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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1235%/8h= +135.2% APRnext payment +$1.54 per $10,000 · paid last 24h +0.341%
Price spread now: Aftermath Perps against Injective+7.637%55s7-day average · you sell dearer than you buy
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 3 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 for this trade now. Funding pays +$37 a day on $10k at the current rate, and Aftermath Perps is 7.637% dearer against Injective than usual: you sell high and buy low: +$764 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h35m 57s$578$301K12x
ShortAftermath Perps NEARUSD4.45730.1268get 0.0158% / 1h35m 57s$6K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Injective. 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
$259.26
Price spread: +7.637% → 0.000%
$763.71
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$1,013.95
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Aftermath Perps: 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 Injective no order-book sample
Sell Aftermath Perps no order-book sample
Injective and Aftermath Perps: 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%1h4.4223+6.793%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4230+6.811%$109K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4124+6.554%$165K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Popdex NEARUSDT+0.0096%1h4.4300+6.979%$111K$493K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4246+6.849%$224.4M$436.6M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4240+6.834%$62.5M$298.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5008+8.689%$256K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4203+6.745%$35.4M$61.1M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4240+6.834%$53.4M$46.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4255+6.870%$73.2M$128.0M75xas long as short
Variational Omni NEAR+0.0100%8h4.4297+6.972%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.4677+7.890%$261K$964K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5020+8.718%$170K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4271+6.909%$299K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4207+6.754%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4250+6.858%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4280+6.931%$464K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4200+6.738%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0106%8h4.4219+6.784%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0122%8h4.4780+8.138%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4215+6.774%$206K$40K3xas long as short
SoDEX NEAR-USD+0.0166%1h4.4190+6.713%$5K$53K10xas long as short
MEXC NEAR_USDT+0.0190%8h4.4240+6.834%$80.4M$147.1M200xas long as short
BingX NEAR-USDT+0.0190%8h4.4230+6.810%$143.9Mas long as short
Binance NEARUSDT+0.0191%8h4.4267+6.898%$270.1M$1.09B75xas long as short
Extended NEAR-USD+0.0240%1h4.4189+6.711%$3.7M$18.7M25xas long as short
Kalshi KXNEARPERP+0.0282%8h4.4245+6.846%$1.1M$25.2M2.2xas long as short
BloFin NEAR-USDT+0.0311%8h4.4310+7.003%$13.4M$32.7M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0314% / S −0.0197%1h4.4185+6.701%$235K100xas long as short
Aster NEARUSDT+0.0326%8h4.4222+6.790%$2.8M$5.0M50xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4187+6.706%$2.3M$16.7M50xas long as short
01 Exchange NEARUSD+0.0448%1h4.4333+7.059%$13K$7K10xas long as short
Hyperliquid NEAR+0.0484%1h4.4228+6.805%$362.1M$312.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0490%1h4.4189+6.711%$1.4M$6.8M20xas long as short
Nado NEAR-PERP+0.0599%1h4.4235+6.822%$1.7M$3.2M10xas long as short
Kraken Futures PF_NEARUSD+0.0661%1h4.4169+6.663%$7.3M$38.5M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4350+7.100%$225K$1.6M10xas long as short
Lighter RH NEAR+0.0896%1h4.4269+6.904%$1.5M$6.7M10xas long as short
Lighter NEAR+0.0904%1h4.4244+6.844%$17.4M$25.1M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0927%1h4.4226+6.800%$1.9M$13.1M25xas long as short
Phoenix NEAR+0.1003%1h4.4771+8.116%$1.8M$2.5M10xas long as short
Pacifica NEAR+0.1187%1h4.4239+6.832%$408K$1.4M10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4193+6.721%$661K$1.4M10xas long as short
Aftermath Perps NEARUSDshort+0.1268%1h4.4573+7.637%$6K$12K10x