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

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0207%/8h= −22.6% APRnext payment $0.26 per $10,000 · paid last 24h −0.068%
Price spread now: Injective against 01 Exchange−8.597%7-day average · 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 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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Injective is 8.597% cheaper against 01 Exchange than usual: you would sell low and buy high (−$860 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange NEARUSD4.53050.0240pay 0.0030% / 1h45m 49s$13K$4K10x
ShortInjective NEAR/USDC PERP4.14100.0033get 0.0004% / 1h45m 49s$578$301K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against 01 Exchange. 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
−$43.4
Price spread: −8.597% → 0.000%
−$859.73
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$910.15
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample
Sell Injective no order-book sample
01 Exchange and 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NEARUSD−0.0378%1h4.5168−0.302%$7.3M$37.1M50xas long as short
Reya NEARRUSDPERP−0.0171%1h4.5203−0.224%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.5200−0.231%$111K$53K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.5167−0.305%$901K$26.5M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5155−0.331%$169K150xas long as short
Injective NEAR/USDC PERPshort+0.0033%1h4.1410−8.597%$578$301K12x
Popdex NEARUSDT+0.0096%1h4.5290−0.033%$125K$510K50xas long as short
Aster NEARUSDT+0.0100%8h4.5303−0.004%$2.7M$5.0M50xas long as short
Binance NEARUSDT+0.0100%8h4.5328+0.050%$273.6M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5343+0.084%$232.7M$430.0M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.5330+0.055%$64.4M$304.5M50xas long as short
Bulk NEAR-USD+0.0100%1h4.4850−1.004%$276K$24K10xas long as short
Gate NEAR_USDT+0.0100%8h4.5295−0.022%$41.5M$61.9M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5290−0.033%$76.0M$169.3M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5260−0.099%$54.4M$43.9M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5325+0.044%$75.3M$128.0M75xas long as short
BingX NEAR-USDT+0.0100%8h4.5330+0.055%$74.5Mas long as short
Variational Omni NEAR+0.0100%8h4.4723−1.284%$8.7M$15.7Mas long as short
edgeX NEARUSDC+0.0100%4h4.4858−0.986%$266K$865K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.4840−1.026%$1.5M$1.9M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.4840−1.026%$168K$810K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5275−0.066%$192K$4.2M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5211−0.207%$56K$273K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5220−0.188%$2K$1.3M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5190−0.254%$5K$34K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5260−0.099%$467K$3.7M75xas long as short
Phemex NEARUSDT+0.0100%8h4.5190−0.254%$3.4M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.5238−0.147%$33K$38910xas long as short
Extended NEAR-USD+0.0104%1h4.5226−0.175%$3.7M$15.0M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.5184−0.267%$210K$38K3xas long as short
Lighter RH NEAR+0.0160%1h4.5252−0.117%$1.6M$5.7M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0191% / S −0.0033%1h4.5152−0.337%$243K100xas long as short
BloFin NEAR-USDT+0.0220%8h4.5240−0.143%$12.8M$32.7M75xas long as short
01 Exchange NEARUSDlong+0.0240%1h4.5305long leg$13K$4K10x
Arcus NEAR-USD+0.0253%1h4.5310+0.011%$229K$1.4M10xas long as short
Hyperliquid NEAR+0.0269%1h4.5241−0.141%$363.5M$312.8M10xas long as short
Lighter NEAR+0.0272%1h4.5237−0.151%$17.1M$24.7M15xas long as short
Nado NEAR-PERP+0.0423%1h4.5272−0.073%$1.8M$3.1M10xas long as short
RISEx NEAR/USDC+0.0478%1h4.5293−0.027%$648K$1.6M10xas long as short
Coinbase International NEAR-PERP-INTX+0.0544%1h4.5203−0.225%$2.4M$17.8M50xas long as short
Pacifica NEAR+0.0687%1h4.5211−0.207%$425K$1.3M10xas long as short
Phoenix NEAR+0.0733%1h4.5001−0.671%$1.7M$2.6M10xas long as short
Backpack NEAR_USDC_PERP+0.0763%1h4.5263−0.093%$1.1M$7.2M20xas long as short
Aftermath Perps NEARUSD+0.0879%1h4.4988−0.700%$6K$6K10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.0967%1h4.5235−0.155%$1.9M$13.0M25xas long as short