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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.04 per $10,000 · paid last 24h −0.011%
Price spread now: dYdX against Injective+7.026%7-day average −0.648% · 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−0.211%−$21 on $10k
Price spread, last 4 days (all we have)−9.411%−$941 · spread now +7.026%, 7d avg −0.648%
Together, before fees−9.622%−$962 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 7.674% dearer against Injective than usual: you sell high and buy low (spread +7.026% now, against its 7-day average of −0.648%): +$767 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about years. At the pace of the last 7 days (−0.211% in total) that is about 8 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h52m 22s$578$301K12x
ShortdYdX NEAR-USD4.43190get 0.0000% / 1h52m 22s$109K$68K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$7
Price spread: +7.026% → −0.648%
$767.42
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee dYdX: 5 bp × 2 orders
−$10
Net
$750.4
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; dYdX: live order book, 56 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 dYdX live order book, 56 min ago43.23 bp65.8 bp −$66147.0 bp −$1,470161.2 bp −$16.1K360.4 bp −$180.2K
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%1h4.4378+7.168%$2K20xas long as short
dYdX NEAR-USDshort0.0000%1h4.4319+7.026%$109K$68K10x
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4379+7.170%$167K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Popdex NEARUSDT+0.0096%1h4.4330+7.051%$114K$494K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4400+7.220%$226.8M$424.5M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4370+7.148%$62.4M$295.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4366+7.139%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4305+6.991%$34.4M$59.7M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4420+7.269%$53.5M$45.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4368+7.143%$73.5M$126.1M75xas long as short
Variational Omni NEAR+0.0100%8h4.4407+7.238%$8.9M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4434+7.303%$260K$963K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4418+7.264%$278K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4500+7.462%$58K$236K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4560+7.607%$1K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.4610+7.728%$463K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4470+7.390%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0103%8h4.4330+7.052%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0120%8h4.4450+7.341%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0120%1h4.4507+7.478%$207K$40K3xas long as short
BingX NEAR-USDT+0.0158%8h4.4380+7.172%$143.7Mas long as short
MEXC NEAR_USDT+0.0165%8h4.4420+7.269%$85.8M$143.9M200xas long as short
Binance NEARUSDT+0.0167%8h4.4374+7.158%$268.8M$1.08B75xas long as short
SoDEX NEAR-USD+0.0234%1h4.4485+7.426%$5K$52K10xas long as short
BloFin NEAR-USDT+0.0285%8h4.4500+7.462%$13.5M$32.8M75xas long as short
Kalshi KXNEARPERP+0.0302%8h4.4382+7.177%$1.1M$24.9M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0315% / S −0.0201%1h4.4479+7.412%$238K100xas long as short
Aster NEARUSDT+0.0342%8h4.4355+7.113%$2.8M$4.9M50xas long as short
Extended NEAR-USD+0.0384%1h4.4293+6.962%$3.7M$19.0M25xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4527+7.527%$2.3M$16.4M50xas long as short
ApeX Omni NEARUSDT+0.0440%1h4.4430+7.293%$168K$803K50xas long as short
01 Exchange NEARUSD+0.0496%1h4.4369+7.146%$13K$7K10xas long as short
Nado NEAR-PERP+0.0575%1h4.4380+7.172%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0604%1h4.4472+7.394%$1.3M$6.5M20xas long as short
Kraken Futures PF_NEARUSD+0.0656%1h4.4465+7.377%$7.4M$38.7M50xas long as short
Hyperliquid NEAR+0.0679%1h4.4442+7.322%$365.7M$306.6M10xas long as short
Arcus NEAR-USD+0.0880%1h4.4580+7.655%$226K$1.6M10xas long as short
Lighter NEAR+0.0904%1h4.4417+7.262%$17.4M$24.6M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0987%1h4.4519+7.508%$1.9M$12.2M25xas long as short
Phoenix NEAR+0.1003%1h4.4489+7.435%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1016%1h4.4400+7.220%$1.5M$6.6M10xas long as short
Pacifica NEAR+0.1187%1h4.4364+7.133%$408K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1193%1h4.4376+7.163%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4354+7.110%$678K$1.4M10xas long as short