Funding you earn now, next payment 06:00 UTC−0.0402%/8h= −44.0% APRnext payment −$0.50 per $10,000 · paid last 24h −0.023%
Price spread now: Injective against ApeX Omni−4.848%7-day average +0.564% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+6.770%+$677 · spread now −4.848%, 7d avg +0.564%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Injective is 5.412% cheaper against ApeX Omni than usual: you would sell low and buy high (−$541 if the spread goes back to its 7-day average of +0.564%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NEARUSDT | 4.3520 | 0.0435 | pay 0.0054% / 1h | 12m 17s | $167K | $795K | 50x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 12m 17s | $578 | $301K | 12x |
ApeX Omni NEARUSDT
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$84.36
- Price spread: −4.848% → +0.564%
- −$541.23
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$635.61
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 37 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 37 min ago | 8.16 bp | 18.0 bp −$18 | 120.5 bp −$1,205 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3478 | −0.096% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3467 | −0.121% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3496 | −0.055% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −4.848% | $578 | $301K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3490 | −0.069% | $115K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3501 | −0.044% | $217.7M | $420.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3500 | −0.046% | $61.5M | $289.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3500 | −0.046% | $248K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3487 | −0.076% | $33.1M | $60.5M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3540 | +0.046% | $52.5M | $46.0M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.3497 | −0.053% | $71.8M | $125.9M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3478 | −0.097% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3566 | +0.106% | $254K | $967K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3591 | +0.164% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3509 | −0.025% | $279K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3535 | +0.034% | $57K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3600 | +0.184% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3610 | +0.207% | $470K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3510 | −0.023% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3457 | −0.145% | $31K | $608 | 10x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3540 | +0.046% | $202K | $37K | 3x | as long as short |
| BingX NEAR-USDT | +0.0116% | 8h | 4.3510 | −0.023% | — | $143.4M | — | as long as short |
| MEXC NEAR_USDT | +0.0119% | 8h | 4.3580 | +0.138% | $82.7M | $145.7M | 200x | as long as short |
| Binance NEARUSDT | +0.0123% | 8h | 4.3551 | +0.070% | $265.0M | $1.09B | 75x | as long as short |
| BloFin NEAR-USDT | +0.0239% | 8h | 4.3520 | 0.000% | $13.3M | $31.9M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3557 | +0.085% | $2.3M | $16.1M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0312% / S −0.0201% | 1h | 4.3496 | −0.055% | $233K | — | 100x | as long as short |
| Kalshi KXNEARPERP | +0.0314% | 8h | 4.3502 | −0.041% | $994K | $24.7M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0336% | 8h | 4.3530 | +0.023% | $2.8M | $5.2M | 50x | as long as short |
| Nado NEAR-PERP | +0.0402% | 1h | 4.3505 | −0.034% | $1.7M | $3.2M | 10x | as long as short |
| ApeX Omni NEARUSDTlong | +0.0435% | 1h | 4.3520 | long leg | $167K | $795K | 50x | |
| Extended NEAR-USD | +0.0496% | 1h | 4.3506 | −0.031% | $3.7M | $19.4M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0531% | 1h | 4.3520 | 0.000% | $5K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0654% | 1h | 4.3533 | +0.030% | $357.5M | $311.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0682% | 1h | 4.3538 | +0.041% | $1.3M | $6.6M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0727% | 1h | 4.3503 | −0.040% | $7.3M | $39.1M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0728% | 1h | 4.3542 | +0.051% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3550 | +0.069% | $225K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.3492 | −0.065% | $398K | $1.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0854% | 1h | 4.3544 | +0.055% | $1.9M | $11.7M | 25x | as long as short |
| Lighter NEAR | +0.0912% | 1h | 4.3581 | +0.139% | $17.1M | $25.2M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3660 | +0.322% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1112% | 1h | 4.3581 | +0.140% | $1.5M | $7.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3529 | +0.020% | $689K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1317% | 1h | 4.3456 | −0.148% | $5K | $12K | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Aevo NEAR-PERP
BingX NEAR-USDT
MEXC NEAR_USDT
Binance NEARUSDT
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Kalshi KXNEARPERP
Aster NEARUSDT
Nado NEAR-PERP
Extended NEAR-USD
SoDEX NEAR-USD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Deribit NEAR_USDC-PERPETUAL
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD