NEAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.072%

Price spread now: Injective against dYdX−4.388%7-day average +0.962% · you buy dearer than you sell

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

Long on dYdX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.211%+$21 on $10k

Price spread, last 3 days (all we have)+6.334%+$633 · spread now −4.388%, 7d avg +0.962%

Together, before fees+6.544%+$654 on $10k · with fees, hour by hour

Funding pays, the price is against you. Injective is 5.349% cheaper against dYdX than usual: you would sell low and buy high (spread −4.388% now, against its 7-day average of +0.962%). If the spread goes back, that is −$535 on $10k: about 18 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.211% in total) that is about 6 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX NEAR-USD	4.3310	0	get 0.0000% / 1h	37m 54s	$108K	$69K	10x
Short	Injective NEAR/USDC PERP	4.1410	0.0033	get 0.0004% / 1h	37m 54s	$578	$302K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 dYdXbpFee InjectivebpOrdersPrice spread, now −4.388%Rate

Funding earned: $7
Price spread: −4.388% → +0.962%: −$534.94
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$537.96
Costs to cover: 0.100%
Break-even: 545.0 days

Slippage unknown: dYdX: live order book, 31 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 dYdX live order book, 31 min ago	53.24 bp	59.6 bp −$60	62.5 bp −$625	85.4 bp −$8,538	138.1 bp −$69.1K
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	4.3298	−0.028%	$2K	—	20x	as long as short
Coinbase International NEAR-PERP-INTX	−0.0064%	1h	4.3313	+0.006%	$2.1M	$13.5M	50x	as long as short
dYdX NEAR-USDlong	0.0000%	1h	4.3310	long leg	$108K	$69K	10x
Kalshi KXNEARPERP	0.0000%	8h	4.3251	−0.137%	$517K	$19.5M	2.2x	as long as short
gTrade (Gains Network) NEAR/USD	L +0.0004% / S −0.0004%	1h	4.3241	−0.160%	$201K	—	150x	as long as short
Injective NEAR/USDC PERPshort	+0.0033%	1h	4.1410	−4.388%	$578	$302K	12x
Variational Omni NEAR	+0.0043%	8h	4.3108	−0.466%	$8.2M	$19.1M	—	as long as short
Popdex NEARUSDT	+0.0096%	1h	4.3290	−0.047%	$115K	$478K	50x	as long as short
Orderly PERP_NEAR_USDC	+0.0099%	8h	4.3257	−0.123%	$57K	$161K	20x	as long as short
Pacifica NEAR	+0.0100%	1h	4.3342	+0.073%	$410K	$1.2M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NEARUSDT	+0.0100%	8h	4.3306	−0.009%	$258.8M	$1.06B	75x	as long as short
Bybit NEARUSDT	+0.0100%	8h	4.3300	−0.024%	$220.2M	$419.7M	75x	as long as short
OKX NEAR-USDT-SWAP	+0.0100%	8h	4.3320	+0.022%	$61.2M	$280.7M	50x	as long as short
Arcus NEAR-USD	+0.0100%	1h	4.3340	+0.068%	$205K	$1.8M	10x	as long as short
Bulk NEAR-USD	+0.0100%	1h	4.3300	−0.024%	$247K	−$0	10x	as long as short
Gate NEAR_USDT	+0.0100%	8h	4.3279	−0.072%	$31.0M	$60.6M	75x	as long as short
MEXC NEAR_USDT	+0.0100%	8h	4.3330	+0.045%	$75.8M	$137.9M	200x	as long as short
KuCoin NEARUSDTM	+0.0100%	8h	4.3300	−0.024%	$55.6M	$42.8M	75x	as long as short
Bitget NEARUSDT	+0.0100%	8h	4.3297	−0.031%	$71.7M	$123.6M	75x	as long as short
BingX NEAR-USDC	+0.0100%	8h	4.3260	−0.116%	—	$6.6M	—	as long as short
edgeX NEARUSDC	+0.0100%	4h	4.3211	−0.229%	$259K	$1.0M	20x	as long as short
GRVT NEAR_USDT_Perp	+0.0100%	8h	4.3122	−0.434%	$1.4M	$1.3M	10x	as long as short
ApeX Omni NEARUSDT	+0.0100%	1h	4.3250	−0.139%	$179K	$776K	50x	as long as short
Polymarket Perps NEAR-USD	+0.0100%	1h	4.3326	+0.036%	$214K	$3.5M	10x	as long as short
SunX NEAR-USDT	+0.0100%	8h	4.3320	+0.022%	$2K	$1.4M	20x	as long as short
SoDEX NEAR-USD	+0.0100%	1h	4.3232	−0.181%	$5K	$51K	10x	as long as short
HTX NEAR-USDT	+0.0100%	8h	4.3440	+0.299%	$442K	$3.9M	75x	as long as short
Phemex NEARUSDT	+0.0100%	8h	4.3270	−0.093%	$3.8M	$8.3M	50x	as long as short
Paradex NEAR-USD-PERP	+0.0100%	8h	4.3286	−0.056%	$31K	$608	10x	as long as short
Extended NEAR-USD	+0.0104%	1h	4.3295	−0.035%	$3.8M	$17.3M	25x	as long as short
Aevo NEAR-PERP	+0.0104%	1h	4.3234	−0.177%	$201K	$34K	3x	as long as short
Aster NEARUSDT	+0.0112%	8h	4.3309	−0.002%	$3.0M	$5.8M	50x	as long as short
Kraken Futures PF_NEARUSD	+0.0219%	1h	4.3242	−0.159%	$7.9M	$39.9M	50x	as long as short
BloFin NEAR-USDT	+0.0220%	8h	4.3220	−0.209%	$13.2M	$27.6M	75x	as long as short
Deribit NEAR_USDC-PERPETUAL	+0.0305%	1h	4.3257	−0.123%	$1.9M	$4.1M	25x	as long as short
GMX NEAR/USD [ETH-USDC]	L +0.0360% / S −0.0278%	1h	4.3250	−0.140%	$260K	—	100x	as long as short
01 Exchange NEARUSD	+0.0368%	1h	4.3339	+0.066%	$13K	$7K	10x	as long as short
Nado NEAR-PERP	+0.0443%	1h	4.3290	−0.047%	$1.9M	$3.1M	10x	as long as short
RISEx NEAR/USDC	+0.0509%	1h	4.3322	+0.026%	$542K	$1.3M	10x	as long as short
Phoenix NEAR	+0.0592%	1h	4.3150	−0.370%	$1.8M	$2.6M	10x	as long as short
Lighter RH NEAR	+0.0640%	1h	4.3340	+0.068%	$1.6M	$6.9M	10x	as long as short
Hyperliquid NEAR	+0.0740%	1h	4.3355	+0.103%	$364.1M	$303.3M	10x	as long as short
Backpack NEAR_USDC_PERP	+0.0790%	1h	4.3325	+0.034%	$1.4M	$6.0M	20x	as long as short
Lighter NEAR	+0.1432%	1h	4.3327	+0.038%	$17.3M	$24.7M	15x	as long as short
Aftermath Perps NEARUSD	+0.1438%	1h	4.3211	−0.228%	$5K	$12K	10x	as long as short