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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.1025%/8h= +112.3% APRpaid last 24h +0.020%
Price spread now: HTX against Injective+0.121%55s7-day average −0.824% · 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+0.500%+$50 on $10k
Price spread, last 3 days (all we have)−3.182%−$318 · spread now +0.121%, 7d avg −0.824%
Together, before fees−2.682%−$268 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and HTX is 0.944% dearer against Injective than usual: you sell high and buy low: +$94 more if the spread goes back to its 7-day average of −0.824%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.500% in total (about 26.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h1m 19s$578$302K12x
ShortHTX NEAR-USDT4.14600.1058get 0.1058% / 8h2h 01m$446K$3.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$215.29
Price spread: +0.121% → −0.824%
$94.44
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
$297.72
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; HTX: 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 HTX live order book, 3 min ago8.43 bp16.4 bp −$1656.7 bp −$567doesn'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%1h4.1376−0.081%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0024%1h4.1338−0.174%$2.1M$12.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.1320−0.218%$104K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1331−0.191%$399K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1386−0.058%$205K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$302K12x
Deribit NEAR_USDC-PERPETUAL+0.0089%1h4.1283−0.307%$1.8M$2.1M25xas long as short
Popdex NEARUSDT+0.0096%1h4.1340−0.169%$110K$493K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.1393−0.041%$53K$157K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1315−0.229%$30K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.1348−0.149%$2.9M$5.9M50xas long as short
Pacifica NEAR+0.0100%1h4.1321−0.215%$348K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1386−0.059%$235.9M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1361−0.118%$210.6M$428.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1370−0.097%$56.4M$275.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1252−0.382%$235K$6K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1377−0.080%$29.5M$58.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1400−0.024%$81.2M$145.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1400−0.024%$56.0M$44.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1388−0.053%$68.8M$126.7M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1350−0.145%$136.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1203−0.500%$7.6M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.1358−0.126%$236K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1313−0.234%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1340−0.169%$181K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1406−0.010%$204K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1390−0.048%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1265−0.350%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1290−0.290%$3.8M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.1306−0.251%$3.8M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1385−0.060%$201K$61K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1340−0.169%$307K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0150%1h4.1299−0.267%$7.5M$37.1M50xas long as short
01 Exchange NEARUSD+0.0160%1h4.1342−0.164%$12K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1370−0.097%$12.2M$33.6M75xas long as short
Lighter RH NEAR+0.0256%1h4.1365−0.109%$1.4M$7.2M10xas long as short
Nado NEAR-PERP+0.0355%1h4.1364−0.110%$1.8M$3.6M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0377% / S −0.0324%1h4.1390−0.047%$276K100xas long as short
RISEx NEAR/USDC+0.0569%1h4.1344−0.159%$411K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1419+0.022%$1.7M$2.8M10xas long as short
Lighter NEAR+0.0720%1h4.1317−0.224%$15.2M$23.1M15xas long as short
Backpack NEAR_USDC_PERP+0.0742%1h4.1331−0.191%$1.4M$5.7M20xas long as short
Hyperliquid NEAR+0.0834%1h4.1438+0.068%$348.4M$299.4M10xas long as short
Aftermath Perps NEARUSD+0.0927%1h4.1332−0.188%$5K$11K10xas long as short
HTX NEAR-USDTshort+0.1058%8h4.1460+0.121%$446K$3.7M75x