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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0204%/8h= +22.4% APRnext payment +$0.26 per $10,000 · paid last 24h +0.127%
Price spread now: Injective against Reya−3.116%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Injective is 3.116% cheaper against Reya than usual: you would sell low and buy high (spread −3.116% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$312 on $10k: about 51 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya NEARRUSDPERP4.2742−0.0171get 0.0021% / 1h54m 58s$2K20x
ShortInjective NEAR/USDC PERP4.14100.0033get 0.0004% / 1h54m 58s$578$302K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Reya. 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
$42.88
Price spread: −3.116% → 0.000%
−$311.64
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$274.78
Costs to cover
0.060%
Break-even
51.9 days
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample
Sell Injective no order-book sample
Reya and 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
Bybit NEARUSDT−0.0265%8h4.2880+0.323%$218.3M$419.9M75xas long as short
Reya NEARRUSDPERPlong−0.0171%1h4.2742long leg$2K20x
Phemex NEARUSDT−0.0167%8h4.2810+0.159%$3.8M$8.5M50xas long as short
Kraken Futures PF_NEARUSD−0.0131%1h4.2851+0.255%$7.6M$37.3M50xas long as short
Coinbase International NEAR-PERP-INTX−0.0096%1h4.2762+0.047%$2.2M$13.0M50xas long as short
01 Exchange NEARUSD−0.0008%1h4.2753+0.026%$13K$7K10xas long as short
dYdX NEAR-USD0.0000%1h4.2784+0.097%$111K$62K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2760+0.042%$386K$18.7M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2786+0.102%$203K150xas long as short
Variational Omni NEAR+0.0019%8h4.2869+0.298%$7.9M$18.5Mas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NEAR/USDC PERPshort+0.0033%1h4.1410−3.116%$578$302K12x
Popdex NEARUSDT+0.0096%1h4.2780+0.089%$111K$483K50xas long as short
Orderly PERP_NEAR_USDC+0.0099%8h4.2792+0.117%$57K$194K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2737−0.012%$31K$64710xas long as short
Aster NEARUSDT+0.0100%8h4.2873+0.306%$3.0M$5.7M50xas long as short
Pacifica NEAR+0.0100%1h4.2792+0.117%$401K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2890+0.346%$254.4M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2880+0.323%$60.7M$282.1M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2760+0.042%$196K$1.8M10xas long as short
Bulk NEAR-USD+0.0100%1h4.2646−0.224%$243K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2811+0.161%$30.9M$58.4M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2900+0.370%$79.3M$138.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2830+0.206%$55.9M$43.3M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2886+0.337%$71.1M$125.5M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2800+0.136%$141.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.2790+0.112%$244K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2819+0.179%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2780+0.089%$179K$794K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2783+0.096%$194K$3.5M10xas long as short
SunX NEAR-USDT+0.0100%8h4.2830+0.206%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2815+0.171%$4K$53K10xas long as short
HTX NEAR-USDT+0.0100%8h4.2880+0.323%$456K$3.6M75xas long as short
Extended NEAR-USD+0.0104%1h4.2869+0.298%$3.9M$16.4M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2788+0.109%$199K$28K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.2820+0.182%$13.0M$29.3M75xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0264%1h4.2816+0.173%$1.9M$2.9M25xas long as short
Hyperliquid NEAR+0.0339%1h4.2859+0.274%$365.2M$301.5M10xas long as short
Lighter RH NEAR+0.0344%1h4.2883+0.330%$1.6M$6.8M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0375% / S −0.0313%1h4.2786+0.102%$274K100xas long as short
RISEx NEAR/USDC+0.0428%1h4.2781+0.092%$418K$1.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0431%1h4.2854+0.262%$1.4M$5.6M20xas long as short
Phoenix NEAR+0.0463%1h4.2848+0.248%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0493%1h4.2750+0.019%$1.9M$3.4M10xas long as short
Aftermath Perps NEARUSD+0.1175%1h4.2834+0.214%$5K$12K10xas long as short
Lighter NEAR+0.1712%1h4.2948+0.482%$16.9M$23.4M15xas long as short