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 +0.019%
Price spread now: OKX against Injective+8.621%88s7-day average −0.679% · 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−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−10.932%−$1,093 · spread now +8.621%, 7d avg −0.679%
Together, before fees−10.951%−$1,095 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 OKX is 9.300% dearer against Injective than usual: you sell high and buy low: +$930 more if the spread goes back to its 7-day average of −0.679%. The two prices were read 88 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% / 1h41m 49s$578$301K12x
ShortOKX NEAR-USDT-SWAP4.49800.0100get 0.0100% / 8h1h 41m$63.6M$302.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +8.621% → −0.679%
$929.98
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee OKX: 5 bp × 2 orders
−$10
Net
$933.96
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago1.12 bp8.5 bp −$814.1 bp −$14138.7 bp −$3,873doesn'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%1h4.5000+8.670%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.4926+8.492%$111K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.4981+8.624%$169K150xas long as short
Injective NEAR/USDC PERPlong+0.0033%1h4.1410long leg$578$301K12x
Popdex NEARUSDT+0.0096%1h4.4990+8.645%$112K$494K50xas long as short
Bybit NEARUSDT+0.0100%8h4.4997+8.662%$231.6M$429.8M75xas long as short
OKX NEAR-USDT-SWAPshort+0.0100%8h4.4980+8.621%$63.6M$302.2M50x
Bulk NEAR-USD+0.0100%1h4.5008+8.689%$256K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.4900+8.428%$35.1M$60.2M75xas long as short
KuCoin NEARUSDTM+0.0100%8h4.4940+8.525%$53.7M$45.9M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NEARUSDT+0.0100%8h4.4932+8.505%$74.5M$127.2M75xas long as short
Variational Omni NEAR+0.0100%8h4.4687+7.914%$9.0M$18.5Mas long as short
edgeX NEARUSDC+0.0100%4h4.4779+8.136%$262K$967K20xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4740+8.042%$168K$804K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.4999+8.667%$281K$4.0M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5022+8.723%$59K$235K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5070+8.838%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.5100+8.911%$469K$3.9M75xas long as short
Phemex NEARUSDT+0.0100%8h4.4950+8.549%$3.7M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0107%8h4.4960+8.573%$32K$58510xas long as short
GRVT NEAR_USDT_Perp+0.0123%8h4.4756+8.080%$1.5M$1.5M10xas long as short
Aevo NEAR-PERP+0.0128%1h4.5034+8.751%$209K$40K3xas long as short
BingX NEAR-USDC+0.0176%8h4.4980+8.621%$6.7Mas long as short
MEXC NEAR_USDT+0.0184%8h4.4960+8.573%$86.2M$145.6M200xas long as short
Binance NEARUSDT+0.0187%8h4.4971+8.600%$273.8M$1.09B75xas long as short
SoDEX NEAR-USD+0.0205%1h4.4900+8.428%$5K$52K10xas long as short
Kalshi KXNEARPERP+0.0293%8h4.4945+8.537%$1.1M$25.0M2.2xas long as short
BloFin NEAR-USDT+0.0305%8h4.4830+8.259%$13.6M$33.1M75xas long as short
Extended NEAR-USD+0.0320%1h4.4910+8.453%$3.7M$18.8M25xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0336% / S −0.0229%1h4.4991+8.648%$258K100xas long as short
Aster NEARUSDT+0.0338%8h4.4970+8.597%$2.9M$5.0M50xas long as short
Coinbase International NEAR-PERP-INTX+0.0424%1h4.5012+8.698%$2.3M$16.6M50xas long as short
01 Exchange NEARUSD+0.0480%1h4.4985+8.633%$13K$7K10xas long as short
Nado NEAR-PERP+0.0538%1h4.5020+8.718%$1.8M$3.2M10xas long as short
Backpack NEAR_USDC_PERP+0.0582%1h4.4959+8.570%$1.3M$6.5M20xas long as short
Hyperliquid NEAR+0.0592%1h4.4976+8.611%$370.6M$310.9M10xas long as short
Kraken Futures PF_NEARUSD+0.0649%1h4.4960+8.572%$7.5M$38.3M50xas long as short
Arcus NEAR-USD+0.0880%1h4.4980+8.621%$229K$1.6M10xas long as short
Lighter RH NEAR+0.0992%1h4.5037+8.759%$1.5M$6.7M10xas long as short
Phoenix NEAR+0.1003%1h4.4991+8.648%$1.9M$2.5M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1017%1h4.5031+8.744%$2.0M$12.3M25xas long as short
Lighter NEAR+0.1040%1h4.5049+8.789%$17.7M$24.7M15xas long as short
Pacifica NEAR+0.1187%1h4.4955+8.561%$414K$1.4M10xas long as short
Aftermath Perps NEARUSD+0.1225%1h4.4771+8.116%$6K$12K10xas long as short
RISEx NEAR/USDC+0.1259%1h4.4984+8.632%$674K$1.4M10xas long as short