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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.046%
Price spread now: Bulk against Injective+3.840%7-day average −1.071% · 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 3 days (all we have)−0.014%−$1 on $10k
Price spread, last 3 days (all we have)−6.316%−$632 · spread now +3.840%, 7d avg −1.071%
Together, before fees−6.329%−$633 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bulk is 4.911% dearer against Injective than usual: you sell high and buy low: +$491 more if the spread goes back to its 7-day average of −1.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h45m 04s$578$302K12x
ShortBulk NEAR-USD4.30000.0100get 0.0013% / 1h45m 04s$245K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: +3.840% → −1.071%
$491.09
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$498.07
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Bulk: live order book, 34 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 Bulk live order book, 34 min ago11.83 bp38.0 bp −$3838.9 bp −$38939.0 bp −$3,89954.1 bp −$27.0K
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%1h4.2681+3.070%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0072%1h4.2743+3.219%$2.2M$13.0M50xas long as short
dYdX NEAR-USD0.0000%1h4.2746+3.227%$111K$59K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.2746+3.226%$395K$18.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.2693+3.098%$203K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$302K12x
Popdex NEARUSDT+0.0096%1h4.2710+3.139%$108K$498K50xas long as short
Bybit NEARUSDT+0.0096%8h4.2655+3.007%$219.1M$421.4M75xas long as short
Variational Omni NEAR+0.0098%8h4.2670+3.042%$7.8M$18.0Mas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.2753+3.242%$31K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.2727+3.180%$3.0M$5.6M50xas long as short
Pacifica NEAR+0.0100%1h4.2749+3.233%$402K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.2690+3.091%$252.8M$1.07B75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2670+3.043%$60.9M$284.8M50xas long as short
Arcus NEAR-USD+0.0100%1h4.2750+3.236%$202K$1.8M10xas long as short
Bulk NEAR-USDshort+0.0100%1h4.3000+3.840%$245K$2K10x
Gate NEAR_USDT+0.0100%8h4.2682+3.072%$30.1M$58.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.2700+3.115%$78.4M$140.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2730+3.188%$56.0M$43.5M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2678+3.062%$70.9M$126.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2670+3.043%$138.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.2986+3.807%$245K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2963+3.751%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.2710+3.139%$178K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2738+3.207%$209K$3.4M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2708+3.135%$57K$194K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2730+3.188%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.2681+3.069%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.2700+3.115%$3.9M$8.2M50xas long as short
Extended NEAR-USD+0.0104%1h4.2681+3.069%$4.0M$15.9M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.2705+3.127%$206K$62K3xas long as short
Kraken Futures PF_NEARUSD+0.0119%1h4.2703+3.122%$7.4M$36.9M50xas long as short
01 Exchange NEARUSD+0.0200%1h4.2729+3.185%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.2710+3.139%$13.0M$30.6M75xas long as short
Lighter RH NEAR+0.0368%1h4.2753+3.243%$1.5M$7.0M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0374% / S −0.0314%1h4.2693+3.098%$274K100xas long as short
RISEx NEAR/USDC+0.0404%1h4.2743+3.219%$412K$1.2M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0429%1h4.2738+3.207%$1.9M$2.3M25xas long as short
Backpack NEAR_USDC_PERP+0.0439%1h4.2727+3.180%$1.3M$5.5M20xas long as short
Phoenix NEAR+0.0463%1h4.2919+3.644%$1.8M$2.7M10xas long as short
Nado NEAR-PERP+0.0808%1h4.2685+3.080%$1.9M$3.4M10xas long as short
HTX NEAR-USDT+0.0874%8h4.2790+3.333%$457K$3.7M75xas long as short
Hyperliquid NEAR+0.1128%1h4.2763+3.267%$368.6M$298.2M10xas long as short
Aftermath Perps NEARUSD+0.1181%1h4.2914+3.631%$5K$11K10xas long as short
Lighter NEAR+0.1856%1h4.2807+3.373%$16.5M$23.7M15xas long as short