NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0781%/8h= −85.5% APRnext payment −$0.98 per $10,000 · paid last 24h −0.114%

Price spread now: Injective against Arcus−6.333%7-day average +0.560% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.326%−$33 on $10k

Price spread, last 4 days (all we have)+8.668%+$867 · spread now −6.333%, 7d avg +0.560%

Together, before fees+8.342%+$834 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Injective is 6.894% cheaper against Arcus than usual: you would sell low and buy high (−$689 if the spread goes back to its 7-day average of +0.560%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NEAR-USD	4.4210	0.0814	pay 0.0102% / 1h	4m 33s	$226K	$1.6M	10x
Short	Injective NEAR/USDC PERP	4.1410	0.0033	get 0.0004% / 1h	4m 33s	$578	$301K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee InjectivebpOrdersPrice spread, now −6.333%Rate

Funding earned: −$163.95
Price spread: −6.333% → +0.560%: −$689.38
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$857.85
Costs to cover: 0.045%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 4 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 Arcus live order book, 4 min ago	1.14 bp	4.5 bp −$5	13.0 bp −$130	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
Reya NEARRUSDPERP	−0.0171%	1h	4.4098	−0.254%	$2K	—	20x	as long as short
dYdX NEAR-USD	0.0000%	1h	4.4099	−0.252%	$109K	$68K	10x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0006%	1h	4.4048	−0.366%	$166K	—	150x	as long as short
Injective NEAR/USDC PERPshort	+0.0033%	1h	4.1410	−6.333%	$578	$301K	12x
Popdex NEARUSDT	+0.0096%	1h	4.4170	−0.090%	$117K	$497K	50x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.4140	−0.158%	$221.8M	$423.0M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.4140	−0.158%	$62.4M	$294.3M	50x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3500	−1.606%	$248K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.4130	−0.181%	$33.7M	$61.3M	75x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.4150	−0.136%	$53.2M	$46.0M	75x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NEARUSDT	+0.0100%	8h	4.4160	−0.113%	$72.8M	$127.0M	75x	as long as short
Variational Omni NEAR	+0.0100%	8h	4.4197	−0.029%	$8.9M	$18.4M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.4038	−0.390%	$257K	$964K	20x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.4140	−0.158%	$283K	$3.9M	10x	as long as short
Orderly PERP_NEAR_USDC	+0.0100%	8h	4.4068	−0.321%	$57K	$243K	20x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.4130	−0.181%	$1K	$1.3M	20x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.4180	−0.068%	$468K	$4.0M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.4070	−0.317%	$3.6M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0102%	8h	4.4101	−0.247%	$32K	$608	10x	as long as short
GRVT NEAR_USDT_Perp	+0.0111%	8h	4.4060	−0.339%	$1.5M	$1.5M	10x	as long as short
Aevo NEAR-PERP	+0.0112%	1h	4.4080	−0.294%	$205K	$40K	3x	as long as short
BingX NEAR-USDT	+0.0133%	8h	4.4170	−0.090%	—	$143.6M	—	as long as short
MEXC NEAR_USDT	+0.0142%	8h	4.4150	−0.136%	$83.8M	$146.6M	200x	as long as short
Binance NEARUSDT	+0.0144%	8h	4.4193	−0.038%	$268.6M	$1.09B	75x	as long as short
Coinbase International NEAR-PERP-INTX	+0.0256%	1h	4.4121	−0.201%	$2.3M	$16.3M	50x	as long as short
BloFin NEAR-USDT	+0.0262%	8h	4.4150	−0.136%	$13.3M	$32.6M	75x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0314% / S −0.0201%	1h	4.4067	−0.324%	$236K	—	100x	as long as short
Kalshi KXNEARPERP	+0.0314%	8h	4.4234	+0.054%	$1.0M	$24.7M	2.2x	as long as short
Aster NEARUSDT	+0.0342%	8h	4.4180	−0.068%	$2.9M	$5.2M	50x	as long as short
Nado NEAR-PERP	+0.0391%	1h	4.4135	−0.170%	$1.7M	$3.2M	10x	as long as short
ApeX Omni NEARUSDT	+0.0434%	1h	4.4030	−0.407%	$168K	$797K	50x	as long as short
Extended NEAR-USD	+0.0456%	1h	4.4139	−0.161%	$3.7M	$19.2M	25x	as long as short
SoDEX NEAR-USD	+0.0498%	1h	4.4085	−0.283%	$5K	$52K	10x	as long as short
Hyperliquid NEAR	+0.0676%	1h	4.4130	−0.181%	$363.0M	$311.2M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0698%	1h	4.4127	−0.188%	$1.3M	$6.5M	20x	as long as short
01 Exchange NEARUSD	+0.0712%	1h	4.4229	+0.043%	$13K	$7K	10x	as long as short
Kraken Futures PF_NEARUSD	+0.0717%	1h	4.4081	−0.292%	$7.3M	$39.2M	50x	as long as short
Arcus NEAR-USDlong	+0.0814%	1h	4.4210	long leg	$226K	$1.6M	10x
Pacifica NEAR	+0.0847%	1h	4.4124	−0.194%	$404K	$1.4M	10x	as long as short
Lighter NEAR	+0.0928%	1h	4.4150	−0.136%	$17.3M	$25.3M	15x	as long as short
Phoenix NEAR	+0.1033%	1h	4.4241	+0.070%	$1.8M	$2.5M	10x	as long as short
Lighter RH NEAR	+0.1112%	1h	4.4146	−0.145%	$1.5M	$7.5M	10x	as long as short
RISEx NEAR/USDC	+0.1220%	1h	4.4204	−0.015%	$703K	$1.3M	10x	as long as short
Aftermath Perps NEARUSD	+0.1251%	1h	4.3841	−0.836%	$5K	$12K	10x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.1681%	1h	4.4115	−0.215%	$2.0M	$12.1M	25x	as long as short