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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.019%
Price spread now: Bitget against Injective+6.916%7-day average −0.525% · 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 7 days−0.058%−$6 on $10k
Price spread, last 4 days (all we have)−8.938%−$894 · spread now +6.916%, 7d avg −0.525%
Together, before fees−8.997%−$900 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 7.441% dearer against Injective than usual: you sell high and buy low: +$744 more if the spread goes back to its 7-day average of −0.525%. Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h22m 45s$578$301K12x
ShortBitget NEARUSDT4.42740.0100get 0.0100% / 8h7h 22m$73.0M$127.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$14
Price spread: +6.916% → −0.525%
$744.09
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
$746.07
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 6 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 Injective no order-book sample
Sell Bitget live order book, 6 min ago1.26 bp10.7 bp −$1116.3 bp −$16333.6 bp −$3,356doesn't fit
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
Kraken Futures PF_NEARUSD−0.0427%1h4.4259+6.881%$7.3M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4214+6.772%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4308+6.998%$108K$65K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4234+6.819%$166K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Popdex NEARUSDT+0.0096%1h4.4230+6.810%$122K$504K50xas long as short
Aster NEARUSDT+0.0100%8h4.4312+7.008%$2.7M$4.6M50xas long as short
Binance NEARUSDT+0.0100%8h4.4330+7.051%$267.4M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4286+6.945%$223.1M$426.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4280+6.931%$62.5M$298.6M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.4310+7.003%$224K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3750+5.651%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4297+6.972%$37.3M$62.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4310+7.003%$90.1M$158.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4340+7.076%$53.2M$45.4M75xas long as short
Bitget NEARUSDTshort+0.0100%8h4.4274+6.916%$73.0M$127.4M75x
BingX NEAR-USDT+0.0100%8h4.4290+6.955%$83.3Mas long as short
Variational Omni NEAR+0.0100%8h4.3876+5.956%$9.1M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.3952+6.138%$255K$893K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3978+6.202%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3760+5.675%$165K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4240+6.834%$276K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4255+6.870%$57K$238K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4320+7.027%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4270+6.907%$5K$49K10xas long as short
Phemex NEARUSDT+0.0100%8h4.4250+6.858%$3.5M$7.8M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4289+6.953%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.4269+6.904%$3.7M$15.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4273+6.914%$206K$38K3xas long as short
Kalshi KXNEARPERP+0.0138%8h4.4082+6.453%$874K$25.5M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.4300+6.979%$12.7M$32.6M75xas long as short
Nado NEAR-PERP+0.0233%1h4.4215+6.774%$1.7M$3.1M10xas long as short
Hyperliquid NEAR+0.0276%1h4.4368+7.143%$359.4M$314.9M10xas long as short
01 Exchange NEARUSD+0.0320%1h4.4260+6.882%$13K$6K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0356% / S −0.0258%1h4.4241+6.837%$260K100xas long as short
Lighter RH NEAR+0.0424%1h4.4372+7.153%$1.5M$6.5M10xas long as short
Lighter NEAR+0.0472%1h4.4369+7.147%$17.5M$24.0M15xas long as short
HTX NEAR-USDT+0.0487%8h4.4340+7.076%$468K$3.7M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.4153+6.624%$2.3M$17.3M50xas long as short
Backpack NEAR_USDC_PERP+0.0539%1h4.4376+7.163%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.4300+6.980%$599K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.4328+7.047%$418K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.4057+6.392%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1020%1h4.3929+6.084%$5K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1152%1h4.4298+6.974%$1.9M$13.1M25xas long as short