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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.046%
Price spread now: Bulk against Injective+3.253%7-day average −1.071% · 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)−0.014%−$1 on $10k
Price spread, last 3 days (all we have)−5.729%−$573 · spread now +3.253%, 7d avg −1.071%
Together, before fees−5.743%−$574 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 Bulk is 4.325% dearer against Injective than usual: you sell high and buy low: +$432 more if the spread goes back to its 7-day average of −1.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h2m 01s$578$302K12x
ShortBulk NEAR-USD4.27570.0100get 0.0013% / 1h2m 01s$244K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: +3.253% → −1.071%
$432.47
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$439.45
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Bulk: live order book, 12 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 Bulk live order book, 12 min ago11.72 bp15.2 bp −$1515.2 bp −$15233.8 bp −$3,38158.9 bp −$29.4K
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%1h4.2659+3.017%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2786+3.323%$2.2M$13.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.2809+3.378%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2746+3.226%$391K$18.8M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2744+3.222%$203K150xas long as short
Variational Omni NEAR+0.0032%8h4.2749+3.234%$7.8M$18.5Mas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$302K12x
Bybit NEARUSDT+0.0037%8h4.2700+3.115%$217.3M$421.8M75xas long as short
01 Exchange NEARUSD+0.0064%1h4.2726+3.178%$13K$7K10xas long as short
Popdex NEARUSDT+0.0096%1h4.2690+3.091%$110K$496K50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NEAR_USDC+0.0099%8h4.2754+3.246%$57K$194K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2684+3.076%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2784+3.319%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2793+3.340%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2730+3.188%$253.2M$1.08B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2700+3.115%$60.7M$285.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2750+3.236%$196K$1.8M10xas long as short
Bulk NEAR-USDshort+0.0100%1h4.2757+3.253%$244K$2K10x
Gate NEAR_USDT+0.0100%8h4.2716+3.154%$30.8M$60.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2750+3.236%$79.1M$142.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2750+3.236%$55.8M$43.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2703+3.122%$70.8M$126.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2720+3.163%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.2741+3.215%$244K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2826+3.419%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2820+3.405%$179K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2692+3.096%$194K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2800+3.357%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2745+3.224%$4K$54K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2750+3.236%$3.8M$8.5M50xas long as short
Extended NEAR-USD+0.0104%1h4.2709+3.138%$3.8M$16.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2741+3.214%$202K$66K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2769+3.281%$7.6M$37.4M50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2780+3.308%$13.0M$29.3M75xas long as short
Lighter RH NEAR+0.0336%1h4.2812+3.386%$1.6M$7.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0376% / S −0.0316%1h4.2751+3.238%$275K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2715+3.151%$418K$1.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0405%1h4.2786+3.323%$1.9M$2.8M25xas long as short
Backpack NEAR_USDC_PERP+0.0449%1h4.2774+3.294%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2887+3.567%$1.8M$2.7M10xas long as short
Hyperliquid NEAR+0.0585%1h4.2782+3.313%$364.5M$301.3M10xas long as short
Nado NEAR-PERP+0.0655%1h4.2690+3.091%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0739%8h4.2820+3.405%$457K$3.7M75xas long as short
Aftermath Perps NEARUSD+0.1189%1h4.2798+3.352%$5K$12K10xas long as short
Lighter NEAR+0.1784%1h4.2880+3.549%$16.9M$24.7M15xas long as short