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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: KuCoin against Injective+3.791%100s7-day average −0.610% · 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−0.042%−$4 on $10k
Price spread, last 4 days (all we have)−6.187%−$619 · spread now +3.791%, 7d avg −0.610%
Together, before fees−6.229%−$623 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 KuCoin is 4.402% dearer against Injective than usual: you sell high and buy low: +$440 more if the spread goes back to its 7-day average of −0.610%. The two prices were read 100 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% / 1h29m 39s$578$301K12x
ShortKuCoin NEARUSDTM4.29800.0100get 0.0100% / 8h2h 29m$51.9M$45.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +3.791% → −0.610%
$440.15
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$442.13
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago2.33 bp14.9 bp −$1525.7 bp −$25790.6 bp −$9,062doesn'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%1h4.2995+3.827%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2937+3.688%$106K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2937+3.687%$161K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Popdex NEARUSDT+0.0096%1h4.3020+3.888%$113K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.3047+3.954%$263.2M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2986+3.806%$214.3M$420.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3000+3.840%$60.5M$285.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2997+3.834%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2959+3.741%$32.4M$60.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.2980+3.791%$76.1M$143.9M200xas long as short
KuCoin NEARUSDTMshort+0.0100%8h4.2980+3.791%$51.9M$45.7M75x
Bitget NEARUSDT+0.0100%8h4.2987+3.808%$71.1M$127.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3010+3.864%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.2878+3.546%$8.1M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.2962+3.748%$259K$958K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2943+3.702%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3006+3.854%$262K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2995+3.828%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3090+4.057%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3100+4.081%$466K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3000+3.840%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.2957+3.736%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3015+3.876%$200K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2960+3.743%$13.2M$31.6M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.3035+3.924%$2.3M$15.8M50xas long as short
Kalshi KXNEARPERP+0.0262%8h4.2967+3.760%$869K$24.6M2.2xas long as short
ApeX Omni NEARUSDT+0.0263%1h4.2960+3.743%$165K$795K50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0311% / S −0.0198%1h4.2931+3.674%$232K100xas long as short
Aster NEARUSDT+0.0335%8h4.3027+3.905%$2.8M$5.3M50xas long as short
Nado NEAR-PERP+0.0376%1h4.3000+3.841%$1.7M$3.2M10xas long as short
Extended NEAR-USD+0.0528%1h4.2978+3.787%$3.7M$19.7M25xas long as short
SoDEX NEAR-USD+0.0567%1h4.2975+3.779%$6K$53K10xas long as short
Backpack NEAR_USDC_PERP+0.0656%1h4.3000+3.840%$1.3M$6.7M20xas long as short
Hyperliquid NEAR+0.0690%1h4.2991+3.818%$351.4M$310.3M10xas long as short
Kraken Futures PF_NEARUSD+0.0736%1h4.2958+3.738%$7.4M$38.9M50xas long as short
01 Exchange NEARUSD+0.0752%1h4.3093+4.064%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.3050+3.960%$216K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.2975+3.778%$394K$1.3M10xas long as short
Lighter NEAR+0.0928%1h4.3010+3.863%$16.8M$25.1M15xas long as short
Phoenix NEAR+0.1033%1h4.3089+4.055%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1112%1h4.3009+3.861%$1.5M$7.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1171%1h4.3000+3.840%$1.9M$11.0M25xas long as short
RISEx NEAR/USDC+0.1220%1h4.3046+3.951%$684K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1349%1h4.2958+3.737%$5K$12K10xas long as short