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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0052%/8h= −5.7% APRnext payment $0.06 per $10,000 · paid last 24h +0.142%
Price spread now: Hyperliquid against 01 Exchange−0.160%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hyperliquid is 0.160% cheaper against 01 Exchange than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange NEARUSD4.30200.0752pay 0.0094% / 1h33m 18s$13K$7K10x
ShortHyperliquid NEAR4.29510.0700get 0.0088% / 1h33m 18s$351.0M$310.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against 01 Exchange. 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
−$10.84
Price spread: −0.160% → 0.000%
−$16.04
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$42.88
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: live order book, 11 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 01 Exchange no order-book sample
Sell Hyperliquid live order book, 11 min ago0.58 bp7.4 bp −$7doesn't fitdoesn't fitdoesn't fit
01 Exchange: 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%1h4.2905−0.267%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2919−0.236%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2889−0.304%$161K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.742%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2950−0.163%$112K$500K50xas long as short
Binance NEARUSDT+0.0100%8h4.2937−0.192%$262.4M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2853−0.388%$213.2M$420.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2870−0.349%$60.5M$284.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2850−0.395%$244K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2884−0.316%$32.3M$59.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.2930−0.209%$74.6M$143.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2960−0.139%$51.8M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2865−0.360%$70.8M$127.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2900−0.279%$143.4Mas long as short
Variational Omni NEAR+0.0100%8h4.2998−0.050%$8.2M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3129+0.253%$252K$949K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2990−0.070%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2957−0.146%$263K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2900−0.279%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3050+0.070%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3080+0.139%$463K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2920−0.232%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.2937−0.193%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.2915−0.245%$200K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2950−0.163%$13.2M$31.6M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.2942−0.181%$2.3M$15.8M50xas long as short
Kalshi KXNEARPERP+0.0265%8h4.2957−0.146%$870K$24.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0311% / S −0.0198%1h4.2865−0.359%$232K100xas long as short
ApeX Omni NEARUSDT+0.0331%1h4.3150+0.302%$166K$794K50xas long as short
Aster NEARUSDT+0.0337%8h4.2910−0.256%$2.8M$5.3M50xas long as short
Nado NEAR-PERP+0.0364%1h4.2925−0.220%$1.7M$3.2M10xas long as short
Extended NEAR-USD+0.0528%1h4.2865−0.360%$3.7M$19.8M25xas long as short
SoDEX NEAR-USD+0.0570%1h4.2875−0.337%$6K$53K10xas long as short
Backpack NEAR_USDC_PERP+0.0656%1h4.3027+0.016%$1.3M$6.7M20xas long as short
Hyperliquid NEARshort+0.0700%1h4.2951−0.160%$351.0M$310.1M10x
Kraken Futures PF_NEARUSD+0.0738%1h4.2877−0.333%$7.4M$38.8M50xas long as short
01 Exchange NEARUSDlong+0.0752%1h4.3020long leg$13K$7K10x
Arcus NEAR-USD+0.0814%1h4.3010−0.023%$216K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.2967−0.124%$394K$1.3M10xas long as short
Lighter NEAR+0.0928%1h4.2939−0.188%$16.8M$25.1M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0940%1h4.2902−0.274%$2.0M$11.0M25xas long as short
Phoenix NEAR+0.1033%1h4.3089+0.160%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1120%1h4.2940−0.186%$1.4M$7.3M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.2993−0.062%$689K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1368%1h4.2954−0.152%$5K$12K10xas long as short