−0.207%−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.095% dearer against RISEx than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of +0.100%): +$9 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 4 days (−0.408% in total) that is about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx NEAR/USDC4.29370.1162pay 0.0145% / 1h4m 59s$668K$1.3M10x
ShortSunX NEAR-USDT4.30200.0100get 0.0100% / 8h3h 04m$2K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$223.07
Price spread: +0.194% → +0.100%
$9.48
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$227.6
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 4 min ago; SunX: live order book, 9 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 RISEx live order book, 4 min ago2.49 bp5.5 bp −$512.3 bp −$123doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago489.69 bpdoesn't fitdoesn'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%1h4.2933−0.008%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2890−0.109%$106K$68K10xas long as short
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%1h4.2921−0.036%$2.3M$15.7M50xas long as short
Popdex NEARUSDT+0.0096%1h4.2900−0.085%$110K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.2980+0.101%$262.5M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2922−0.034%$212.7M$426.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2920−0.039%$60.8M$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%8h4.2930−0.015%$31.9M$62.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2970+0.078%$73.5M$147.6M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2980+0.101%$53.4M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2952+0.036%$71.0M$127.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2950+0.031%$144.4Mas 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%8h4.2918−0.043%$57K$246K20xas long as short
SunX NEAR-USDTshort+0.0100%8h4.3020+0.194%$2K$1.4M20x
HTX NEAR-USDT+0.0100%8h4.3000+0.148%$461K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2950+0.031%$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%1h4.2938+0.002%$200K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2990+0.125%$13.4M$31.7M75xas long as short
Kalshi KXNEARPERP+0.0261%8h4.2912−0.057%$781K$23.9M2.2xas 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%1h4.2918−0.044%$232K100xas long as short
SoDEX NEAR-USD+0.0329%1h4.2905−0.073%$6K$53K10xas long as short
Aster NEARUSDT+0.0334%8h4.2960+0.055%$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%1h4.2947+0.025%$3.7M$19.8M25xas long as short
Backpack NEAR_USDC_PERP+0.0563%1h4.2974+0.087%$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+0.0576%1h4.2981+0.104%$351.9M$313.0M10xas long as short
Arcus NEAR-USD+0.0627%1h4.2960+0.055%$211K$1.6M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0659%1h4.2930−0.015%$1.9M$9.9M25xas long as short
Kraken Futures PF_NEARUSD+0.0718%1h4.2904−0.076%$7.5M$38.9M50xas long as short
Lighter RH NEAR+0.0920%1h4.3017+0.187%$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%1h4.3032+0.223%$17.4M$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