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−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h +0.052%
Price spread now: Injective against Pacifica−7.444%7-day average · you buy dearer than you sell
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−0.025%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 7.444% cheaper against Pacifica than usual: you would sell low and buy high (−$744 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NEAR4.47400.0100pay 0.0013% / 1h50m 21s$425K$1.2M10x
ShortInjective NEAR/USDC PERP4.14100.0033get 0.0004% / 1h50m 21s$578$302K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Pacifica. 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: −7.444% → 0.000%
−$744.4
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$766.42
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 4 min ago; Injective: 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 Pacifica live order book, 4 min ago3.01 bp7.5 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
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%1h4.4633−0.240%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4796+0.124%$2.2M$15.4M50xas long as short
dYdX NEAR-USD0.0000%1h4.4694−0.103%$110K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4837+0.216%$619K$22.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4688−0.117%$167K150xas long as short
Injective NEAR/USDC PERPshort+0.0033%1h4.1410−7.444%$578$302K12x
Popdex NEARUSDT+0.0096%1h4.4670−0.157%$117K$517K50xas long as short
Pacifica NEARlong+0.0100%1h4.4740long leg$425K$1.2M10x
Binance NEARUSDT+0.0100%8h4.4707−0.076%$274.1M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4670−0.157%$224.0M$425.5M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4650−0.202%$63.9M$304.0M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5100+0.804%$257K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4688−0.117%$32.2M$62.6M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4680−0.135%$76.6M$146.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4700−0.090%$55.3M$46.2M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4636−0.233%$73.4M$130.6M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4690−0.113%$147.6Mas long as short
Variational Omni NEAR+0.0100%8h4.4797+0.127%$8.7M$18.2Mas long as short
edgeX NEARUSDC+0.0100%4h4.4912+0.384%$269K$977K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4926+0.414%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4950+0.468%$173K$792K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4645−0.213%$245K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4685−0.124%$57K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4880+0.312%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4803+0.140%$8K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.4910+0.379%$467K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4780+0.088%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4730−0.024%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4825+0.189%$208K$40K3xas long as short
Extended NEAR-USD+0.0216%1h4.4607−0.299%$4.0M$19.6M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.4840+0.222%$14.2M$33.6M75xas long as short
Backpack NEAR_USDC_PERP+0.0265%1h4.4818+0.173%$1.4M$6.7M20xas long as short
01 Exchange NEARUSD+0.0296%1h4.4687−0.119%$13K$7K10xas long as short
Aster NEARUSDT+0.0307%8h4.4698−0.094%$3.1M$5.6M50xas long as short
Hyperliquid NEAR+0.0334%1h4.4667−0.164%$370.2M$325.1M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0338% / S −0.0216%1h4.4688−0.118%$249K100xas long as short
Nado NEAR-PERP+0.0513%1h4.4626−0.255%$1.9M$3.1M10xas long as short
Lighter RH NEAR+0.0544%1h4.4794+0.120%$1.6M$7.1M10xas long as short
Kraken Futures PF_NEARUSD+0.0579%1h4.4821+0.179%$8.3M$40.3M50xas long as short
Arcus NEAR-USD+0.0581%1h4.4730−0.023%$221K$1.8M10xas long as short
Lighter NEAR+0.0696%1h4.4769+0.064%$18.0M$26.1M15xas long as short
Phoenix NEAR+0.0794%1h4.5018+0.620%$1.9M$2.8M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0866%1h4.4847+0.238%$2.1M$6.5M25xas long as short
RISEx NEAR/USDC+0.0926%1h4.4722−0.040%$565K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1577%1h4.4863+0.275%$6K$12K10xas long as short