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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0404%/8h= +44.3% APRnext payment +$0.51 per $10,000 · paid last 24h +0.095%
Price spread now: Kraken Futures against SoDEX−0.018%7-day average · you buy dearer than you sell
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NEAR-USD4.38200.0188pay 0.0024% / 1h7m 20s$8K$52K10x
ShortKraken Futures PF_NEARUSD4.38120.0593get 0.0074% / 1h7m 20s$7.9M$39.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$84.91
Price spread: −0.018% → 0.000%
−$1.84
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$65.07
Costs to cover
0.180%
Break-even
1.6 days
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago7.17 bp17.9 bp −$1822.8 bp −$22857.9 bp −$5,790doesn'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%1h4.3809−0.025%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.3801−0.043%$2.2M$15.6M50xas long as short
Kalshi KXNEARPERP0.0000%8h4.3973+0.349%$617K$22.3M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3868+0.110%$164K150xas long as short
dYdX NEAR-USD+0.0008%1h4.3837+0.039%$108K$69K10xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−5.500%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.3810−0.023%$112K$514K50xas long as short
Pacifica NEAR+0.0100%1h4.3878+0.132%$417K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3907+0.198%$270.5M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3860+0.091%$220.8M$423.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.3870+0.114%$62.6M$296.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4054+0.535%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3822+0.005%$31.9M$64.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3880+0.137%$75.2M$150.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3910+0.205%$54.7M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3862+0.096%$72.1M$130.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3890+0.160%$146.8Mas long as short
Variational Omni NEAR+0.0100%8h4.4067+0.563%$8.5M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.4083+0.599%$264K$962K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4010+0.435%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4090+0.616%$170K$801K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3850+0.068%$243K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3885+0.148%$56K$228K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4050+0.525%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3980+0.365%$455K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3840+0.046%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3848+0.064%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3915+0.217%$204K$40K3xas long as short
SoDEX NEAR-USDlong+0.0188%1h4.3820long leg$8K$52K10x
BloFin NEAR-USDT+0.0220%8h4.3910+0.205%$13.7M$32.5M75xas long as short
Aster NEARUSDT+0.0304%8h4.3864+0.101%$2.9M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0190%1h4.3826+0.014%$233K100xas long as short
Backpack NEAR_USDC_PERP+0.0338%1h4.3822+0.005%$1.3M$6.4M20xas long as short
01 Exchange NEARUSD+0.0352%1h4.3834+0.032%$13K$7K10xas long as short
Hyperliquid NEAR+0.0388%1h4.3887+0.152%$361.8M$319.9M10xas long as short
Extended NEAR-USD+0.0480%1h4.3830+0.023%$3.9M$19.6M25xas long as short
Nado NEAR-PERP+0.0573%1h4.3794−0.059%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.3910+0.205%$217K$1.7M10xas long as short
Kraken Futures PF_NEARUSDshort+0.0593%1h4.3812−0.018%$7.9M$39.7M50x
Deribit NEAR_USDC-PERPETUAL+0.0594%1h4.3860+0.091%$2.0M$7.3M25xas long as short
Lighter RH NEAR+0.0688%1h4.3916+0.219%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4000+0.411%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.3872+0.119%$589K$1.4M10xas long as short
Lighter NEAR+0.1032%1h4.3931+0.253%$17.7M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1613%1h4.3974+0.351%$5K$12K10xas long as short