Funding you earn now, next payment 01:00 UTC−0.0395%/8h= −43.3% APRnext payment −$0.49 per $10,000 · paid last 24h −0.087%
Price spread now: Injective against RISEx−3.796%7-day average +1.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.363%−$36 on $10k
+Price spread, last 3 days (all we have)+6.063%+$606 · spread now −3.796%, 7d avg +1.026%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Injective is 4.822% cheaper against RISEx than usual: you would sell low and buy high (−$482 if the spread goes back to its 7-day average of +1.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx NEAR/USDC | 4.3044 | 0.0428 | pay 0.0054% / 1h | 52m 53s | $409K | $1.2M | 10x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 52m 53s | $578 | $302K | 12x |
RISEx NEAR/USDC
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against RISEx. 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
- −$82.96
- Price spread: −3.796% → +1.026%
- −$482.23
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$571.21
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 1 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 RISEx live order book, 1 min ago | 2.89 bp | 5.9 bp −$6 | 16.3 bp −$163 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex NEARUSDT | −0.1999% | 8h | 4.3080 | +0.084% | $3.9M | $8.6M | 50x | as long as short |
| Bybit NEARUSDT | −0.0236% | 8h | 4.3030 | −0.032% | $219.3M | $419.2M | 75x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3052 | +0.019% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0131% | 1h | 4.3104 | +0.139% | $7.6M | $37.2M | 50x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0096% | 1h | 4.3061 | +0.040% | $2.3M | $13.1M | 50x | as long as short |
| 01 Exchange NEARUSD | −0.0008% | 1h | 4.3029 | −0.035% | $13K | $7K | 10x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3114 | +0.162% | $112K | $64K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.3105 | +0.142% | $378K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3092 | +0.112% | $204K | — | 150x | as long as short |
| Variational Omni NEAR | +0.0019% | 8h | 4.2869 | −0.406% | $7.9M | $18.5M | — | as long as short |
Phemex NEARUSDT
Bybit NEARUSDT
Reya NEARRUSDPERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −3.796% | $578 | $302K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3030 | −0.032% | $112K | $478K | 50x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0099% | 8h | 4.3100 | +0.130% | $57K | $193K | 20x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.3032 | −0.028% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3130 | +0.200% | $3.0M | $5.7M | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.3114 | +0.162% | $404K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3047 | +0.008% | $255.6M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3020 | −0.056% | $61.2M | $282.0M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3030 | −0.032% | $197K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.2646 | −0.924% | $243K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3044 | 0.000% | $31.1M | $58.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3070 | +0.061% | $79.6M | $138.4M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3090 | +0.107% | $56.3M | $43.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3036 | −0.018% | $71.4M | $125.2M | 75x | as long as short |
| BingX NEAR-USDC | +0.0100% | 8h | 4.3030 | −0.032% | — | $6.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2790 | −0.591% | $244K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2819 | −0.523% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2780 | −0.613% | $179K | $794K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3089 | +0.105% | $193K | $3.5M | 10x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3140 | +0.223% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3080 | +0.084% | $5K | $53K | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3061 | +0.039% | $3.9M | $16.4M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.3099 | +0.127% | $201K | $28K | 3x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0144% | 1h | 4.3116 | +0.167% | $1.9M | $2.9M | 25x | as long as short |
| HTX NEAR-USDT | +0.0149% | 8h | 4.3190 | +0.339% | $459K | $3.6M | 75x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.3090 | +0.107% | $13.0M | $29.3M | 75x | as long as short |
| Hyperliquid NEAR | +0.0347% | 1h | 4.3100 | +0.130% | $367.6M | $299.8M | 10x | as long as short |
| Lighter RH NEAR | +0.0360% | 1h | 4.3144 | +0.233% | $1.6M | $6.8M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0376% / S −0.0313% | 1h | 4.3090 | +0.107% | $275K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0423% | 1h | 4.3010 | −0.079% | $1.9M | $3.4M | 10x | as long as short |
| RISEx NEAR/USDClong | +0.0428% | 1h | 4.3044 | long leg | $409K | $1.2M | 10x | |
| Phoenix NEAR | +0.0499% | 1h | 4.2848 | −0.455% | $1.8M | $2.7M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0501% | 1h | 4.3131 | +0.202% | $1.4M | $5.6M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.1185% | 1h | 4.2929 | −0.267% | $5K | $12K | 10x | as long as short |
| Lighter NEAR | +0.2032% | 1h | 4.3218 | +0.404% | $17.3M | $23.7M | 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-USDC
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
SunX NEAR-USDT
SoDEX NEAR-USD
Extended NEAR-USD
Aevo NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
HTX NEAR-USDT
BloFin NEAR-USDT
Hyperliquid NEAR
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
Phoenix NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD
Lighter NEAR