Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.046%
Price spread now: BingX against Injective+3.067%102s7-day average −1.086% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 3 days (all we have)−5.448%−$545 · spread now +3.067%, 7d avg −1.086%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 4.153% dearer against Injective than usual: you sell high and buy low: +$415 more if the spread goes back to its 7-day average of −1.086%. Mind the row above: over the last 7 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour. The two prices were read 102 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 | 4.1410 | 0.0033 | pay 0.0004% / 1h | 1m 26s | $578 | $302K | 12x |
| Short | BingX NEAR-USDT | 4.2680 | 0.0100 | get 0.0100% / 8h | 1m 26s | — | $140.3M | — |
Injective NEAR/USDC PERP
BingX NEAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- Price spread: +3.067% → −1.086%
- $415.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $419.32
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 13 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 BingX live order book, 13 min ago | 1.17 bp | 6.2 bp −$6 | 11.2 bp −$112 | 23.0 bp −$2,305 | 48.6 bp −$24.3K |
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 | 4.2671 | +3.046% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2786 | +3.323% | $2.2M | $13.2M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2701 | +3.118% | $111K | $62K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2746 | +3.226% | $391K | $18.8M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2744 | +3.222% | $203K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0032% | 8h | 4.2749 | +3.234% | $7.8M | $18.5M | — | as long as short |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $302K | 12x | |
| Bybit NEARUSDT | +0.0037% | 8h | 4.2680 | +3.067% | $217.2M | $421.8M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0056% | 1h | 4.2700 | +3.115% | $13K | $7K | 10x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2690 | +3.091% | $110K | $495K | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Bybit NEARUSDT
01 Exchange NEARUSD
Popdex NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.2754 | +3.246% | $57K | $194K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2694 | +3.102% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2730 | +3.187% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2711 | +3.141% | $400K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2700 | +3.115% | $253.0M | $1.08B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2680 | +3.067% | $60.6M | $285.6M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2700 | +3.115% | $196K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2757 | +3.253% | $244K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2686 | +3.081% | $30.8M | $60.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2700 | +3.115% | $79.0M | $142.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2710 | +3.139% | $55.7M | $43.4M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2677 | +3.060% | $70.7M | $126.0M | 75x | as long as short |
| BingX NEAR-USDTshort | +0.0100% | 8h | 4.2680 | +3.067% | — | $140.3M | — | |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2825 | +3.417% | $244K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2826 | +3.419% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2800 | +3.357% | $179K | $792K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2702 | +3.120% | $194K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2800 | +3.357% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2745 | +3.224% | $4K | $54K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2750 | +3.236% | $3.8M | $8.5M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2667 | +3.035% | $3.8M | $16.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2741 | +3.214% | $202K | $66K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2769 | +3.281% | $7.6M | $37.4M | 50x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2780 | +3.308% | $13.0M | $29.3M | 75x | as long as short |
| Lighter RH NEAR | +0.0336% | 1h | 4.2761 | +3.262% | $1.6M | $7.1M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0316% | 1h | 4.2751 | +3.238% | $275K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2715 | +3.152% | $418K | $1.2M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0405% | 1h | 4.2786 | +3.323% | $1.9M | $2.8M | 25x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0449% | 1h | 4.2774 | +3.294% | $1.4M | $5.6M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2828 | +3.424% | $1.8M | $2.7M | 10x | as long as short |
| Hyperliquid NEAR | +0.0580% | 1h | 4.2745 | +3.224% | $364.2M | $301.3M | 10x | as long as short |
| Nado NEAR-PERP | +0.0656% | 1h | 4.2688 | +3.086% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0739% | 8h | 4.2820 | +3.405% | $457K | $3.7M | 75x | as long as short |
| Aftermath Perps NEARUSD | +0.1179% | 1h | 4.2783 | +3.316% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1784% | 1h | 4.2830 | +3.429% | $16.9M | $24.7M | 15x | as long as short |
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
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Deribit NEAR_USDC-PERPETUAL
Backpack NEAR_USDC_PERP
Phoenix NEAR
Hyperliquid NEAR
Nado NEAR-PERP
HTX NEAR-USDT
Aftermath Perps NEARUSD
Lighter NEAR