Funding you earn now, next payment 06:00 UTC−0.0078%/8h= −8.5% APRpaid last 24h −0.023%
Price spread now: Injective against Binance−4.888%57s7-day average +0.628% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)+7.275%+$727 · spread now −4.888%, 7d avg +0.628%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 5.516% cheaper against Binance than usual: you would sell low and buy high (−$552 if the spread goes back to its 7-day average of +0.628%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NEARUSDT | 4.3538 | 0.0111 | pay 0.0111% / 8h | 2h 16m | $265.1M | $1.09B | 75x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 16m 18s | $578 | $301K | 12x |
Binance NEARUSDT
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$16.34
- Price spread: −4.888% → +0.628%
- −$551.63
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$577.99
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 13 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 Binance live order book, 13 min ago | 1.16 bp | 7.5 bp −$8 | 13.1 bp −$131 | 35.4 bp −$3,542 | 108.4 bp −$54.2K |
| 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 | −0.138% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3389 | −0.343% | $107K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0007% | 1h | 4.3490 | −0.112% | $170K | — | 150x | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −4.888% | $578 | $301K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3450 | −0.203% | $114K | $497K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3495 | −0.100% | $217.7M | $420.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3520 | −0.042% | $61.2M | $288.9M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3050 | −1.122% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3490 | −0.111% | $33.0M | $60.3M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3530 | −0.019% | $52.6M | $46.1M | 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 | 4.3515 | −0.054% | $71.9M | $127.0M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3197 | −0.783% | $8.4M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3265 | −0.628% | $261K | $956K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3442 | −0.221% | $1.4M | $1.5M | 10x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3487 | −0.118% | $268K | $3.9M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3546 | +0.018% | $57K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3600 | +0.142% | $1K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3640 | +0.233% | $470K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3530 | −0.019% | $3.6M | $8.3M | 50x | as long as short |
| BingX NEAR-USDC | +0.0101% | 8h | 4.3530 | −0.019% | — | $6.7M | — | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3390 | −0.340% | $31K | $608 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0109% | 8h | 4.3490 | −0.111% | $78.8M | $145.1M | 200x | as long as short |
| Binance NEARUSDTlong | +0.0111% | 8h | 4.3538 | long leg | $265.1M | $1.09B | 75x | |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3540 | +0.003% | $202K | $37K | 3x | as long as short |
| BloFin NEAR-USDT | +0.0229% | 8h | 4.3250 | −0.662% | $13.2M | $31.7M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3549 | +0.024% | $2.3M | $16.3M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0312% / S −0.0201% | 1h | 4.3474 | −0.148% | $233K | — | 100x | as long as short |
| Kalshi KXNEARPERP | +0.0316% | 8h | 4.3325 | −0.490% | $988K | $24.7M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0334% | 8h | 4.3500 | −0.087% | $2.8M | $5.3M | 50x | as long as short |
| ApeX Omni NEARUSDT | +0.0367% | 1h | 4.3490 | −0.111% | $167K | $795K | 50x | as long as short |
| Nado NEAR-PERP | +0.0394% | 1h | 4.3405 | −0.306% | $1.7M | $3.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0504% | 1h | 4.3490 | −0.110% | $3.7M | $19.5M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0559% | 1h | 4.3515 | −0.054% | $5K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0664% | 1h | 4.3488 | −0.115% | $356.4M | $310.4M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0680% | 1h | 4.3248 | −0.667% | $1.3M | $6.6M | 20x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0727% | 1h | 4.3503 | −0.080% | $7.3M | $39.1M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0736% | 1h | 4.3490 | −0.111% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3460 | −0.180% | $225K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.3421 | −0.271% | $398K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.0928% | 1h | 4.3572 | +0.077% | $17.1M | $25.2M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3541 | +0.006% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1112% | 1h | 4.3453 | −0.196% | $1.4M | $7.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1153% | 1h | 4.3547 | +0.020% | $2.0M | $11.7M | 25x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3460 | −0.179% | $689K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1301% | 1h | 4.3254 | −0.654% | $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
BingX NEAR-USDC
Paradex NEAR-USD-PERP
MEXC NEAR_USDT
Aevo NEAR-PERP
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Kalshi KXNEARPERP
Aster NEARUSDT
ApeX Omni 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
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
Deribit NEAR_USDC-PERPETUAL
RISEx NEAR/USDC
Aftermath Perps NEARUSD