Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.046%
Price spread now: Injective against BingX−3.112%102s7-day average +1.086% · you buy dearer than you sell
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)+5.493%+$549 · spread now −3.112%, 7d avg +1.086%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.198% cheaper against BingX than usual: you would sell low and buy high (−$420 if the spread goes back to its 7-day average of +1.086%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.096%, so the current rate has only just turned against you. 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 | BingX NEAR-USDT | 4.2740 | 0.0100 | pay 0.0100% / 8h | 45m 38s | — | $138.5M | — |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 45m 38s | $578 | $302K | 12x |
BingX NEAR-USDT
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BingX. 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: −3.112% → +1.086%
- −$419.83
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$443.85
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 8 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 BingX live order book, 8 min ago | 1.15 bp | 6.2 bp −$6 | 6.6 bp −$66 | 16.5 bp −$1,648 | 35.6 bp −$17.8K |
| 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 | 4.2690 | −0.118% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0072% | 1h | 4.2695 | −0.105% | $2.2M | $13.0M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.2746 | +0.015% | $111K | $59K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.2719 | −0.049% | $396K | $18.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.2712 | −0.065% | $203K | — | 150x | as long as short |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −3.112% | $578 | $302K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.2730 | −0.023% | $108K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0096% | 8h | 4.2726 | −0.033% | $219.5M | $421.9M | 75x | as long as short |
| Paradex NEAR-USD-PERP | +0.0100% | 8h | 4.2753 | +0.030% | $31K | $647 | 10x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.2787 | +0.111% | $3.0M | $5.6M | 50x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Popdex NEARUSDT
Bybit NEARUSDT
Paradex NEAR-USD-PERP
Aster NEARUSDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NEAR | +0.0100% | 1h | 4.2749 | +0.020% | $402K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.2756 | +0.037% | $253.2M | $1.07B | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.2740 | 0.000% | $61.0M | $285.3M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.2750 | +0.023% | $202K | $1.8M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3000 | +0.608% | $245K | $2K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.2749 | +0.021% | $30.2M | $58.8M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.2760 | +0.047% | $78.5M | $140.5M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.2780 | +0.094% | $56.0M | $43.5M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.2731 | −0.021% | $71.0M | $126.1M | 75x | as long as short |
| BingX NEAR-USDTlong | +0.0100% | 8h | 4.2740 | long leg | — | $138.5M | — | |
| Variational Omni NEAR | +0.0100% | 8h | 4.3020 | +0.654% | $8.0M | $17.9M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.2986 | +0.576% | $245K | $1.2M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.2963 | +0.522% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.2990 | +0.585% | $180K | $788K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.2741 | +0.002% | $217K | $3.4M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.2732 | −0.019% | $57K | $194K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.2770 | +0.070% | $2K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.2720 | −0.047% | $5K | $46K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.2750 | +0.023% | $3.9M | $8.2M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.2721 | −0.043% | $4.0M | $15.9M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.2720 | −0.047% | $206K | $62K | 3x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0119% | 1h | 4.2739 | −0.002% | $7.4M | $36.9M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0200% | 1h | 4.2754 | +0.033% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.2730 | −0.023% | $13.0M | $30.7M | 75x | as long as short |
| Lighter RH NEAR | +0.0360% | 1h | 4.2792 | +0.122% | $1.5M | $7.0M | 10x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0374% / S −0.0314% | 1h | 4.2702 | −0.090% | $274K | — | 100x | as long as short |
| RISEx NEAR/USDC | +0.0404% | 1h | 4.2743 | +0.007% | $412K | $1.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0437% | 1h | 4.2829 | +0.208% | $1.3M | $5.5M | 20x | as long as short |
| Phoenix NEAR | +0.0463% | 1h | 4.2919 | +0.419% | $1.8M | $2.7M | 10x | as long as short |
| Nado NEAR-PERP | +0.0814% | 1h | 4.2705 | −0.081% | $1.9M | $3.4M | 10x | as long as short |
| HTX NEAR-USDT | +0.0876% | 8h | 4.2830 | +0.211% | $457K | $3.7M | 75x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1084% | 1h | 4.2794 | +0.126% | $1.9M | $2.3M | 25x | as long as short |
| Hyperliquid NEAR | +0.1151% | 1h | 4.2806 | +0.154% | $368.9M | $298.2M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1171% | 1h | 4.2947 | +0.484% | $5K | $11K | 10x | as long as short |
| Lighter NEAR | +0.1880% | 1h | 4.2869 | +0.301% | $16.5M | $23.7M | 15x | as long as short |
Pacifica NEAR
Binance NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
Phemex NEARUSDT
Extended NEAR-USD
Aevo NEAR-PERP
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
BloFin NEAR-USDT
Lighter RH NEAR
GMX NEAR/USD [ETH-USDC]
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Nado NEAR-PERP
HTX NEAR-USDT
Deribit NEAR_USDC-PERPETUAL
Hyperliquid NEAR
Aftermath Perps NEARUSD
Lighter NEAR