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

NEAR

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.019%
Price spread now: KuCoin against Injective+8.259%7-day average −0.475% · 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−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−10.293%−$1,029 · spread now +8.259%, 7d avg −0.475%
Together, before fees−10.326%−$1,033 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 8.734% dearer against Injective than usual: you sell high and buy low: +$873 more if the spread goes back to its 7-day average of −0.475%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NEAR/USDC PERP4.14100.0033pay 0.0004% / 1h55m 11s$578$301K12x
ShortKuCoin NEARUSDTM4.48300.0100get 0.0100% / 8h6h 55m$53.3M$45.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +8.259% → −0.475%
$873.41
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$875.39
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago2.21 bp14.7 bp −$1549.3 bp −$493doesn'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
Reya NEARRUSDPERP−0.0171%1h4.4851+8.309%$2K20xas long as short
Kraken Futures PF_NEARUSD−0.0141%1h4.4764+8.100%$7.3M$38.6M50xas long as short
dYdX NEAR-USD0.0000%1h4.4877+8.373%$109K$53K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5437+9.725%$170K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Popdex NEARUSDT+0.0096%1h4.4910+8.452%$119K$519K50xas long as short
Hyperliquid NEAR+0.0100%1h4.4777+8.131%$362.4M$323.9M10xas long as short
Aster NEARUSDT+0.0100%8h4.4833+8.266%$2.6M$4.7M50xas long as short
Binance NEARUSDT+0.0100%8h4.4810+8.211%$272.2M$1.10B75xas long as short
Bybit NEARUSDT+0.0100%8h4.4775+8.126%$232.6M$435.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.4730+8.017%$63.8M$306.7M50xas long as short
Arcus NEAR-USD+0.0100%1h4.4940+8.525%$232K$1.4M10xas long as short
Bulk NEAR-USD+0.0100%1h4.5308+9.413%$261K$3K10xas long as short
Gate NEAR_USDT+0.0100%8h4.4748+8.061%$38.4M$61.3M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.4780+8.138%$79.9M$163.0M200xas long as short
KuCoin NEARUSDTMshort+0.0100%8h4.4830+8.259%$53.3M$45.7M75x
Bitget NEARUSDT+0.0100%8h4.4737+8.034%$73.9M$128.7M75xas long as short
BingX NEAR-USDC+0.0100%8h4.4770+8.114%$6.7Mas long as short
Variational Omni NEAR+0.0100%8h4.5146+9.022%$9.4M$17.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.5342+9.495%$268K$881K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5350+9.515%$1.5M$1.6M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4903+8.435%$279K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.4848+8.302%$58K$269K20xas long as short
SunX NEAR-USDT+0.0100%8h4.4870+8.355%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.4825+8.247%$5K$44K10xas long as short
Phemex NEARUSDT+0.0100%8h4.4850+8.307%$3.4M$8.0M50xas long as short
Extended NEAR-USD+0.0104%1h4.4822+8.239%$3.8M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.4826+8.249%$208K$38K3xas long as short
Paradex NEAR-USD-PERP+0.0109%8h4.4920+8.475%$32K$41310xas long as short
Kalshi KXNEARPERP+0.0123%8h4.4881+8.382%$775K$25.6M2.2xas long as short
HTX NEAR-USDT+0.0129%8h4.4950+8.549%$476K$3.8M75xas long as short
01 Exchange NEARUSD+0.0208%1h4.4866+8.346%$13K$5K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.4900+8.428%$12.8M$33.0M75xas long as short
Lighter NEAR+0.0288%1h4.4850+8.307%$17.6M$23.4M15xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0330%1h4.4819+8.232%$1.9M$13.1M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0341% / S −0.0235%1h4.4856+8.321%$258K100xas long as short
Coinbase International NEAR-PERP-INTX+0.0520%1h4.4846+8.298%$2.3M$17.9M50xas long as short
Lighter RH NEAR+0.0528%1h4.4863+8.339%$1.6M$6.0M10xas long as short
RISEx NEAR/USDC+0.0569%1h4.4858+8.327%$640K$1.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0685%1h4.4796+8.177%$1.1M$7.1M20xas long as short
Phoenix NEAR+0.0740%1h4.5188+9.123%$1.7M$2.5M10xas long as short
Nado NEAR-PERP+0.0746%1h4.4860+8.331%$1.7M$3.2M10xas long as short
Pacifica NEAR+0.0883%1h4.4937+8.518%$424K$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0995%1h4.5320+9.442%$169K$827K50xas long as short
Aftermath Perps NEARUSD+0.1262%1h4.5235+9.237%$6K$7K10xas long as short