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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.019%
Price spread now: Orderly against Injective+10.022%58s7-day average −0.492% · 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−0.053%−$5 on $10k
Price spread, last 4 days (all we have)−11.873%−$1,187 · spread now +10.022%, 7d avg −0.492%
Together, before fees−11.926%−$1,193 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 Orderly is 10.514% dearer against Injective than usual: you sell high and buy low: +$1,051 more if the spread goes back to its 7-day average of −0.492%. Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour. The two prices were read 58 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 34s$578$301K12x
ShortOrderly PERP_NEAR_USDC4.55600.0100get 0.0100% / 8h7h 03m$58K$239K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +10.022% → −0.492%
$1,051.38
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Orderly: 3 bp × 2 orders
−$6
Net
$1,059.36
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample
Injective and Orderly: 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
Kraken Futures PF_NEARUSD−0.0414%1h4.5573+10.054%$7.5M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.5762+10.511%$2K20xas long as short
Phemex NEARUSDT−0.0137%8h4.5530+9.949%$3.6M$7.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.5519+9.923%$111K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5509+9.899%$171K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Popdex NEARUSDT+0.0096%1h4.5680+10.312%$121K$512K50xas long as short
Aster NEARUSDT+0.0100%8h4.5675+10.300%$2.7M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.5712+10.388%$277.4M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5817+10.642%$238.2M$433.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.5770+10.529%$64.9M$312.2M50xas long as short
Arcus NEAR-USD+0.0100%1h4.5700+10.360%$238K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5050+8.790%$260K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5497+9.870%$39.0M$64.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5510+9.901%$88.0M$166.2M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5550+9.998%$54.0M$45.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5753+10.488%$75.5M$127.2M75xas long as short
BingX NEAR-USDC+0.0100%8h4.5570+10.046%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.5318+9.436%$9.4M$17.8Mas long as short
edgeX NEARUSDC+0.0100%4h4.5430+9.708%$268K$900K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5537+9.966%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5480+9.829%$171K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5837+10.691%$285K$4.0M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.5560+10.022%$58K$239K20x
SunX NEAR-USDT+0.0100%8h4.5680+10.312%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5565+10.034%$5K$49K10xas long as short
Extended NEAR-USD+0.0104%1h4.5543+9.981%$3.8M$15.1M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5584+10.080%$212K$38K3xas long as short
Paradex NEAR-USD-PERP+0.0106%8h4.5537+9.966%$33K$41310xas long as short
Kalshi KXNEARPERP+0.0130%8h4.5642+10.220%$943K$25.5M2.2xas long as short
Nado NEAR-PERP+0.0211%1h4.5780+10.553%$1.8M$3.2M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.5450+9.756%$12.8M$33.5M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0348% / S −0.0244%1h4.5582+10.075%$268K100xas long as short
01 Exchange NEARUSD+0.0384%1h4.5725+10.420%$13K$5K10xas long as short
HTX NEAR-USDT+0.0392%8h4.5690+10.336%$481K$3.8M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.5651+10.241%$2.4M$18.0M50xas long as short
Hyperliquid NEAR+0.0495%1h4.5793+10.584%$372.7M$319.6M10xas long as short
Lighter NEAR+0.0560%1h4.5604+10.128%$17.9M$24.3M15xas long as short
Lighter RH NEAR+0.0592%1h4.5608+10.138%$1.6M$6.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0643%1h4.5571+10.048%$1.1M$7.2M20xas long as short
RISEx NEAR/USDC+0.0656%1h4.5686+10.326%$649K$1.6M10xas long as short
Pacifica NEAR+0.0701%1h4.5542+9.978%$429K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.5702+10.365%$1.7M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1241%1h4.5222+9.205%$6K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.2276%1h4.5640+10.215%$2.0M$13.1M25xas long as short