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+0.0199%/8h= +21.8% APRnext payment +$0.25 per $10,000 · paid last 24h −0.045%
Price spread now: 01 Exchange against Injective+7.732%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 +$6 a day on $10k at the current rate, and 01 Exchange is 7.732% dearer against Injective than usual: you sell high and buy low: +$773 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% / 1h42m 09s$578$302K12x
Short01 Exchange NEARUSD4.46120.0232get 0.0029% / 1h42m 09s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$41.72
Price spread: +7.732% → 0.000%
$773.24
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$807.94
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
Injective and 01 Exchange: 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%1h4.4555+7.595%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4653+7.831%$2.2M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4687+7.914%$110K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4620+7.752%$621K$22.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4559+7.605%$166K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$302K12x
Popdex NEARUSDT+0.0096%1h4.4600+7.703%$118K$518K50xas long as short
Pacifica NEAR+0.0100%1h4.4642+7.804%$427K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4609+7.726%$272.8M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4580+7.655%$223.3M$425.1M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4570+7.631%$63.3M$303.7M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4550+7.583%$254K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4581+7.658%$32.3M$63.1M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4610+7.728%$75.2M$147.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4610+7.728%$55.4M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4572+7.636%$73.3M$130.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4590+7.679%$147.4Mas long as short
Variational Omni NEAR+0.0100%8h4.4367+7.140%$8.6M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4481+7.415%$267K$979K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4375+7.159%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4230+6.810%$170K$793K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4594+7.689%$241K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4620+7.752%$57K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4750+8.066%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4600+7.703%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4730+8.017%$466K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4590+7.679%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4648+7.819%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4621+7.755%$207K$40K3xas long as short
Hyperliquid NEAR+0.0186%1h4.4626+7.766%$368.6M$327.0M10xas long as short
Extended NEAR-USD+0.0192%1h4.4573+7.637%$4.0M$19.6M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.4550+7.583%$14.1M$33.2M75xas long as short
Backpack NEAR_USDC_PERP+0.0220%1h4.4616+7.742%$1.4M$6.6M20xas long as short
01 Exchange NEARUSDshort+0.0232%1h4.4612+7.732%$13K$7K10x
Aster NEARUSDT+0.0303%8h4.4630+7.776%$3.1M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0339% / S −0.0217%1h4.4558+7.602%$249K100xas long as short
Lighter RH NEAR+0.0456%1h4.4645+7.812%$1.6M$7.2M10xas long as short
Nado NEAR-PERP+0.0503%1h4.4533+7.542%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4700+7.945%$221K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0582%1h4.4611+7.730%$8.3M$40.2M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0625%1h4.4625+7.764%$2.0M$6.8M25xas long as short
Lighter NEAR+0.0688%1h4.4668+7.868%$18.0M$26.2M15xas long as short
Phoenix NEAR+0.0794%1h4.4521+7.513%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.4621+7.754%$564K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1563%1h4.4617+7.745%$6K$12K10xas long as short