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+0.0207%/8h= +22.7% APRpaid last 24h +0.059%
Price spread now: BloFin against Injective+6.448%7-day average −0.389% · 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+0.209%+$21 on $10k
Price spread, last 4 days (all we have)−8.242%−$824 · spread now +6.448%, 7d avg −0.389%
Together, before fees−8.033%−$803 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 6.837% dearer against Injective than usual: you sell high and buy low: +$684 more if the spread goes back to its 7-day average of −0.389%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h46m 04s$578$301K12x
ShortBloFin NEAR-USDT4.40800.0241get 0.0241% / 8h7h 46m$12.7M$32.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$43.54
Price spread: +6.448% → −0.389%
$683.72
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$715.23
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 3 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 BloFin live order book, 3 min ago4.58 bp10.6 bp −$1114.2 bp −$14233.7 bp −$3,37581.4 bp −$40.7K
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
Phemex NEARUSDT−0.1118%8h4.4250+6.858%$3.6M$8.2M50xas long as short
Kraken Futures PF_NEARUSD−0.0427%1h4.4263+6.889%$7.3M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4272+6.910%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4187+6.707%$108K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4269+6.905%$166K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Popdex NEARUSDT+0.0096%1h4.4200+6.738%$117K$507K50xas long as short
Aster NEARUSDT+0.0100%8h4.4205+6.750%$2.8M$4.8M50xas long as short
Bybit NEARUSDT+0.0100%8h4.4189+6.711%$224.9M$430.9M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4150+6.617%$62.4M$300.4M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NEAR-USD+0.0100%1h4.4190+6.713%$231K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3750+5.651%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4219+6.783%$36.8M$61.8M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4270+6.907%$53.3M$45.7M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4173+6.672%$72.8M$128.3M75xas long as short
Variational Omni NEAR+0.0100%8h4.3688+5.501%$9.0M$18.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.3658+5.429%$253K$895K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3670+5.458%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3680+5.482%$167K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4220+6.786%$276K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4262+6.887%$59K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4330+7.051%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4275+6.919%$5K$50K10xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.4184+6.699%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.4169+6.663%$3.7M$16.0M25xas long as short
Aevo NEAR-PERP+0.0112%1h4.4269+6.905%$206K$40K3xas long as short
MEXC NEAR_USDT+0.0120%8h4.4280+6.931%$92.9M$155.0M200xas long as short
Binance NEARUSDT+0.0122%8h4.4201+6.739%$266.7M$1.09B75xas long as short
BingX NEAR-USDC+0.0133%8h4.4210+6.762%$6.7Mas long as short
Kalshi KXNEARPERP+0.0151%8h4.4198+6.733%$883K$25.3M2.2xas long as short
Hyperliquid NEAR+0.0177%1h4.4256+6.873%$357.6M$318.5M10xas long as short
Nado NEAR-PERP+0.0237%1h4.4266+6.898%$1.7M$3.2M10xas long as short
BloFin NEAR-USDTshort+0.0241%8h4.4080+6.448%$12.7M$32.6M75x
01 Exchange NEARUSD+0.0280%1h4.4241+6.837%$13K$7K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0350% / S −0.0251%1h4.4244+6.844%$259K100xas long as short
Lighter RH NEAR+0.0408%1h4.4324+7.037%$1.5M$6.4M10xas long as short
HTX NEAR-USDT+0.0484%8h4.4380+7.172%$469K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.4303+6.986%$2.3M$17.4M50xas long as short
Lighter NEAR+0.0488%1h4.4340+7.077%$17.5M$23.8M15xas long as short
Backpack NEAR_USDC_PERP+0.0613%1h4.4257+6.875%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.4270+6.906%$599K$1.5M10xas long as short
Pacifica NEAR+0.0701%1h4.4201+6.739%$417K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.3729+5.600%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1058%1h4.3836+5.859%$5K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1875%1h4.4339+7.073%$1.9M$13.1M25xas long as short