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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0892%/8h= +97.7% APRnext payment +$1.12 per $10,000 · paid last 24h +0.083%
Price spread now: RISEx against Injective+6.806%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and RISEx is 6.806% dearer against Injective than usual: you sell high and buy low: +$681 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h16m 39s$578$302K12x
ShortRISEx NEAR/USDC4.42280.0926get 0.0116% / 1h16m 39s$592K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$187.39
Price spread: +6.806% → 0.000%
$680.57
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee RISEx: 3 bp × 2 orders
−$6
Net
$861.94
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; RISEx: live order book, 2 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 RISEx live order book, 2 min ago3.06 bp6.1 bp −$613.1 bp −$131doesn'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%1h4.4159+6.637%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4266+6.897%$2.3M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4200+6.736%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4262+6.887%$599K$22.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4218+6.781%$166K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$302K12x
Popdex NEARUSDT+0.0096%1h4.4180+6.689%$113K$519K50xas long as short
Pacifica NEAR+0.0100%1h4.4237+6.826%$420K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4250+6.858%$272.2M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4186+6.704%$222.4M$424.6M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4180+6.689%$63.0M$300.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4098+6.492%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4194+6.723%$32.2M$64.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4240+6.834%$74.9M$150.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4240+6.834%$54.8M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4186+6.704%$72.6M$130.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4180+6.689%$147.4Mas long as short
Variational Omni NEAR+0.0100%8h4.4057+6.392%$8.5M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4247+6.851%$265K$979K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4281+6.932%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4180+6.689%$170K$802K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4191+6.716%$246K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4249+6.856%$57K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4360+7.124%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4300+6.979%$459K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4260+6.882%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4187+6.707%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4290+6.955%$206K$40K3xas long as short
SoDEX NEAR-USD+0.0164%1h4.4248+6.853%$8K$52K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4290+6.955%$13.8M$33.0M75xas long as short
Aster NEARUSDT+0.0309%8h4.4262+6.888%$3.0M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0321% / S −0.0190%1h4.4215+6.773%$234K100xas long as short
Backpack NEAR_USDC_PERP+0.0324%1h4.4263+6.890%$1.4M$6.5M20xas long as short
01 Exchange NEARUSD+0.0336%1h4.4221+6.788%$13K$7K10xas long as short
Hyperliquid NEAR+0.0352%1h4.4276+6.921%$365.2M$324.7M10xas long as short
Extended NEAR-USD+0.0400%1h4.4164+6.650%$4.0M$19.7M25xas long as short
Nado NEAR-PERP+0.0543%1h4.4175+6.677%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4230+6.810%$219K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0587%1h4.4266+6.898%$8.2M$39.5M50xas long as short
Lighter RH NEAR+0.0656%1h4.4288+6.950%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4289+6.952%$1.8M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0903%1h4.4274+6.916%$2.0M$7.3M25xas long as short
RISEx NEAR/USDCshort+0.0926%1h4.4228+6.806%$592K$1.4M10x
Lighter NEAR+0.0960%1h4.4304+6.990%$17.9M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1566%1h4.4216+6.776%$5K$12K10xas long as short