Funding you earn now, next payment 10:00 UTC+0.0471%/8h= +51.5% APRnext payment +$0.59 per $10,000 · paid last 24h +0.015%
Price spread now: Coinbase International against Injective+8.911%64s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Coinbase International is 8.911% dearer against Injective than usual: you sell high and buy low: +$891 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.206%, so the current rate has only just turned in your favour. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.206% in total (about -10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.59 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective NEAR/USDC PERP | 4.1410 | 0.0033 | pay 0.0004% / 1h | 3m 47s | $578 | $301K | 12x |
| Short | Coinbase International NEAR-PERP-INTX | 4.5100 | 0.0504 | get 0.0063% / 1h | 3m 47s | $2.4M | $17.7M | 50x |
Injective NEAR/USDC PERP
Coinbase International NEAR-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Injective. 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
- $98.84
- Price spread: +8.911% → 0.000%
- $891.09
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $979.91
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 4.45 bp | 12.2 bp −$12 | 18.3 bp −$183 | 799.1 bp −$79.9K | doesn't fit |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0235% | 1h | 4.5048 | +8.786% | $7.3M | $37.1M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.5053 | +8.798% | $2K | — | 20x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.5037 | +8.759% | $932K | $26.5M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.5035 | +8.755% | $169K | — | 150x | as long as short |
| dYdX NEAR-USD | +0.0022% | 1h | 4.4867 | +8.348% | $110K | $53K | 10x | as long as short |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $301K | 12x | |
| 01 Exchange NEARUSD | +0.0080% | 1h | 4.5077 | +8.855% | $13K | $4K | 10x | as long as short |
| Lighter NEAR | +0.0096% | 1h | 4.4957 | +8.565% | $17.0M | $25.2M | 15x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.5060 | +8.814% | $124K | $505K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.4982 | +8.627% | $2.7M | $4.8M | 50x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
dYdX NEAR-USD
01 Exchange NEARUSD
Lighter NEAR
Popdex NEARUSDT
Aster NEARUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NEARUSDT | +0.0100% | 8h | 4.4964 | +8.583% | $271.1M | $1.08B | 75x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.5022 | +8.723% | $231.2M | $430.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.5020 | +8.718% | $64.2M | $302.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4850 | +8.307% | $276K | $24K | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.5022 | +8.723% | $41.1M | $63.7M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.5040 | +8.766% | $72.4M | $171.6M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.5060 | +8.814% | $54.2M | $44.1M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.4993 | +8.652% | $74.9M | $127.7M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.5020 | +8.718% | — | $74.7M | — | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.4853 | +8.315% | $8.8M | $16.1M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4891 | +8.406% | $266K | $863K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4890 | +8.404% | $1.5M | $1.8M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4850 | +8.307% | $168K | $808K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.5068 | +8.834% | $192K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.5061 | +8.817% | $56K | $273K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.5130 | +8.983% | $2K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.5065 | +8.826% | $5K | $34K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.5120 | +8.959% | $472K | $3.7M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.5080 | +8.863% | $3.4M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.5024 | +8.726% | $33K | $389 | 10x | as long as short |
| Hyperliquid NEAR | +0.0102% | 1h | 4.5053 | +8.797% | $362.0M | $312.2M | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.5025 | +8.730% | $3.7M | $15.0M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.5045 | +8.778% | $209K | $38K | 3x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0191% / S −0.0033% | 1h | 4.4849 | +8.304% | $241K | — | 100x | as long as short |
| BloFin NEAR-USDT | +0.0220% | 8h | 4.5030 | +8.742% | $12.7M | $32.7M | 75x | as long as short |
| Lighter RH NEAR | +0.0240% | 1h | 4.4992 | +8.650% | $1.6M | $6.1M | 10x | as long as short |
| Nado NEAR-PERP | +0.0266% | 1h | 4.5070 | +8.838% | $1.8M | $3.1M | 10x | as long as short |
| Arcus NEAR-USD | +0.0343% | 1h | 4.5100 | +8.911% | $228K | $1.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0489% | 1h | 4.5066 | +8.828% | $651K | $1.6M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTXshort | +0.0504% | 1h | 4.5100 | +8.911% | $2.4M | $17.7M | 50x | |
| Backpack NEAR_USDC_PERP | +0.0559% | 1h | 4.5139 | +9.005% | $1.1M | $7.2M | 20x | as long as short |
| Phoenix NEAR | +0.0741% | 1h | 4.4988 | +8.640% | $1.7M | $2.7M | 10x | as long as short |
| Pacifica NEAR | +0.0851% | 1h | 4.5016 | +8.707% | $425K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.0896% | 1h | 4.4885 | +8.391% | $6K | $6K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.1104% | 1h | 4.5104 | +8.921% | $1.9M | $13.0M | 25x | as long as short |
Binance NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
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
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Hyperliquid NEAR
Extended NEAR-USD
Aevo NEAR-PERP
GMX NEAR/USD [ETH-USDC]
BloFin NEAR-USDT
Lighter RH NEAR
Nado NEAR-PERP
Arcus NEAR-USD
RISEx NEAR/USDC
Backpack NEAR_USDC_PERP
Phoenix NEAR
Pacifica NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL