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

NEAR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.004%
Price spread now: SunX against Injective+5.578%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 7 days−0.007%−$1 on $10k
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 +$2 a day on $10k at the current rate, and SunX is 5.578% dearer against Injective than usual: you sell high and buy low: +$558 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% / 1h28m 38s$578$301K12x
ShortSunX NEAR-USDT4.37200.0100get 0.0100% / 8h3h 28m$2K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +5.578% → 0.000%
$557.84
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SunX: 4 bp × 2 orders
−$8
Net
$563.82
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; SunX: live order book, 6 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 SunX live order book, 6 min ago31.09 bp84.5 bp −$84doesn't fitdoesn'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%1h4.3624+5.347%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3581+5.242%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3548+5.163%$163K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3653+5.417%$2.4M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3630+5.361%$110K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3630+5.361%$267.5M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3585+5.252%$215.9M$428.0M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3590+5.264%$61.9M$293.4M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3412+4.835%$247K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3585+5.252%$32.3M$61.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3630+5.361%$73.4M$145.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3620+5.337%$54.0M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3582+5.245%$71.6M$129.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3600+5.289%$145.9Mas long as short
Variational Omni NEAR+0.0100%8h4.3637+5.379%$8.4M$17.9Mas long as short
edgeX NEARUSDC+0.0100%4h4.3632+5.367%$255K$951K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3676+5.471%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3600+5.289%$168K$798K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3656+5.424%$279K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3587+5.257%$58K$246K20xas long as short
SunX NEAR-USDTshort+0.0100%8h4.3720+5.578%$2K$1.4M20x
HTX NEAR-USDT+0.0100%8h4.3720+5.578%$474K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3590+5.264%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3573+5.224%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3585+5.252%$203K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3630+5.361%$13.6M$32.4M75xas long as short
Pacifica NEAR+0.0263%1h4.3619+5.333%$409K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0265%8h4.3600+5.289%$783K$23.3M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0324% / S −0.0200%1h4.3598+5.284%$235K100xas long as short
Aster NEARUSDT+0.0331%8h4.3630+5.361%$2.9M$5.5M50xas long as short
SoDEX NEAR-USD+0.0387%1h4.3560+5.192%$8K$49K10xas long as short
01 Exchange NEARUSD+0.0520%1h4.3655+5.421%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0552%1h4.3623+5.344%$1.3M$6.7M20xas long as short
Nado NEAR-PERP+0.0563%1h4.3620+5.337%$1.8M$3.2M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3640+5.385%$214K$1.6M10xas long as short
Hyperliquid NEAR+0.0643%1h4.3639+5.383%$357.8M$317.7M10xas long as short
Extended NEAR-USD+0.0656%1h4.3572+5.221%$3.8M$20.0M25xas long as short
Kraken Futures PF_NEARUSD+0.0707%1h4.3573+5.224%$7.6M$39.4M50xas long as short
Lighter RH NEAR+0.0904%1h4.3668+5.453%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3543+5.151%$1.8M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0990%1h4.3596+5.279%$1.9M$9.0M25xas long as short
Lighter NEAR+0.1128%1h4.3668+5.453%$17.6M$25.0M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3634+5.371%$686K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1550%1h4.3518+5.090%$5K$12K10xas long as short