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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0173%/8h= −19.0% APRnext payment $0.22 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against SoDEX+0.241%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.241% dearer against SoDEX than usual: you sell high and buy low (spread +0.241% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.39450.0180pay 0.0022% / 1h10m 54s$8K$52K10x
ShortgTrade (Gains Network) NEAR/USD4.4051L +0.0004% / S −0.0006%get 0.0001% / 1h10m 54s$165K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. 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
−$36.39
Price spread: +0.241% → 0.000%
$24.12
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$30.27
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 48 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 SoDEX no order-book sample
Sell gTrade (Gains Network) virtual book (oracle venue), 48 min ago130.01 bp137.7 bp −$1381007.8 bp −$10.1Kdoesn't fitdoesn't fit
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.4040+0.216%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.3987+0.096%$2.2M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4091+0.331%$109K$69K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4028+0.189%$618K$22.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDshortL +0.0004% / S −0.0006%1h4.4051+0.241%$165K150x
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.769%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4070+0.284%$113K$517K50xas long as short
Pacifica NEAR+0.0100%1h4.4135+0.432%$420K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3890−0.125%$270.4M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3850−0.216%$220.9M$424.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3890−0.125%$62.7M$296.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4054+0.249%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3963+0.041%$32.0M$64.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3910−0.080%$74.6M$150.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3880−0.148%$54.6M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3900−0.102%$72.1M$130.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3860−0.193%$147.3Mas long as short
Variational Omni NEAR+0.0100%8h4.4067+0.277%$8.5M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.4159+0.487%$265K$980K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4070+0.284%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4090+0.330%$170K$801K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4109+0.373%$244K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4006+0.139%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4050+0.239%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4110+0.375%$457K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4000+0.125%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4085+0.319%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4020+0.171%$205K$40K3xas long as short
SoDEX NEAR-USDlong+0.0180%1h4.3945long leg$8K$52K10x
BloFin NEAR-USDT+0.0220%8h4.3970+0.057%$13.8M$32.6M75xas long as short
Aster NEARUSDT+0.0310%8h4.3988+0.098%$3.0M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0321% / S −0.0190%1h4.4057+0.255%$234K100xas long as short
Backpack NEAR_USDC_PERP+0.0337%1h4.4001+0.127%$1.3M$6.4M20xas long as short
01 Exchange NEARUSD+0.0352%1h4.4126+0.412%$13K$7K10xas long as short
Hyperliquid NEAR+0.0384%1h4.4040+0.216%$363.3M$325.0M10xas long as short
Extended NEAR-USD+0.0448%1h4.3878−0.151%$3.9M$19.7M25xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0501%1h4.3997+0.118%$2.0M$7.3M25xas long as short
Nado NEAR-PERP+0.0553%1h4.4079+0.305%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4150+0.466%$218K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0591%1h4.3954+0.020%$8.0M$39.6M50xas long as short
Lighter RH NEAR+0.0688%1h4.4020+0.171%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4173+0.519%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.4150+0.466%$593K$1.4M10xas long as short
Lighter NEAR+0.0976%1h4.4062+0.265%$17.8M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1585%1h4.4135+0.431%$5K$12K10xas long as short