NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.024%

Price spread now: Injective against gTrade (Gains Network)−4.841%55s7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 4.841% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −4.841% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$484 on $10k: about 19 months of funding at the current rate (+$1 a day). The two prices were read 55 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	gTrade (Gains Network) NEAR/USD	4.3517	L +0.0004% / S −0.0006%	pay 0.0001% / 1h	28m 00s	$163K	—	150x
Short	Injective NEAR/USDC PERP	4.1410	0.0033	get 0.0004% / 1h	28m 00s	$578	$301K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee InjectivebpOrdersPrice spread, now −4.841%Rate

Funding earned: $6.11
Price spread: −4.841% → 0.000%: −$484.13
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$488.05
Costs to cover: 0.100%
Break-even: 566.5 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 26 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 gTrade (Gains Network) virtual book (oracle venue), 26 min ago	130.02 bp	135.0 bp −$135	875.9 bp −$8,759	9405.5 bp −$940.5K	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	4.3537	+0.046%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.3581	+0.147%	$107K	$69K	10x	as long as short
gTrade (Gains Network) NEAR/USDlong	L +0.0004% / S −0.0006%	1h	4.3517	long leg	$163K	—	150x
Injective NEAR/USDC PERPshort	+0.0033%	1h	4.1410	−4.841%	$578	$301K	12x
Coinbase International NEAR-PERP-INTX	+0.0056%	1h	4.3653	+0.313%	$2.4M	$15.9M	50x	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3570	+0.122%	$110K	$502K	50x	as long as short
Binance NEARUSDT	+0.0100%	8h	4.3580	+0.145%	$267.2M	$1.10B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3531	+0.033%	$215.7M	$428.0M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3530	+0.030%	$61.8M	$293.0M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3412	−0.241%	$247K	−$0	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NEAR_USDT	+0.0100%	8h	4.3530	+0.030%	$32.2M	$61.2M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3580	+0.145%	$73.3M	$145.3M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3570	+0.122%	$53.9M	$46.1M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3535	+0.042%	$71.5M	$129.0M	75x	as long as short
BingX NEAR-USDT	+0.0100%	8h	4.3560	+0.099%	—	$145.9M	—	as long as short
Variational Omni NEAR	+0.0100%	8h	4.3637	+0.277%	$8.4M	$17.9M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3632	+0.265%	$255K	$951K	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3676	+0.365%	$1.4M	$1.5M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3600	+0.191%	$168K	$798K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3587	+0.161%	$280K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.3546	+0.067%	$58K	$246K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3660	+0.329%	$2K	$1.4M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3690	+0.398%	$474K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3550	+0.076%	$3.7M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3573	+0.130%	$31K	$608	10x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3558	+0.096%	$203K	$37K	3x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3630	+0.260%	$13.6M	$32.4M	75x	as long as short
Pacifica NEAR	+0.0263%	1h	4.3619	+0.234%	$409K	$1.3M	10x	as long as short
Kalshi KXNEARPERP	+0.0283%	8h	4.3581	+0.148%	$783K	$23.3M	2.2x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0326% / S −0.0203%	1h	4.3514	−0.007%	$236K	—	100x	as long as short
Aster NEARUSDT	+0.0331%	8h	4.3590	+0.168%	$2.9M	$5.5M	50x	as long as short
SoDEX NEAR-USD	+0.0382%	1h	4.3519	+0.005%	$8K	$49K	10x	as long as short
01 Exchange NEARUSD	+0.0528%	1h	4.3651	+0.308%	$13K	$7K	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0563%	1h	4.3573	+0.129%	$1.3M	$6.7M	20x	as long as short
Nado NEAR-PERP	+0.0567%	1h	4.3580	+0.145%	$1.8M	$3.2M	10x	as long as short
Arcus NEAR-USD	+0.0627%	1h	4.3640	+0.283%	$214K	$1.6M	10x	as long as short
Hyperliquid NEAR	+0.0641%	1h	4.3585	+0.157%	$357.4M	$317.7M	10x	as long as short
Extended NEAR-USD	+0.0648%	1h	4.3528	+0.026%	$3.8M	$20.0M	25x	as long as short
Kraken Futures PF_NEARUSD	+0.0708%	1h	4.3527	+0.024%	$7.6M	$39.4M	50x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0853%	1h	4.3549	+0.074%	$1.9M	$9.0M	25x	as long as short
Lighter RH NEAR	+0.0904%	1h	4.3595	+0.180%	$1.5M	$7.4M	10x	as long as short
Phoenix NEAR	+0.0941%	1h	4.3543	+0.060%	$1.8M	$2.8M	10x	as long as short
Lighter NEAR	+0.1128%	1h	4.3595	+0.181%	$17.6M	$25.0M	15x	as long as short
RISEx NEAR/USDC	+0.1162%	1h	4.3634	+0.270%	$686K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1549%	1h	4.3533	+0.037%	$5K	$12K	10x	as long as short