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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0176%/8h= −19.3% APRnext payment $0.22 per $10,000 · paid last 24h −0.050%
Price spread now: Popdex against 01 Exchange−0.128%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 feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Popdex is 0.128% cheaper against 01 Exchange than usual: you would sell low and buy high (−$13 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 NEARUSD4.53780.0272pay 0.0034% / 1h44m 31s$13K$4K10x
ShortPopdex NEARUSDT4.53200.0096get 0.0012% / 1h44m 31s$125K$510K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$36.96
Price spread: −0.128% → 0.000%
−$12.78
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$63.14
Costs to cover
0.134%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Popdex: live order book, 62 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 Popdex live order book, 62 min ago5.59 bp11.0 bp −$1140.6 bp −$406doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0376%1h4.5376−0.004%$7.4M$37.1M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.5275−0.226%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.5405+0.060%$111K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.5340−0.084%$912K$26.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5330−0.106%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.744%$578$301K12xas long as short
Popdex NEARUSDTshort+0.0096%1h4.5320−0.128%$125K$510K50x
Aster NEARUSDT+0.0100%8h4.5340−0.084%$2.7M$5.1M50xas long as short
Binance NEARUSDT+0.0100%8h4.5340−0.084%$273.6M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5313−0.143%$233.0M$430.6M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.5280−0.216%$64.6M$304.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5351−0.059%$279K$24K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5321−0.126%$41.6M$61.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5370−0.018%$76.0M$169.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5430+0.115%$54.6M$44.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5271−0.236%$75.2M$127.9M75xas long as short
BingX NEAR-USDC+0.0100%8h4.5340−0.084%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.5173−0.451%$8.8M$15.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.4858−1.145%$266K$865K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5183−0.430%$1.5M$1.9M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4840−1.186%$168K$810K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5324−0.119%$193K$4.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5428+0.110%$56K$273K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5510+0.291%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5390+0.026%$5K$34K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5500+0.269%$470K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.5500+0.269%$3.4M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.5330−0.105%$33K$38910xas long as short
Extended NEAR-USD+0.0104%1h4.5320−0.128%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5404+0.058%$211K$38K3xas long as short
Lighter RH NEAR+0.0112%1h4.5449+0.156%$1.6M$5.7M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0191% / S −0.0033%1h4.5325−0.116%$244K100xas long as short
BloFin NEAR-USDT+0.0220%8h4.5580+0.445%$12.9M$33.0M75xas long as short
Arcus NEAR-USD+0.0253%1h4.5380+0.004%$229K$1.4M10xas long as short
Hyperliquid NEAR+0.0271%1h4.5351−0.060%$364.5M$313.1M10xas long as short
01 Exchange NEARUSDlong+0.0272%1h4.5378long leg$13K$4K10x
Lighter NEAR+0.0296%1h4.5444+0.145%$17.2M$24.7M15xas long as short
Nado NEAR-PERP+0.0387%1h4.5330−0.106%$1.8M$3.1M10xas long as short
RISEx NEAR/USDC+0.0478%1h4.5349−0.064%$646K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0544%1h4.5333−0.099%$2.4M$17.8M50xas long as short
Pacifica NEAR+0.0687%1h4.5437+0.130%$428K$1.3M10xas long as short
Phoenix NEAR+0.0733%1h4.5001−0.831%$1.7M$2.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0782%1h4.5518+0.309%$1.1M$7.2M20xas long as short
Aftermath Perps NEARUSD+0.0878%1h4.5049−0.726%$6K$6K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1600%1h4.5484+0.234%$2.0M$13.0M25xas long as short