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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h −0.046%
Price spread now: SoDEX against Injective+1.686%62s7-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 3 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 +$3 a day on $10k at the current rate, and SoDEX is 1.686% dearer against Injective than usual: you sell high and buy low: +$169 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.1410−0.0002get 0.0000% / 1h13m 38s$578$302K12x
ShortSoDEX NEAR-USD4.21080.0100get 0.0013% / 1h13m 38s$5K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$21.5
Price spread: +1.686% → 0.000%
$168.56
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$182.04
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Injective and SoDEX: 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%1h4.2123+1.723%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0032%1h4.2129+1.736%$2.2M$12.7M50xas long as short
Injective NEAR/USDC PERPlong−0.0002%1h4.1410long leg$578$302K12x
dYdX NEAR-USD0.0000%1h4.2094+1.651%$109K$58K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2119+1.712%$446K$18.4M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2142+1.767%$209K150xas long as short
Kraken Futures PF_NEARUSD+0.0048%1h4.2136+1.754%$7.7M$36.2M50xas long as short
Popdex NEARUSDT+0.0096%1h4.2160+1.811%$108K$487K50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2070+1.593%$30K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2167+1.827%$3.0M$5.7M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NEAR+0.0100%1h4.2094+1.651%$364K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2090+1.642%$242.0M$1.06B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2074+1.603%$215.0M$418.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2080+1.618%$58.5M$276.0M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2100+1.666%$212K$1.7M10xas long as short
Gate NEAR_USDT+0.0100%8h4.2107+1.683%$30.0M$58.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2100+1.666%$83.0M$143.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2100+1.666%$55.3M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2092+1.647%$69.8M$124.3M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2090+1.642%$136.9Mas long as short
Variational Omni NEAR+0.0100%8h4.2040+1.521%$7.8M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.2112+1.696%$246K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2084+1.628%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2120+1.715%$176K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2184+1.869%$204K$3.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2125+1.727%$56K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2200+1.908%$2K$1.4M20xas long as short
SoDEX NEAR-USDshort+0.0100%1h4.2108+1.686%$5K$46K10x
Phemex NEARUSDT+0.0100%8h4.2130+1.739%$3.9M$8.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2042+1.526%$240K$2K10xas long as short
Extended NEAR-USD+0.0104%1h4.2090+1.641%$3.9M$14.7M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2106+1.680%$203K$62K3xas long as short
Lighter RH NEAR+0.0120%1h4.2151+1.789%$1.5M$7.0M10xas long as short
01 Exchange NEARUSD+0.0128%1h4.2148+1.782%$12K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0154%1h4.2148+1.782%$1.9M$2.2M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.2130+1.739%$12.4M$31.9M75xas long as short
RISEx NEAR/USDC+0.0364%1h4.2131+1.742%$410K$1.2M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0385% / S −0.0332%1h4.2134+1.749%$286K100xas long as short
Hyperliquid NEAR+0.0483%1h4.2201+1.910%$358.1M$294.3M10xas long as short
Nado NEAR-PERP+0.0498%1h4.2146+1.778%$1.9M$3.5M10xas long as short
Backpack NEAR_USDC_PERP+0.0517%1h4.2159+1.809%$1.2M$5.6M20xas long as short
Phoenix NEAR+0.0542%1h4.2164+1.821%$1.7M$2.7M10xas long as short
Lighter NEAR+0.0928%1h4.2197+1.900%$16.3M$23.6M15xas long as short
HTX NEAR-USDT+0.0939%8h4.2290+2.125%$453K$3.5M75xas long as short
Aftermath Perps NEARUSD+0.0984%1h4.2105+1.679%$5K$11K10xas long as short