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% APRpaid last 24h −0.058%
Price spread now: Bitget against Injective+6.539%81s7-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−0.068%−$7 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 Bitget is 6.539% dearer against Injective than usual: you sell high and buy low: +$654 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h16m 02s$578$302K12x
ShortBitget NEARUSDT4.41180.0100get 0.0100% / 8h4h 16m$72.5M$130.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +6.539% → 0.000%
$653.95
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
$655.93
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago0.23 bp9.5 bp −$1016.9 bp −$16927.4 bp −$2,738doesn'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%1h4.4135+6.581%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0008%1h4.4152+6.622%$2.3M$15.5M50xas long as short
dYdX NEAR-USD0.0000%1h4.4200+6.736%$109K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.4196+6.728%$610K$22.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4149+6.613%$165K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$302K12x
Popdex NEARUSDT+0.0096%1h4.4180+6.689%$113K$519K50xas long as short
Pacifica NEAR+0.0100%1h4.4237+6.826%$420K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.4130+6.568%$271.4M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4120+6.544%$222.0M$424.8M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4110+6.520%$62.9M$299.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4098+6.492%$251K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4097+6.489%$32.1M$64.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4150+6.617%$74.7M$150.0M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4150+6.617%$54.7M$46.2M75xas long as short
Bitget NEARUSDTshort+0.0100%8h4.4118+6.539%$72.5M$130.5M75x
BingX NEAR-USDT+0.0100%8h4.4110+6.520%$147.4Mas long as short
Variational Omni NEAR+0.0100%8h4.4137+6.586%$8.6M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.4247+6.851%$265K$979K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4281+6.932%$1.5M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4180+6.689%$170K$802K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4192+6.718%$245K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4172+6.670%$56K$227K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4330+7.051%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4260+6.882%$458K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4190+6.713%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.4187+6.707%$32K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.4185+6.701%$205K$40K3xas long as short
SoDEX NEAR-USD+0.0166%1h4.4150+6.617%$8K$52K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4290+6.955%$13.8M$33.0M75xas long as short
Aster NEARUSDT+0.0309%8h4.4150+6.617%$3.0M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0321% / S −0.0190%1h4.4143+6.599%$234K100xas long as short
Backpack NEAR_USDC_PERP+0.0327%1h4.4171+6.667%$1.4M$6.5M20xas long as short
01 Exchange NEARUSD+0.0336%1h4.4221+6.788%$13K$7K10xas long as short
Hyperliquid NEAR+0.0354%1h4.4188+6.709%$364.5M$324.7M10xas long as short
Extended NEAR-USD+0.0408%1h4.4082+6.453%$4.0M$19.7M25xas long as short
Nado NEAR-PERP+0.0544%1h4.4155+6.629%$1.9M$3.1M10xas long as short
Arcus NEAR-USD+0.0581%1h4.4230+6.810%$219K$1.8M10xas long as short
Kraken Futures PF_NEARUSD+0.0588%1h4.4169+6.664%$8.1M$39.6M50xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0634%1h4.4168+6.660%$2.0M$7.3M25xas long as short
Lighter RH NEAR+0.0656%1h4.4216+6.776%$1.5M$7.2M10xas long as short
Phoenix NEAR+0.0794%1h4.4289+6.952%$1.8M$2.8M10xas long as short
RISEx NEAR/USDC+0.0926%1h4.4228+6.806%$592K$1.4M10xas long as short
Lighter NEAR+0.0960%1h4.4231+6.813%$17.8M$26.5M15xas long as short
Aftermath Perps NEARUSD+0.1577%1h4.4192+6.719%$5K$12K10xas long as short