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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0696%/8h= +76.2% APRnext payment +$0.87 per $10,000 · paid last 24h +0.095%
Price spread now: Nado against Injective+4.420%49s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Nado is 4.420% dearer against Injective than usual: you sell high and buy low: +$442 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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% / 1h43m 43s$578$301K12x
ShortNado NEAR-PERP4.32400.0729get 0.0091% / 1h43m 43s$1.8M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$146.16
Price spread: +4.420% → 0.000%
$441.98
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$581.13
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Nado: live order book, 5 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 Nado live order book, 5 min ago0.34 bp7.4 bp −$715.5 bp −$155doesn't fitdoesn'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%1h4.3195+4.311%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3308+4.583%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3139+4.176%$162K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3225+4.383%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3250+4.443%$107K$502K50xas long as short
Binance NEARUSDT+0.0100%8h4.3350+4.685%$265.9M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3316+4.603%$216.0M$427.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3350+4.685%$61.3M$291.6M50xas long as short
Bulk NEAR-USD+0.0100%1h4.3771+5.702%$249K−$010xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3270+4.492%$31.7M$60.8M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3360+4.709%$73.7M$144.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3350+4.685%$53.9M$46.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3306+4.579%$71.1M$128.9M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3310+4.588%$146.3Mas long as short
Variational Omni NEAR+0.0100%8h4.3397+4.799%$8.4M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3444+4.911%$254K$950K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3580+5.240%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3430+4.878%$167K$799K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3253+4.451%$260K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3186+4.289%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3240+4.419%$1K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3290+4.540%$459K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3230+4.395%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3306+4.578%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3198+4.318%$201K$37K3xas long as short
Kalshi KXNEARPERP+0.0138%8h4.3184+4.284%$652K$23.1M2.2xas long as short
BloFin NEAR-USDT+0.0220%8h4.3260+4.468%$13.7M$32.1M75xas long as short
Pacifica NEAR+0.0263%1h4.3342+4.665%$412K$1.2M10xas long as short
Aster NEARUSDT+0.0309%8h4.3295+4.553%$2.9M$5.6M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0194%1h4.3140+4.179%$231K100xas long as short
SoDEX NEAR-USD+0.0408%1h4.3165+4.238%$8K$49K10xas long as short
Backpack NEAR_USDC_PERP+0.0485%1h4.3294+4.550%$1.3M$6.5M20xas long as short
01 Exchange NEARUSD+0.0520%1h4.3286+4.530%$13K$7K10xas long as short
Hyperliquid NEAR+0.0603%1h4.3369+4.731%$356.1M$320.1M10xas long as short
Arcus NEAR-USD+0.0627%1h4.3290+4.540%$212K$1.6M10xas long as short
Extended NEAR-USD+0.0664%1h4.3318+4.608%$3.8M$19.8M25xas long as short
Kraken Futures PF_NEARUSD+0.0714%1h4.3160+4.226%$7.6M$39.8M50xas long as short
Nado NEAR-PERPshort+0.0729%1h4.3240+4.420%$1.8M$3.1M10x
Lighter RH NEAR+0.0856%1h4.3387+4.774%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3717+5.571%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1144%1h4.3402+4.811%$17.5M$24.9M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3293+4.547%$625K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1583%1h4.3419+4.852%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1929%1h4.3241+4.422%$2.0M$8.8M25xas long as short