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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0079%/8h= −8.6% APRnext payment $0.10 per $10,000 · paid last 24h −0.025%
Price spread now: Injective against Aevo−4.891%59s7-day average +0.630% · 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+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+7.054%+$705 · spread now −4.891%, 7d avg +0.630%
Together, before fees+7.061%+$706 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 5.521% cheaper against Aevo than usual: you would sell low and buy high (−$552 if the spread goes back to its 7-day average of +0.630%). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo NEAR-PERP4.35400.0112pay 0.0014% / 1h15m 56s$202K$37K3x
ShortInjective NEAR/USDC PERP4.14100.0033get 0.0004% / 1h15m 56s$578$301K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aevo. 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
−$16.52
Price spread: −4.891% → +0.630%
−$552.09
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$584.63
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 33 min ago; Injective: 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 Aevo live order book, 33 min ago9.34 bp68.7 bp −$69doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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%1h4.3478−0.140%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3389−0.346%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0007%1h4.3490−0.115%$170K150xas long as short
Injective NEAR/USDC PERPshort+0.0033%1h4.1410−4.891%$578$301K12x
Popdex NEARUSDT+0.0096%1h4.3450−0.206%$114K$497K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3552+0.029%$218.0M$420.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3540+0.001%$61.6M$289.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3050−1.124%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3521−0.043%$33.1M$60.4M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3550+0.024%$52.6M$46.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.3530−0.022%$71.9M$127.0M75xas long as short
Variational Omni NEAR+0.0100%8h4.3197−0.786%$8.4M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3265−0.631%$261K$956K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3442−0.224%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3487−0.121%$268K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3546+0.015%$57K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3600+0.139%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3640+0.231%$470K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3530−0.022%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.3390−0.343%$31K$60810xas long as short
BingX NEAR-USDC+0.0105%8h4.3570+0.070%$6.7Mas long as short
MEXC NEAR_USDT+0.0109%8h4.3580+0.093%$80.4M$145.3M200xas long as short
Binance NEARUSDT+0.0111%8h4.3610+0.162%$265.5M$1.09B75xas long as short
Aevo NEAR-PERPlong+0.0112%1h4.3540long leg$202K$37K3x
BloFin NEAR-USDT+0.0229%8h4.3250−0.665%$13.2M$31.7M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3549+0.022%$2.3M$16.3M50xas long as short
Kalshi KXNEARPERP+0.0312%8h4.3496−0.100%$994K$24.7M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0312% / S −0.0201%1h4.3474−0.151%$233K100xas long as short
Aster NEARUSDT+0.0334%8h4.3580+0.093%$2.8M$5.3M50xas long as short
ApeX Omni NEARUSDT+0.0367%1h4.3490−0.114%$167K$795K50xas long as short
Nado NEAR-PERP+0.0394%1h4.3405−0.309%$1.7M$3.2M10xas long as short
Extended NEAR-USD+0.0504%1h4.3530−0.021%$3.7M$19.5M25xas long as short
SoDEX NEAR-USD+0.0559%1h4.3515−0.056%$5K$52K10xas long as short
Hyperliquid NEAR+0.0667%1h4.3567+0.063%$357.1M$310.4M10xas long as short
Backpack NEAR_USDC_PERP+0.0684%1h4.3571+0.072%$1.3M$6.6M20xas long as short
Kraken Futures PF_NEARUSD+0.0727%1h4.3503−0.083%$7.3M$39.1M50xas long as short
01 Exchange NEARUSD+0.0736%1h4.3490−0.114%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.3460−0.183%$225K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.3421−0.273%$398K$1.3M10xas long as short
Lighter NEAR+0.0928%1h4.3572+0.074%$17.1M$25.2M15xas long as short
Phoenix NEAR+0.1033%1h4.3541+0.003%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1120%1h4.3571+0.072%$1.4M$7.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1153%1h4.3547+0.017%$2.0M$11.7M25xas long as short
RISEx NEAR/USDC+0.1220%1h4.3460−0.182%$689K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1301%1h4.3254−0.657%$5K$12K10xas long as short