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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0106%/8h= −11.6% APRnext payment $0.13 per $10,000 · paid last 24h +0.048%
Price spread now: Injective against Extended−0.868%60s7-day average +1.186% · 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+0.028%+$3 on $10k
Price spread, last 3 days (all we have)+3.871%+$387 · spread now −0.868%, 7d avg +1.186%
Together, before fees+3.899%+ Points / potential airdropExtended: Active · farm board+$390 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 2.055% cheaper against Extended than usual: you would sell low and buy high (−$205 if the spread goes back to its 7-day average of +1.186%). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NEAR-USD4.17730.0104pay 0.0013% / 1h32m 12s$3.8M$14.7M25x
ShortInjective NEAR/USDC PERP4.1410−0.0002pay 0.0000% / 1h32m 12s$578$302K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Extended. 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
−$22.34
Price spread: −0.868% → +1.186%
−$205.45
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$232.81
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 2 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 Extended live order book, 2 min ago4.19 bp7.3 bp −$711.9 bp −$119doesn'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%1h4.1736−0.087%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.1733−0.095%$2.1M$12.7M50xas long as short
Injective NEAR/USDC PERPshort−0.0002%1h4.1410−0.868%$578$302K12x
dYdX NEAR-USD0.0000%1h4.1769−0.010%$108K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1731−0.100%$430K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1802+0.071%$207K150xas long as short
Kraken Futures PF_NEARUSD+0.0048%1h4.1820+0.113%$7.6M$36.8M50xas long as short
01 Exchange NEARUSD+0.0080%1h4.1762−0.026%$12K$7K10xas long as short
Lighter RH NEAR+0.0096%1h4.1848+0.180%$1.5M$6.9M10xas long as short
Popdex NEARUSDT+0.0096%1h4.1730−0.102%$111K$482K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0099%8h4.1797+0.058%$53K$158K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1701−0.173%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.1786+0.032%$2.9M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.1763−0.023%$361K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1797+0.057%$238.9M$1.07B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1782+0.022%$213.0M$423.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1710−0.150%$57.4M$275.9M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1770−0.007%$310K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1500−0.653%$236K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1767−0.014%$29.9M$57.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1800+0.065%$82.0M$141.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1830+0.137%$55.1M$44.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1722−0.122%$69.0M$125.4M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1740−0.079%$136.8Mas long as short
Variational Omni NEAR+0.0100%8h4.1530−0.581%$7.7M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.1767−0.014%$238K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1831+0.139%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1790+0.041%$175K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1758−0.035%$206K$3.2M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1800+0.065%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1788+0.036%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1800+0.065%$3.8M$8.2M50xas long as short
Extended NEAR-USDlong+0.0104%1h4.1773long leg$3.8M$14.7M25x
Aevo NEAR-PERP+0.0104%1h4.1786+0.031%$201K$62K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.1740−0.079%$12.2M$33.2M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0252%1h4.1825+0.125%$1.8M$2.2M25xas long as short
Hyperliquid NEAR+0.0310%1h4.1807+0.082%$352.9M$298.8M10xas long as short
RISEx NEAR/USDC+0.0364%1h4.1753−0.047%$410K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0381% / S −0.0328%1h4.1790+0.040%$281K100xas long as short
Lighter NEAR+0.0408%1h4.1875+0.244%$16.0M$23.2M15xas long as short
Backpack NEAR_USDC_PERP+0.0439%1h4.1796+0.056%$1.2M$5.7M20xas long as short
Nado NEAR-PERP+0.0536%1h4.1715−0.138%$1.8M$3.5M10xas long as short
Phoenix NEAR+0.0542%1h4.1571−0.483%$1.7M$2.7M10xas long as short
Aftermath Perps NEARUSD+0.0832%1h4.1712−0.146%$5K$11K10xas long as short
HTX NEAR-USDT+0.0981%8h4.1860+0.209%$448K$3.6M75xas long as short