Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.046%
Price spread now: Polymarket Perps against Injective+5.982%7-day average −0.940% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 3 days (all we have)−7.987%−$799 · spread now +5.982%, 7d avg −0.940%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 6.921% dearer against Injective than usual: you sell high and buy low: +$692 more if the spread goes back to its 7-day average of −0.940%.
| 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 | 17m 13s | $578 | $302K | 12x |
| Short | Polymarket Perps NEAR-USD | 4.3887 | 0.0100 | get 0.0013% / 1h | 17m 13s | $208K | $3.6M | 10x |
Injective NEAR/USDC PERP
Polymarket Perps NEAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $14
- Price spread: +5.982% → −0.940%
- $692.13
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $698.11
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 2 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 Polymarket Perps live order book, 2 min ago | 3.26 bp | 7.4 bp −$7 | 11.0 bp −$110 | doesn't fit | 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 44 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 | 4.3878 | +5.959% | $2K | — | 20x | as long as short |
| Coinbase International NEAR-PERP-INTX | −0.0064% | 1h | 4.3905 | +6.025% | $2.2M | $14.4M | 50x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3965 | +6.171% | $108K | $70K | 10x | as long as short |
| Kalshi KXNEARPERP | 0.0000% | 8h | 4.4083 | +6.455% | $599K | $20.0M | 2.2x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0004% | 1h | 4.3913 | +6.045% | $194K | — | 150x | as long as short |
| Injective NEAR/USDC PERPlong | +0.0033% | 1h | 4.1410 | long leg | $578 | $302K | 12x | |
| Variational Omni NEAR | +0.0080% | 8h | 4.4757 | +8.082% | $8.6M | $18.5M | — | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3900 | +6.013% | $111K | $494K | 50x | as long as short |
| Pacifica NEAR | +0.0100% | 1h | 4.4002 | +6.259% | $414K | $1.2M | 10x | as long as short |
| Binance NEARUSDT | +0.0100% | 8h | 4.3916 | +6.052% | $266.3M | $1.08B | 75x | as long as short |
Reya NEARRUSDPERP
Coinbase International NEAR-PERP-INTX
dYdX NEAR-USD
Kalshi KXNEARPERP
gTrade (Gains Network) NEAR/USD
Variational Omni NEAR
Popdex NEARUSDT
Pacifica NEAR
Binance NEARUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NEARUSDT | +0.0100% | 8h | 4.3929 | +6.083% | $222.8M | $422.9M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3920 | +6.061% | $62.4M | $290.9M | 50x | as long as short |
| Arcus NEAR-USD | +0.0100% | 1h | 4.3970 | +6.182% | $209K | $1.7M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.4050 | +6.375% | $251K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3906 | +6.028% | $31.7M | $62.5M | 75x | as long as short |
| MEXC NEAR_USDT | +0.0100% | 8h | 4.3950 | +6.134% | $74.7M | $142.9M | 200x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3910 | +6.037% | $53.9M | $43.7M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3899 | +6.011% | $72.4M | $126.2M | 75x | as long as short |
| BingX NEAR-USDT | +0.0100% | 8h | 4.3930 | +6.085% | — | $143.3M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.4564 | +7.616% | $281K | $1.0M | 20x | as long as short |
| GRVT NEAR_USDT_Perp | +0.0100% | 8h | 4.4520 | +7.510% | $1.5M | $1.3M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.4540 | +7.559% | $183K | $765K | 50x | as long as short |
| Polymarket Perps NEAR-USDshort | +0.0100% | 1h | 4.3887 | +5.982% | $208K | $3.6M | 10x | |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3931 | +6.088% | $60K | $190K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3920 | +6.061% | $1K | $1.4M | 20x | as long as short |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3915 | +6.049% | $5K | $51K | 10x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.4000 | +6.255% | $454K | $3.9M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3840 | +5.868% | $3.9M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3997 | +6.247% | $32K | $608 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3843 | +5.875% | $3.8M | $18.5M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0104% | 1h | 4.4007 | +6.271% | $205K | $34K | 3x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0137% | 1h | 4.3949 | +6.131% | $1.9M | $4.2M | 25x | as long as short |
| Aster NEARUSDT | +0.0187% | 8h | 4.3984 | +6.215% | $3.0M | $5.8M | 50x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0215% | 1h | 4.3919 | +6.060% | $8.0M | $40.9M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0352% / S −0.0248% | 1h | 4.3877 | +5.956% | $259K | — | 100x | as long as short |
| Nado NEAR-PERP | +0.0403% | 1h | 4.3867 | +5.935% | $1.9M | $3.1M | 10x | as long as short |
| 01 Exchange NEARUSD | +0.0424% | 1h | 4.3887 | +5.982% | $13K | $7K | 10x | as long as short |
| RISEx NEAR/USDC | +0.0509% | 1h | 4.3894 | +5.999% | $554K | $1.3M | 10x | as long as short |
| Phoenix NEAR | +0.0592% | 1h | 4.4150 | +6.617% | $1.8M | $2.6M | 10x | as long as short |
| Lighter RH NEAR | +0.0808% | 1h | 4.3960 | +6.158% | $1.6M | $7.0M | 10x | as long as short |
| Hyperliquid NEAR | +0.0911% | 1h | 4.3938 | +6.105% | $370.5M | $308.8M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0948% | 1h | 4.4041 | +6.354% | $1.4M | $6.3M | 20x | as long as short |
| Aftermath Perps NEARUSD | +0.1604% | 1h | 4.4260 | +6.882% | $6K | $12K | 10x | as long as short |
| Lighter NEAR | +0.1752% | 1h | 4.4011 | +6.280% | $17.6M | $25.7M | 15x | as long as short |
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Arcus NEAR-USD
Bulk NEAR-USD
Gate NEAR_USDT
MEXC NEAR_USDT
KuCoin NEARUSDTM
Bitget NEARUSDT
BingX NEAR-USDT
edgeX NEARUSDC
GRVT NEAR_USDT_Perp
ApeX Omni NEARUSDT
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
SoDEX NEAR-USD
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
Deribit NEAR_USDC-PERPETUAL
Aster NEARUSDT
Kraken Futures PF_NEARUSD
GMX NEAR/USD [ETH-USDC]
Nado NEAR-PERP
01 Exchange NEARUSD
RISEx NEAR/USDC
Phoenix NEAR
Lighter RH NEAR
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Aftermath Perps NEARUSD
Lighter NEAR