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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.019%
Price spread now: OKX against Injective+5.482%98s7-day average −0.542% · 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−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−7.460%−$746 · spread now +5.482%, 7d avg −0.542%
Together, before fees−7.479%−$748 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 OKX is 6.023% dearer against Injective than usual: you sell high and buy low: +$602 more if the spread goes back to its 7-day average of −0.542%. The two prices were read 98 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% / 1h9m 42s$578$301K12x
ShortOKX NEAR-USDT-SWAP4.36800.0100get 0.0100% / 8h9m 42s$61.3M$295.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +5.482% → −0.542%
$602.33
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee OKX: 5 bp × 2 orders
−$10
Net
$606.31
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago1.14 bp9.6 bp −$1015.0 bp −$15039.6 bp −$3,962doesn'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%1h4.3639+5.384%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3676+5.472%$107K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3660+5.433%$163K150xas long as short
Kraken Futures PF_NEARUSD+0.0017%1h4.3663+5.442%$7.1M$38.2M50xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Popdex NEARUSDT+0.0096%1h4.3610+5.313%$113K$498K50xas long as short
Bybit NEARUSDT+0.0100%8h4.3670+5.458%$220.5M$428.5M75xas long as short
OKX NEAR-USDT-SWAPshort+0.0100%8h4.3680+5.482%$61.3M$295.8M50x
Bulk NEAR-USD+0.0100%1h4.3601+5.290%$248K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.3668+5.453%$35.8M$63.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NEARUSDTM+0.0100%8h4.3710+5.554%$53.0M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3675+5.470%$72.2M$127.8M75xas long as short
Variational Omni NEAR+0.0100%8h4.3490+5.022%$8.9M$18.6Mas long as short
edgeX NEARUSDC+0.0100%4h4.3647+5.401%$253K$902K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3469+4.971%$1.4M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3540+5.144%$166K$816K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3646+5.400%$278K$4.1M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3682+5.487%$58K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3680+5.482%$1K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.3680+5.482%$5K$50K10xas long as short
Phemex NEARUSDT+0.0100%8h4.3680+5.482%$3.6M$8.2M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.3685+5.494%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.3665+5.444%$3.6M$16.6M25xas long as short
Aevo NEAR-PERP+0.0120%1h4.3695+5.518%$203K$38K3xas long as short
Aster NEARUSDT+0.0122%8h4.3708+5.548%$2.7M$4.8M50xas long as short
Hyperliquid NEAR+0.0136%1h4.3709+5.552%$352.3M$314.8M10xas long as short
HTX NEAR-USDT+0.0154%8h4.3690+5.506%$465K$3.8M75xas long as short
Binance NEARUSDT+0.0155%8h4.3708+5.548%$264.7M$1.09B75xas long as short
MEXC NEAR_USDT+0.0156%8h4.3670+5.458%$87.9M$153.7M200xas long as short
BingX NEAR-USDT+0.0165%8h4.3680+5.482%$144.5Mas long as short
Kalshi KXNEARPERP+0.0173%8h4.3586+5.255%$974K$25.1M2.2xas long as short
01 Exchange NEARUSD+0.0232%1h4.3701+5.532%$13K$7K10xas long as short
BloFin NEAR-USDT+0.0279%8h4.3500+5.047%$13.3M$32.1M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0340% / S −0.0239%1h4.3660+5.434%$253K100xas long as short
Nado NEAR-PERP+0.0377%1h4.3665+5.446%$1.7M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0460%1h4.3703+5.537%$1.0M$7.1M20xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.3692+5.511%$2.3M$17.0M50xas long as short
Lighter RH NEAR+0.0488%1h4.3747+5.644%$1.5M$6.7M10xas long as short
Lighter NEAR+0.0552%1h4.3761+5.677%$17.2M$25.4M15xas long as short
Arcus NEAR-USD+0.0638%1h4.3700+5.530%$229K$1.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0826%1h4.3712+5.559%$1.9M$13.1M25xas long as short
Pacifica NEAR+0.0949%1h4.3698+5.526%$412K$1.4M10xas long as short
Phoenix NEAR+0.0949%1h4.3782+5.728%$1.8M$2.4M10xas long as short
RISEx NEAR/USDC+0.0965%1h4.3696+5.521%$607K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1114%1h4.3570+5.216%$5K$7K10xas long as short