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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against SunX−0.207%7-day average −0.140% · 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 7 days−0.050%−$5 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.207%, 7d avg −0.140%
Together, before fees−0.038%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.067% cheaper against SunX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NEAR-USDT4.44100.0100pay 0.0100% / 8h1h 24m$2K$1.3M20x
ShortOrderly PERP_NEAR_USDC4.43180.0100get 0.0100% / 8h1h 24m$59K$236K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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
$0
Price spread: −0.207% → −0.140%
−$6.7
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$20.7
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 9 min ago; Orderly: no order-book sample. 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 SunX live order book, 9 min ago11.29 bp68.0 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h4.4187−0.503%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4161−0.561%$109K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4186−0.505%$165K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−6.755%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.4250−0.360%$112K$488K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4279−0.295%$224.4M$433.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4260−0.338%$62.8M$296.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4350−0.135%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4263−0.331%$35.5M$61.7M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4290−0.270%$53.6M$46.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4255−0.349%$72.7M$127.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.4187−0.502%$8.8M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4030−0.855%$257K$915K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4010−0.901%$166K$805K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4336−0.167%$294K$4.1M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.4318−0.207%$59K$236K20x
SunX NEAR-USDTlong+0.0100%8h4.4410long leg$2K$1.3M20x
HTX NEAR-USDT+0.0100%8h4.4230−0.405%$464K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4340−0.158%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0105%8h4.4270−0.314%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0108%8h4.4030−0.857%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4335−0.169%$206K$38K3xas long as short
Extended NEAR-USD+0.0184%1h4.4244−0.373%$3.7M$18.4M25xas long as short
SoDEX NEAR-USD+0.0198%1h4.4305−0.236%$5K$52K10xas long as short
BingX NEAR-USDT+0.0200%8h4.4280−0.293%$144.2Mas long as short
MEXC NEAR_USDT+0.0204%8h4.4330−0.180%$80.7M$149.0M200xas long as short
Binance NEARUSDT+0.0208%8h4.4310−0.225%$270.4M$1.08B75xas long as short
Kalshi KXNEARPERP+0.0254%8h4.4272−0.311%$1.1M$25.0M2.2xas long as short
Aster NEARUSDT+0.0305%8h4.4280−0.293%$2.8M$4.9M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0198%1h4.3978−0.972%$234K100xas long as short
BloFin NEAR-USDT+0.0325%8h4.4330−0.180%$13.8M$32.8M75xas long as short
Backpack NEAR_USDC_PERP+0.0416%1h4.4378−0.072%$1.3M$6.9M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4353−0.128%$2.3M$16.8M50xas long as short
01 Exchange NEARUSD+0.0448%1h4.4403−0.016%$13K$7K10xas long as short
Hyperliquid NEAR+0.0474%1h4.4328−0.185%$361.6M$312.5M10xas long as short
Nado NEAR-PERP+0.0584%1h4.4295−0.259%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0659%1h4.4298−0.252%$7.3M$38.3M50xas long as short
Lighter NEAR+0.0832%1h4.4336−0.166%$17.4M$25.3M15xas long as short
Arcus NEAR-USD+0.0880%1h4.4300−0.248%$228K$1.6M10xas long as short
Lighter RH NEAR+0.0920%1h4.4336−0.167%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4297−0.254%$1.8M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1037%1h4.4339−0.160%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.1187%1h4.4298−0.252%$423K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1256%1h4.4219−0.430%$5K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4285−0.282%$667K$1.4M10xas long as short