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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.058%
Price spread now: edgeX against Injective+7.311%107s7-day average −0.948% · 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−0.007%−$1 on $10k
Price spread, last 3 days (all we have)−9.065%−$906 · spread now +7.311%, 7d avg −0.948%
Together, before fees−9.071%+ Points / potential airdropedgeX: Active · farm board−$907 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 edgeX is 8.259% dearer against Injective than usual: you sell high and buy low: +$826 more if the spread goes back to its 7-day average of −0.948%. The two prices were read 107 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% / 1h33m 22s$578$302K12x
ShortedgeX NEARUSDC4.44380.0100get 0.0050% / 4h1h 33m$266K$988K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +7.311% → −0.948%
$825.94
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$830.92
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 10 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 edgeX live order book, 10 min ago7.95 bp13.4 bp −$1332.0 bp −$320doesn't fitdoesn'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
Reya NEARRUSDPERP−0.0171%1h4.4374+7.159%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.4482+7.418%$2.2M$14.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4384+7.182%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4474+7.399%$656K$19.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.4478+7.409%$201K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$302K12x
Popdex NEARUSDT+0.0096%1h4.4490+7.438%$116K$488K50xas long as short
Pacifica NEAR+0.0100%1h4.4420+7.268%$419K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4446+7.332%$269.4M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4509+7.484%$224.2M$418.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4480+7.414%$63.4M$294.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4421+7.270%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4391+7.199%$32.1M$62.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4460+7.365%$77.3M$142.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4410+7.245%$55.9M$44.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4493+7.445%$73.3M$126.8M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4490+7.438%$144.9Mas long as short
Variational Omni NEAR+0.0100%8h4.4296+6.970%$8.7M$18.2Mas long as short
edgeX NEARUSDCshort+0.0100%4h4.4438+7.311%$266K$988K20x
GRVT NEAR_USDT_Perp+0.0100%8h4.4485+7.425%$1.5M$1.4M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4517+7.503%$212K$3.7M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4509+7.484%$61K$195K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4540+7.559%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4472+7.394%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4580+7.655%$464K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4450+7.341%$3.9M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4416+7.258%$32K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.4414+7.255%$3.8M$18.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4533+7.542%$207K$34K3xas long as short
ApeX Omni NEARUSDT+0.0186%1h4.4450+7.341%$172K$793K50xas long as short
BloFin NEAR-USDT+0.0220%8h4.4560+7.607%$13.8M$31.6M75xas long as short
Aster NEARUSDT+0.0238%8h4.4448+7.336%$3.0M$5.4M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0352% / S −0.0245%1h4.4462+7.370%$261K100xas long as short
Nado NEAR-PERP+0.0384%1h4.4399+7.217%$1.9M$3.1M10xas long as short
01 Exchange NEARUSD+0.0408%1h4.4514+7.496%$13K$7K10xas long as short
Arcus NEAR-USD+0.0410%1h4.4500+7.462%$212K$1.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0492%1h4.4486+7.428%$2.0M$4.4M25xas long as short
Backpack NEAR_USDC_PERP+0.0687%1h4.4521+7.513%$1.4M$6.6M20xas long as short
Kraken Futures PF_NEARUSD+0.0692%1h4.4490+7.439%$8.3M$41.0M50xas long as short
Hyperliquid NEAR+0.0808%1h4.4433+7.300%$373.6M$305.7M10xas long as short
Lighter RH NEAR+0.0848%1h4.4449+7.339%$1.6M$6.9M10xas long as short
Phoenix NEAR+0.0855%1h4.4143+6.600%$1.8M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.4494+7.448%$563K$1.3M10xas long as short
Lighter NEAR+0.1448%1h4.4475+7.402%$17.8M$25.8M15xas long as short
Aftermath Perps NEARUSD+0.1691%1h4.4218+6.781%$6K$12K10xas long as short