NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.046%

Price spread now: Injective against Bulk−3.151%7-day average +1.071% · you buy dearer than you sell

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

Long on Bulk Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.014%+$1 on $10k

Price spread, last 3 days (all we have)+5.627%+$563 · spread now −3.151%, 7d avg +1.071%

Together, before fees+5.640%+$564 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.222% cheaper against Bulk than usual: you would sell low and buy high (−$422 if the spread goes back to its 7-day average of +1.071%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk NEAR-USD	4.2757	0.0100	pay 0.0013% / 1h	0m 16s	$244K	$2K	10x
Short	Injective NEAR/USDC PERP	4.1410	0.0033	get 0.0004% / 1h	0m 16s	$578	$302K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Bulk. 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 BulkbpFee InjectivebpOrdersPrice spread, now −3.151%Rate

Funding earned: −$14
Price spread: −3.151% → +1.071%: −$422.22
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$443.24
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Bulk: live order book, 14 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 Bulk live order book, 14 min ago	11.72 bp	15.2 bp −$15	15.2 bp −$152	34.3 bp −$3,434	65.7 bp −$32.9K
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	4.2644	−0.265%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0072%	1h	4.2631	−0.295%	$2.2M	$13.1M	50x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.2688	−0.163%	$111K	$62K	10x	as long as short
Kalshi KXNEARPERP	0.0000%	8h	4.2646	−0.260%	$380K	$18.8M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.2672	−0.199%	$202K	—	150x	as long as short
Variational Omni NEAR	+0.0024%	8h	4.2669	−0.206%	$7.8M	$18.5M	—	as long as short
Injective NEAR/USDC PERPshort	+0.0033%	1h	4.1410	−3.151%	$578	$302K	12x
Bybit NEARUSDT	+0.0036%	8h	4.2646	−0.260%	$217.0M	$421.7M	75x	as long as short
01 Exchange NEARUSD	+0.0056%	1h	4.2631	−0.295%	$13K	$7K	10x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.2630	−0.298%	$110K	$496K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.2667	−0.211%	$57K	$194K	20x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.2647	−0.259%	$31K	$647	10x	as long as short
Aster NEARUSDT	+0.0100%	8h	4.2683	−0.173%	$3.0M	$5.7M	50x	as long as short
Pacifica NEAR	+0.0100%	1h	4.2675	−0.193%	$400K	$1.2M	10x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.2670	−0.204%	$252.9M	$1.08B	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.2650	−0.251%	$60.6M	$285.4M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.2660	−0.227%	$195K	$1.8M	10x	as long as short
Bulk NEAR-USDlong	+0.0100%	1h	4.2757	long leg	$244K	$2K	10x
Gate NEAR_USDT	+0.0100%	8h	4.2645	−0.263%	$30.8M	$60.8M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.2680	−0.181%	$79.0M	$142.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.2650	−0.251%	$55.7M	$43.4M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.2633	−0.291%	$70.7M	$126.1M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.2660	−0.227%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.2825	+0.159%	$244K	$1.2M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.2826	+0.160%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.2800	+0.100%	$179K	$792K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.2668	−0.209%	$194K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.2710	−0.111%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.2641	−0.272%	$4K	$54K	10x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.2670	−0.204%	$3.8M	$8.5M	50x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.2632	−0.294%	$3.9M	$16.4M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.2658	−0.233%	$201K	$66K	3x	as long as short
Kraken Futures PF_NEARUSD	+0.0119%	1h	4.2669	−0.205%	$7.5M	$37.4M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0148%	1h	4.2688	−0.162%	$1.9M	$2.8M	25x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.2670	−0.204%	$12.9M	$29.2M	75x	as long as short
Lighter RH NEAR	+0.0336%	1h	4.2734	−0.054%	$1.6M	$7.1M	10x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0376% / S −0.0316%	1h	4.2671	−0.202%	$275K	—	100x	as long as short
RISEx NEAR/USDC	+0.0404%	1h	4.2657	−0.234%	$418K	$1.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0447%	1h	4.2727	−0.071%	$1.4M	$5.6M	20x	as long as short
Phoenix NEAR	+0.0463%	1h	4.2828	+0.165%	$1.8M	$2.7M	10x	as long as short
Hyperliquid NEAR	+0.0571%	1h	4.2712	−0.106%	$363.9M	$301.3M	10x	as long as short
Nado NEAR-PERP	+0.0658%	1h	4.2606	−0.353%	$1.9M	$3.4M	10x	as long as short
HTX NEAR-USDT	+0.0732%	8h	4.2770	+0.030%	$456K	$3.7M	75x	as long as short
Aftermath Perps NEARUSD	+0.1158%	1h	4.2764	+0.016%	$5K	$12K	10x	as long as short
Lighter NEAR	+0.1792%	1h	4.2801	+0.103%	$16.9M	$24.7M	15x	as long as short