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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0623%/8h= +68.2% APRnext payment +$0.78 per $10,000 · paid last 24h +0.189%
Price spread now: RISEx against Injective+7.756%7-day average −0.457% · 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 4 days (all we have)+0.445%+$44 on $10k
Price spread, last 4 days (all we have)−9.629%−$963 · spread now +7.756%, 7d avg −0.457%
Together, before fees−9.184%−$918 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and RISEx is 8.212% dearer against Injective than usual: you sell high and buy low: +$821 more if the spread goes back to its 7-day average of −0.457%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h20m 20s$578$301K12x
ShortRISEx NEAR/USDC4.46220.0656get 0.0082% / 1h20m 20s$603K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$130.79
Price spread: +7.756% → −0.457%
$821.23
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee RISEx: 3 bp × 2 orders
−$6
Net
$946
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; RISEx: live order book, 3 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 RISEx live order book, 3 min ago2.07 bp5.1 bp −$516.8 bp −$168doesn'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
Kraken Futures PF_NEARUSD−0.0423%1h4.4672+7.877%$7.4M$38.7M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.4589+7.676%$2K20xas long as short
Phemex NEARUSDT−0.0150%8h4.4660+7.848%$3.6M$7.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.4489+7.435%$109K$65K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0009%1h4.4610+7.727%$149K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Popdex NEARUSDT+0.0096%1h4.4520+7.510%$123K$501K50xas long as short
Aster NEARUSDT+0.0100%8h4.4572+7.636%$2.8M$4.6M50xas long as short
Binance NEARUSDT+0.0100%8h4.4647+7.818%$269.1M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4638+7.795%$225.2M$426.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4640+7.800%$62.7M$300.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.4520+7.510%$225K$1.5M10xas long as short
Bulk NEAR-USD+0.0100%1h4.3750+5.651%$252K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4604+7.713%$37.5M$62.5M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4610+7.728%$91.6M$160.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4540+7.559%$53.4M$45.4M75xas long as short
Bitget NEARUSDT+0.0100%8h4.4652+7.829%$73.7M$127.4M75xas long as short
BingX NEAR-USDT+0.0100%8h4.4630+7.776%$83.4Mas long as short
Variational Omni NEAR+0.0100%8h4.4199+6.734%$9.2M$18.1Mas long as short
edgeX NEARUSDC+0.0100%4h4.4218+6.780%$256K$894K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4259+6.879%$1.5M$1.6M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4220+6.786%$166K$825K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4575+7.643%$278K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4666+7.863%$57K$238K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4740+8.042%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4685+7.909%$5K$49K10xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.4490+7.439%$32K$58510xas long as short
Extended NEAR-USD+0.0104%1h4.4644+7.810%$3.7M$15.3M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4670+7.872%$208K$38K3xas long as short
Kalshi KXNEARPERP+0.0137%8h4.4246+6.849%$875K$25.5M2.2xas long as short
Nado NEAR-PERP+0.0213%1h4.4625+7.764%$1.7M$3.2M10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4310+7.003%$12.7M$32.6M75xas long as short
Hyperliquid NEAR+0.0287%1h4.4572+7.636%$362.2M$316.2M10xas long as short
01 Exchange NEARUSD+0.0320%1h4.4541+7.561%$13K$6K10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0357% / S −0.0259%1h4.4572+7.636%$261K100xas long as short
Lighter RH NEAR+0.0440%1h4.4565+7.619%$1.5M$6.5M10xas long as short
Lighter NEAR+0.0480%1h4.4440+7.316%$17.5M$24.0M15xas long as short
Coinbase International NEAR-PERP-INTX+0.0488%1h4.4658+7.844%$2.3M$17.5M50xas long as short
HTX NEAR-USDT+0.0497%8h4.4750+8.066%$473K$3.7M75xas long as short
Backpack NEAR_USDC_PERP+0.0542%1h4.4310+7.003%$1.1M$7.1M20xas long as short
RISEx NEAR/USDCshort+0.0656%1h4.4622+7.756%$603K$1.5M10x
Pacifica NEAR+0.0701%1h4.4485+7.426%$419K$1.4M10xas long as short
Phoenix NEAR+0.0740%1h4.4057+6.392%$1.8M$2.4M10xas long as short
Aftermath Perps NEARUSD+0.1007%1h4.4120+6.544%$6K$7K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.2930%1h4.4792+8.167%$2.0M$13.1M25xas long as short