Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.132%
Price spread now: Kraken Futures against Injective+4.178%7-day average −0.362% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 4 days (all we have)−5.963%−$596 · spread now +4.178%, 7d avg −0.362%
=The price spread pays, funding is against you. Kraken Futures is 4.540% dearer against Injective than usual: you sell high and buy low (spread +4.178% now, against its 7-day average of −0.362%): +$454 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about years. Mind the row above: over the last 7 days funding on this pair paid +0.186%, so the current rate has only just turned against you.
| 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 | 34m 34s | $578 | $301K | 12x |
| Short | Kraken Futures PF_NEARUSD | 4.3140 | 0.0017 | get 0.0002% / 1h | 34m 34s | $7.1M | $38.3M | 50x |
Injective NEAR/USDC PERP
Kraken Futures PF_NEARUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$3.49
- Price spread: +4.178% → −0.362%
- $453.99
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $440.48
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago | 7.41 bp | 17.5 bp −$18 | 23.0 bp −$230 | 53.0 bp −$5,301 | 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 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 | 4.3147 | +4.194% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3109 | +4.104% | $106K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3148 | +4.198% | $161K | — | 150x | as long as short |
| Kraken Futures PF_NEARUSDshort | +0.0017% | 1h | 4.3140 | +4.178% | $7.1M | $38.3M | 50x | |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $301K | 12x | |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3200 | +4.323% | $110K | $496K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3180 | +4.274% | $218.0M | $430.2M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3180 | +4.274% | $60.7M | $291.5M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3160 | +4.226% | $246K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3122 | +4.134% | $35.2M | $62.4M | 75x | as long as short |
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3110 | +4.105% | $52.2M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3119 | +4.127% | $71.4M | $128.1M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3217 | +4.363% | $8.7M | $18.8M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3097 | +4.074% | $250K | $899K | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.3207 | +4.340% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3080 | +4.033% | $164K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3214 | +4.356% | $283K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3164 | +4.236% | $57K | $235K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3280 | +4.516% | $1K | $1.3M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3165 | +4.238% | $5K | $53K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3180 | +4.274% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3129 | +4.152% | $31K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3158 | +4.222% | $3.6M | $17.2M | 25x | as long as short |
| HTX NEAR-USDT | +0.0125% | 8h | 4.3340 | +4.661% | $461K | $3.8M | 75x | as long as short |
| Aevo NEAR-PERP | +0.0128% | 1h | 4.3165 | +4.239% | $201K | $38K | 3x | as long as short |
| Kalshi KXNEARPERP | +0.0183% | 8h | 4.3208 | +4.342% | $935K | $25.2M | 2.2x | as long as short |
| Binance NEARUSDT | +0.0191% | 8h | 4.3194 | +4.307% | $262.2M | $1.09B | 75x | as long as short |
| Aster NEARUSDT | +0.0192% | 8h | 4.3188 | +4.293% | $2.7M | $4.8M | 50x | as long as short |
| MEXC NEAR_USDT | +0.0193% | 8h | 4.3120 | +4.129% | $83.2M | $150.7M | 200x | as long as short |
| BingX NEAR-USDT | +0.0199% | 8h | 4.3150 | +4.202% | — | $145.1M | — | as long as short |
| Hyperliquid NEAR | +0.0216% | 1h | 4.3135 | +4.166% | $348.0M | $315.4M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0248% | 1h | 4.3214 | +4.356% | $13K | $7K | 10x | as long as short |
| BloFin NEAR-USDT | +0.0313% | 8h | 4.3190 | +4.298% | $13.3M | $31.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0315% / S −0.0204% | 1h | 4.3148 | +4.196% | $232K | — | 100x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0397% | 1h | 4.3187 | +4.291% | $1.1M | $7.0M | 20x | as long as short |
| Nado NEAR-PERP | +0.0448% | 1h | 4.3160 | +4.226% | $1.7M | $3.2M | 10x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3206 | +4.337% | $2.3M | $16.8M | 50x | as long as short |
| Lighter RH NEAR | +0.0504% | 1h | 4.3165 | +4.238% | $1.5M | $6.6M | 10x | as long as short |
| Arcus NEAR-USD | +0.0638% | 1h | 4.3200 | +4.323% | $226K | $1.6M | 10x | as long as short |
| Lighter NEAR | +0.0672% | 1h | 4.3154 | +4.211% | $17.0M | $25.1M | 15x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0724% | 1h | 4.3179 | +4.272% | $1.9M | $13.2M | 25x | as long as short |
| Pacifica NEAR | +0.0949% | 1h | 4.3118 | +4.124% | $406K | $1.5M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3179 | +4.272% | $1.8M | $2.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0965% | 1h | 4.3199 | +4.320% | $599K | $1.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1247% | 1h | 4.3230 | +4.396% | $5K | $7K | 10x | as long as short |
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
Paradex NEAR-USD-PERP
Extended NEAR-USD
HTX NEAR-USDT
Aevo NEAR-PERP
Kalshi KXNEARPERP
Binance NEARUSDT
Aster NEARUSDT
MEXC NEAR_USDT
BingX NEAR-USDT
Hyperliquid NEAR
01 Exchange NEARUSD
BloFin NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Backpack NEAR_USDC_PERP
Nado NEAR-PERP
Coinbase International NEAR-PERP-INTX
Lighter RH NEAR
Arcus NEAR-USD
Lighter NEAR
Deribit NEAR_USDC-PERPETUAL
Pacifica NEAR
Phoenix NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD