Funding you earn now, next payment 01:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.04 per $10,000 · paid last 24h −0.075%
Price spread now: gTrade (Gains Network) against Injective+1.938%55s7-day average −1.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.106%−$11 on $10k
+Price spread, last 3 days (all we have)−3.844%−$384 · spread now +1.938%, 7d avg −1.020%
=The price spread pays, funding is against you. gTrade (Gains Network) is 2.958% dearer against Injective than usual: you sell high and buy low (spread +1.938% now, against its 7-day average of −1.020%): +$296 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 months. At the pace of the last 3 days (−0.106% in total) that is about 3 months. 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 | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | pay 0.0004% / 1h | 33m 53s | $578 | $302K | 12x |
| Short | gTrade (Gains Network) NEAR/USD | 4.2212 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 33m 53s | $199K | — | 150x |
Injective NEAR/USDC PERP
gTrade (Gains Network) NEAR/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$6.12
- Price spread: +1.938% → −1.020%
- $295.76
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $279.61
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 40 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 gTrade (Gains Network) virtual book (oracle venue), 40 min ago | 130.01 bp | 137.7 bp −$138 | 1007.8 bp −$10.1K | doesn't fit | doesn't fit |
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 | 4.2209 | +1.930% | $2K | — | 20x | as long as short |
| Bybit NEARUSDT | −0.0167% | 8h | 4.2270 | +2.077% | $214.2M | $418.0M | 75x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0133% | 1h | 4.2227 | +1.974% | $7.1M | $37.5M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.2210 | +1.932% | $2.2M | $12.9M | 50x | as long as short |
| Gate NEAR_USDT | −0.0083% | 8h | 4.2232 | +1.985% | $30.3M | $59.2M | 75x | as long as short |
| 01 Exchange NEARUSD | −0.0032% | 1h | 4.2176 | +1.850% | $12K | $7K | 10x | as long as short |
| Variational Omni NEAR | −0.0004% | 8h | 4.2298 | +2.145% | $7.9M | $18.8M | — | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2093 | +1.650% | $109K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2208 | +1.927% | $418K | $18.6M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USDshort | L +0.0004% / S −0.0004% | 1h | 4.2212 | +1.938% | $199K | — | 150x |
Reya NEARRUSDPERP
Bybit NEARUSDT
Kraken Futures PF_NEARUSD
Coinbase International NEAR-PERP-INTX
Gate NEAR_USDT
01 Exchange NEARUSD
Variational Omni NEAR
dYdX NEAR-USD
Kalshi KXNEARPERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $302K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2180 | +1.859% | $110K | $481K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0098% | 8h | 4.2233 | +1.987% | $56K | $193K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0099% | 8h | 4.2120 | +1.714% | $30K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2232 | +1.986% | $2.9M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.2108 | +1.686% | $394K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2271 | +2.079% | $250.5M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2300 | +2.149% | $59.5M | $276.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2160 | +1.811% | $193K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2709 | +3.138% | $243K | −$0 | 10x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2260 | +2.053% | $75.5M | $139.7M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2280 | +2.101% | $55.5M | $43.0M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2222 | +1.961% | $70.0M | $125.0M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.2280 | +2.101% | — | $141.7M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2741 | +3.214% | $275K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2750 | +3.236% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2520 | +2.681% | $178K | $788K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2236 | +1.995% | $199K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2280 | +2.101% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2220 | +1.956% | $5K | $52K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.2290 | +2.125% | $453K | $3.6M | 75x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2231 | +1.984% | $3.8M | $17.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2220 | +1.956% | $197K | $28K | 3x | as long as short |
| Hyperliquid NEAR | +0.0138% | 1h | 4.2268 | +2.072% | $354.3M | $303.6M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2180 | +1.859% | $13.1M | $28.0M | 75x | as long as short |
| Lighter RH NEAR | +0.0336% | 1h | 4.2292 | +2.130% | $1.6M | $6.9M | 10x | as long as short |
| Phemex NEARUSDT | +0.0337% | 8h | 4.2280 | +2.101% | $3.8M | $8.6M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0370% / S −0.0308% | 1h | 4.2214 | +1.941% | $269K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0378% | 1h | 4.2298 | +2.144% | $1.4M | $5.7M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0428% | 1h | 4.2184 | +1.869% | $399K | $1.2M | 10x | as long as short |
| Phoenix NEAR | +0.0499% | 1h | 4.2415 | +2.427% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0519% | 1h | 4.2205 | +1.920% | $1.8M | $3.3M | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0555% | 1h | 4.2271 | +2.079% | $1.9M | $3.2M | 25x | as long as short |
| Aftermath Perps NEARUSD | +0.1345% | 1h | 4.2516 | +2.671% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1912% | 1h | 4.2379 | +2.340% | $16.9M | $24.1M | 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
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Extended NEAR-USD
Aevo NEAR-PERP
Hyperliquid NEAR
BloFin NEAR-USDT
Lighter RH NEAR
Phemex NEARUSDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Phoenix NEAR
Nado NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Aftermath Perps NEARUSD
Lighter NEAR