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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.148%
Price spread now: Injective against HTX−7.505%65s7-day average +0.303% · you buy dearer than you sell
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−0.564%−$56 on $10k
Price spread, last 4 days (all we have)+9.319%+$932 · spread now −7.505%, 7d avg +0.303%
Together, before fees+8.756%+$876 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 7.808% cheaper against HTX than usual: you would sell low and buy high (−$781 if the spread goes back to its 7-day average of +0.303%). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NEAR-USDT4.47700.0100pay 0.0100% / 8h1h 46m$467K$3.9M75x
ShortInjective NEAR/USDC PERP4.14100.0033get 0.0004% / 1h46m 07s$578$301K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against HTX. 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: −7.505% → +0.303%
−$780.78
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$806.8
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 3 min ago; Injective: 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 HTX live order book, 3 min ago7.80 bp18.6 bp −$1947.5 bp −$475doesn't fitdoesn't fit
Sell Injective no order-book sample
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%1h4.4678−0.206%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4668−0.228%$110K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4645−0.279%$168K150xas long as short
Injective NEAR/USDC PERPshort+0.0033%1h4.1410−7.505%$578$301K12x
Popdex NEARUSDT+0.0096%1h4.4690−0.179%$110K$496K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4700−0.156%$230.0M$428.4M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.4680−0.201%$63.1M$299.3M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4366−0.902%$253K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4673−0.217%$34.8M$60.0M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4680−0.201%$53.3M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4675−0.212%$73.9M$126.5M75xas long as short
Variational Omni NEAR+0.0100%8h4.4568−0.452%$8.9M$18.4Mas long as short
edgeX NEARUSDC+0.0100%4h4.4914+0.321%$262K$966K20xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4700−0.156%$281K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4700−0.156%$58K$233K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4750−0.045%$2K$1.3M20xas long as short
HTX NEAR-USDTlong+0.0100%8h4.4770long leg$467K$3.9M75x
Phemex NEARUSDT+0.0100%8h4.4660−0.246%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0107%8h4.4685−0.189%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0122%8h4.4641−0.287%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.4720−0.112%$208K$40K3xas long as short
BingX NEAR-USDT+0.0176%8h4.4690−0.179%$143.9Mas long as short
MEXC NEAR_USDT+0.0181%8h4.4710−0.134%$85.7M$145.1M200xas long as short
Binance NEARUSDT+0.0182%8h4.4700−0.157%$271.3M$1.09B75xas long as short
SoDEX NEAR-USD+0.0217%1h4.4705−0.145%$5K$52K10xas long as short
ApeX Omni NEARUSDT+0.0253%1h4.4940+0.380%$169K$805K50xas long as short
Kalshi KXNEARPERP+0.0300%8h4.4687−0.185%$1.1M$24.9M2.2xas long as short
BloFin NEAR-USDT+0.0301%8h4.4780+0.022%$13.5M$33.0M75xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0316% / S −0.0201%1h4.4642−0.286%$239K100xas long as short
Aster NEARUSDT+0.0341%8h4.4670−0.223%$2.9M$5.0M50xas long as short
Extended NEAR-USD+0.0352%1h4.4680−0.201%$3.7M$18.9M25xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.4735−0.078%$2.3M$16.4M50xas long as short
01 Exchange NEARUSD+0.0528%1h4.4685−0.190%$13K$7K10xas long as short
Nado NEAR-PERP+0.0535%1h4.4665−0.235%$1.8M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0590%1h4.4705−0.145%$1.3M$6.5M20xas long as short
Kraken Futures PF_NEARUSD+0.0653%1h4.4667−0.230%$7.4M$38.3M50xas long as short
Hyperliquid NEAR+0.0655%1h4.4716−0.121%$367.8M$308.7M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0848%1h4.4688−0.183%$1.9M$12.3M25xas long as short
Arcus NEAR-USD+0.0880%1h4.4700−0.156%$227K$1.6M10xas long as short
Lighter NEAR+0.0976%1h4.4758−0.027%$17.6M$24.7M15xas long as short
Phoenix NEAR+0.1003%1h4.5001+0.516%$1.9M$2.5M10xas long as short
Lighter RH NEAR+0.1040%1h4.4731−0.087%$1.5M$6.6M10xas long as short
Pacifica NEAR+0.1187%1h4.4684−0.193%$412K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1202%1h4.4665−0.234%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4691−0.176%$678K$1.4M10xas long as short