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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.046%
Price spread now: OKX against Injective+5.216%98s7-day average −0.993% · 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−0.019%−$2 on $10k
Price spread, last 3 days (all we have)−7.194%−$719 · spread now +5.216%, 7d avg −0.993%
Together, before fees−7.213%−$721 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 OKX is 6.209% dearer against Injective than usual: you sell high and buy low: +$621 more if the spread goes back to its 7-day average of −0.993%. The two prices were read 98 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% / 1h3m 44s$578$302K12x
ShortOKX NEAR-USDT-SWAP4.35700.0100get 0.0100% / 8h6h 03m$62.1M$288.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +5.216% → −0.993%
$620.9
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee OKX: 5 bp × 2 orders
−$10
Net
$624.88
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago1.14 bp9.4 bp −$918.7 bp −$18741.2 bp −$4,117doesn'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 44 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%1h4.3618+5.333%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0064%1h4.3610+5.313%$2.2M$14.2M50xas long as short
dYdX NEAR-USD0.0000%1h4.3601+5.292%$107K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.3647+5.402%$560K$19.6M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.3639+5.383%$197K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$302K12x
Popdex NEARUSDT+0.0096%1h4.3660+5.433%$114K$486K50xas long as short
Variational Omni NEAR+0.0100%8h4.3557+5.186%$8.4M$18.4Mas long as short
Pacifica NEAR+0.0100%1h4.3621+5.340%$409K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.3635+5.374%$264.6M$1.08B75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NEARUSDT+0.0100%8h4.3605+5.301%$219.4M$417.8M75xas long as short
OKX NEAR-USDT-SWAPshort+0.0100%8h4.3570+5.216%$62.1M$288.3M50x
Arcus NEAR-USD+0.0100%1h4.3700+5.530%$208K$1.7M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3555+5.180%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3636+5.376%$31.5M$63.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3660+5.433%$75.2M$144.8M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3670+5.458%$54.0M$43.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3614+5.322%$71.6M$126.1M75xas long as short
BingX NEAR-USDC+0.0100%8h4.3640+5.385%$6.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3788+5.743%$270K$1.0M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3782+5.727%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3780+5.723%$199K$774K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3672+5.462%$207K$3.6M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3628+5.356%$60K$190K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3720+5.578%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3608+5.308%$5K$51K10xas long as short
HTX NEAR-USDT+0.0100%8h4.3680+5.482%$455K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3650+5.409%$3.8M$8.1M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3533+5.127%$31K$60810xas long as short
Extended NEAR-USD+0.0104%1h4.3624+5.347%$3.8M$18.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.3630+5.361%$203K$34K3xas long as short
Aster NEARUSDT+0.0180%8h4.3667+5.450%$3.0M$5.6M50xas long as short
Kraken Futures PF_NEARUSD+0.0217%1h4.3618+5.333%$7.7M$40.7M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0347% / S −0.0242%1h4.3629+5.358%$255K100xas long as short
01 Exchange NEARUSD+0.0408%1h4.3712+5.559%$13K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0415%1h4.3651+5.412%$1.9M$4.3M25xas long as short
Nado NEAR-PERP+0.0419%1h4.3645+5.397%$1.9M$3.1M10xas long as short
RISEx NEAR/USDC+0.0509%1h4.3705+5.541%$548K$1.3M10xas long as short
Phoenix NEAR+0.0592%1h4.3816+5.810%$1.8M$2.6M10xas long as short
Lighter RH NEAR+0.0784%1h4.3675+5.470%$1.6M$7.1M10xas long as short
Backpack NEAR_USDC_PERP+0.0825%1h4.3678+5.477%$1.5M$6.3M20xas long as short
Hyperliquid NEAR+0.0866%1h4.3677+5.475%$367.7M$305.9M10xas long as short
Aftermath Perps NEARUSD+0.1640%1h4.3736+5.616%$5K$12K10xas long as short
Lighter NEAR+0.1704%1h4.3706+5.544%$17.5M$25.8M15xas long as short