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

NEAR

all NEAR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0020%/8hpaid last 24h −0.046%
Price spread now: Orderly against Injective+1.698%58s7-day average −1.187% · 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−0.069%−$7 on $10k
Price spread, last 3 days (all we have)−3.549%−$355 · spread now +1.698%, 7d avg −1.187%
Together, before fees−3.617%−$362 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 2.884% dearer against Injective than usual: you sell high and buy low (spread +1.698% now, against its 7-day average of −1.187%): +$288 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 months. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.10000.0120pay 0.0015% / 1h4m 06s$572$150K12x
ShortOrderly PERP_NEAR_USDC4.16960.0100get 0.0100% / 8h4h 04m$52K$163K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$4.17
Price spread: +1.698% → −1.187%
$288.42
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Orderly: 3 bp × 2 orders
−$6
Net
$278.24
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample
Injective and Orderly: 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%1h4.1689+1.680%$2K20xas long as short
Extended NEAR-USD−0.0096%1h4.1703+1.714%$3.6M$14.3M25xas long as short
dYdX NEAR-USD0.0000%1h4.1690+1.683%$105K$54K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.1678+1.654%$405K$20.0M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1709+1.730%$203K150xas long as short
Coinbase International NEAR-PERP-INTX+0.0032%1h4.1684+1.668%$2.1M$12.8M50xas long as short
Popdex NEARUSDT+0.0096%1h4.1650+1.585%$107K$490K50xas long as short
Aster NEARUSDT+0.0100%8h4.1708+1.726%$2.8M$5.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.1690+1.683%$240.8M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1683+1.666%$210.5M$427.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.1700+1.707%$57.8M$287.5M50xas long as short
Arcus NEAR-USD+0.0100%1h4.1710+1.732%$309K$1.6M10xas long as short
Bulk NEAR-USD+0.0100%1h4.1299+0.728%$236K$4K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1715+1.744%$29.6M$57.0M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1730+1.780%$85.9M$147.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1740+1.805%$57.1M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1670+1.634%$70.1M$128.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.1700+1.707%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.1555+1.353%$7.6M$18.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.1485+1.183%$258K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1552+1.346%$1.4M$1.2M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1550+1.341%$114K$756K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1715+1.744%$225K$3.0M10xas long as short
Orderly PERP_NEAR_USDCshort+0.0100%8h4.1696+1.698%$52K$163K20x
SunX NEAR-USDT+0.0100%8h4.1760+1.854%$1K$1.5M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1695+1.695%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1710+1.732%$3.8M$8.4M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1696+1.696%$30K$2K10xas long as short
Aevo NEAR-PERP+0.0104%1h4.1701+1.710%$202K$66K3xas long as short
Injective NEAR/USDC PERPlong+0.0120%1h4.1000long leg$572$150K12x
Deribit NEAR_USDC-PERPETUAL+0.0134%1h4.1734+1.790%$1.9M$2.0M25xas long as short
01 Exchange NEARUSD+0.0192%1h4.1709+1.729%$12K$8K10xas long as short
Lighter RH NEAR+0.0208%1h4.1774+1.888%$1.5M$7.4M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1660+1.610%$12.7M$33.2M75xas long as short
Kraken Futures PF_NEARUSD+0.0240%1h4.1747+1.822%$7.5M$33.9M50xas long as short
Pacifica NEAR+0.0319%1h4.1704+1.716%$439K$1.1M10xas long as short
Nado NEAR-PERP+0.0341%1h4.1669+1.631%$1.8M$3.9M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0374% / S −0.0315%1h4.1699+1.705%$274K100xas long as short
RISEx NEAR/USDC+0.0378%1h4.1693+1.690%$396K$1.2M10xas long as short
Lighter NEAR+0.0496%1h4.1787+1.921%$15.5M$22.8M15xas long as short
Phoenix NEAR+0.0618%1h4.1654+1.595%$1.7M$2.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0838%1h4.1763+1.861%$1.5M$4.8M20xas long as short
Aftermath Perps NEARUSD+0.1005%1h4.1592+1.443%$5K$11K10xas long as short
Hyperliquid NEAR+0.1009%1h4.1819+1.998%$357.0M$305.9M10xas long as short
HTX NEAR-USDT+0.1277%8h4.1840+2.049%$450K$4.0M75xas long as short