Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.046%
Price spread now: Binance against Injective+1.716%97s7-day average −1.141% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 3 days (all we have)−5.663%−$566 · spread now +1.716%, 7d avg −1.141%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 2.857% dearer against Injective than usual: you sell high and buy low: +$286 more if the spread goes back to its 7-day average of −1.141%. The two prices were read 97 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 | Injective NEAR/USDC PERP | 4.0730 | 0.0033 | pay 0.0004% / 1h | 27m 39s | $569 | $239K | 12x |
| Short | Binance NEARUSDT | 4.1429 | 0.0100 | get 0.0100% / 8h | 2h 27m | $235.9M | $1.09B | 75x |
Injective NEAR/USDC PERP
Binance NEARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14.06
- Price spread: +1.716% → −1.141%
- $285.7
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $289.74
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 16 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 16 min ago | 1.22 bp | 7.0 bp −$7 | 11.2 bp −$112 | 28.9 bp −$2,889 | 103.8 bp −$51.9K |
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 | 4.1404 | +1.654% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0024% | 1h | 4.1456 | +1.782% | $2.1M | $12.7M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.1397 | +1.638% | $104K | $54K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.1486 | +1.856% | $413K | $19.1M | 2.2x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | 0.0000% | 1h | 4.1423 | +1.701% | $1.8M | $2.1M | 25x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.1423 | +1.701% | $205K | — | 150x | as long as short |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.0730 | long leg | $569 | $239K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.1460 | +1.792% | $109K | $491K | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.1417 | +1.687% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.1420 | +1.694% | $2.9M | $5.9M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
Deribit NEAR_USDC-PERPETUAL
gTrade (Gains Network) NEAR/USD
Popdex NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.1431 | +1.720% | $366K | $1.2M | 10x | as long as short |
| Binance NEARUSDTshort | +0.0100% | 8h | 4.1429 | +1.716% | $235.9M | $1.09B | 75x | |
| Bybit NEARUSDT | +0.0100% | 8h | 4.1407 | +1.662% | $210.8M | $429.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.1410 | +1.670% | $56.6M | $277.0M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.1550 | +2.013% | $237K | $6K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.1416 | +1.684% | $29.5M | $58.1M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.1410 | +1.670% | $81.2M | $143.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.1440 | +1.743% | $56.0M | $45.2M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.1392 | +1.625% | $68.9M | $127.6M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.1390 | +1.620% | — | $136.5M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.1573 | +2.070% | $7.7M | $18.4M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.1554 | +2.022% | $236K | $1.3M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.1538 | +1.983% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.1610 | +2.161% | $183K | $790K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.1464 | +1.802% | $201K | $3.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.1398 | +1.640% | $53K | $159K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.1520 | +1.940% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.1390 | +1.620% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.1390 | +1.620% | $3.8M | $8.4M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.1386 | +1.612% | $3.7M | $14.6M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.1387 | +1.614% | $201K | $65K | 3x | as long as short |
| Arcus NEAR-USD | +0.0118% | 1h | 4.1490 | +1.866% | $307K | $1.6M | 10x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0150% | 1h | 4.1404 | +1.654% | $7.0M | $36.7M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.1540 | +1.989% | $12.3M | $33.9M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0224% | 1h | 4.1478 | +1.836% | $12K | $7K | 10x | as long as short |
| Lighter RH NEAR | +0.0336% | 1h | 4.1479 | +1.839% | $1.4M | $7.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0338% | 1h | 4.1405 | +1.658% | $1.8M | $3.6M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0373% / S −0.0317% | 1h | 4.1419 | +1.691% | $273K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.1478 | +1.838% | $414K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0582% | 1h | 4.1501 | +1.893% | $1.7M | $2.8M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0789% | 1h | 4.1434 | +1.728% | $1.4M | $5.7M | 20x | as long as short |
| Lighter NEAR | +0.0832% | 1h | 4.1489 | +1.863% | $15.4M | $22.7M | 15x | as long as short |
| Aftermath Perps NEARUSD | +0.0990% | 1h | 4.1464 | +1.802% | $5K | $11K | 10x | as long as short |
| Hyperliquid NEAR | +0.1045% | 1h | 4.1460 | +1.792% | $348.7M | $301.8M | 10x | as long as short |
| HTX NEAR-USDT | +0.1115% | 8h | 4.1620 | +2.185% | $447K | $3.8M | 75x | as long as short |
Pacifica NEAR
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Arcus NEAR-USD
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
01 Exchange NEARUSD
Lighter RH NEAR
Nado NEAR-PERP
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Phoenix NEAR
Backpack NEAR_USDC_PERP
Lighter NEAR
Aftermath Perps NEARUSD
Hyperliquid NEAR
HTX NEAR-USDT