Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.019%
Price spread now: Orderly against Injective+10.022%58s7-day average −0.492% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)−11.873%−$1,187 · spread now +10.022%, 7d avg −0.492%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 10.514% dearer against Injective than usual: you sell high and buy low: +$1,051 more if the spread goes back to its 7-day average of −0.492%. Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour. The two prices were read 58 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 | 3m 34s | $578 | $301K | 12x |
| Short | Orderly PERP_NEAR_USDC | 4.5560 | 0.0100 | get 0.0100% / 8h | 7h 03m | $58K | $239K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +10.022% → −0.492%
- $1,051.38
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $1,059.36
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Orderly: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Injective and Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0414% | 1h | 4.5573 | +10.054% | $7.5M | $38.7M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.5762 | +10.511% | $2K | — | 20x | as long as short |
| Phemex NEARUSDT | −0.0137% | 8h | 4.5530 | +9.949% | $3.6M | $7.7M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5519 | +9.923% | $111K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5509 | +9.899% | $171K | — | 150x | as long as short |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $301K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5680 | +10.312% | $121K | $512K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5675 | +10.300% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5712 | +10.388% | $277.4M | $1.09B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5817 | +10.642% | $238.2M | $433.9M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5770 | +10.529% | $64.9M | $312.2M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.5700 | +10.360% | $238K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5050 | +8.790% | $260K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5497 | +9.870% | $39.0M | $64.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5510 | +9.901% | $88.0M | $166.2M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5550 | +9.998% | $54.0M | $45.6M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5753 | +10.488% | $75.5M | $127.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.5570 | +10.046% | — | $6.6M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5318 | +9.436% | $9.4M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5430 | +9.708% | $268K | $900K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5537 | +9.966% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5480 | +9.829% | $171K | $825K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5837 | +10.691% | $285K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDCshort | +0.0100% | 8h | 4.5560 | +10.022% | $58K | $239K | 20x | |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5680 | +10.312% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5565 | +10.034% | $5K | $49K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5543 | +9.981% | $3.8M | $15.1M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5584 | +10.080% | $212K | $38K | 3x | as long as short |
| Paradex NEAR-USD-PERP | +0.0106% | 8h | 4.5537 | +9.966% | $33K | $413 | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0130% | 8h | 4.5642 | +10.220% | $943K | $25.5M | 2.2x | as long as short |
| Nado NEAR-PERP | +0.0211% | 1h | 4.5780 | +10.553% | $1.8M | $3.2M | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5450 | +9.756% | $12.8M | $33.5M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0348% / S −0.0244% | 1h | 4.5582 | +10.075% | $268K | — | 100x | as long as short |
| 01 Exchange NEARUSD | +0.0384% | 1h | 4.5725 | +10.420% | $13K | $5K | 10x | as long as short |
| HTX NEAR-USDT | +0.0392% | 8h | 4.5690 | +10.336% | $481K | $3.8M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.5651 | +10.241% | $2.4M | $18.0M | 50x | as long as short |
| Hyperliquid NEAR | +0.0495% | 1h | 4.5793 | +10.584% | $372.7M | $319.6M | 10x | as long as short |
| Lighter NEAR | +0.0560% | 1h | 4.5604 | +10.128% | $17.9M | $24.3M | 15x | as long as short |
| Lighter RH NEAR | +0.0592% | 1h | 4.5608 | +10.138% | $1.6M | $6.6M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0643% | 1h | 4.5571 | +10.048% | $1.1M | $7.2M | 20x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.5686 | +10.326% | $649K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.5542 | +9.978% | $429K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.5702 | +10.365% | $1.7M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1241% | 1h | 4.5222 | +9.205% | $6K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.2276% | 1h | 4.5640 | +10.215% | $2.0M | $13.1M | 25x | as long as short |
Injective NEAR/USDC PERP
Kraken Futures PF_NEARUSD
Phemex NEARUSDT
gTrade (Gains Network) NEAR/USD
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDC
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Extended NEAR-USD
Paradex NEAR-USD-PERP
Kalshi KXNEARPERP
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
01 Exchange NEARUSD
HTX NEAR-USDT
Coinbase International NEAR-PERP-INTX
Hyperliquid NEAR
Lighter NEAR
Lighter RH NEAR
Backpack NEAR_USDC_PERP
RISEx NEAR/USDC
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL