Funding you earn now, next payment 09:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against gTrade (Gains Network)−8.863%185s7-day average +0.503% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)+10.701%+$1,070 · spread now −8.863%, 7d avg +0.503%
=Funding pays, the price is against you. Injective is 9.366% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −8.863% now, against its 7-day average of +0.503%). If the spread goes back, that is −$937 on $10k: about years of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.109% in total) that is about 10 months. The two prices were read 185 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 | gTrade (Gains Network) NEAR/USD | 4.5437 | L +0.0004% / S −0.0006% | pay 0.0001% / 1h | 56m 13s | $170K | — | 150x |
| Short | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | get 0.0004% / 1h | 56m 13s | $578 | $301K | 12x |
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against gTrade (Gains Network). 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
- $6.09
- Price spread: −8.863% → +0.503%
- −$936.62
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$940.55
- Costs to cover
- 0.100%
- Break-even
- 1088.4 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 38 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 gTrade (Gains Network) virtual book (oracle venue), 38 min ago | 130.01 bp | 135.0 bp −$135 | 875.9 bp −$8,759 | 9405.5 bp −$940.5K | 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 | 4.5098 | −0.746% | $2K | — | 20x | as long as short |
| Kraken Futures PF_NEARUSD | −0.0140% | 1h | 4.5091 | −0.761% | $7.4M | $38.6M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.5021 | −0.915% | $110K | $53K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USDlong | L +0.0004% / S −0.0006% | 1h | 4.5437 | long leg | $170K | — | 150x | |
| Injective NEAR/USDC PERPshort | +0.0033% | 1h | 4.1410 | −8.863% | $578 | $301K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5080 | −0.786% | $119K | $521K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.5117 | −0.704% | $2.7M | $4.7M | 50x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.5105 | −0.731% | $274.0M | $1.10B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5076 | −0.795% | $234.3M | $435.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5060 | −0.830% | $64.2M | $308.5M | 50x | as long as short |
Reya NEARRUSDPERP
Kraken Futures PF_NEARUSD
dYdX NEAR-USD
Popdex NEARUSDT
Aster NEARUSDT
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.5140 | −0.654% | $233K | $1.4M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.5308 | −0.284% | $261K | $3K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5115 | −0.709% | $38.7M | $61.2M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5120 | −0.698% | $81.9M | $162.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5110 | −0.720% | $53.6M | $45.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.5104 | −0.733% | $74.5M | $128.5M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.5170 | −0.588% | — | $82.8M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.5317 | −0.265% | $9.4M | $17.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.5378 | −0.129% | $268K | $880K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.5362 | −0.165% | $1.5M | $1.6M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.5390 | −0.103% | $169K | $826K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5085 | −0.775% | $281K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5155 | −0.621% | $59K | $269K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5200 | −0.522% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5145 | −0.643% | $5K | $44K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5090 | −0.764% | $3.5M | $8.0M | 50x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5132 | −0.671% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5166 | −0.596% | $210K | $38K | 3x | as long as short |
| Paradex NEAR-USD-PERP | +0.0109% | 8h | 4.5129 | −0.678% | $33K | $413 | 10x | as long as short |
| Kalshi KXNEARPERP | +0.0124% | 8h | 4.5153 | −0.625% | $834K | $25.5M | 2.2x | as long as short |
| HTX NEAR-USDT | +0.0161% | 8h | 4.5140 | −0.654% | $476K | $3.8M | 75x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5380 | −0.125% | $12.8M | $33.4M | 75x | as long as short |
| Hyperliquid NEAR | +0.0244% | 1h | 4.5147 | −0.638% | $366.6M | $322.0M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0248% | 1h | 4.5071 | −0.806% | $13K | $5K | 10x | as long as short |
| Lighter NEAR | +0.0336% | 1h | 4.5181 | −0.563% | $17.7M | $23.4M | 15x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0341% / S −0.0235% | 1h | 4.5121 | −0.696% | $259K | — | 100x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0520% | 1h | 4.5182 | −0.561% | $2.3M | $18.0M | 50x | as long as short |
| RISEx NEAR/USDC | +0.0569% | 1h | 4.5086 | −0.772% | $645K | $1.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0592% | 1h | 4.5135 | −0.665% | $1.6M | $6.0M | 10x | as long as short |
| Phoenix NEAR | +0.0740% | 1h | 4.5602 | +0.363% | $1.8M | $2.2M | 10x | as long as short |
| Nado NEAR-PERP | +0.0761% | 1h | 4.5115 | −0.709% | $1.7M | $3.2M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0782% | 1h | 4.5325 | −0.246% | $1.1M | $7.2M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0836% | 1h | 4.5171 | −0.585% | $1.9M | $13.1M | 25x | as long as short |
| Pacifica NEAR | +0.0883% | 1h | 4.5151 | −0.630% | $426K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1266% | 1h | 4.5287 | −0.329% | $6K | $7K | 10x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
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
Paradex NEAR-USD-PERP
Kalshi KXNEARPERP
HTX NEAR-USDT
BloFin NEAR-USDT
Hyperliquid NEAR
01 Exchange NEARUSD
Lighter NEAR
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
RISEx NEAR/USDC
Lighter RH NEAR
Phoenix NEAR
Nado NEAR-PERP
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Aftermath Perps NEARUSD