NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.194%

Price spread now: Injective against Arcus+0.266%7-day average +1.067% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.303%−$30 on $10k

Price spread, last 3 days (all we have)+3.699%+$370 · spread now +0.266%, 7d avg +1.067%

Together, before fees+3.396%+$340 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 0.801% cheaper against Arcus than usual: you would sell low and buy high (−$80 if the spread goes back to its 7-day average of +1.067%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NEAR-USD	4.1300	0.0118	pay 0.0015% / 1h	22m 57s	$306K	$1.6M	10x
Short	Injective NEAR/USDC PERP	4.1410	0.0033	get 0.0004% / 1h	22m 57s	$578	$302K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee InjectivebpOrdersPrice spread, now +0.266%Rate

Funding earned: −$17.84
Price spread: +0.266% → +1.067%: −$80.09
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$102.45
Costs to cover: 0.045%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 6 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 Arcus live order book, 6 min ago	3.61 bp	5.9 bp −$6	9.6 bp −$96	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	4.1284	−0.038%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0024%	1h	4.1282	−0.044%	$2.1M	$12.6M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.1238	−0.151%	$104K	$54K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.1277	−0.056%	$411K	$19.0M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.1305	+0.012%	$204K	—	150x	as long as short
Injective NEAR/USDC PERPshort	+0.0033%	1h	4.1410	+0.266%	$578	$302K	12x
Popdex NEARUSDT	+0.0096%	1h	4.1300	0.000%	$108K	$489K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.1332	+0.077%	$53K	$159K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.1242	−0.140%	$30K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.1242	−0.140%	$2.9M	$5.9M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica NEAR	+0.0100%	1h	4.1237	−0.153%	$365K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.1210	−0.218%	$234.6M	$1.08B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.1200	−0.242%	$209.6M	$428.4M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.1200	−0.242%	$56.3M	$275.2M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.1550	+0.605%	$237K	$6K	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.1201	−0.240%	$29.3M	$58.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.1210	−0.218%	$80.9M	$144.0M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.1230	−0.169%	$55.7M	$45.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.1187	−0.274%	$68.5M	$127.2M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.1200	−0.242%	—	$136.5M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.1444	+0.348%	$7.7M	$18.5M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.1419	+0.287%	$236K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.1420	+0.291%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.1420	+0.291%	$182K	$790K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.1316	+0.039%	$200K	$3.1M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.1350	+0.121%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.1295	−0.012%	$5K	$46K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.1270	−0.073%	$3.8M	$8.4M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.1188	−0.272%	$3.7M	$14.7M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.1318	+0.044%	$200K	$65K	3x	as long as short
Arcus NEAR-USDlong	+0.0118%	1h	4.1300	long leg	$306K	$1.6M	10x
Kraken Futures PF_NEARUSD	+0.0150%	1h	4.1306	+0.014%	$7.0M	$36.6M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0161%	1h	4.1359	+0.143%	$1.8M	$2.1M	25x	as long as short
01 Exchange NEARUSD	+0.0216%	1h	4.1309	+0.022%	$12K	$7K	10x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.1330	+0.073%	$12.2M	$33.7M	75x	as long as short
Lighter RH NEAR	+0.0296%	1h	4.1334	+0.082%	$1.4M	$7.2M	10x	as long as short
Nado NEAR-PERP	+0.0358%	1h	4.1262	−0.091%	$1.8M	$3.6M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0372% / S −0.0317%	1h	4.1304	+0.009%	$272K	—	100x	as long as short
RISEx NEAR/USDC	+0.0569%	1h	4.1301	+0.004%	$412K	$1.2M	10x	as long as short
Phoenix NEAR	+0.0582%	1h	4.1398	+0.237%	$1.7M	$2.8M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0776%	1h	4.1278	−0.053%	$1.4M	$5.7M	20x	as long as short
Lighter NEAR	+0.0840%	1h	4.1364	+0.154%	$15.4M	$22.8M	15x	as long as short
Hyperliquid NEAR	+0.0986%	1h	4.1335	+0.085%	$346.9M	$299.4M	10x	as long as short
Aftermath Perps NEARUSD	+0.0991%	1h	4.1416	+0.281%	$5K	$11K	10x	as long as short
HTX NEAR-USDT	+0.1104%	8h	4.1320	+0.048%	$444K	$3.7M	75x	as long as short