Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.066%
Price spread now: Injective against GRVT−2.966%7-day average +0.414% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 3 days (all we have)+5.121%+$512 · spread now −2.966%, 7d avg +0.414%
=Together, before fees+5.148%+ Points / potential airdropGRVT: Active · farm board+$515 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 3.381% cheaper against GRVT than usual: you would sell low and buy high (−$338 if the spread goes back to its 7-day average of +0.414%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NEAR_USDT_Perp | 4.2676 | 0.0100 | pay 0.0100% / 8h | 7h 57m | $1.4M | $1.3M | 10x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 57m 59s | $578 | $302K | 12x |
GRVT NEAR_USDT_Perp
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against GRVT. 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
- −$14
- Price spread: −2.966% → +0.414%
- −$338.06
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$361.08
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 5 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 GRVT live order book, 5 min ago | 2.34 bp | 15.6 bp −$16 | 36.4 bp −$364 | 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 | 4.2798 | +0.287% | $2K | — | 20x | as long as short |
| Bybit NEARUSDT | −0.0170% | 8h | 4.2740 | +0.150% | $217.5M | $421.6M | 75x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.2882 | +0.482% | $7.6M | $37.4M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2744 | +0.160% | $2.2M | $13.2M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0056% | 1h | 4.2833 | +0.368% | $13K | $7K | 10x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2743 | +0.157% | $111K | $62K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2688 | +0.028% | $385K | $18.8M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2873 | +0.461% | $203K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0024% | 8h | 4.2669 | −0.016% | $7.8M | $18.5M | — | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −2.966% | $578 | $302K | 12x |
Reya NEARRUSDPERP
Bybit NEARUSDT
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
01 Exchange NEARUSD
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEARShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex NEARUSDT | +0.0096% | 1h | 4.2810 | +0.314% | $110K | $495K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.2881 | +0.481% | $57K | $194K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2628 | −0.111% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2791 | +0.271% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2700 | +0.058% | $400K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2773 | +0.229% | $253.7M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2740 | +0.150% | $60.6M | $286.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2820 | +0.338% | $196K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2646 | −0.070% | $243K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2762 | +0.202% | $30.9M | $58.4M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2760 | +0.197% | $79.4M | $137.8M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2770 | +0.220% | $55.8M | $43.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2736 | +0.141% | $70.9M | $126.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2750 | +0.174% | — | $140.5M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2687 | +0.026% | $243K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perplong | +0.0100% | 8h | 4.2676 | long leg | $1.4M | $1.3M | 10x | |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2710 | +0.080% | $178K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2831 | +0.363% | $194K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2920 | +0.572% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2860 | +0.431% | $4K | $54K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2840 | +0.385% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2729 | +0.125% | $3.8M | $16.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2875 | +0.465% | $202K | $23K | 3x | as long as short |
| HTX NEAR-USDT | +0.0112% | 8h | 4.2940 | +0.619% | $457K | $3.7M | 75x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2590 | −0.201% | $13.0M | $29.2M | 75x | as long as short |
| Hyperliquid NEAR | +0.0353% | 1h | 4.2811 | +0.317% | $364.8M | $301.4M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0377% / S −0.0316% | 1h | 4.2856 | +0.421% | $276K | — | 100x | as long as short |
| Lighter RH NEAR | +0.0416% | 1h | 4.2843 | +0.392% | $1.6M | $6.8M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0416% | 1h | 4.2835 | +0.373% | $1.4M | $5.6M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2854 | +0.417% | $419K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2828 | +0.356% | $1.8M | $2.6M | 10x | as long as short |
| Nado NEAR-PERP | +0.0532% | 1h | 4.2769 | +0.219% | $1.9M | $3.4M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0636% | 1h | 4.2920 | +0.572% | $1.9M | $2.9M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1175% | 1h | 4.2784 | +0.252% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1824% | 1h | 4.2909 | +0.546% | $16.9M | $23.4M | 15x | as long as short |
Popdex NEARUSDT
Orderly PERP_NEAR_USDC
Paradex NEAR-USD-PERP
Aster NEARUSDT
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
HTX NEAR-USDT
BloFin NEAR-USDT
Hyperliquid NEAR
GMX NEAR/USD [ETH-USDC]
Lighter RH NEAR
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Phoenix NEAR
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD
Lighter NEAR