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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.004%
Price spread now: Bulk against Injective+4.444%7-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 +$2 a day on $10k at the current rate, and Bulk is 4.444% dearer against Injective than usual: you sell high and buy low: +$444 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h20m 35s$578$301K12x
ShortBulk NEAR-USD4.32500.0100get 0.0013% / 1h20m 35s$246K−$010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: +4.444% → 0.000%
$444.39
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$451.37
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Bulk: live order book, 33 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 Bulk live order book, 33 min ago11.45 bp15.0 bp −$1515.0 bp −$15032.8 bp −$3,27963.3 bp −$31.7K
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%1h4.3351+4.688%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.3462+4.956%$107K$69K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.3330+4.637%$162K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Coinbase International NEAR-PERP-INTX+0.0056%1h4.3431+4.880%$2.3M$15.9M50xas long as short
Popdex NEARUSDT+0.0096%1h4.3560+5.192%$110K$503K50xas long as short
Binance NEARUSDT+0.0100%8h4.3586+5.256%$266.6M$1.09B75xas long as short
Bybit NEARUSDT+0.0100%8h4.3501+5.050%$215.3M$428.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.3510+5.071%$61.5M$290.6M50xas long as short
Bulk NEAR-USDshort+0.0100%1h4.3250+4.444%$246K−$010x
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NEAR_USDT+0.0100%8h4.3503+5.054%$32.1M$61.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.3510+5.071%$73.8M$145.9M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.3500+5.047%$53.9M$46.0M75xas long as short
Bitget NEARUSDT+0.0100%8h4.3518+5.091%$71.8M$127.9M75xas long as short
BingX NEAR-USDT+0.0100%8h4.3520+5.095%$145.9Mas long as short
Variational Omni NEAR+0.0100%8h4.3327+4.630%$8.2M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.3292+4.544%$253K$948K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.3500+5.047%$1.4M$1.5M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.3280+4.516%$166K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.3406+4.820%$276K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.3365+4.721%$57K$246K20xas long as short
SunX NEAR-USDT+0.0100%8h4.3440+4.902%$2K$1.4M20xas long as short
HTX NEAR-USDT+0.0100%8h4.3520+5.095%$472K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.3380+4.757%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.3504+5.056%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.3328+4.631%$201K$37K3xas long as short
BloFin NEAR-USDT+0.0220%8h4.3410+4.830%$13.4M$32.2M75xas long as short
Pacifica NEAR+0.0263%1h4.3459+4.948%$408K$1.3M10xas long as short
Kalshi KXNEARPERP+0.0277%8h4.3354+4.695%$873K$23.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0323% / S −0.0198%1h4.3324+4.623%$234K100xas long as short
Aster NEARUSDT+0.0333%8h4.3485+5.011%$2.9M$5.5M50xas long as short
SoDEX NEAR-USD+0.0362%1h4.3335+4.649%$6K$53K10xas long as short
01 Exchange NEARUSD+0.0512%1h4.3541+5.146%$13K$7K10xas long as short
Backpack NEAR_USDC_PERP+0.0574%1h4.3382+4.762%$1.3M$6.8M20xas long as short
Nado NEAR-PERP+0.0584%1h4.3357+4.703%$1.8M$3.1M10xas long as short
Hyperliquid NEAR+0.0596%1h4.3439+4.900%$355.6M$313.9M10xas long as short
Extended NEAR-USD+0.0616%1h4.3504+5.056%$3.8M$20.0M25xas long as short
Arcus NEAR-USD+0.0627%1h4.3540+5.144%$214K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0711%1h4.3338+4.655%$7.6M$39.3M50xas long as short
Lighter RH NEAR+0.0896%1h4.3461+4.953%$1.5M$7.4M10xas long as short
Phoenix NEAR+0.0941%1h4.3290+4.540%$1.8M$2.8M10xas long as short
Lighter NEAR+0.1096%1h4.3495+5.034%$17.5M$25.0M15xas long as short
RISEx NEAR/USDC+0.1162%1h4.3545+5.155%$688K$1.3M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1204%1h4.3390+4.781%$1.9M$9.5M25xas long as short
Aftermath Perps NEARUSD+0.1546%1h4.3401+4.809%$5K$13K10xas long as short