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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0695%/8h= +76.1% APRnext payment +$0.87 per $10,000 · paid last 24h +0.062%
Price spread now: 01 Exchange against Injective+3.366%104s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and 01 Exchange is 3.366% dearer against Injective than usual: you sell high and buy low: +$337 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 104 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% / 1h45m 31s$578$301K12x
Short01 Exchange NEARUSD4.28040.0728get 0.0091% / 1h45m 31s$13K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$145.88
Price spread: +3.366% → 0.000%
$336.63
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$475.49
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
Injective and 01 Exchange: 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%1h4.2688+3.086%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2708+3.134%$105K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2679+3.064%$160K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Popdex NEARUSDT+0.0096%1h4.2740+3.212%$111K$500K50xas long as short
Binance NEARUSDT+0.0100%8h4.2770+3.284%$261.3M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2715+3.151%$212.3M$422.7M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2730+3.188%$60.2M$283.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2835+3.442%$244K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2719+3.161%$31.9M$59.7M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.2760+3.260%$70.1M$142.5M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2770+3.284%$52.8M$45.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2717+3.156%$70.6M$127.4M75xas long as short
BingX NEAR-USDC+0.0100%8h4.2740+3.212%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.2678+3.061%$8.1M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.2781+3.310%$250K$950K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2766+3.275%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2721+3.166%$263K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2731+3.190%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2820+3.405%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.2800+3.357%$458K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2760+3.260%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.2721+3.166%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.2750+3.236%$199K$37K3xas long as short
ApeX Omni NEARUSDT+0.0148%1h4.2790+3.333%$164K$794K50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2760+3.260%$13.2M$31.5M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.2732+3.192%$2.3M$15.7M50xas long as short
Kalshi KXNEARPERP+0.0260%8h4.2748+3.231%$842K$24.4M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0320% / S −0.0195%1h4.2669+3.042%$229K100xas long as short
Nado NEAR-PERP+0.0330%1h4.2685+3.080%$1.7M$3.2M10xas long as short
Aster NEARUSDT+0.0335%8h4.2740+3.212%$2.8M$5.4M50xas long as short
Extended NEAR-USD+0.0528%1h4.2712+3.145%$3.7M$19.9M25xas long as short
SoDEX NEAR-USD+0.0560%1h4.2735+3.200%$6K$53K10xas long as short
Backpack NEAR_USDC_PERP+0.0633%1h4.2786+3.323%$1.3M$6.8M20xas long as short
Hyperliquid NEAR+0.0668%1h4.2766+3.275%$349.4M$311.5M10xas long as short
01 Exchange NEARUSDshort+0.0728%1h4.2804+3.366%$13K$7K10x
Kraken Futures PF_NEARUSD+0.0740%1h4.2727+3.181%$7.5M$38.7M50xas long as short
Arcus NEAR-USD+0.0814%1h4.2790+3.333%$210K$1.6M10xas long as short
Lighter NEAR+0.0832%1h4.2789+3.329%$16.7M$25.0M15xas long as short
Pacifica NEAR+0.0847%1h4.2755+3.247%$391K$1.3M10xas long as short
Lighter RH NEAR+0.1016%1h4.2796+3.347%$1.5M$7.3M10xas long as short
Phoenix NEAR+0.1033%1h4.2961+3.745%$1.8M$2.5M10xas long as short
RISEx NEAR/USDC+0.1220%1h4.2769+3.281%$686K$1.3M10xas long as short
Aftermath Perps NEARUSD+0.1466%1h4.2781+3.310%$5K$12K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.2186%1h4.2790+3.333%$1.9M$11.0M25xas long as short